Hi,
So lets say for instance in pre-off horse racing I make a winning trade opening lay and closing back bet, I click to green up and lets say there is £5 profit. This creates other bets within the field to even out for a profit..?
1. I dont understand the implications/maths of what I'm able to do in the same lay/backed horse, i.e. if I enter another trade on the same horse, (back or lay) how does it affect the profit/loss of the pre existing green/hedged up bets?
2.. Is it advisable / ok to do this or better to pick another runner?
3. What does manual greening up do opposed to greening the entire or if you had to two bets on this same market it just closes that runner?
4. Is it possible to 'undo' greening and are there strategies and cases where it can be beneficial?
6. I 've noticed sometimes clicked greening and it the profit/loss jumps around, assume this is the software/market trying to exit the postion...is there a correct way to know when greening has come to standstill?
Thanks
Kingz
Greening - to be clear...
1. You can enter as many times as you want. If you open & close to a profit then that just gets added on top of what you have. If it goes against you then your profit is reduced. Your profit or loss is only realized once the event has finished & settled.
2. The more profitable entries you can put through the better.
3. Manual greening you can ask for price you want to exit at. If you mean the green all command then this will use best available price
4. You can open a position again if you want to. On some of my football I just remove liability and leave a free bet, other times I'll just hedge and move on.
5. There was no question 5 you jumped to 6.
6. There might not have been enough liquidity to close at price where you clicked or the price may well just be jumping around which will happen in-play or in illiquid markets. The markets will move as & when they want as its based on human sentiment.
2. The more profitable entries you can put through the better.
3. Manual greening you can ask for price you want to exit at. If you mean the green all command then this will use best available price
4. You can open a position again if you want to. On some of my football I just remove liability and leave a free bet, other times I'll just hedge and move on.
5. There was no question 5 you jumped to 6.
6. There might not have been enough liquidity to close at price where you clicked or the price may well just be jumping around which will happen in-play or in illiquid markets. The markets will move as & when they want as its based on human sentiment.
One of the things you must do when hedging is to only hedge at the end of a sequence of trades.
You open a trade, close it, then repeat.
When your work is done, hedge.
Too many people open a trade and then hedge it, but this influences the trade outcome. So you should wait till the trading sequence is over.
You open a trade, close it, then repeat.
When your work is done, hedge.
Too many people open a trade and then hedge it, but this influences the trade outcome. So you should wait till the trading sequence is over.
...your options after having a bet matched are:
1) do nothing and the bet will either win or lose
2) close the matched bet with a stake equal to the initial one matched - this will give you either a green or a red on the selection depending on whether the market has moved in your favour or moved against you - having done this all other selections would be £0.00 and your selection would be either green or red.
3) fully green the matched bet - this will give you either a green or a red on all selections depending on whether the market has moved in your favour or moved against you - having done this all selections would be the same (or very close to being the same due to rounding - the selection you greened on might be a penny or two out).
4) do as Euler says and green (hedge) all bets after you have completed your trading session - you can either green at the best odds available or ask for greening odds to be matched which if matched is more profitable than doing so at best available odds, but the market may move away from you and then it becomes less profitable than greening at the best odds that were available.
5) if added to a future BA release, use an option that I have added to the suggestions thread which allows you to partially green or fully green at various different odds as you go.
For more on this Ladder Green Up 'Percentage' Box suggestion please see:
viewtopic.php?t=28213
1) do nothing and the bet will either win or lose
2) close the matched bet with a stake equal to the initial one matched - this will give you either a green or a red on the selection depending on whether the market has moved in your favour or moved against you - having done this all other selections would be £0.00 and your selection would be either green or red.
3) fully green the matched bet - this will give you either a green or a red on all selections depending on whether the market has moved in your favour or moved against you - having done this all selections would be the same (or very close to being the same due to rounding - the selection you greened on might be a penny or two out).
4) do as Euler says and green (hedge) all bets after you have completed your trading session - you can either green at the best odds available or ask for greening odds to be matched which if matched is more profitable than doing so at best available odds, but the market may move away from you and then it becomes less profitable than greening at the best odds that were available.
5) if added to a future BA release, use an option that I have added to the suggestions thread which allows you to partially green or fully green at various different odds as you go.
For more on this Ladder Green Up 'Percentage' Box suggestion please see:
viewtopic.php?t=28213
...that's interesting Peter - when I trade the golf majors in-play, I green (hedge) as I go along by asking for reverse odds rather than taking the current odds, but unless I'm wrong your post is suggesting you only green (hedge) at the end - is that correct or does it depend and vary upon the market you're trading?Euler wrote: ↑Tue Jun 17, 2025 5:05 pmOne of the things you must do when hedging is to only hedge at the end of a sequence of trades.
You open a trade, close it, then repeat.
When your work is done, hedge.
Too many people open a trade and then hedge it, but this influences the trade outcome. So you should wait till the trading sequence is over.