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#26945
I want to place a back bet on the Favourite in player position 1 if they go a break down 0-1*, 1-2*, 2-3*.

But I only want 1 to activate, do I just set Max Matched bets per runner to 1.

I know this may seem obvious but I wasn't sure if I set it to 1 would a set hedge bet activate or not. IE is the hedge included in the matched bet or do I have to set it to 2 or above to include the hedge.

Sorry maybe not explained very well.
#26946
There is no need for that rule. By default strategy is set to allow 1 bet per runner. If you have not changed this setting at strategy "Edit" form (the one where you set strategy name) then it will place only 1 initial bet per runner.

To bet on player 1 if it is pre match favorite you need to use following two rules:
1. Bet type by FAVORITE position, set it for 1st favorite
2. Selections filter, set it to allow betting on RUNNER by position 1 (player 1)

At strategy "Edit" form tick option to use favorite positions from before in play.

Then test it in simulation mode without risking any real money.