Tick offset stop losses etc.

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Tick offset stop losses etc.

Postby Bassdrinker » Thu Feb 12, 2026 6:37 pm

Just a couple of questions about the above really. I think I'm right about this but would appreciate the groups advice.

If I place a back bet at 3.5 with a tick offset of 5 then this will trigger a corresponding lay bet at 3.25.

If I place a 2 tick stop loss then this will prepare a lay bet at 3.6 to be triggered in the event of the lay price rising to this value. This will cancel the above offset.

If the stop loss is changed to a floating stop loss then should the lay price drop to 3.25 the stop loss would then become 3.45 and behave as before.

A chasing stop loss will act as above but should the lay price rise above 3.6 it will be matched at the lowest odds possible even if this is at a huge price.

The last question is the main part. I have had a few (paper) losses where a back bet has triggered at 170 and the stop loss immediately chased to 290. Obviously I need to check that the lay price is within n ticks of the back price. I can easily do this with a lookup.

Can someone please clarify my thinking?

Regards Bd
Bassdrinker
 
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