Can you please tell me how can a bot detect if there are no Back (or Lay) bets on a selection ? I want it to place bets only on selections with Back or Lay Bets on the market.
Thank you
Corneliu
Comments ( 48 )
Corneliu
11.7.2018 6:10:28
I'm having an hard time figuring out how to use "ScoreDifference" criteria correct parameters. i.e. Is "=1";">=2" and "<=3" etc. accepted or only "True" and "False" ? Can I use it with "MatchTime=" or "MatchTime>" in the same line ? i.e. "MatchTime>45 And ScoreDifference>1" ? Thanks for all your precious help, Stefan.
Betfair Bot
11.7.2018 11:39:53
It is Boolean algebra, and you can use any combination of parameters you like.
From your example: MatchTime>45 And ScoreDifference>1
Let’s say that the match time is 30 and score is 0 – 0, then from Boolean algebra you have got False and False what is equal to False, that means your trigger will not be fired.
Let’s say that the match time is 46 and score is 0 – 0, the result is True and False, what equals in Boolean algebra to False, the trigger is not fired.
Let’s say that the match time is 50 and score is 2 – 0, then from Boolean algebra you have got True and True (score difference is 2, what is > 1), this Boolean formula is equal to True, that means your trigger will be fired.
When you combine with And operator then all partial results must be True, to give you full results as True.
Using Or operator gives you True result when at least one partial result is True.
You can replace True to 1, and False to 0, then And Boolean operator is in algebra like * (multiplication), so 1 * 0 = 0 (False), 1 * 1 = 1 (True), 0 * 0 = 0 (False)
Corneliu
20.8.2018 20:21:50
Thanks Stefan, these new features are trully awsome ! Is it possible to have a security feature to limit number of bets to less than 1000 per hour so when that maximum number of bets per hour is reached, it doesn't allow any more bet placement until number of bets per hour decreases ? Thank you once again for all your priceless help !
Betfair Bot
21.8.2018 10:36:47
If you place your bets by bots, then yes I can create a bot that executes action bots (bots placing bets) and records number of such action bots execution per hour, so limiting further bet placement if set limit per hour is reached.
Corneliu
21.8.2018 21:22:18
Yes, that would be most usefull to prevent and control BF charges. Sometimes it seems a lot of bets are placed and there's no charges. Other times so few bets seem to be placed and the next day they debit hundreds of euros without even stating how many bets were placed and at what time. Thank you so much for being always available to help and improve your software.
Betfair Bot
22.8.2018 15:10:07
I have just added "Limit Action Bot Execution" bot to bfexplorer, install the latest version of bfexplorer and setup this bot to execute your action bot.
Keep in mind that bot limits number of executed action bots not number of bets, as depending on your action bot settings, such action bot can place more than one bet, mainly when bot is allowed to place bet in odds range, or when you use bots like: "Be The First In Queue".
In such cases you should revise market refresh rate setting, ChaseOddsTimeout, BetMatchingTimeout and similar bot parameters of bfexplorer bots.
Corneliu
22.8.2018 19:07:58
Ok, I'll have to test it out. Nevertheless, it shall be an important upgrade that with some adjustements may help prevent uncontrolled bet placement. Thanks alot Stefan
Betfair Bot
22.8.2018 19:17:11
I would suggest to rephrase “… uncontrolled bet placement …”, as bot place bet/s the way you instruct to place them.
So you want to say that you do not understand how bets are placed by your bots?
Hello. Since yesterday I have a delayed API on my BF Explorer trading software. I had no bots running when this happened and now I am also unable to trade as all stakes in the markets keep flashing all over the ladders on random odds, being absolutely impossible to figure out what was the last price ...
I tried BFexplorer, having used 3-4 different software applications beforehand.
The 2 days utilising the software, I managed to get a feel for the product and like the modern display on the black background.
Bets placed were very responsive with no lagging experienced from other products.
A few ...
