Liability Condition Re Post No Success

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1856
Posts: 108
Joined: Wed Dec 16, 2009 12:42 am

Hi All,
I have reposted this as I have been stuck working and did not promptly reply to the previous advice.

So thanks for the help but I honestly just dont get it, tried to make it work but no success!


I have built a simple trigger that places a lay bet into a market @ X% below the best reverse price with a fill and kill condition in parameters, it works fine.

An example, I use this in golf to place bets ( Fill and Kill ) 300 seconds.

The problem is the liability can grow on an individual Player more than I want. When other players get laid that helps the liability on a player, but its a tricky situation.

Is there a way to manage this ( Set a Liability ) with The total liability ( for the layer ) Condition or another way?

Any help appreciated.

I have attached my Trigger.

Thanks Michael
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sionascaig
Posts: 1605
Joined: Fri Nov 20, 2015 9:38 am

Not looked at your baf but if I understand you correctly you just need to set up a rule that sets the MaxLiability for the Market (as a SV) then use this in your bet as a condition to compare against.

So something like:

Set MaxLiability (for the Market) = - 1000 (note the negative sign)

And in the bet rule:

A condition with Liability (P&L) for the selection > MaxLiability (note the greater than sign as MaxLiability is -ve)

Once you get that working you can then make allowances for partial matches / reduction in liabilities due to other lays being matched by setting the stake = selection liability + MaxLiability & rinse & repeat till maxed out for selection...

(just watch out for the "signs" -ve v's +ve)
1856
Posts: 108
Joined: Wed Dec 16, 2009 12:42 am

Ok, I get what your saying thanks, putting into practice now.
Cheers
Michael
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