Decent P/L chart - couple of questions.

[ejr3gan]

Hi,

I have generated this chart by using the Time Machine function (24/7, 10,000 games) and I have got a couple of questions:

1. Are there people out there on Betfair that would actually cover the few large bets that are generated in this strategy (i.e £1000 upwards)?

2. How long would you test a strategy before you were comfortable using it in real-life?

[rubold]

I would advise against using a Martingale type of staking.
Eventually it will hit a sequence that causes the stake to rise to such a level that it will not be matched.

[ejr3gan]

Thanks for the reply.

I don't suppose you know what the maximum level of liability is on Betfair Exchange Games? i.e are there people out there 24/7 willing to take bets up to £5000?

[u-shop]

TO: ejr3gan

1. You want won ALL money in the world?
i think £2000 per day it's F@Cking okey!

2.  your trigger for wich game?

3. you can send me?  sale.tv@gmail.com

4. I waite date(Time Machine) for Card Derby - i have some ideas and testting now in real time....

[ejr3gan]

TO: u-shop

1. It is not £2000 per day - If you look at the graph it is £4000 over 10,000 games, so approx £235 per day.

2. I was using Time Machine so obviously Poker/Poker Turbo

3. No

4. Good luck!

[rubold]

You can see the liquidity available for each price point on the x-feeder betting display.  Just add all the amounts showing for each hand back and lay - and this will give you the maximum to back or lay.  But remember other punters will want a chunk of this.

When the best price point is exhausted, only the next best price points are available, so depending on what price your selection is,  will dictate your max. bet size at best price.

If you need to match more than available at best price, then you will need to set your back or lay trigger to:   "best to match"   rather than current best.

[Oxa (WellDoneSoft)]

ejr3gan, it is quite obvious that you are pursuing an aggressive loss recoupment, such as Martingale, as people here have already suggested.

At some point there wouldn't be anough money offered for the current price to match your bet. But Rubold gave you a good piece of advice: to bet at "best price to match" instead of current price. In that case your bet would be split into several parts, each matched at a different price. You will wipe out all current back offers, and also this will result im much less profit than expected, but at least you will not go totally bankrupt. All that said, you must have enough money in your account to cover than liability.

To see how much money is in the market for a selection, click on its name to open the table showing you the amount offered at different prices.

[ejr3gan]

Thanks for the replies.

Yes, I am pursuing a martingale-type strategy. I am trying to find one that limits the liability to myself to around £1000 - Guess I better keep on trying/dreaming?! There must be a way...

I would really like there to be more data on the Time Machine so I could test strategies for 6-12 months rather than the 6 weeks that is currently available. I hope they introduce more data soon, also with the ability to run more than 1 day at a time.

[TheCamel]

What is the time machine function?