Stop loss with odds greater than double initial bet odds

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Stop loss with odds greater than double initial bet odds

Postby benjomeyer » Sat Jun 07, 2014 7:18 pm

Using the Excel integration, I would like to place back bets at 1.3 and set a level stop loss to trigger if the price goes over 3.6.

According to the manual: "If your initial bet is a back bet and therefore your Stop Loss will be a lay bet it will not be submitted if the lay odds are more than double of the original back bet, i.e. the the loss generated by the stop loss cannot be more than the potential profit from the back bet."

Does this mean that I cannot do what I am trying to do with the stop loss functionality?

If so, is there a workaround?
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Postby benjomeyer » Sat Jun 21, 2014 7:42 pm

Is this post in the wrong place? Is this a very stupid question? Just wondering why there has been no reply...
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Postby Fixador » Fri Jun 27, 2014 7:57 am

This maybe a stupid answer :) But I suspect you are confusing 2 different features:-

(1) Using BA's stop loss method ( as per the paragraph from the manual you mentioned )

(2) Generating your own trigger bets from within Excel - which in this instance would yes be effectively a 'stop loss' bet.

Perhaps others might clarify this further
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Re: Stop loss with odds greater than double initial bet odds

Postby MarkRussell » Fri Jun 27, 2014 8:20 am

benjomeyer wrote:Using the Excel integration, I would like to place back bets at 1.3 and set a level stop loss to trigger if the price goes over 3.6.

According to the manual: "If your initial bet is a back bet and therefore your Stop Loss will be a lay bet it will not be submitted if the lay odds are more than double of the original back bet, i.e. the the loss generated by the stop loss cannot be more than the potential profit from the back bet."

Does this mean that I cannot do what I am trying to do with the stop loss functionality?

If so, is there a workaround?


Hi,

If you are using the Level Loss option then the odds greater than double rule doesn't apply.

Regards,
Mark
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