Version 3.22.0821
Cumulative updates to the Bfexplorer Preview version
Version 3.10.0721
Cumulative updates to the Bfexplorer Preview version (.net 8.0)
Version 3.9.0425
Cumulative updates to the Bfexplorer Preview version
Version 3.1.1021 - preview
Betfair menu ...
Overfitting: The art of avoiding overfitting and the importance of comparing training and test results to detect it.
ROI Calculation: Different methods of calculating ROI, including the impact of flat stakes versus stakes based on odds.
Feature Selection: Emphasize the importance of ...
The Role of Luck
Unpredictability: Betting inherently involves a degree of unpredictability. No matter how much analysis you do, there are always elements beyond your control, such as unexpected injuries or weather changes.
Short-Term Variance: In the short term, luck can significantly influence ...
Some insights into different betting strategies, including trading in and out versus betting based on fundamental probabilities.
Trading In and Out: This strategy involves placing bets and then trading out of them to lock in profits or minimize losses. It’s similar to stock trading, where ...
Comments ( 48 )
Corneliu
I'm having an hard time figuring out how to use "ScoreDifference" criteria correct parameters. i.e. Is "=1";">=2" and "<=3" etc. accepted or only "True" and "False" ? Can I use it with "MatchTime=" or "MatchTime>" in the same line ? i.e. "MatchTime>45 And ScoreDifference>1" ? Thanks for all your precious help, Stefan.
Betfair Bot
It is Boolean algebra, and you can use any combination of parameters you like.
From your example: MatchTime>45 And ScoreDifference>1
Let’s say that the match time is 30 and score is 0 – 0, then from Boolean algebra you have got False and False what is equal to False, that means your trigger will not be fired.
Let’s say that the match time is 46 and score is 0 – 0, the result is True and False, what equals in Boolean algebra to False, the trigger is not fired.
Let’s say that the match time is 50 and score is 2 – 0, then from Boolean algebra you have got True and True (score difference is 2, what is > 1), this Boolean formula is equal to True, that means your trigger will be fired.
When you combine with And operator then all partial results must be True, to give you full results as True.
Using Or operator gives you True result when at least one partial result is True.
https://en.wikipedia.org/wiki/Boolean_algebra
You can replace True to 1, and False to 0, then And Boolean operator is in algebra like * (multiplication), so 1 * 0 = 0 (False), 1 * 1 = 1 (True), 0 * 0 = 0 (False)
Corneliu
Thanks Stefan, these new features are trully awsome ! Is it possible to have a security feature to limit number of bets to less than 1000 per hour so when that maximum number of bets per hour is reached, it doesn't allow any more bet placement until number of bets per hour decreases ? Thank you once again for all your priceless help !
Betfair Bot
If you place your bets by bots, then yes I can create a bot that executes action bots (bots placing bets) and records number of such action bots execution per hour, so limiting further bet placement if set limit per hour is reached.
Corneliu
Yes, that would be most usefull to prevent and control BF charges. Sometimes it seems a lot of bets are placed and there's no charges. Other times so few bets seem to be placed and the next day they debit hundreds of euros without even stating how many bets were placed and at what time. Thank you so much for being always available to help and improve your software.
Betfair Bot
I have just added "Limit Action Bot Execution" bot to bfexplorer, install the latest version of bfexplorer and setup this bot to execute your action bot.
Keep in mind that bot limits number of executed action bots not number of bets, as depending on your action bot settings, such action bot can place more than one bet, mainly when bot is allowed to place bet in odds range, or when you use bots like: "Be The First In Queue".
In such cases you should revise market refresh rate setting, ChaseOddsTimeout, BetMatchingTimeout and similar bot parameters of bfexplorer bots.
Corneliu
Ok, I'll have to test it out. Nevertheless, it shall be an important upgrade that with some adjustements may help prevent uncontrolled bet placement. Thanks alot Stefan
Betfair Bot
I would suggest to rephrase “… uncontrolled bet placement …”, as bot place bet/s the way you instruct to place them.
So you want to say that you do not understand how bets are placed by your bots?