Help Please

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alanthespurs
Posts: 13
Joined: Wed Jun 08, 2011 11:40 am

Can someone please tell me is there a way I can say back a selection with say £30 @ 4.0 and then put a lay in with say £55 at 8.0 in case it's going backwards in play.

can i automatically set this /
can someone please advise

Thanks

Alan
Alpha322
Posts: 931
Joined: Fri Oct 30, 2009 4:45 pm

alanthespurs wrote:Can someone please tell me is there a way I can say back a selection with say £30 @ 4.0 and then put a lay in with say £55 at 8.0 in case it's going backwards in play.

can i automatically set this /
can someone please advise

Thanks

Alan
Hi Allan the answer is no your order would be closed at the current Lay Price i do believe, which would set you with a fair loss, if a trade or runs back you need to cut it with a stop loss, where at that distance i feel you must be going into play a stop loss would Jump the 8.0 lay price because of the Volatility. If your in play you have to back at a percentage stake to your bank and accept if the horse doesnt run up to scratch so you lay it off at a lower price, then your stake is as good as gone, the same as in conventional gambaling

Good luck
chrisw
Posts: 22
Joined: Thu Apr 23, 2009 5:32 am

You could set it up in excel or automation or just use the calculator. But remember a horse starting at 4 could easily drift to 8 while in play,and for no good reason.

Chris.
alanthespurs
Posts: 13
Joined: Wed Jun 08, 2011 11:40 am

Thanks Men

Question answered, i didn't think I could but I appreciate your time and experience

Thanks

Alan
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