DOBing @ 50% & Back 2 Lay @ 20% Guardian Automation Bot

Post Reply
User avatar
Dallas
Posts: 22671
Joined: Sun Aug 09, 2015 10:57 pm
Location: Working From Home

Dadders wrote:
Sun Jun 25, 2017 7:53 pm
So, if I set an 'offset with greening' at 33% this will give me a Double DOB. Stake of £10 return of £20?

I read the tick offset link posted but I would like automation to work in % of.

I take it if I set a Lay exit at 50% and use an 'offset bet' this removes all the liability.

Would I also be able to set an extra Lay exit at 25% for double my original stake?

Thanks in advance.

Matt
No, at 33% the lay stake wont be double, it only works out to be double if greening up at 50% below.

If you use the 'offset bet' option that will take all liability away if matched, if you then want to try and green up at lower odds (increasing your profit while never being in danger of losing anything) you would need to add a new lay bet with some conditions to prevent it from triggering until after your offset lay is matched ie;
number of unmatched bets is equal 0
green all profit condition is greater than £X
Dadders
Posts: 57
Joined: Mon Oct 03, 2016 1:36 pm

Thanks, as ever, for the advice.

So I have another question in regard to taking out liability.

So I just crunched some numbers on a strat I was trying out.
I know it is a small sample but it was on 106 races over the last week.
DOBs yielded a strike rate of 56% (a strike rate of 51.28% is needed to break even).
Double Dobs (Laying Back odds at 1/3 for double the stake) yielded a 31% strike rate (a strike rate of 34.48% is needed to break even).

My question is if I remove a % of the liability I presume I am reducing the strike rate I need to make a +ev but I am reducing any potential profit. So am I just chasing my tail thinking about removing liability?

Thanks in advance.

Matt
User avatar
Dallas
Posts: 22671
Joined: Sun Aug 09, 2015 10:57 pm
Location: Working From Home

The only way to find these things out for sure is through testing over a large enough sample size
ibrady101
Posts: 3
Joined: Thu Jul 20, 2017 9:00 am

Hi Dallas,

Would appreciate your assistance on the settings for your DOBing bot. Can the rule be modified to specify the lay stake relative to the back stake? For example, lay stake = 1.4 times the back stake? Many Thanks.
User avatar
Dallas
Posts: 22671
Joined: Sun Aug 09, 2015 10:57 pm
Location: Working From Home

ibrady101 wrote:
Thu Jul 20, 2017 9:33 am
Hi Dallas,

Would appreciate your assistance on the settings for your DOBing bot. Can the rule be modified to specify the lay stake relative to the back stake? For example, lay stake = 1.4 times the back stake? Many Thanks.
You would have to create a separate lay bet rule and have it place at 50% (or any % of the BSP) then you could set any stake you wanted
ibrady101
Posts: 3
Joined: Thu Jul 20, 2017 9:00 am

Thank you Dallas!!
michaelf1234
Posts: 1
Joined: Sat May 06, 2017 10:29 am

New to Bet Angel I've had success using dobbing on the Betfair Interface and find the bots really helpful is it possible to put a stop loss into the bot or do you have to do it manually.
User avatar
Dallas
Posts: 22671
Joined: Sun Aug 09, 2015 10:57 pm
Location: Working From Home

michaelf1234 wrote:
Fri Aug 18, 2017 6:26 pm
New to Bet Angel I've had success using dobbing on the Betfair Interface and find the bots really helpful is it possible to put a stop loss into the bot or do you have to do it manually.
Yes you can add one, rather than an actual stop loss i would add a 'close trade on selection' rule as this can be made to trigger multiple times and you can set your loss amount (just remember though no stop rule is ever guaranteed to get you out in-running).
http://www.betangel.com/forum/viewtopic ... 47&t=11488
willgig
Posts: 2
Joined: Thu Jan 12, 2017 8:05 am

Hi,

I'm trying to create a rule similar to this, to back/lay bets in running, when odds are at a certain % of BSP. Is their a % option or are you doing something clever with tick offset to achieve it?

Also i'm trying to replicate in Betdaq and not sure if that's even possible?

Many thanks
Will
User avatar
Dallas
Posts: 22671
Joined: Sun Aug 09, 2015 10:57 pm
Location: Working From Home

willgig wrote:
Wed Oct 18, 2017 8:10 am
Hi,

I'm trying to create a rule similar to this, to back/lay bets in running, when odds are at a certain % of BSP. Is their a % option or are you doing something clever with tick offset to achieve it?

Also i'm trying to replicate in Betdaq and not sure if that's even possible?

Many thanks
Will
The percentage options are not available in the Betdaq version to create this rule in the same way, however their is a older version of it that uses monetary value rather than % to offset and that could be copied and used in the Betdaq version
viewtopic.php?f=52&t=11314
willgig
Posts: 2
Joined: Thu Jan 12, 2017 8:05 am

Dallas wrote:
Wed Oct 18, 2017 11:16 am
willgig wrote:
Wed Oct 18, 2017 8:10 am
Hi,

I'm trying to create a rule similar to this, to back/lay bets in running, when odds are at a certain % of BSP. Is their a % option or are you doing something clever with tick offset to achieve it?

Also i'm trying to replicate in Betdaq and not sure if that's even possible?

Many thanks
Will
The percentage options are not available in the Betdaq version to create this rule in the same way, however their is a older version of it that uses monetary value rather than % to offset and that could be copied and used in the Betdaq version
viewtopic.php?f=52&t=11314
Ah OK. So i'd need to open it in betfair first, then manually copy it into betdaq.

Great stuff
tuncay87
Posts: 3
Joined: Thu Oct 26, 2017 11:11 am

Hi, I'm new to BetAngel and the very first thing I decided to use is the automation. I downloaded this file and began to use it but for some reason sometimes the unmatched lay bets do not modify to keep and I really don't know how to resolve this issue. The strange thing is, it doesn't always happen but when it does it creates problems for me. Any help would be greatly appreciated!
User avatar
Dallas
Posts: 22671
Joined: Sun Aug 09, 2015 10:57 pm
Location: Working From Home

tuncay87 wrote:
Sat Nov 11, 2017 12:08 pm
Hi, I'm new to BetAngel and the very first thing I decided to use is the automation. I downloaded this file and began to use it but for some reason sometimes the unmatched lay bets do not modify to keep and I really don't know how to resolve this issue. The strange thing is, it doesn't always happen but when it does it creates problems for me. Any help would be greatly appreciated!
Ensure you have guardian refreshing the markets quickly enough, see this thread for full details
viewtopic.php?f=37&t=11491
tuncay87
Posts: 3
Joined: Thu Oct 26, 2017 11:11 am

Thanks for your reply. I will change the refresh settings but this has also happened with just one market in the guardian
tuncay87
Posts: 3
Joined: Thu Oct 26, 2017 11:11 am

I have noticed that the only time that the lay bets don't get modified from cancel to keep is when the back bet doesn't get fully matched. This usually happens when I back higher priced horses due to less money being on them. What happens is the back bet if not fully matched gets modified from cancel to keep, then the lay bet is placed but stays as cancel when market goes in-play. Perhaps I should stick to lower priced horses when I am not by the desk? Would be really happy if someone could give an opinion or help me out here...
Post Reply

Return to “Bet Angel Automation - Horse racing - In-running”