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General discussion about Bf Bot Manager v3 software for Betfair, Betdaq and Matchbook betting exchanges
By Volmir
#21047
Hi Rade,

I need help setting up the following behavior:

1 - Bet in favor of the home team in games where the home team has odds between 1.20 and 1.40
2 - Make edge when a goal occurs regardless of whether it is a home goal or a away goal, obtaining the profit from falling odds after as desired profit, or assuming the red if the goal was from away team's
3 - Edge when losses reach a certain percentage of the stake, for example 5%, if no goals occours

Item 1 is ok, but items 2 and 3 I don't know how to integrate together into the same strategy. Could you help me with this task?
User avatar
By BfBotManager
#21048
You should use "After bet rules->Hedge" rule and set it to execute when score is 1-0, 0-1 or any other score than 0-0.

Also tick option at hedge form to execute if price goes up by X% or X ticks, that is when price moves against you.

Then test it in simulation mode.
By Volmir
#21049
Ok Rade.

Another question,

ticking the option at "hedge form to execute if price goes up by X%" and backing some market, if price goes up by 10% it means that if i bet with $10, it will trigger when remaining stake available to cash out equals to $9?
User avatar
By BfBotManager
#21050
No, it means if price goes up by 10%, not your stake e.g. if price is 4.0 and price goes up to 4.3 or higher then it will execute.

Price change is calculated like this: 4 + (4 - 1.0) * 10% = 4 + 3.0 * 10% = 4 + 0.3 = 4.3.

This formula gives price 1.0 if price goes down by 100%, because of that it is calculated like this and not like 4 * 110% = 4.4