Two trading-related questions

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Two trading-related questions

Postby PeteB » Mon Jul 16, 2007 11:21 am

Hi,

Currently trading tour de france, and have a lot of bets in play on multiple riders.

2 things are making me nervous, relating to greening positions that have already been greened:

- Trading mode in standard interface: If I want to enter trading mode once I already have bets running, why can't I select both backs and lays for inclusion? E.g. I already have backs and lays on a selection but it's not green - shouldn't I be able to select all bets on that selection, and trade from there?

- Greening up on ladder interface
At the moment I don't dare use the green-up button on the ladder if I have bets on more than one selection, as there used to be a problem - has this now been fixed?
It used to take the profit currently showing on the selection, and divide that across all runners. But it shouldn't do this, as the profit on the selection could be coming from a lay on another selection.
What it should do is take all the backs and lays on that particular selection and work out a net position for that selection only, and then level that.
That would also fix the previous problem where if you green up twice it places weird bets - or has this been fixed too?

Pete.
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Postby GaryRussell » Mon Jul 16, 2007 1:44 pm

1) I agree, you should be able to select a mixture of backs and lays for the same selection, I will be fixing this in a future release of the Beta version.

2) The program takes the highest liability from all the selections and adds this to the profit showing for the current selection and divides by the current lay odds to calculate the lay stake. eg. lay selection B for £10 @ 7.8 = £68 liability, £10 profit shows against selection A, selection A's odds are 6.2 so lay stake = £78 / 6.2 = £12.58, after greening up selection A the profit will be as follows:-
Selection A: £55.42
Selection B: £55.42
Selection C: £22.58
Selection D: £22.58
etc.

This effectively moves some of the liability from selection B to A giving them the same liability. The program shows you what your overall position across all selections will be before you green up so if you don't like the look of the position then don't green up.
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Postby PeteB » Mon Jul 16, 2007 8:32 pm

Thanks Gary

1) great :-)

2) ok I understand now - but I don't like it I'm afraid

Let's say I am backing Rasmussen & Rogers - both are showing a profit (and I maybe have some bets on other selections too)
Rogers crashes, so with a single click I want to flatten Rogers position. I want to leave Rasmussen position as it is, as I think it will continue to improve. I don't want to have to do any maths to flatten Rogers position.
I don't know which of Rasmussen and Rogers I want to trade out of until it happens, so I can't be turning trading mode off and on with just that selections bets included, as I will miss the jump in price.

Have I missed something in the standard interface that would let me flatten a single runner with a single click? I don't know it that well.
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