Suggestion for "Placebet bot" in BfexplorerPro2.
Posted in Popis betfair robotov by msr
Hello,
I have read the following forum thread:
http://bfexplorer.net/Forum.aspx/Show/312
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.
Thank you,
Regards.
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.
Thursday, May 12, 2011
Marcos, please change your text size for your windows setting as I already suggested in this article: Text sizing problem, or commented in this article. Please set the default text size:
And if you really have problems reading default text size then simply change your screen resolution:
For instance my native screen resolution is 1920 x 1200 pixels, if I change it to 1280 x 800, then everything will be bigger (1920 / 1280 = 1.5) 1.5 times, and the issue with the layout problem will not occur.
Well I am not quite sure what you mean by this sentence: " It has made a lot of trouble to me and makes a lot of insecurity when using the application.", because if your allowed odds range is set to 1.8-1.95 then bot does not place a bet if odds are not in this range. Once odds are in the range a bet is placed, so it is in allowed odds range. Your bet could be matched at better odds if betfair best execution applies to your bet.
I added two new parameters (MinimumOddsDifference, MaximumOddsDifference) as you requested to all bots which use Place bet bot.
Thursday, May 12, 2011
I´ve done what you have told me about the size and I have uploaded the image again. I´m not sure if it works. If it doesn´t work, I will do it better next time.
Thank you for adding those parameters.
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.
Thursday, May 12, 2011
Marcos, you did not change anything with your text size setting in windows, never mind. If you did do something then your bfexplorer would look like this one:
What is quite strange is that we speak about Bfexplorer PRO 2 and your screenshot shows the previous version of Bfexplorer PRO (the old version of Bfexplorer PRO), never mind again I can understand it.
Only trading bots support stopping a bot at a time, the parameters you have to use in such case are: ClosePositionOnTimeEnabled and ClosePositionOnTime.
Thursday, May 12, 2011
"Only trading bots support stopping a bot at a time, the parameters you have to use in such case are: ClosePositionOnTimeEnabled and ClosePositionOnTime."
I knew that parameter but that is to Close a position and not to not open. I mean, I just want that for example if in the first 10 minutes of the market a certain odds don´t appear then do nothing.
Example:
1.Minute 0-->10:
1.If Lay Selection A <1,10 then Place Lay<1,10.
2.If Lay Selection A is not <1,10 then do nothing in that market and stop the bot.
I just want the initial bet to work until a preset limit time. Is there a parameter to do it?. If not could you please add it?.
Thanks.
Thursday, May 12, 2011
Bfexplorer PRO 2 - Bfexplorer Community Bot Place Bet Till Time
I have added a new bot to Bfexplorer Community Bots called: Place bet till time. If you want to stop bot execution after time use parameters: PlaceBetTillTimeEnabled to True, and PlaceBetTillTime to -0:10:00, if you want to stop your bot 10 minutes before official market start time.
I hope you will prepare full description of this bot for English users, like Miro created bot descriptions for Czech and Slovak users.
Friday, May 13, 2011
I have tried the PlaceBetTillTime parameter and it works well. Thank you.
Well, there is not much mistery about this parameter. It is not a full bot, it is just 1 parameter added to a common Placebet bot. And the PlaceBetTillTime parameter could be useful because in some sports you can expect that the odds could change but only until a certain time.For example in basketball if team A is winning by 20 points of difference at halftime maybe you can place a Lay bet <1.30 at that moment to team B because you still have another half time so team B could win (and Place a Back for team B then). For it to be possible you have to set a limit time. You can´t expect a team to recover 20 points in the last 5 minutes of the match.
So that is the objetive of the PlaceBetTillTime parameter. Set a limit time because after that time it will be very less probable to change the result of a match.
There is not really much more to say. It is just another time parameter.
PD: in Bfexplorer there was something very useful and it was the fast access to some Betwizards with F4, F5,... If you could add it to BfexplorerPro2 would be great:
Close Position: F4
Close Position by dutching: F5
Close Position for selection: F6
Although in BfexplorerPro2 the order doesn´t match the order that it was in Bfexplorer:
Close Position
Close Position for selection
Close Position by dutching