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General discussion about Bf Bot Manager v3 software for Betfair, Betdaq and Matchbook betting exchanges
By acoustic24
#20806
Do these two hedging options conflict, as they can be both selected simultaneously ?

Hedge if price goes below price
Only hedge at better price than initial bet price

What would be the effect of having these both selected ?

Thanks as ever.

Regards
Mark
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By BfBotManager
#20807
If you hedge only at better price then your trade will be profitable, or if hedge does not execute then you will lose full stake.

If your initial bet is Back bet and use "Hedge if price goes below" then hedge might execute if runner is winning as you are using "below setting". But if your bet was Lay bet and you set to execute if price goes below price that is lower than your Lay price then hedge will not be able to execute as you have option to hedge at better price and price below your Lay price is never better price for Lay bet.

Both rules must be satisfied for hedge to execute.