Automation and Greening
as part of experimentation on seeing what happens (both on back and lay type bets), then yes. in theory, when the back book% is high, it means that the back prices on offer are being suppressed (in bookie circles, it's called bookie vig and is how bookies make their money). the interpretation of this will in truth depend on a few other conditions that you have in place. even then, a well executed rule doesn't always go to plan. create a variety of rules based on your current version and make small changes to each and compare how they do by runnning several versions of BA in tandem. only once you have a handle on how conditions interact, will you be able to really assert that having a conditon set at xx% will work.
Jim going to test something like this today: 4 automation
AUTOMATION BET AMOUNT F&K Secs OFF SET TICKS TICKS BETWEEN 1st & 2nd FAV BOOK % Condition
BACKFAVLAST20secs#1 2 3 16 120 105
BACKFAVLAST20secs#2 2 3 16 120 110
BACKFAVLAST20secs#3 2 3 16 130 108
BACKFAVLAST20secs#4 2 3 16 130 112
Hope it makes sense
AUTOMATION BET AMOUNT F&K Secs OFF SET TICKS TICKS BETWEEN 1st & 2nd FAV BOOK % Condition
BACKFAVLAST20secs#1 2 3 16 120 105
BACKFAVLAST20secs#2 2 3 16 120 110
BACKFAVLAST20secs#3 2 3 16 130 108
BACKFAVLAST20secs#4 2 3 16 130 112
Hope it makes sense
that's exactly how you should approach this. you can of course probably afford to do 3 of them in practice mode and one in live mode, thereby keeping betfair happy whilst you test these scenarios... (betfair can get grumpy about lots of practice sessions with no live bets)
those results highlight nicely how small changes between different properties can have substantial impact. this should allow you to branch off on the more succesful avenues and further enhance those - rinse repeat until required hit rate averaged.. (next iteration might for example focus on pushing the tick offset up a few notches etc)
- MemphisFlash
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you seem to have a very analitical approach to things. keep it up.