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Trading at a price
Posted: Thu Mar 12, 2015 9:19 am
by lavenham
Hi Rade,
Is it possible to request a specific price, for example 1.70, only when the odds are between 2.0 and 2.5 and allow Betfair to match at the best available price?
Thanks
Re: Trading at a price
Posted: Thu Mar 12, 2015 12:43 pm
by BfBotManager
Hi lavenham,
If you are using Multiple Favorites bot, then at Bot Settings form you have option to always place bets at price X. Set this to 1.7.
Regards,
Rade
Re: Trading at a price
Posted: Mon Mar 16, 2015 7:00 pm
by lavenham
Hi Rade,
Thanks for that.
On the same topic, is it possible to request a specific price as soon as the first bet is matched, rather than wait for the price to actually drop (If the first bet was a back) by a specific percentage and hedge?
Thanks
Re: Trading at a price
Posted: Mon Mar 16, 2015 8:47 pm
by BfBotManager
Hi lavenham,
You can do that by using Multiple Strategies bot and "After bet rules->Trade out" condition.
Regards,
Rade
Re: Trading at a price
Posted: Tue Mar 17, 2015 11:29 am
by lavenham
Hi Rade,
In the Trader bot 'First Bet (start trade)' screen, if I ask for a worse price by say 15 ticks on a back, does bot request at the actual price minus 15 ticks (if I have selected this as initial price)? If so, does it get matched by Betfair at best available price or does it get entered at the actual minus 15 ticks price and sit there until matched?
Thanks
Re: Trading at a price
Posted: Tue Mar 17, 2015 2:12 pm
by BfBotManager
Hi lavenham,
Betfair always matches your bets at best available odds. So if you ask for worse price by X ticks then your bet will be matched at currently available price down to your requested price. That is how Betfair works.
Regards,
Rade