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Can you describe this image and explain
If you have a problem using bfexplorer, just create a screenshot and ask an AI like Grok to describe its functionality:
Detailed Description of the Image
The image is a screenshot of a software interface titled "My Strategies to Execute", which appears to be part of a trading or betting platform, ...
19.4.2025 15:13:02
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Football Next Goal Strategy
Strat is as follows, at min 79 of a game, I place a lay bet on the next goal market for a max period of 5 mins, then take the profit offered or if a goal is scored then the trades ends.
The criteria are as follows.
Odds at minute 79 of the game must be between 1.7 & 3.0 on the next goal ...
17.4.2025 15:49:29
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I want to build ML model
Building a model for horse racing betting involves several steps. Here's a structured approach to get you started:
1. **Understand Horse Racing**: Familiarize yourself with the rules of horse racing, types of races, and the factors that influence race outcomes (e.g., horse form, jockey performance, ...
9.4.2025 17:07:21
Comments ( 1 )
Betfair Bot
What is actually tick offset?
You place a bet and when bet is fully matched the opposite bet is automatically placed to hedge your bet position in profit. Alternatively it can be set to place your hedge bet when market goes against your bet, so you close your bet position in loss.
Any automation, so any bots can be found in view My Bots to Execute, of course if you did not add there any bot, there is empty list there.
To add your bot, click on toolbar button in the “My Bots to Execute” view “Add a new bot.”
As mentioned above the tick offset automation can be named the other way like: “Place bet and close selection bet position”, I use such naming convention for bots because it explains the bot activity as well.
As you can see in my short video I have got quite a lot of different bot settings added in “My Bots to Execute” view. I hope you understand that one bot can be preconfigured/setup by its parameters, to behave differently. Therefore I would suggest using your own naming rules to keep your list of bot settings understandable.
If you want to replicated/clone other bot settings, just select you bot, and click on the toolbar popup menu item of “Add bot” toolbar named Clone.
Bots are usually used in fully automated strategies using Bot Executor tool, in this case you will manually start your bot by clicking on ladder, and therefore you need to activate “Use Ladder” option in the “My Bots to Execute” toolbar, in this context it means: Use a ladder click to execute your bot.
What makes the trading bot “Place Bet and Close Selection Bet Position” act like tick offset? In the bot parameters it is OfferMyBet set to True (checked), and the parameter PlaceBetInAllowedOddsRange set to False (unchecked).
If you forget to set those parameters and you would use it with Use Ladder activation mode, the bot will be started but depending on what odds you clicked on ladder the Minimum/MaximumOdds parameters will be adjusted, so bot will wait till allowed odds range is traded and only then starts placing opening bet.
Keep in mind as well that in “Use Ladder” mode, the Stake and BetType parameter of your bot is adjusted from current settings in the main toolbar, therefore it is really good practice to use right naming convention of your bot settings. For instance for fully automated trading you would create settings of “Place bet and close selection bet position” bot, and name it:
Back for 2 ticks profit
Lay for 1 ticks profit or 3 ticks loss
But for general use it is better to use naming like in this case “Tick Offset” (but of course with appropriate bot settings set), or Trade 2 ticks profit, so from the bot setting name it is clear that bot will be used in “Use Ladder” mode.
Here is list of similar posts about Tick Offset
http://bfexplorer.net/Articles/Search?text=offset