Bot for Back/Lay ?
Posted in General Betting by Dev
Hello,
I'm using bfexplorer Pro 2.
I want to use the Bot Executor to submit 2 bets - 1 back and 1 lay.
The lay bet should only be submitted once the back bet has been matched.
So, I want to back Horse A for £20 at 2.0.
If this is matched, either before play or in-play, then a lay bet of £20 at 1.2 on Horse A is submitted.
If the back bet is not matched, then the lay bet is never submitted.
Thanks.
Saturday, July 16, 2011
Betfair bot: Chain execution on selection
The simplest way is to use trading bot Place bet and close position setting parameters ClosePositionImmediatly True and HedgingEnabled False, your closing bet would be placed x ticks lower than your opening bet, set by parameters Profit.
If you want to place your closing bet on exact odds then you can create two bot settings using the bot Place bet. One of bots will be set to place back bet and the other one lay bet. To chain execution of those two bots you have to use the bot: Chain execution on selection, so you will create a new bot which will execute back/lay bet placing.
You can translate this Czech article to English: Bfexplorer PRO 2 - Chain execution on selection, if you want to learn more about the bot: Chain execution on selection, but I think that using of this bot is very simple and you can understand it from pictures used in this Czech article.
Saturday, July 16, 2011
Chain execution
Thank you.
I tried it succesfully with 2 "Place Bet" bots and used the "Chain execution on selection" bot to start the process.
Only thing is, once the bot starts, all existing unmatched bets on the selection are cancelled ?
Is there a way around this ?
Monday, July 18, 2011
This is the standard feature of the Bot Executor, any unmatched bets are cancelled before a bot is executed on a market selection.
You can execute your bots by clicking on a ladder as well, this way you can prepare your trading bots and start them manually. In such scenario it is better to cancel previous placed bets if they are not matched.