Hi,
In a greyhounds market, I want to place a Back bet, and when it is entirely matched, to automatically trigger a Lay bet at SP.
In this case I would generate a free bet. But ideally, I would wish to hedge this.
I assume you can't? Given that the market will not go in play?
Many thanks!
Taking SP and Greening on Greyhounds
you can use near official start time LTP as a good (but not perfect) approximation of SP and then calc hedge bet size to hedge.jucatorul wrote: ↑Sat Apr 13, 2024 1:04 amHi,
In a greyhounds market, I want to place a Back bet, and when it is entirely matched, to automatically trigger a Lay bet at SP.
In this case I would generate a free bet. But ideally, I would wish to hedge this.
I assume you can't? Given that the market will not go in play?
Many thanks!
Theoretically!napshnap wrote: ↑Sat Apr 13, 2024 8:34 amyou can use near official start time LTP as a good (but not perfect) approximation of SP and then calc hedge bet size to hedge.jucatorul wrote: ↑Sat Apr 13, 2024 1:04 amHi,
In a greyhounds market, I want to place a Back bet, and when it is entirely matched, to automatically trigger a Lay bet at SP.
In this case I would generate a free bet. But ideally, I would wish to hedge this.
I assume you can't? Given that the market will not go in play?
Many thanks!
Sounds smart, thanks! I will try to hedge this way, or even considering the projected SP.napshnap wrote: ↑Sat Apr 13, 2024 8:34 amyou can use near official start time LTP as a good (but not perfect) approximation of SP and then calc hedge bet size to hedge.jucatorul wrote: ↑Sat Apr 13, 2024 1:04 amHi,
In a greyhounds market, I want to place a Back bet, and when it is entirely matched, to automatically trigger a Lay bet at SP.
In this case I would generate a free bet. But ideally, I would wish to hedge this.
I assume you can't? Given that the market will not go in play?
Many thanks!
by my experience ltp is a few % closer to sp than projectedSP (nearSP).jucatorul wrote: ↑Sat Apr 13, 2024 1:47 pmSounds smart, thanks! I will try to hedge this way, or even considering the projected SP.napshnap wrote: ↑Sat Apr 13, 2024 8:34 amyou can use near official start time LTP as a good (but not perfect) approximation of SP and then calc hedge bet size to hedge.jucatorul wrote: ↑Sat Apr 13, 2024 1:04 amHi,
In a greyhounds market, I want to place a Back bet, and when it is entirely matched, to automatically trigger a Lay bet at SP.
In this case I would generate a free bet. But ideally, I would wish to hedge this.
I assume you can't? Given that the market will not go in play?
Many thanks!