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General discussion about Bf Bot Manager v3 software for Betfair, Betdaq and Matchbook betting exchanges
By NeilAllen
#29448
Hi,

I have currently set up a strategy to lay on horses before the race and to hedge with a back bet when the odds drop by a specific % in play. The lay bets are triggering correctly without any issue, however the hedge bets sometimes do not trigger even though the odds have dropped past the % i have set. Can anyone advise why this may be the case and if there is anything further I can do to ensure the hedge bet is triggered.

I have only tried this strategy within simulation mode.

Please see the attached screen shots of my strategy.

Thanks in advance for your help.
Attachments
Market conditions.PNG
Market conditions.PNG (48.91 KiB) Viewed 10804 times
selection conditions.PNG
selection conditions.PNG (40.24 KiB) Viewed 10804 times
Price settings.PNG
Price settings.PNG (20.66 KiB) Viewed 10804 times
staking.PNG
staking.PNG (18.32 KiB) Viewed 10804 times
Hedge general settings.PNG
Hedge general settings.PNG (121.69 KiB) Viewed 10804 times
Hedge profit and loss.PNG
Hedge profit and loss.PNG (63.79 KiB) Viewed 10804 times
Hedge safety settings.PNG
Hedge safety settings.PNG (30.96 KiB) Viewed 10804 times
User avatar
By BfBotManager
#29449
Your hedge is set to monitor Back price for price change and then to ask for worse price by 20 ticks. Change that to 2 ticks.

Change Back/Lay Ratio at Hedge->Safety settings to 100%.

If that does not work then please post screenshots of placed bets and of your Tools&settings->Monitoring settings (both tabs). And screenshot of main MARKETS grid view showing loaded markets.

Also please include screenshot of "After bet rules" tab. Thanks!
By NeilAllen
#29452
Thanks for the quick reply, this still seems to have not triggered on some bets even though the back price dropped below the set %.

Examples -
Lay placed on Freedom Eagle at Philadelphia 18:07 - back odds dropped below 60%- back bet hedge did not trigger.
Lay placed on Blacksmiths Forge at Downpatrick 18:00- back odds dropped below 60% - back bet hedge did not trigger.

Please see screenshots of amended settings you advised on along with the additional screenshots requested:
Changed settings
Tools & settings monitoring tabs
Markets tab
After bet rules tab

Thanks a lot for your help. Let me know if you need additional info.
Attachments
Market monitoring settings monitoring settings.PNG
Market monitoring settings monitoring settings.PNG (41.32 KiB) Viewed 10797 times
Market monitoring settings remove markets.PNG
Market monitoring settings remove markets.PNG (77.39 KiB) Viewed 10797 times
After bet rules tab.png
After bet rules tab.png (27.19 KiB) Viewed 10797 times
bets tab.PNG
bets tab.PNG (134.41 KiB) Viewed 10797 times
Markets grid view.PNG
Markets grid view.PNG (322.97 KiB) Viewed 10797 times
hedge general settings 2 ticks change.PNG
hedge general settings 2 ticks change.PNG (120.4 KiB) Viewed 10797 times
Hedge safety settings back lay ratio 100%.PNG
Hedge safety settings back lay ratio 100%.PNG (34.91 KiB) Viewed 10797 times
Bets tab 2.PNG
Bets tab 2.PNG (146.41 KiB) Viewed 10797 times
User avatar
By BfBotManager
#29453
This appears to be all ok.

During in play prices change fast and sometimes they drop down too quickly for hedge to execute, within a second and then race ends or back price goes below 1.1 or there is no offer.

Beside that, simulation mode is using Betfair delayed data, so simulation is not fully realistic for trading strategie like this one. You can read more about it in following help articles:
https://www.bfbotmanager.com/en/help/kn ... ation-mode
https://www.bfbotmanager.com/en/help/kn ... layed-data