Unexpected Greening-Up Returns

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firlandsfarm
Posts: 2722
Joined: Sat May 03, 2014 8:20 am

… and unwanted! :?

I am running a real life trial with a new system and have been getting some strange results from the Green All rule. The system uses the football match odds markets and places one bet when a set of conditions are met (stake £2.00). It then monitors the market for a green-up opportunity of 50p or more. The green-up is set to trigger 3 times at market odds with 10 sec's between each attempt. So here is an extract from a typical Log file …

20/09/2020 17:58:02: [G_Auto] : Automation Signal for Leverkusen: Layed = 1
20/09/2020 17:58:07: [G_Auto] : £ 2.00 Lay bet placed on Leverkusen at 2.66. Fully matched at 2.66. Ref: 211735235807
20/09/2020 18:14:58: Guardian has detected that the market is now unsuspended
20/09/2020 18:30:28: [G_Auto] : Greened up Leverkusen by Backing 1.50 at 3.55
20/09/2020 18:30:38: [G_Auto] : Greened up Leverkusen by Backing 1.48 at 3.6
20/09/2020 18:30:48: [G_Auto] : Greened up Leverkusen by Laying 0.02 at 3.55
20/09/2020 18:50:28: Guardian has detected that the market is suspended

As you can see there were no suspensions around the time of the greening-up to confuse the issue.

The resulting bets in my account were …

Leverkusen 2.66 2.00 Lay 20-Sep-20 17:58 2.00
Leverkusen 3.60 1.50 Back 20-Sep-20 18:30 -1.50
Leverkusen 3.60 1.48 Back 20-Sep-20 18:30 -1.48

I assume the third green-up bet was not matched but see it as insignificant.

Betfair is also showing 3 Cancelled bets …

Football / Wolfsburg v Leverkusen / Match Odds Leverkusen Back 211738988616 20-Sep-20 18:30 C 1000 1.50 Unmatched -
Football / Wolfsburg v Leverkusen / Match Odds Leverkusen Back 211739008754 20-Sep-20 18:30 C 1000 1.48 Unmatched -
Football / Wolfsburg v Leverkusen / Match Odds Leverkusen Lay 211739028790 20-Sep-20 18:30 C 2 2.00 2.00 Unmatched -

I have no idea why they are there!

And the third green-up bet is confirmed as having Lapsed.

The first green-up bet would have given the required 50p profit so why did the second bet fire? Could it have been that at the time BA did the second green-up calculation the first green-up bet had not been matched and so the second green-up bet was fired but because of the delay by the time the instruction to cancel the first green-up bet reached the market it had been matched? I am new to the football markets and this is the first time I have encountered such green-up activity. Is my analysis likely to be correct and if so what is the workaround? Should I fire a "cancel all unmatched" rule 5 seconds before the next green-up in anticipation?
Anbell
Posts: 2049
Joined: Fri Apr 05, 2019 2:31 am

I can help with this bit:
firlandsfarm wrote:
Tue Sep 22, 2020 5:18 am
Should I fire a "cancel all unmatched" rule 5 seconds before the next green-up in anticipation?
"Green Up Rules
Its possible to close a trade or green up from a number of places in Bet Angel, this option lets you choose weather or not you want Bet Angel to cancel any unmatched Bets when closing a trade or greening up from that location.

So for example if you trade using the ladder screen and use the 'trade profit' column on the left side of the ladders to green up your positions by ticking the 'Ladder Trade Profit column' you can instruct Bet Angel to cancel any unmatched bets on that selection each time you do so."
https://www.betangel.com/user-guide/gre ... tings.html
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firlandsfarm
Posts: 2722
Joined: Sat May 03, 2014 8:20 am

Anbell wrote:
Tue Sep 22, 2020 5:48 am
"Green Up Rules
Its possible to close a trade or green up from a number of places in Bet Angel, this option lets you choose weather or not you want Bet Angel to cancel any unmatched Bets when closing a trade or greening up from that location.

So for example if you trade using the ladder screen and use the 'trade profit' column on the left side of the ladders to green up your positions by ticking the 'Ladder Trade Profit column' you can instruct Bet Angel to cancel any unmatched bets on that selection each time you do so."
https://www.betangel.com/user-guide/gre ... tings.html
Thanks Anbell but I'm just using the green-Up rule in Automation and the Settings are that the selections unmatched bets should be cancelled when a green-up is fired.
Jukebox
Posts: 1576
Joined: Thu Sep 06, 2012 8:07 pm

If you are greening up for less than the Betfair minimum bet amount in-play you need to allow for double the in-play market delay before issuing a second or third instruction to green-up to allow for the initial bet to be amended and resubmitted.
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firlandsfarm
Posts: 2722
Joined: Sat May 03, 2014 8:20 am

Jukebox wrote:
Tue Sep 22, 2020 7:03 am
If you are greening up for less than the Betfair minimum bet amount in-play you need to allow for double the in-play market delay before issuing a second or third instruction to green-up to allow for the initial bet to be amended and resubmitted.
Ahhh, that's possibly it, thanks Jukebox I'll give that a try and set the interval between green=ups to 15 sec's :)
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Dallas
Posts: 22713
Joined: Sun Aug 09, 2015 10:57 pm
Location: Working From Home

firlandsfarm wrote:
Tue Sep 22, 2020 9:24 am
Jukebox wrote:
Tue Sep 22, 2020 7:03 am
If you are greening up for less than the Betfair minimum bet amount in-play you need to allow for double the in-play market delay before issuing a second or third instruction to green-up to allow for the initial bet to be amended and resubmitted.
Ahhh, that's possibly it, thanks Jukebox I'll give that a try and set the interval between green=ups to 15 sec's :)
The delays also differ depending on the league, so if using on some lower leagues you'll need even longer for <£2 bets
There's a guide here, some may of changed by a second or two but its still a close guide
viewtopic.php?f=6&t=11148
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firlandsfarm
Posts: 2722
Joined: Sat May 03, 2014 8:20 am

Dallas wrote:
Tue Sep 22, 2020 5:59 pm
The delays also differ depending on the league, so if using on some lower leagues you'll need even longer for <£2 bets
There's a guide here, some may of changed by a second or two but its still a close guide
viewtopic.php?f=6&t=11148
Good point Dallas, as I posted this was Wolfsburg v Leverkusen so I assumed a 5 or 6 second delay … maybe worthwhile checking Peter's post is still up to date.
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