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by **tom24** » Tue Jun 28, 2011 4:56 pm

Hi, using BA recently, and having to have my bets on auto as at work, I was doing ok, but yesterday, two stop loss bets were not matched and lays won.

iI am using just the stop loss feature and putting the stop loss figure at 20% below the lay figure.
I understand how this can happen as it is outside BA's jurisdiction, but I would like some help in possibly reducing the risk (adding tick features etc, opening new page with seperate bet ). Can anone help thanks?.

by **GaryRussell** » Tue Jun 28, 2011 5:04 pm

Do you use it with level loss enabled? If you do then you can upgrade to the Beta version. It has a chase facility which means when the stop loss is not matched after a specified number of seconds it will cancel it and replace it at the current best odds. It will repeat this until it's matched. It only works in conjunction with level loss though.

by **tom24** » Tue Jun 28, 2011 5:16 pm

Yes Gary I do use Level Loss. I was using sliding, but was getting matched at higher prices to back than what I wanted.

How do I upgrade to the Beta version?

by **GaryRussell** » Tue Jun 28, 2011 5:30 pm

See http://gruss-software.co.uk/forum/viewtopic.php?t=6281 for download link. You will first need to uninstall the current version using Windows control panel.

In addition to the other stop loss settings you need to tick "Chase if unmatched". "Chase delay" is the number of seconds it waits before cancelling and replacing. The default is 1 second.

by **brumbie** » Wed Jul 27, 2011 10:24 am

Is there a trigger in excel that chases the stop loss?

by **GaryRussell** » Wed Jul 27, 2011 10:53 am

brumbie wrote:Is there a trigger in excel that chases the stop loss?

eg. BACK-T1-SL5-L-SLC1 (back bet with 1 tick offset, 5 tick level stop loss and stop loss chase with 1 second delay)

by **brumbie** » Wed Jul 27, 2011 11:04 am

Thanks gary...I tried to lay on the grid interface with a stop loss of 75% and a tick offset at 50% but neither went off although the odds rose sufficiently and then,being my first attempt,the horse naturally won :cry:

by **MarkRussell** » Wed Jul 27, 2011 11:09 am

Hi,

As soon as your lay bet was matched the offset back bet would have been submitted.
Did you see the unmatched back bet?
Did you set the Tick Offset before submitting the lay bet?

Regards,
Mark

by **brumbie** » Wed Jul 27, 2011 11:20 am

Hi Mark,
the first time i tried a back bet went in @1000 i think but nothing happened after that.Yes i spent around 10 mins double checking everything was ticked ie:keep in play,the stop loss and tick offset ticks at the top of the page,i ticked % for offset and stop loss.In the stop loss i ticked level oss and chase if unmatched,and in the tick offset i also ticked level profit.The stakes i was using were above the minimum so no probs there?

by **GaryRussell** » Wed Jul 27, 2011 11:27 am

brumbie wrote:Thanks gary...I tried to lay on the grid interface with a stop loss of 75% and a tick offset at 50% but neither went off although the odds rose sufficiently and then,being my first attempt,the horse naturally won

These features definitely work so you possibly did something that would prevent this.

Did you input the settings before you placed your lay bet? You cannot apply these settings to a bet that has already been placed.

Did you change markets after placing the bet? You must stay on the market otherwise it will cancel the tick offset and stop loss. Even if you changed markets and came back it will have cancelled them.

by **brumbie** » Wed Jul 27, 2011 11:36 am

No,when i looked at the diagnostics it said something like "bet placement timed out".I also layed at 8.00 plus so no worries with the 75% stop loss as i guess that would of been around 2's.
I will try again tonight(aussie time) on excel.The trouble you can't use minimum stakes without losing valuable secs.
Gary in that example you gave earlier:BACK-T1-SL5-L-SLC1
what does the -L- stand for?

by **brumbie** » Wed Jul 27, 2011 11:39 am

sorry i've got it level stop loss instead of sliding

by **GaryRussell** » Wed Jul 27, 2011 11:50 am

brumbie wrote:No,when i looked at the diagnostics it said something like "bet placement timed out".I also layed at 8.00 plus so no worries with the 75% stop loss as i guess that would of been around 2's.
I will try again tonight(aussie time) on excel.The trouble you can't use minimum stakes without losing valuable secs.
Gary in that example you gave earlier:BACK-T1-SL5-L-SLC1
what does the -L- stand for?

-L stands for level loss which it is applying to the 5 tick stop loss specified by -SL5

If it's got timed out in the log then that will be the problem. If the lay bet times out it cannot know what the bet reference is so cannot apply the tick offset and stop loss. You really shouldn't be having bets time out though. It suggests your connection to Betfair is very poor. Bets timing out due to actual API issues when the API is working properly is very rare indeed so it is more than likely your connection.

by **brumbie** » Wed Jul 27, 2011 11:59 am

Thanks Gary,its reassuring to know that that is the likely cause as i thought i might be getting a bit thick.Basically,if there is no stop loss line on the ladder i can assume something is wrong.Needless to say i will upgrade my connection asap..thanks guys.

by **GaryRussell** » Wed Jul 27, 2011 12:02 pm

Yes, if the red indicator is not on the ladder then it's not active.

Stop Loss issue

Stop Loss issue

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