LAYING THE DRAW BOT / HOW To protect from Betfair Fails ?

[gums093]

I There,

I have been very suprised last week with a big loss on a LTD trade with my bot although i was in position for banking a profit, because of the betfair system fails.

here's my bot, it’s been implemented for doing the following :

- Laying the draw before KO

– checking during the 50 – 65 min timeframe if my stop loss is reached (my stop loss is 1 point loss), if so, it will close the trade.

– From the 65min, it will check the Lay odds, if its greater than 25, stay in the trade (meaning that there is probably 2/3 goals difference between the 2 teams). If not it would trade out by closing the trade.

The score was 3-1 after the 51 minute of the game and then come the 4-1 goal at the 59th minute. During this goal the market wasn't suspended althought the market was managed, and at the previous goals the market was suspended as well. Consequently, it generated instable prices on the markets during a time and its where the bots relying on odds where lost and people sitting other there took advantage of that fail stealing easily your money. The bot detected at this time that the current price was 1.2 so detected my stop loss was reached and closed the trade.

Conclusion : I lost 3 pts from my bank instead a 1 pt profit although i had a 1 pt stop loss.

So guys , i would ask if somebody other there have some ideas for avoiding this to happen again, if i can put another layer of protection ? The problem is that we can't access to the current score and the only way is to interpret the odds. Very tricky if we can't rely on the current odds either, and the bot is unable to know where the odds should be.

[Dallas]

You could look at using the new Signal feature of V1.44 which has many different uses but in this case you would be able to set a signal if a loss exceed a value or dropped below X odds and remained there for a period of time before allowing your stop to trigger.

So in the case of your example if set a signal when the odds drop below 2.0 and need them to remain there for 60secs or more but the odds where bouncing up and down due to not being suspened then each time it traded back above 2.0 it would keep resetting the timer, but if the odds had dropped below 2.0 due to normal game play they and remaind there over 60 secs that will satify this condtion and allow your stop to trigger.

[gums093]

Thanks for the tips. Yes this new signal feature would help a lot for fixing this issue.

[mhorro]

Hi,

I hit something similar yesterday afternoon testinga new rule with small stakes lost approximately £87 was this a befiar fail see my automation log below. Could have been £870 so lucky.

Mark.

10/06/2016 14:52:00: [G_Auto] : £ 10.00 Lay bet placed on Monticello at 3.3. Entirely unmatched when it initially reached the market. Ref: 69655372142
10/06/2016 14:52:00: [G_Auto] : £ 10.00 Lay bet placed on Monticello at 3.2. Entirely unmatched when it initially reached the market. Ref: 69655372147
10/06/2016 14:52:00: [G_Auto] : £ 10.00 Back bet placed on Monticello at 3.55. Entirely unmatched when it initially reached the market. Ref: 69655372137
10/06/2016 14:52:00: [G_Auto] : £ 10.00 Lay bet placed on Monticello at 3.4. Entirely unmatched when it initially reached the market. Ref: 69655372139
10/06/2016 14:52:01: [G_Auto] : £ 10.00 Back bet placed on Monticello at 3.75. Entirely unmatched when it initially reached the market. Ref: 69655372232
10/06/2016 14:52:01: [G_Auto] : £ 10.00 Back bet placed on Monticello at 3.65. Entirely unmatched when it initially reached the market. Ref: 69655372231
10/06/2016 14:52:54: [G_Auto] : Automation Signal for market: profit-0.50pounds = 1
10/06/2016 14:52:54: [G_Auto] : Automation Signal for market: profit-0.25pounds = 1
10/06/2016 14:53:04: [G_Auto] : Automation Signal for market: loss-0.50pounds = 1
10/06/2016 14:53:56: [G_Auto] : Automation Signal for market: loss-1pounds = 1
10/06/2016 14:54:17: [G_Auto] : Automation Signal for market: loss-2pounds = 1
10/06/2016 14:54:17: [G_Auto] : Automation Signal for market: loss-1.50pounds = 1
10/06/2016 14:54:27: [G_Auto] : Automation Signal for market: loss-2.50pounds = 1
10/06/2016 14:54:51: [G_Auto] : Automation Signal for market: CLOSE_OUT_FOR_LOSS = 1
10/06/2016 14:54:51: [G_Auto] : Greened up Monticello by Laying 26.71 at 4.1
10/06/2016 14:54:51: [G_Auto] : Cancelling bets 69655372139 69655372142 69655372147
10/06/2016 14:54:51: [G_Auto] : An error occurred while cancelling bets: The entire order has been rejected.
10/06/2016 14:54:51: [G_Auto] : Greened up Monticello by Laying 26.71 at 4.1
10/06/2016 14:54:51: [G_Auto] : Cancelling bets 69655372139 69655372142 69655372147
10/06/2016 14:56:14: Guardian has detected that the market is in-play
10/06/2016 14:56:14: Guardian has detected that the market is suspended
10/06/2016 14:56:24: Guardian has detected that the market is now unsuspended
10/06/2016 14:57:47: Guardian has detected that the market is suspended

[Dallas]

How many times are you triggering your green up rule and what re-arm times are you using?

It looks like your green up has triggered then almost immedietly its re-armed and triggered again before the 1st got to the market so you have ended up greening up twice, once for a small loss of about £3 then the second ended up just being a £26.71 lay @ 4.1 (£-82.80 if the game now ends in a draw) and around -£86 total loss if you include the original few quid loss.

Becuase of the in-play delay on football bets you need to ensure any re-arm times are longer than this period (use at least 10-15 secs to ensure each green up order has chance to arrive in the market and be matched before triggering the next).

[mhorro]

Hi,

My bad! Cannot believe I made a stupid mistake yes I was greening up to early. Started getting very excited about the rule and missed the simple things.

I should know better.

Many Thanks for your help it is much appreciated.

Mark.

[Frankles]

How many times are you triggering your green up rule and what re-arm times are you using?

It looks like your green up has triggered then almost immedietly its re-armed and triggered again before the 1st got to the market so you have ended up greening up twice, once for a small loss of about £3 then the second ended up just being a £26.71 lay @ 4.1 (£-82.80 if the game now ends in a draw) and around -£86 total loss if you include the original few quid loss.

Becuase of the in-play delay on football bets you need to ensure any re-arm times are longer than this period (use at least 10-15 secs to ensure each green up order has chance to arrive in the market and be matched before triggering the next).

Bingo, that was it for me too. Was racking my brains on this but I was greening up too early. Luckily I didn't lose too much. Thanks Dallas.