How does stop loss work

[billstickers]

Do you think you could explain how all the various parameters of stop loss work please?

I have been using stop loss, this is my trigger "BACK-PL2-SL75P-L-SLC1-IPC", What I was expecting was that if stop loss was fired it would put a Lay bet on with the same stake as the back bet, so as to avois any loss, however that is not happening, the Lay bet is considerably smaller than the back bet, meaning that I still get a loss.

[MarkRussell]

Hi,

Your example trigger includes -L which means Level Loss, i.e. if the Stop Loss is fired then Betting Assistant will calculate the required stake so as to give an equal loss across all selections.

Please note that the Level Loss part is mandatory if you want to use the Chase option as you have done.

If you didn't use the Chase option then based on your example you could use BACK-PL2-SL75P-IPC
Then if the Stop Loss fires it will use the same stake as your back bet.

Regards,
Mark