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General discussion about Bf Bot Manager v3 software for Betfair, Betdaq and Matchbook betting exchanges
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By BfBotManager
#16688
Hi KongUK,

Please see manual for details:
http://www.bfbotmanager.com/documents/m ... tegies.pdf" onclick="window.open(this.href);return false;

We will add updated description to manual soon.

Below is staking plan description that we received from one of our customers that requested this staking plan to be added.

Regards,
Rade


The STEP plan offers four main features/options:

1) An option to specify a variable increase or decrease in stakes based on the odds of the last loser/winner.

In the “Step staking settings” table, enter the required odds ranges and stake values into the table.

Note that your starting stake will always be that set in the Level/Initial stake condition on the Staking tab. .

On the left hand side enter the odds-range(s) and the INCREASE in stakes required after a LOSING bet in that given range(s).

On the right hand side, enter the odd-ranges and the DECREASE in stakes required after a WINNING bet in that given range(s).

For example, the plan might be set up to operate a sequence as follows:

After a loser in the range 1.01 to 10.0, increase stakes by 1 (x your initial stake)
After a winner in the range 6.00 to10.0 decrease stakes by 5
After a winner in the range 4.0 to 5.99, decrease stakes by 3
After a winner in the range 2.2 to 3.99, decrease stakes by 1
After a winner in the range 1.01 to 2.19 remain on the current stake.

This offers some profit sensitivity over and above simple ladder plans which simply adjust stakes up or down with no reference to the odds achieved. After a 9/1 win you may want to reduce stakes by more than the 1 point a simple ladder plan may offer. After an odds-on winner you may want to “stick” on the same stake. The STEP plan allows stakes to be adjusted a little more intelligently.



2) An option to operate in profit “cycles” which will reset the staking ladder every time a PEAK profit is reached.

“Check” the “Use profit cycle/peak profit” option to switch this on.

Set the value in the box after the above text to 0 (zero). (Default is 10).

With this option checked the bot will monitor the profits being made by the plan.
EVERY time a new highest or “peak” profit is reached the plan will be RESET to the START of the staking sequence for the bet following the peak, after which the normal rules governing the sequence will be resumed.

Here’s an example. For simplicity let’s assume the plan is moving UP by 1 point
after a LOSER at any odds and DOWN 1 point after a loser at any odds.

Bet 1 stake 1 LOSER -1
Bet 2 stake 2 LOSER stake 2 -2
Bet 3 stake 3 WINNER stake 3 at 4/1 (5.0) +12 Profit = 9 points.

We’ll call this profit cycle 1. The plan has made 9 “points” profit (ie. 9 times your starking stake) and if “profit cycle/peak profit” has been checked the stake for Bet 4 will return to 1 point AND NOT the 2 points dictated by the DOWN 1 set up in the table.

It’s worth re-emphasising this: the peak profit reset ignores the next stake in the Step sequence and restarts it at the beginning.

To clarify what happens next let’s follow this through for one more betting/profit cycle.

Firstly, the bot will now set a “peak” profit marker at the highest profit figure so far, in this example 9 points (let’s assume this is 9 gbp to a £1 starting stake).

Secondly, it will re-start the STEP plan at the beginning using the initial stake.

Thirdly, the plan will run normally executing the correct sequence UNTIL a NEW highest or PEAK profit is reached. In this example that’s any* profit in excess of 9 gbp. When that’s reached, it will return to the start of the sequence, from wherever in the sequence it happens to be.

[* but see 3) below]

So, Cycle 2:

Bet 4 stake 1 LOSER -1

Total profit = 9 (from cycle 1) -1 =8 Lower than peak of 9 so no reset.

Bet 5 stake 2 WINNER at 2/1 (3.0) +4

Total profit =8 +4 = 12 NEW PEAK. Plan resets again. Peak profit = 12

And so on……..

This is a powerful option as the plan is reacting to profits and (arguably) more important, is keeping average stakes lower.

3) In 2) above you were advised to set the figure in the text box (to the right of the check box and “Use profit cycle/peak profit”) to 0 (zero).

A setting of zero will ensure that the bot resets the Step plan every time there is a new peak profit. In cycle 2 of the above example, 12 (gbp) is the new peak profit, but any amount of profit over the previous peak of 9 would trigger a reset; even if it were only – say – 5 pence more (i.e. £9.05)

However, you can force the bot to target a minimum peak profit for every cycle.

To do this, simple alter the figure in the text box to a higher value. The default is 10, which means that before the plan will reset, the new peak profit for the current cycle must be at least 10gbp higher than the previous peak generated by the previous cycle.

For example, if the previous cycle reset at a peak profit of 14.50, then entering 10 as the “reset value” in the text box means that the plan will not reset until it has made a new peak of 24.50

So, use 0 (zero) if you’re satisfied with any profit over and above the last peak to trigger a reset, or enter a higher value to force the plan to run the current cycle until you’ve made what you want. Please remember that very high reset values in relation to your starting stake may result in greatly increased stake values in the event of a long losing run as stakes are forced upwards..

4) As with other bot plans, “checking” the “Save points on exit” box will cause the
bot to remember the current betting sequence between sessions when shut down and resume where it left off when re-started. If you don’t check the box it won’t remember tomorrow where it was up to today.










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By KongUK
#16972
Hi Rade

Is it possible to use %betting bank in place of initial stake condition alongside this plan?

Regards

KongUK
User avatar
By BfBotManager
#17111
marva71 wrote:Hi,

Is this plan working with dutching bets?

Marcel
Hi Marcel,

No, because dutching places multiple bets per market and this staking plan uses odds of last winner/loser to increase/decrease stake.

Regards,
Rade
By marva71
#17112
In the other thread there was a link with a video with explanation from this plan.
I thought that I saw there that the dutching option was available.

Marcel
User avatar
By BfBotManager
#17113
marva71 wrote:In the other thread there was a link with a video with explanation from this plan.
I thought that I saw there that the dutching option was available.

Marcel
Hi Marcel,

Can you please send me that link and I will check it? Thank you.

Regards,
Rade