Suggestion for "Placebet bot" in BfexplorerPro2.
I have read the following forum thread:
And I think I have the FINAL solution to the avoid that there is in low liquidity markets when strange/fake odds (like 1.01) appears suddenly. I have had some times when the odds where in the range of 1.80-1.95 and in one second appeared a fake 1.01 or 1.06 odds and then again the next second it was again normal 1.80-1.95 odds. It has made a lot of trouble to me and makes a lot of insecurity when using the application.
The FINAL solution is to add the following parameters to the Placebet bot:
MinimumBetStakeToChase: normally those fake odds have very low liquidity (like 1-5 euros). If I put this parameters with 10 euros I will avoid the bot to run on fake odds.
MaximumOddsDifference to a a maximum odds difference I will avoid that the bot will place a bet on fake odds. Because normally the fake odds are on the "Back" side of the selection. So if I set a maximum odds difference the difference between the Back and the Lay could be so high that the bot will not run and I will avoid those fake odds.
It will also sometimes solve also the BIG problem with the API not showing cross-matched bets (Betfair applies cross-matching in its website but not in the API). Because with MaximumOddsDifference the bot will not run when there is a big odds difference between the Back and the Lay. In the past I had a problem with a situation where the normal odds in the website were like 1,80-2 and as the liquidity was low and the API didn´t apply the crossmatching rule, in Bfexplorer was showed the best back odd at 1.16 when in the betfair website at that exact moment the Back odds was like 1.87. With this parameter I can avoid the problems with crossmatching. Even you could also add a parameter that says if there is back and at the same time there is no Lay for the same selection don´t run the bot. I upload a capture to show what I´m talking about.
So, if you could please add those parameters to the "Placebet bot" it will solve VERY important problems. Maybe someone also finds an utility to "MinimumOddsDifference" in the "Placebet bot" so maybe you could also add it if someone needs a solution for something not said here.
2. I edit to ask you the following question because I´m not sure if there is a bot parameter to do this: set a parameter that if for example in the first 8 minutes after the start of the event it hasn´t found certain odds (Lay <1,10 for example) then close at the 8º minute, and then close all the bots and cancel unmatched bets for that market. I just want that if certain conditions are met before a limit time then place a bet, but after that limit time do nothing. If it hasn´t found the conditions in the first 8 minutes then forget that market. Is there any parameter for this?. I´ve looked at Closeontime but it is not for this.