Volume

[Mofasa]

Hi, I'm new here. I'm trying to understand how to use betting volume. For example, if a runner has 'x' amount of volume, how would I use that information to store and place a bet? Thanks. Edit.
I like add volume like this if runner has volume between X and Y then place bet i know how to use odds condition. but cant sort volume out. thanks

[Simone]

Volume's basically the amount matched, so it gives you an idea of how lively the market is. People often use it as a filter: if there's hardly any money matched on a runner, you might avoid it because you could get stuck. In automation you can read that figure and set a condition to only place a bet when the volume's above a certain level. It won't tell you which way the price's heading though – that's more down to weight of money and momentum. Best thing is to watch a few markets and see how volume builds, and have a play in practice mode so you get comfortable.

[Mofasa]

Volume's basically the amount matched, so it gives you an idea of how lively the market is. People often use it as a filter: if there's hardly any money matched on a runner, you might avoid it because you could get stuck. In automation you can read that figure and set a condition to only place a bet when the volume's above a certain level. It won't tell you which way the price's heading though – that's more down to weight of money and momentum. Best thing is to watch a few markets and see how volume builds, and have a play in practice mode so you get comfortable.

thanks but I'm not asking which price going to move. i want to know to how to store that let say runner 1 has 25% OF MARKET i want use that with my other condition which i back tested. so i like to know how to store volume of the runner vs whole market. thanks

[Simone]

You can work out a runner’s share of the money by comparing its matched volume with the total matched on the market. In Guardian you can use a ‘Set/Modify stored value’ action to grab the matched volume on your selection and another one for the whole market, then divide one by the other to get the percentage. You can use that stored ratio in a condition so your main rule only fires when the runner has at least, say, 25 % of the market. It takes a bit of fiddling but once you’ve set it up it works nicely.

This should help - viewtopic.php?t=25996

[Mofasa]

You can work out a runner’s share of the money by comparing its matched volume with the total matched on the market. In Guardian you can use a ‘Set/Modify stored value’ action to grab the matched volume on your selection and another one for the whole market, then divide one by the other to get the percentage. You can use that stored ratio in a condition so your main rule only fires when the runner has at least, say, 25 % of the market. It takes a bit of fiddling but once you’ve set it up it works nicely.

This should help - viewtopic.php?t=25996

thanks mate its sorted.

[Anbell]

You can work out a runner’s share of the money by comparing its matched volume with the total matched on the market. In Guardian you can use a ‘Set/Modify stored value’ action to grab the matched volume on your selection and another one for the whole market, then divide one by the other to get the percentage. You can use that stored ratio in a condition so your main rule only fires when the runner has at least, say, 25 % of the market. It takes a bit of fiddling but once you’ve set it up it works nicely.

This should help - viewtopic.php?t=25996

Simone is either our best ever newbie human or our best ever newbie bot. I'm impressed either way.