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Hedge or Close Position - another small request

Posted: Mon Aug 26, 2019 3:13 pm
by baddydaddy67
Again I'd like to commend you on the software and the latest set of changes - before using this programme I was using the other well known Betfair programme - Betangel - its good but way too fiddly.

So back to my small ask - on the new hedge or close position dialogue box is it possible on the next revision to change the "Hedge if price goes down by %" to a editable / written value to allow me to inset a percentage higher than 99%?

Keep up the good work.

Re: Hedge or Close Position - another small request

Posted: Mon Aug 26, 2019 3:26 pm
by BfBotManager
Hi baddydaddy67,

Good to hear that you like latest improvements!

Price change down by 100% will mean that price went down to value of 1.0. You cannot set higher value than 99% or 100% as it would result in invalid price, lower than price 1.0.

Re: Hedge or Close Position - another small request

Posted: Mon Aug 26, 2019 5:45 pm
by baddydaddy67
Its for B2L at higher prices - trust me this works on higher price horses where you can get about 1000% price drop, operating that with a TSL would hopefully increase strike rate. I use the trade out 2nd bet at present or use price drop to a value but percentage would be good if it was possible.

Re: Hedge or Close Position - another small request

Posted: Mon Aug 26, 2019 5:54 pm
by BfBotManager
Can you please create example with bets and write price change for each bet so that we better understand how you need this to work? Thanks!

Re: Hedge or Close Position - another small request

Posted: Mon Aug 26, 2019 8:23 pm
by baddydaddy67
I back to lay certain horses with a BSP above 20, a drop of 1000 takes the odds to 2, if the BSP is 30 then the lay odds are 3. So basically on certain races I'll pick a selection of horses above BSP of 20 and look for a 100% price drop using the trade out 2nd bet, I don't know how this would work with a TSL, I'd probably have to set a high-ish tolerance band the other way maybe 200-300%. On the trade out 2nd bet if the B2L pushes the lay price to 1.01 then that is ok.

Make sense?

Re: Hedge or Close Position - another small request

Posted: Mon Aug 26, 2019 8:27 pm
by BfBotManager
If you Back at 20 and odds drop down to 2, then that is ~90% price change down, not 1,000.

Re: Hedge or Close Position - another small request

Posted: Mon Aug 26, 2019 8:49 pm
by baddydaddy67
100% would be a drop in odds by half. I've screen dumped an example. it is basically a 10-1 B2L. A 100% B2L is a DOB, 1000% returns 10-1.

Re: Hedge or Close Position - another small request

Posted: Tue Aug 27, 2019 1:59 am
by BfBotManager
We discussed price/odds change by X%, not potential profit by X% compared to invested money. Ok, I believe we have enough information now and we will review this for future updates. Thank you!

Re: Hedge or Close Position - another small request

Posted: Tue Aug 27, 2019 7:36 am
by baddydaddy67
Apologies for mix up, thanks for considering.