Check out this link from the user guide
http://www.gruss-software.co.uk/Betting ... ifiers.htmYou need to try experimenting with the various stop-loss options with small stakes to get an understanding.
Below is my example from the race at Sligo today which hopefully is of some help:
I populated the Trigger column Q5:Q44 with the formula so that it would place the bet before the OFF (amend the formula to "In Play" for betting after the OFF)
=IF(AND($E$2="Not In Play",$F$2=""),IF(AND(H5>4,H5<7),"LAY-SL3-SL-SLC30","No Bet"))
and the Odds column R5:R44 with the back odds from column F5 to F44 in the hope that I might get the lay matched at the lower odds
and the Staking column S5:S44 for a £1
I layed all runners whose odds were greater than 4 and less than 7.
There was only the one at 6.2 for a liability of £5.20 and I lost £0.07 as the stop-loss kicked in.