Dutching and Bookmaking

Help improve Bet Angel.
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chens
Posts: 10
Joined: Mon Jul 10, 2017 10:17 am

really should be updated to include betfair calculations, (or at least the commission before discount) into profit calculations. without that, it really is useless if not in some cases downright dangerous.
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Dallas
Posts: 22674
Joined: Sun Aug 09, 2015 10:57 pm
Location: Working From Home

Some users have recently requested that a option to show profits after commission be added in a future build but how is it useless or dangerous as it is?
chens
Posts: 10
Joined: Mon Jul 10, 2017 10:17 am

if you're working on a very low risk, low payout dutching strategy, unless you can account for commission costs you have no idea where to put the stakes, and may even set up trades that give you a guaranteed loss.
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Dallas
Posts: 22674
Joined: Sun Aug 09, 2015 10:57 pm
Location: Working From Home

Commission is only paid on profits not from stakes used, so it's impossible to have a profit turn into a loss after deducting commission
chens
Posts: 10
Joined: Mon Jul 10, 2017 10:17 am

you're right.
chens
Posts: 10
Joined: Mon Jul 10, 2017 10:17 am

Dallas wrote:
Sun Jul 16, 2017 11:52 am
Commission is only paid on profits not from stakes used, so it's impossible to have a profit turn into a loss after deducting commission
Sorry, I'd forgotten both backs are in the same market, and hence only profits are commissioned.
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