Help! 2nd huge loss in as many days!

[orbitboy]

I just got hammered by the biggest winner of the day @ 50-1

I have checked out everything on exposure, and staking mode.
I have also searched the forum.

It dosn't appear that there is an exposure limit?

I do alot of in-running horses, and sometimes my back bet only gets partially matched.

I need to stick in a level stake to lay, but sometimes end up with huge exposure.

Today was sole destroying.

Is there any way of limiting the exposure?
Preferably one that could allow for big greening when showing profit on a selection. For example, I couldn't lay £100 @ 1.5 for a horse, unless I had a bet matched for a £200 profit FIRST.

any help appreciated greatly.

Thanks.

OB.

[Ilena]

Hi orbitboy,

Sorry about today's loss. Do you not have a strat that gets you out when the price goes down a certain number of points against you?

[orbitboy]

I bet on pretty much EVERY horse in running.
When theres 12+ , and things get hectic towards the end it can get scary.

I bet and green in running.

****ing mental, but its my thing geezer.

So yes I have a strategy for just about every scenario, but it's sods law that when you miss something you pay for it.

When my bank is small, I simply can't back first (or more importantly manually offset a partially matched bet) which is great. Stops me from getting into bother, but it's not ideal.

[Ilena]

Not sure if this helps from what your saying, but I use MyBets to cancel and clear the unmatched and then offset the matched portion.

[GaryRussell]

There is a maximum liability option in preferences.

Select preferences from the options menu.
In the Staking tab enter your liability in the Maximum liability box. Make sure "Per click" is NOT ticked, this means it will allow you to green up.

This option only works with bets placed manually, not Excel. I assume that you are betting manually.

[orbitboy]

Brilliant, thanks Gary!
Thanks for your time too Ilena

I just didn't think to look in staking.

[Mulkis]

There is a maximum liability option in preferences.

This option only works with bets placed manually, not Excel. I assume that you are betting manually.

Wow! I assumed it works with excel! A small note in help section would be helpful. I trade exclusively with self-made excel bot and didn't programmed exposure limit assuming BA will do it for me if something goes weird. No real problems so far, but now I need to upgrade my robot.

BTW BA is perfect in terms of excel integration. Like it anyway!

[mak]

this is from BA help menu for the GRID interface...

The default back and lay stake amounts refer to the amounts that are shown in the Market Grid interface.

The default dutch profit amount refers to the figure displayed in the Betting Options.

The maximum liability refers to the amount of liability of matched bets per market. So if you are placing a bet and the overall liability would exceed the figure that you have set then an error message will be displayed informing you that the bet cannot be placed.
If you tick the "Per click" box then the maximum liability amount only relates to per bet.
Setting a value of zero means there is no liability limit.

The Alternative back and lay stake amounts refers to the amounts that are shown in the Market Grid interface.

The Lay @ 1000 stake amount refers to the amounts that are shown in the Market Grid interface.

[orbitboy]

If you tick the "Per click" box then the maximum liability amount only relates to per bet.

Excellent!

Thanks for that Mak,

That little nugget right there gives me even greater control to what I'm doing!