User Comments

So I have another issue. I cant understand why its not working, so thought it may be becasue I was doing it in practice mode and maybe that had something to do with it. Tried it in normal mode, with a stake of $5. Practiced it twice and both times the first bet was $51.20 and $56.40. I've got no idea why the stake would have been this large? Both of the first bets lost, and the second bet worked like it should and was the amount lost in the first bet + $5

Sorry, forgot to write that. My StakeType is set to: Stake

So these are my parameters set..

Place bet bot:

BetType: Lay

MinimumOdds: 1.01

MaximumOdds: 1000

PlaceBetInAllowedOddsRange: true

Stake: 11

PlaceBetAtTime: -00:0020

SortSelectionBy: Last Price Traded

ExecuteOnSelection: 1

Execute Till Target Profit Bot:

BotName: lay fave $11 (name I called it)

TargetProfit: 10

TargetLoss: 1000

ResetStakingPlan: 7

MartingaleStakeFactor: 1

ExecuteAtTime: -00:00:30

StopExecutionAtTime: 00:01:00

SortSelectionsBy: Last Price Traded

ExecuteOnSelection: 1

Yes the way yours is working in the video is exactly how I want mine to perform. But it's not for some reason. Could you please send screen shots of both the general bot settings and action bot settings? Just so I can double check where mine is going wrong 

Thank you for the video, I only realised you put it there once reading your email. I tried yesterday again and had the same issue, but just realised a small difference in the way yours is setup. You TargetLoss is set to 0, is there where mine is going wrong? I set mine to 1000

yeah yeah that makes sense, but im unsure why im getting the results im getting. if i win the lay bet after losing a lay bet it takes my sum to breakeven, which i dont believe should be right? if my initial stake is $10 and it loses, then ill be down x amount of dollars but if the next bet wins it should stake accordingly to cover the loss plus add the additional stake. So after winning the second bet the sum should be $10 as that is the stake size. does that make sense? so just wondering if im missing something or not?

So for example if my stake is $10, I need to make the martingale 10 as well?

Yes im well aware of what it is about, had many years experience with it. At the moment not using real money for obvious reasons, and may not at all. I just trialling how the bots work with it

So with my trials today I setting the martingale as the defualt of 1. I was finding if the bet lost, the next bet would have a stake of what ever the total loss is. If that bet won, it would then bring the sum back to breakeven, where as I would prefer it to be a profit of what ever the initial lay stake is. 

Would i need to make the martingale value 2? or is there a setting i am unaware of that will add the total loss to the stake to then give me profit?

What I don't understand is, what does 1 in the martingale and 3 in the reset represent?

does the 1 mean it only adds the losses going back one, so say there's multiple losses do I need to set it to 3 so it adds on 3 of the previous losses?

with the resetting staking plan with the default of 3 means it only resets it 3 times?

I think of got it running successfully. Is it possible to run multiple of these bots at the same? like one on each race meeting?

So this is how I would like it to perform. It will be completed on horse racing and grey hounds. Ideally it will be perfromed on single race meetings. So it will start at race 1, with a lay bet on the favourite -00:00:30 to jump time. A predetermined stake will be set eg $10, which will be the target profit as thats how the lay bet works. If the the bet wins, target profit will be achieved and bot will be executed with a profit of $10. If the bet loses, the next bet will be placed on the favourite in race 2 as a lay, again -00:00:30 to jump time. The stake will be $10 plus the liability of the first bet in race 1 and then so on, if it wins it stops and if it loses the liability of race 2 will be added on to the $10 stake and will contine until the $10 profit has been achieved. Also unsure if there is a possibility to include the betfair commission into all of that as well. Hope this makes sense

Thank you for that info. Its starting to make sense now. So how would I do it so once the target profit is reached the bot will stop?

I've looked at the Execute Till Target Profit bot, but can not see an option for it to place a lay bet? Would this be the right one to use?

Thanks for the reply. I noticed that the lay the favourite one isnt on the list, where would I be able to find that?