Bet Angel - Automation : BTL by % of stake

Advanced automation available in Guardian - Chat with others and share files here.
captainbang
Posts: 12
Joined: Tue May 01, 2018 1:33 pm

Wed May 16, 2018 6:51 pm

MemphisFlash wrote:
Wed May 16, 2018 1:23 pm
your looking for 50% per race. HAHAHAHAHAHA!!!!!!!! :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:
I'm new here and have been using this forum to learn all about bet angel and for me to see a comment like this I think is disrespectful and certainly would make me question in the future posting a question up for fear of been ridiculed!

Memphis - Just because you "THINK" you know it all maybe you should keep your stupid comments to yourself in future.

By the looks of it the original poster isn't long a member either and hope this person continues to post in the future.

I would hope the administrator of this forum will delete that post.

User avatar
jimibt
Posts: 1447
Joined: Mon Nov 30, 2015 6:42 pm

Wed May 16, 2018 8:52 pm

captainbang wrote:
Wed May 16, 2018 6:51 pm
MemphisFlash wrote:
Wed May 16, 2018 1:23 pm
your looking for 50% per race. HAHAHAHAHAHA!!!!!!!! :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:
I'm new here and have been using this forum to learn all about bet angel and for me to see a comment like this I think is disrespectful and certainly would make me question in the future posting a question up for fear of been ridiculed!

Memphis - Just because you "THINK" you know it all maybe you should keep your stupid comments to yourself in future.

By the looks of it the original poster isn't long a member either and hope this person continues to post in the future.

I would hope the administrator of this forum will delete that post.
+1 - i've often found this poster's comments to be of a similar immature nature. don't let that discourage you as there are plenty of individuals on here that are respectful and sincere.

User avatar
LeTiss
Posts: 4364
Joined: Fri May 08, 2009 6:04 pm

Wed May 16, 2018 9:30 pm

The post by Memphis was a bit harsh.

However, whilst the opening poster is correct in saying they would make 50% laying off at 4.00, they haven't given any indication what their gameplan is if the price goes the other way. Are they just going to leave it as a £50 loser? - If the next bet is a winner, then they won't be making 50% profit, they'll be making a 50% loss, as they will still be £25 down (not including commission)

Having a strategy for when the price goes wrong, is a critical ingredient of successful trading

User avatar
BetScalper
Posts: 865
Joined: Sun Jul 02, 2017 10:47 pm

Wed May 16, 2018 9:52 pm

mjdavies4 wrote:
Wed May 16, 2018 12:05 pm
Can anybody advise if it is possible to automate a Back to lay trade by a % of your stake rather than % of the Odds.
For example I back a horse for £50 at odds of 6 and want to make 50% of my stake which is £25. I would then need to place a lay in running of £75 (£50 + £25) at odds of 4 which would give me £25 hedged.

I would want to place the back bet at best market price say 10 seconds before the off but all i need to set in the automation is my stake and the % i want to make. The software then works out how much to lay and at what odds.
Ignore 1 line unhelpful comments.

Keep researching and studying your chosen markets(s).

Where possible use your countries minimum stake until you are satisfied with your long term results. But remember not to stop there as the market (s) can change over time and your strategy may need adapting.

Best of luck.

PS. Keep posting. There are allot of helpful people on this forum as you have seen by MOST of the feedback.

User avatar
whimsies
Posts: 59
Joined: Sun Oct 02, 2016 7:37 am
Location: Adelaide

Wed May 16, 2018 10:14 pm

Ignore first comment something my 5 year old would write.

Def take a look at the dobbing bots in the shared files. But you will need some exit stratergy should things not go your way.

User avatar
ShaunWhite
Posts: 3802
Joined: Sat Sep 03, 2016 3:42 am

Wed May 16, 2018 11:04 pm

I didn't see what was wrong with the original question or the lack of a stop loss to be honest. There's plenty of people who DoB horses, 100% with no stop. It's not like he was suggesting to do that on everything, for all we know they're carefully selected.

User avatar
LeTiss
Posts: 4364
Joined: Fri May 08, 2009 6:04 pm

Wed May 16, 2018 11:10 pm

ShaunWhite wrote:
Wed May 16, 2018 11:04 pm
I didn't see what was wrong with the original question or the lack of a stop loss to be honest. There's plenty of people who DoB horses, 100% with no stop. It's not like he was suggesting to do that on everything, for all we know they're carefully selected.
It's because if he lets it run for a £50 loss, then he needs to be successful on the next 2 to break even. In fact, with commission, he won't even break even. There was no mention of what his plan was to deal with such situations

I've been in this game long enough Shaun to realise we can all pick up greens, but the winners are those who have a strategy for dealing with reds, and I'm not talking about chasing losers with Martingale, or other stuff like that

User avatar
ShaunWhite
Posts: 3802
Joined: Sat Sep 03, 2016 3:42 am

Thu May 17, 2018 12:38 am

Fair enough LeTiss, I get it.

mjdavies4
Posts: 13
Joined: Tue May 08, 2018 11:14 am

Thu May 17, 2018 2:37 pm

LeTiss wrote:
Wed May 16, 2018 9:30 pm
The post by Memphis was a bit harsh.

However, whilst the opening poster is correct in saying they would make 50% laying off at 4.00, they haven't given any indication what their gameplan is if the price goes the other way. Are they just going to leave it as a £50 loser? - If the next bet is a winner, then they won't be making 50% profit, they'll be making a 50% loss, as they will still be £25 down (not including commission)

Having a strategy for when the price goes wrong, is a critical ingredient of successful trading
I just ignored the comment by memphis if that's all he can add then that speaks volumes and it won't stop me from posting in the future.

My strategy does involve carefully selecting horses and I am also factoring in a stop loss just need to do further testing on the optimum point for the stop.

Post Reply

Return to “Bet Angel - Automation”

  • Information
  • Who is online

    Users browsing this forum: No registered users and 4 guests