Back after Lay

[Royville]

Hi all,

Apologies if this seems a dumb question or has been asked before, - I have searched but to no avail.

Could someone advise me please on how modify a sheet which just lays my selections, so that if the selection drops below certain odds when inplay it places a back bet.

Many thanks
Royville

[Royville]

Anyone ? ? ?

[MarkRussell]

Hi,

You could use the Tick Offset trigger modifier.

So instead of just using LAY as the trigger, you could use LAY-Tn where n represents the number of ticks difference from the lay bet's matched odds to where you want the back bet to be matched.

There are also options for setting the Tick Offset using fixed odds for the back bet or as a percentage of the matched lay odds and also for greening up so that if your Tick Offset back bet gets matched you get the same profit whichever selection goes on to win.

Regards,
Mark

[Royville]

Hi Mark, - Thank you so much for your help.

I've only ever used BACK or LAY before so this is very new to me.

Im going to try the fixed odds modifier e.g. LAY-SLFn instead of LAY. Do I need to set any options in BA itself or will it be done automaticaly from the spreadsheet?

Again, Many Thanks to you.
Royville

[MarkRussell]

Hi,

Nothing to set in BA, Excel triggers are all self contained.

Regards,
Mark

[Royville]

Hi Mark,

Can't seem to get it working I'm afraid.
I think I remember reading that the bet reference needs to be cleared before another bet can be placed. If this is the case what would be the best way to achieve this?

Am I right in saying that the bet ref prevents other bets being placed so this would need to be removed just before the 'Stop Loss' part of the bet is placed?

Regards
Royville.

[dflowe]

HI Chap, not correct.
if you use the excel triger"LAY-SLT5" for example if the bet LAY is taken and full matched then the STop loss will be fired in if the odds rise above 5 ticks.....now where you may run into trouble eg the stop loss not being placed is if it were the other way around and the stop loss was a lay because if it is a long way from the primary bet then betfair sometimes dont let it go in because of the cost implications to you.....but you must use captals for the trigger command and no speach marks and no spaces

[dflowe]

just to clarify, if you are using a triggerd bet with modifyers then you are not correct...you do not have to issue a CLEAR command.......if you are trying to place the bet via the spread sheet from another functional equasion they yes you have to issue the CLEAR command first....

[dflowe]

post up your trigger and lets have a look what you have, just in case there is a typo...

[Royville]

Hi Dave, Thanks for your replies.

To bring you up to date:
It seemed that no matter what I tried I could not get anything working. Gary has since looked into it and found a bug in BA Betdaq which he has now rectified with an update. I tried the updated version today with 'LAY-SLF1.7-S-IP', and a bet was fired this time but cancelled almost immediately afterwards, the selection won and I lost. I don't know why I used that particular trigger, it just seemed a good idea at the time. Basically I just don't know enough about all these triggers or what they do.

The bottom line is that I just want to place a lay bet on a selection between about 4 - 8 (either before or after the off) and if the odds drop below around 2 then place some kind of bet to 'get me out of the situation so I lose nothing or win nothing.

I thought a stop loss bet would be the thing to use but I see most stoploss bets are used with tick offset bets. Unfortunately I have no idea about tick offsets, or what they do.

Any thoughts, comments or advice would be greatly appreciated mate.
Regards
Roy.

[dflowe]

Hi I have sent you a private message
and the spread sheet is under test today so with luck I can email it to you later today. please read your messages and drop me a line so I know you have it
thanks

Dave