Author Topic: Big stakes - Additional technikes to use  (Read 1661 times)

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Big stakes - Additional technikes to use
« on: Tue, 13 March, 2012, 09:45 »
Hi,
using "back" before event_start and "greenup" or "distribute the loss" at inplay  is a common practice in soccer uo market on selection "Under".
But, when big stakes are used (i.e. 2.000€ or more) other kind of problems appear.
The (back or lay) bets are matched incrementaly and they need more time to be matched.
The incrementality inceases with lower market liquidity.
The back bets are not so problematic, but lay bets, especially when "distribute the loss", calculate different outcome on under and over selections. That is caused by different matching lay prices of more that one lay bets.
I would like to use "lay", to replace  "greenup" or "distribute the loss" but I am a little bit lost in formulas.

Example:

Back Bets
The 2000€ have been absorbed by 5 back bets
1. [email protected]
2. [email protected]
3. [email protected]
4. [email protected]
5. [email protected]

Lay bets
"distribute the loss" will not calculate the same for under and over selections, especially if more than 2 lay bets are matched.
I use "cancel then lay" trigger action at price=r_ticks(lay_price, -2) and amount=bu_laya
The trigger "cancel then lay" runs periodically. Each time it has to recalculate a new price for the remaing bu_laya.
If more than 3-4 lay bets are matched at new lower lay prices every time, what is the formula to use?

Is there a better way to use in the above case?

Regards,

Theodore