auto rules

The sport of kings.
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adfletch
Posts: 11
Joined: Sat Apr 18, 2009 7:38 am

Hope someone can help. I set up a rule basically back bet with offset and stop, keep in running. 83 bets later a marginal profit but no losses over the £2 stake, then suddenly the stop kicks in and the horse goes on to win and I lose £16. What am I missing here, it all seemed to be going OK but how can this scenario be avoided. Thanks in advance.
rubysglory
Posts: 309
Joined: Thu Nov 04, 2010 7:02 am

The problem here is use of the combination of both Stop Loss & In Play. Firstly with In Play being so volatile the price has spiked to a point that your Stop Loss was triggered. The horse has then gone on and won. I do not use Stop Losses and there are many a differing opinions on them, but I think most would agree that stop losses in a volatile market where there are huge gaps in pricing is probably not ideal. In Play markets fit this criteria. Running your same scenario Pre Post with Take SP any unfilled bets might be less volatile whilst races > 1 mile are often not as volatile in the early stages of a race as sprint distance races might be. These are only my personal observation but may help.

rg
adfletch
Posts: 11
Joined: Sat Apr 18, 2009 7:38 am

thank you for taking the trouble to reply, I will follow your advice.
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