Hello! I'm Alex and I'm relatively new to trading.
I bought the Angel about 3 months ago and been doing loads of "tests" with it and sensible trading. I am now getting my head around it and i made a steady profit by scalping pre-race and also laying big prices. However, the lay method affected my bankroll, as you will SURELY hit a winner amongst the 20/1 laid . It's just a matter of time, i've learned it (and it was expensive) and can't emphasise enough how true this is. Anyone thinking they are going to retire just by LAYING big prices, please stop! Now. Protect your bank and never let a lay bet go in running without a back bet to cover it. These are just my two cents and I've written this to produce some sort of value for the readers. A prime example that did me for 100 pounds yesterday, at Redcar: laid a horse at 25/1 in the first race and it won (it touched 40/1 in running also). After that I laid another one, at the next race in that meeting: 20/1, Echo. Won the race without drifting, the price only came down as it ran such a good performance. So there you go: two races in 10 minutes, same meeting, two big priced winners.
As I said, it is just a matter of time before you get done by a big price laid, so have a system or strategy in play, never lay and hope for the best. It is not profitable. Now, I have an enquiry as well and hopefully one of you gents can help. I am looking to automate some negative or positive progressions but can't find the right buttons in the Angel. The system would be straighforward and would apply to each separate meeting. What I am writing is just an example, I am not saying it will work and that i will use it blindly, but i can't find a button to allow me to do a sequence on different races in the same meeting, with the same automation file. So it would go like this:
RACE 1:
Back the favourite 1 minute before OFF
The fav has to have a price betweeen 2.00 and 3.95
Stake of 5 pounds
RACE 2:
If first bet won, then stop sequence
If not, repeat the bet on the fav, but with 15 pounds
RACE 3:
If second bet won, then stop sequence
If not, repeat the bet but with 45 pounds
Stop regardless after result in race 3.
Anyone knows how to program the bot to do this? Any help would be much appreciated. This is my first post and I will try to bring value to readers as well in the future. Please help! Thank you!
Automation for negative/positive progressions
Alex - welcome.
Luckily, there is no button that allows you to undertake the strategy that you detail above. widely known as matingale, this staking strategy will similarly lead you to the brink of busting your bank. you would be far better to get involved in looking at how to scratch trades pre-race and work ona strategy that expands from that. bank protection (as you'll hear from others that will chip in), is the 1st step in forming any profitable strategy. you'll also hear folk talk about *level stakes* - pay attention to those posts as they will bring home the importance of forming a strategy based on the odds and contention, rather than staking out to try and win back some losses.
sorry if the sound of bubbles popping is filling your virtual space, but this is a bad idea and one that will generate a lot of discussion to demonstrate such.
Luckily, there is no button that allows you to undertake the strategy that you detail above. widely known as matingale, this staking strategy will similarly lead you to the brink of busting your bank. you would be far better to get involved in looking at how to scratch trades pre-race and work ona strategy that expands from that. bank protection (as you'll hear from others that will chip in), is the 1st step in forming any profitable strategy. you'll also hear folk talk about *level stakes* - pay attention to those posts as they will bring home the importance of forming a strategy based on the odds and contention, rather than staking out to try and win back some losses.
sorry if the sound of bubbles popping is filling your virtual space, but this is a bad idea and one that will generate a lot of discussion to demonstrate such.
Hi Jim, thanks for the reply!
I can agree with the fact that Martingale is a horrible bankroll management (as the odds of an event ocurring are not influenced by a martingale player's stakes), but it would have helped me develop a few strategies with low liabilities as well. If there's no button to do it automatically, i guess i'll just have to look somewhere else.
But applying a few set of rules that would trigger in the races at the certain meeting i'm trading would have been fantastic. Nontheless, what i am trying to do is take advantage of the randomness of racing: at prices between 2.00 and 3.00 not many favs win in a row and not many favs lose in a row. This is a fact. Somewhere in between is the value i'm looking for, but if i'm not able to place a bet on a race depending on the outcome of the previous..that does burst my bubble. Thank you once again! If anyone thinks otherwise, please share your thoughts.
I can agree with the fact that Martingale is a horrible bankroll management (as the odds of an event ocurring are not influenced by a martingale player's stakes), but it would have helped me develop a few strategies with low liabilities as well. If there's no button to do it automatically, i guess i'll just have to look somewhere else.
But applying a few set of rules that would trigger in the races at the certain meeting i'm trading would have been fantastic. Nontheless, what i am trying to do is take advantage of the randomness of racing: at prices between 2.00 and 3.00 not many favs win in a row and not many favs lose in a row. This is a fact. Somewhere in between is the value i'm looking for, but if i'm not able to place a bet on a race depending on the outcome of the previous..that does burst my bubble. Thank you once again! If anyone thinks otherwise, please share your thoughts.
Jim is spot on any strategy that involves any form of loss recovery will eventually only lead to a big loss if not an entire bank wipe out.
Its possible to do almost anything with BA's automation the shared files section will give you just a brief idea of just what's possible viewforum.php?f=43
It would be very easy to add the facility of loss recovery but the reason the software does not facilitate the use these systems within its automation features is because there is not a single one that actually works so adding the options in to use them is both pointless and wreckless - otherwise it would get added tomorrow and we would all use it and losses will become a thing of the past!
Its possible to do almost anything with BA's automation the shared files section will give you just a brief idea of just what's possible viewforum.php?f=43
It would be very easy to add the facility of loss recovery but the reason the software does not facilitate the use these systems within its automation features is because there is not a single one that actually works so adding the options in to use them is both pointless and wreckless - otherwise it would get added tomorrow and we would all use it and losses will become a thing of the past!
