- Mon Jan 04, 2021 10:53 am
#23640
Hi There,
I am trying to set an After Bet Rule that will close the position and leave a "Free Bet" by removing all liability on my initial back bet. I'm pretty confident with the Profit/loss calculation tab as I have done something similar before however have included a screenshot just in case.
My question is regarding the Conditions, specifically "Hedge if possible to win X% of maximum possible profit"
With a "normal" hedge on an over/under goals market if I place a $100 back bet on a market and ticked this box with 40% then it would hedge the market with a lay bet so that i stand to win $40 (minus comm.) regardless of outcome.
Instead I want to close the position, will checking this box calculate the 40% maximum profit by giving me $0 if selection loses and $40 (desired outcome) OR will it do something weird like calculate when a normal 40% hedge would have occured and choose that point to remove liability?
Thanks!
I am trying to set an After Bet Rule that will close the position and leave a "Free Bet" by removing all liability on my initial back bet. I'm pretty confident with the Profit/loss calculation tab as I have done something similar before however have included a screenshot just in case.
My question is regarding the Conditions, specifically "Hedge if possible to win X% of maximum possible profit"
With a "normal" hedge on an over/under goals market if I place a $100 back bet on a market and ticked this box with 40% then it would hedge the market with a lay bet so that i stand to win $40 (minus comm.) regardless of outcome.
Instead I want to close the position, will checking this box calculate the 40% maximum profit by giving me $0 if selection loses and $40 (desired outcome) OR will it do something weird like calculate when a normal 40% hedge would have occured and choose that point to remove liability?
Thanks!