by spliffcity » Thu Jan 27, 2022 6:38 pm
Hi,
A little help please.
I'm placing 3 lay bets into the market each at different odds and stake using excel trigger betting. So e.g.
Laybet 1: £2.5 @ 3.0 = £5 liability
Laybet 2: £5.82 @ 2.72 = £10 liability
Laybet 3: £16.89 @ 2.48 = £25 liability
So total liability overall if all lay bets are matched is £40
What I'm trying to achieve is that if the odds move down and my exit point is greater than 15% of my overall liability, then the stop loss activates.
So in the example above, if my exit point liability is £6
I'm struggling to understand the best way to achieve this.
In the example above, the exit odds manually would be 1.91, but I'm not clear if I set the Stop loss at these fixed odds (with chase) for all 3 bets, will the stake be correct or am I misunderstanding how the stop loss works and I need to manually program this?
Hopefully I've explained myself well enough.
Appreciate any comments or guidance.