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General discussion about Bf Bot Manager v3 software for Betfair, Betdaq and Matchbook betting exchanges
#22170
Hi Rade,

I am drip feeding back bets into a market using multiple strategies with each strategy betting on the market at different odds.

When the trigger to come out of the market is met I want to hedge in relation to the average odds of those combined strategies.

I'm looking to use

Hedge stake will be calculated by using selection profit/loss values - that are calculated by using all bets placed by SELECTED strategies on this selection.

How would I best utilise this?

Would I just include a single Hedge Condition in the first strategy of the sequence, or would I need to include the Hedge Condition for each of the strategies included?

Thanks
#22171
One hedge in first strategy should be ok. But make sure that your settings in other strategies will not be allowed to place any new bets after hedge is executed e.g. that their market/selection conditions will no longer be satisfied.

If that is not possible, then instead using selected strategies add hedge to each strategy and set it to hedge initial bet only. That way each strategy will hedge its own bets only, this will work even if other strategies place initial bets at later time e.g. after first strategy hedge already executed.

Please test it in simulation mode carefully.
#22178
Thanks Rade, that is great news.

A follow on question, if i may.

Generally speaking the hedge conditions all follow OR logic. Is that correct?

So, IF

After Bet Rules>Hedge>
General Settings>Hedge X Seconds after Start time = 75 minutes
Sport Specific Settings>Bet on Following Scores = 2-0 or 0-2


then the strategy will seek to hedge either at 75 minutes after the match starts (60 minutes excluding half-time break) OR if the score goes 2-0 OR 0-2.

Would that be correct?

If so does that also apply to Market Conditions for Hedge or do those rules utilise AND logic?

Meaning that if

After Bet Rules>Hedge>
Market Conditions>Hedge if following conditions are satisfied>Football - Bet When Score>Allow betting only when current match score is one of the following scores = 2-0, 0-2
Market Conditions>Hedge if following conditions are satisfied>Football - Match Minute>Bet on Matches where match time is range 60-90 minutes


then the strategy will seek to hedge if the score is 2-0 or 0-2 AND over 60 minutes into the game (excluding the half-time break) has been played?

Would that be correct?

That would then mean that it would be possible to set a hedge condition where the following is possible?

If 70 minutes has been played OR the score goes 0-2 OR (more than 65 minutes has been played AND the score is 2-0) then Hedge

Example:

After Bet Rules>Hedge
General Settings>Hedge X Seconds after Start time = 85 minutes
Sport Specific Settings>Bet on Following Scores = 0-2

Market Conditions>Hedge if following conditions are satisfied>Football - Bet When Score>Allow betting only when current match score is one of the following scores = 2-0
Market Conditions>Hedge if following conditions are satisfied>Football - Match Minute>Bet on Matches where match time is range 65-70 minutes