Hi,
I am trying to determine the (%WIN) Probability of the a runner winning based on the best available BACK price v Matched Bets as a %
Example 1
Matched bets= Total amount traded on runner as a % of total matched market
Runner has $ 6,609 matched out of a total of $8,418 which is 79%
Back price=$1.28 which = 78.1% probability of winning
What i now want to do is use these 2 % as part of my rule.
Where in BA can i get Matched bets as a % to relate to %win?
I would like to be able to bet when MB is higher than %win by a certain %
Any help will be great
Thanks
Probability of runner winning as %
You'd create a 'Set/Modify Stored Value' rule applied to every selection rearming after every refresh
Then on the Stored values tab store the following values;
Volume% of a selection (plus whatever percentage you want to add)
back book% of a selection
Then on your back/lay rule use a Stored Value condition to test if volume% SV is greater than the back book% SV
Then on the Stored values tab store the following values;
Volume% of a selection (plus whatever percentage you want to add)
back book% of a selection
Then on your back/lay rule use a Stored Value condition to test if volume% SV is greater than the back book% SV