Hello,
RE: Guardian Automation/ Back Lay - Over- round
I was wondering if someone could please offer some guidance regarding setting up some automation rules to achieve a back and lay with the lay bet over-rounded so that if the selection wins the return is "0.00" but the win is maximised if the selection loses.
For example;
Place a back bet on any selection at 6.00 if the the last traded price was less than "x"
If matched:
Place "over-rounded" lay bet at 3.00
e.g. assuming £10.00 back
£10.00 placed at 6.00 (fully matched)
The required lay bet would be £25.00 to be placed at 3.00
(if selection wins; 5.00 x £10.00 = £50.00 less lay liability of £50.00 (2 x £25.00) overall position on trade = £0.00
If selection loses; lay return £25.00 less back bet of £10.00 (loss); net position +£15.00
I could achieve this using excel but was wondering if this could be achieved using guardian perhaps with the stored values feature? I am sure there must be logical way to do this.
I appreciate any help
Best regards to all and thank you in advance for taking the time to look at my query.
Guardian Automation / Back & Lay - Over- round
Advanced automation available in Guardian - Chat with others and share files here.
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