Author Topic: Stakes  (Read 4244 times)

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Stakes
« on: 31 Mar 2011, 17:39 »
Hi,

I need a trigger condition/ trigger expression that will vary my stake according to the odds of the selection

If the decimal odds of a selection are 2.0   I want the stake to be approx £100

If the decimal odds of a selection are 10   I want the stake to be approx £20

If the decimal odds of a selection are 50    I want the stake to be approx £2

N.B. Obviously I know, sometimes not all my stake will be matched.


You can see a clear mathematical pattern in the above

The reason why I am asking this question is because I want to do the following trigger condition on 1000 different selections

Any Selection's Back Ticks Dif over 20 is equal or less than -5

It would be disastrous for my betting bank if I backed £100 on every one of those 1000 selections as some them would be odds of 50 or more. That is why I need the stake to vary according to the odds i.e. Stake of approx £100 if odds are 2.0, stake of approx £2 if odds are 50 etc.

Please help

Thanks

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Re: Stakes
« Reply #1 on: 31 Mar 2011, 18:05 »
hi
the easiest way is to use the IF command in the amount box.
IF(back_price<=2,100,IF(AND(back_price>2,back_price<10),20)) etc
just keep adding the IF(AND(

mcbee
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Re: Stakes
« Reply #2 on: 31 Mar 2011, 18:15 »
I actually don't use an and.

If(Formula, true, NEXTIF)

copy all the formula above, then paste, to add an extra leg, just paste over "NEXTIF"

If(Formula1, true1, If(Formula2, true2, If(Formula3, true3, If(Formula4, true4, If(Formula5, true5, All False)))))

If Formula1 is true then true1 else if formula2 is true the true2 else if formula3 is true then true 3 .... and last one is if all are false.
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Re: Stakes
« Reply #3 on: 01 Apr 2011, 08:19 »
When I read this thread, I thought, why so complicated - just tick the box in betting options to - Divide Back Amounts by the Price - but then I realised that this isn't available in MFPro, only in X-Feeder.  Seems like a worthwhile option to include in the next version

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Re: Stakes
« Reply #4 on: 04 Apr 2011, 01:14 »
Hitec80

In trigger amount field:-        200/(back_price-1)
would give a profit of £200 for a winning back bet.

trigger amount field:-              200/(lay_price-1)
gives you the loss of £200 on a lay bet if the selection wins.


just change the 200 to another number,  if you need to increase or decrease.