Stop loss fill %.

Please post any questions regarding the program here.

Moderator: 2020vision

Stop loss fill %.

Postby loper1 » Wed Jun 08, 2011 6:27 pm

I had assumed that the fill % represented the amount of the original back/lay required for the trade (reverse) bet.

For instance, you back 200 as a stake, but only require to lay 50 quid of it back, you would enter 25% in the fill % box.

Whatever % I enter it seems always to fill 100% (ie in the case above it would lay 200 quid, the same amount as the original back bet when I only want it to lay 50 quid).

Have I misunderstood the purpose of the fill % box?
loper1
 
Posts: 20
Joined: Wed Jun 08, 2011 5:48 pm

Postby GaryRussell » Wed Jun 08, 2011 6:35 pm

Yes you have misunderstood. It does not apply to stop loss at all, it only applies to tick offset.

For example fill % = 50. You bet £100 and £50 is matched. It will cancel the remaining £50 and place £50 offset. However if £100 is matched immediately then it will place £100 offset. It actually means "at least fill %"
User avatar
GaryRussell
Site Admin
 
Posts: 9872
Joined: Fri Nov 18, 2005 8:09 pm
Location: Birmingham, UK

Postby loper1 » Wed Jun 08, 2011 7:27 pm

[quote="GaryRussell"]Yes you have misunderstood. It does not apply to stop loss at all, it only applies to tick offset.

Sorry, Gary.

I've been at my computer too long today!

The title of the thread is wrong! Ignore the reference to Stop Loss.

It should have read TICK OFFSET FILL %.

What I want to do is either back or lay a horse and then trade back only a % of the original bet matched.

For instance, I put a figure of 50% in the Tick offset box and tick the Ticks =% box, I need only to get 50% of my original stake matched to cover my liability as I'm getting a 50% better price on the matching bet.

How can I automate this strategy, if at all?
loper1
 
Posts: 20
Joined: Wed Jun 08, 2011 5:48 pm

Postby GaryRussell » Thu Jun 09, 2011 7:06 am

There isn't a specific trigger to do what you want. You will need to use the simple BACK and LAY triggers.

eg.
1. Fire BACK trigger.
2. Monitor column W for bet being matched.
3. Fire CLEAR trigger to clear column T which will allow another bet to fire.
4. Fire LAY trigger.
User avatar
GaryRussell
Site Admin
 
Posts: 9872
Joined: Fri Nov 18, 2005 8:09 pm
Location: Birmingham, UK

Postby loper1 » Thu Jun 09, 2011 9:36 am

GaryRussell wrote:
1. Fire BACK trigger.
2. Monitor column W for bet being matched.
3. Fire CLEAR trigger to clear column T which will allow another bet to fire.
4. Fire LAY trigger.



Sorry Gary, I'm a new boy with your excellent software. The W & T columns mean nothing to me. :oops:
loper1
 
Posts: 20
Joined: Wed Jun 08, 2011 5:48 pm

Postby MarkRussell » Thu Jun 09, 2011 10:01 am

Hi,

Column W is where Betting Assistant will output the matched stake of your triggered bet.
And column T displays the Bet Reference.

So Gary is saying monitor column W for when the matched stake is not zero and then use the CLEAR trigger to clear the bet ref so that the next bet can be triggered.

Regards,
MArk
User avatar
MarkRussell
Site Admin
 
Posts: 1793
Joined: Tue Feb 20, 2007 6:38 pm
Location: Birmingham


Return to Help

Who is online

Users browsing this forum: Bing [Bot], Google [Bot] and 43 guests

Sports betting software from Gruss Software


The strength of Gruss Software is that it’s been designed by one of you, a frustrated sports punter, and then developed by listening to dozens of like-minded enthusiasts.

Gruss is owned and run by brothers Gary and Mark Russell. Gary discovered Betfair in 2004 and soon realised that using bespoke software to place bets was much more efficient than merely placing them through the website.

Gary built his own software and then enhanced its features after trialling it through other Betfair users and reacting to their improvement ideas, something that still happens today.

He started making a small monthly charge so he could work on it full-time and then recruited Mark to help develop the products and Gruss Software was born.

We think it’s the best of its kind and so do a lot of our customers. But you can never stand still in this game and we’ll continue to improve the software if any more great ideas emerge.