Hedging when price down 50%
Posted: Wed Sep 02, 2015 7:00 pm
Hi Rade,
I'm having trouble with hedging prices when they drop by 50% of the original bet.
Case1: LTD
I use the hedging method when the back price has reached 50% of the initial lay price so that I lose maximum 1 point should the draw happen during the game
Case2: DOB (Double Or Bust)
For horses this time, I'm hedging when the lay price has been reduced by 50% for 1 point profit whatever the outcome.
In both case, when I set the hedging condition to 50%, the bot always hedge when the price is higher than the requested 50%. I've found out that it tend to gedge pretty correctly with a 66% value which does not make sense to me.
Case1: LTD @3.6, then the bot would not hedge @1.8 but above this, for ex, @around 2.1 or2.
Case2: just happened this afternoon, horse backed @8.00, then bot hedge @6.4 whereas it should have hedged @4.00! And this price has been reached since the bot went to win...
Would you have an explanation?
I've upload screenshots for both cases (they are very similar)
Many thanks
Vincent
I'm having trouble with hedging prices when they drop by 50% of the original bet.
Case1: LTD
I use the hedging method when the back price has reached 50% of the initial lay price so that I lose maximum 1 point should the draw happen during the game
Case2: DOB (Double Or Bust)
For horses this time, I'm hedging when the lay price has been reduced by 50% for 1 point profit whatever the outcome.
In both case, when I set the hedging condition to 50%, the bot always hedge when the price is higher than the requested 50%. I've found out that it tend to gedge pretty correctly with a 66% value which does not make sense to me.
Case1: LTD @3.6, then the bot would not hedge @1.8 but above this, for ex, @around 2.1 or2.
Case2: just happened this afternoon, horse backed @8.00, then bot hedge @6.4 whereas it should have hedged @4.00! And this price has been reached since the bot went to win...
Would you have an explanation?
I've upload screenshots for both cases (they are very similar)
Many thanks
Vincent