Stop loss SLn

[danjuma]

Gary,

If say I used a stop loss of SL1 in my trigger, and my trgger fires a back bet of 5.0 with a 1 tick offset lay bet of 4.9. At what lay odds would my stop loss be triggered and what odds will the lay bet be placed?

Thanks
Dan

[GaryRussell]

The stop loss bet will be placed if the best back odds go up to 5.1 or higher. The stop loss bet will be placed one tick higher than the best back odds so it will be placed at 5.2. If the odds jumped straight past 5.1, say to 5.5 then the stop loss will be placed at 5.6 and so on. If the odds jumped straight up to 10 the stop loss will not fire as there is an upper limit of double the odds which would be 9.00.

[danjuma]

Many thanks for that Gary. That's made it clearer.