Article

Price Improvement - In Percentage

Hi, I use Price Improvement for Horse Racing trading etc.

It is good "improvement" for placing speculative bets. Is it possible to use it with percentage scale?

I would use for In-Play trading; Football, Tennis
For example ->
If SCORE 0 - 0 Place 4 LAY bets with 5 euro Liability at 10%, 25%, 45% and 85% lowers Odds on DRAW selection...

 

Comments ( 7 )


  • Betfair Bot
    26.4.2016 13:35:14

    The source code to all bot triggers can be found here:

    https://github.com/StefanBelo/BetfairBotSDK

    Soon I will add ExecuteAtPricePercentagesBotTrigger.fs.

  • Mir.
    26.4.2016 14:22:56

    Thumbs up!

     

    At the github it is nice to see how much work has been done.
    Thanks.

  • Betfair Bot
    27.4.2016 9:32:54

    Your bot trigger is here: ExecuteAtPricePercentagesBotTrigger

    The source code shows what parameters could be used and how. If you will need bot trigger assembly built from this source code, the let me know.

  • Mir.
    27.4.2016 14:58:45

    Thank you very much for very quick reaction!
    Now I test this script.

    I set:
    PricePercentages:0|10|25|50;UseTradingBotParameters:true;IsLayBet:true

    Action bot is: Place Bet And Close Selection Bet Position with Lay bet type

    Actual Odds = 10.0
    Bot placed bets on this Odds:

    0 % - 10.00
    10% - 5.00
    25% - 2.84
    50% - 1.66

    -------------------------------
    Maybe something I do not understand properly.
    I expected:
    10 % from Odds 10.00 is 9.00
    25 % from Odds 10.00 is 7.60 (or 7.40)
    50 % from Odds 10.00 is 5.00 ...

     

    ------------------------------
    BACK BETS

    Works like Lay bets.

    0 % - 10.00
    10% - 5.00
    25% - 2.84
    50% - 1.66


    I dont know how to place back bet about 10 % above than actual best back price.

     

  • Betfair Bot
    27.4.2016 15:20:32

    Have a look on getMyPrice function, and how the price (odds) is calculated.

  • Mir.
    29.4.2016 11:01:07

    Thanks for hint, but sorry, there is some hidden meaning, which I do not understand...

  • Betfair Bot
    29.4.2016 17:28:38

    Tell me what is 50% from 2.0 odds? I do not think it is 1.0, a common sense tells me that it cannot be so as on betfair we do not have odds 1.0, or am I missing something?