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Bets
Hello, I am still using trial version, I have money on my Betfair account and would like to try to stake. However, in practice mode I am able to stake but not in live mode. Account is connected. In left bottom corner shows my cash balance
5.1.2026 9:05:39
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27.12.2025 20:36:17
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8 Essential Data Contexts Available for Betfair Market Analysis
Just documented the comprehensive data contexts available in our Betfair trading system. Here's what we can analyze:
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26.7.2025 19:03:01
Ilya Nikol
Thanks for the help, guys! I really appreciate it!
But I still can't figure out how to cancel only "specific" unmatched bets, for example, only unmatched Back bets or only unmatched Lay orders.
Also, I can't figure out how to make the bots to start work again on the market after I triggered "StopRunningBot" bot.
Mir.
Hi Ilya Nikol,
bots are more universal than you can see on the first look. Some combos of bot are very usefull for manual traders. Some for full automated betting or trading. For example Tick Offset bot vs. Place Bet and Close Positon.
For manual traders is the best feature run a bots directly on the Ladder.
Partial matching - my experience, more small bet are better than one big.
InPlay - there are AllowPlacingBetInPlay and AtInPlayKeepBet parameters
Offset - you can set by ticks Profit/Loss, see Close selection bots
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If you want set exactly open bets and close bets use 2 Place Bet bot in Chain Execution. It is easy:
Chain Execution (PlaceBet01 bot (Lay, Odds 2,30; Stake 10), PlaceBet02 bot (Back, Odds 2,70; Stake 11,74)
It is exactly by you want!
Mir.
Hi,
1) Stop Market Monitoring bot can Stop all running bots and Cancel your bets
2) Place bet on Selections - you have 2 easy way
A) You can create Place Bet bot for every selection...
B) You create one Place Bet bot with default settings "Selection", and than create Execite on Selection bot...
This bot execute any Bot on any Selection you want.
Mir.
MinimumOddsDifference and MaximumOddsDifference is difference between offered prices in ticks.
If you need place bet only when small gap (maximum 3 ticks) you set:
MinimumOddsDifference: 0
MaximumOddsDifference: 3
If you need place bet (offer your bet) only when gap is on the selection minimum 3 ticks (and max 6 ticks) you set:
MinimumOddsDifference: 3
MaximumOddsDifference: 6
ruipedrosilvasousa
Sorry i do not know..
Wait for the response of stefan
Ilya Nikol
P.S. Also, is it possible to cancel only unmatched Back or Lay order?
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ruipedrosilvasousa
answer to your second question
select markets, and then click "Start Bot" and select the bot you want to run in the chosen markets..
ruipedrosilvasousa
With a risk management well done and improve some points and who knows ..
at this point it is still being supervised
Betfair Bot
It is not possible to implement a general bot which would implement such features for “killing” running bots. There is always necessary to specify exact “killing logic”.
The only way how to do it is to program own bot trigger, this bot trigger feature is here exactly for such kind of features, to orchestrate bot execution.
Betfair Bot
The latest version of bfexplorer offers Stop Market Monitoring bot supporting parameters: StopOnTime and StopRunningBots.
Mir.
Thanks.
Mir.
BTW: the cheapest way is xDSL line, own passive PC with W10, ups power supply, battery.
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And, you have to be ready for full automated trading, or betting. You must be 100% sure what you doing and why.
Can you let run bots and go for a walk?
??
Betfair Bot
The bot: Close Selection Bet Position At Odds with the parameter Odds set to 0.0 closing bet position immediately.
Betfair Bot
You will have to use Windows VPS.
ruipedrosilvasousa
it would be possible to place the bet attribute: "ClosePositionImmediatly" in bot: "Close Position Selection Bet At Odds" ??
ruipedrosilvasousa
it is possible to expire an order not matched in the specified time??
ruipedrosilvasousa
thanks :)
Betfair Bot
It does not matter what price values you set it is up to. I think you still do not understand something. As said: Close Selection Bet Position At Odds with Odds set to 0.0 closes bet position, if valid, immediately at current offered odds. In your solution the bot: If Then Else only executes the hedge bot when set LastPriceTraded fulfils set criteria.
So in your solution, the key is how the Close Selection Bet Position At Odds with Odds works. Do you understand it?
ruipedrosilvasousa
1,86 and '2.30' right?
Thank you so much. I'll try
Betfair Bot
You should use the bot: Close Selection Bet Position At Odds, and your trading bot setup by Chain Execution bot, such solution makes sense because you want to start your bot to close your bet position only when bet placed at 1.99 is fully matched.
If you set the parameter Odds to 0, the bot Close Selection Bet Position At Odds, closes your bet position at current offered price/odds.
In my video I showed another useful feature. If you set your bot category to: My Ladder Bot, then such bot is added to the ladder context menu. You can prepare a lot of such bots for general use, for instance hedge bot setting or close bet position by NET stake, and so on.