Coding for 'Chasing' loses.

[thunderfoot]

I currently use 5 different scenarios to fire-in bets using EXCEL Formula, and none of these rely on knowing the result of the last race

However, been looking at setting-up a 'Chasing loses' scenario, the stakes being based on "I want to win 'x' pounds + losing stakes".

For example if in Race 1 my selection is at odds of 5.00 and I want to win £4.00 then the stake will be £1 (ignoring BF Commission charges). If that selection wins then I start again on the next race. If it loses, then on the next race, if the odds are the same, the stake will be £1.25 to (hopefully) win my £4.00 plus the £1 stake from the previous race.

Has anyone got some coding I can 'jiggery-pokery' about with to get this betting scenario to work. Thinking along the lines of using the BF Bank display, but with 5 other scenarios running at the same time could expect some bets being missed or placed when they shouldn't have been!!

[dukecrocus]

I wrote an Excel SS to do just what you said. It calculates your position using the "logged results" sheet. The problem is that the "results" come in even later than the updated bank balance. I think perhaps they wait for "correct weight" before sending official results.

Another way is to tell your SS how much you have started with and have it constantly compare the actual balance with that. It's still delayed, and I find that when races are 10 mins apart it runs one result behind. (which is sometimes fortunate and sometimes frustrating.)

I have looked at the suggestion of another member who mentioned that instant results can be seen by looking at the "zero' ed odds for the "inplay" winner. Because "Lady Luck" plays some part in my betting strategy I am currently sticking with the Bank Balance method mentioned above.
DC

[Shaun]

he bank balance is the best option but if there are a lot of races or a delay you would run in to problems.

Have you tested your idea with level stakes first, if it can't win at level stakes then loss chasing will fail aswell, don't forget the basic rule.