How to trade out

Hi,

how can I do the following: I want to make a LAY-bet on a horse 30 sec before the OFF and I want to hedge this with a BACK-bet I made earlier in the morning at a bookmaker.

Example:

BACK-bet at 8/1 odds at Ladbrokes
30 sec before the race starts MF makes a LAY-bet on this horse and hedges this LAY-price with the BACK-price from the Ladbrokes bet.
But I want to be able to change the BACK-price one minute before MF makes the LAY-bet.

Is it possible only with the triggers or do I need more?

Thanks.

Jake

hi
you just nees 2 triggers
1 to back with the odds that you set and a time condition, and the other to lay with your set odds and time condition.


mcbee

Hi McBee,

I didn't get it....because the first bet isn't made by MF. I will do this BACK-bet manually
at a Bookie. So I don't want MF to do a BACK-bet for me.

I just want MF to do a LAY-bet for me and hedge this LAY-bet with this BACK-bet
I made manually at the Bookie.

If I give MF a trigger for the BACK-bet with a time condition as you say it will place this BACK-bet for me, right? But I don't want that.

Or is it possible that MF places this BACK-bet at the Bookie?

That's my problem.

Jake

hi
then use a lay trigger only.
you are confusing me by saying you don't want the back bet, but you say you want to hedge the lay bet.
so what you want to do is back at bookie odds and lay less odds at betfair to make an all green book/profit.

mcbee

Yes, that's exactly what I want.  

But how can I make a LAY-bet with MF and tell MF to hedge that lay bet with
the Bookie-Odds to green me up?

hi
i can do a trigger for 25% greenup, but any smaller or larger then my brain hurts trying to calculate the differences.
so set the bookie bet amount and bookie odds.
set the options (in the settings at the top of bot screen) to by default all selections are not active.
load the market
manualy select the horse.
let the trigger work
you can only do this once for each selection as you have to manualy change the odds/money amount before each race, because the bot does not know what you have bet on at the bookies

mcbee

Hi McBee,

wow, thank you very much.

Unfortunately I'm cannot try it at the moment. I'll do this tomorrow.
Maybe I have to come back to you than because I'm absolutely new to MarketFeeder and have to read the manual when I'm trying out your trigger.
I hope I get it done.

Thanks again.

Jake.

Hi Guys,
Is it possible to upload this trigger again?

I've tried to download it but getting an error
Regards
Harry

Hi
This is going back a few versions, not far off half a decade   
Attached is the converted trigger file, please use in test mode until you are confident with it.

Thank you

Hi,
I've had a look at the trigger... would there be any way to load different bets, odds and amounts already placed with bookies because the greenup amount is calculated from back odds and amount already placed?

Cheers for any help.
Harry

Hi
Please have a look at the manual section on Importing Selections for AutoTrading
Set up a text file with the selection name, bookie back odds, bookie amount
Modify the trigger for the imported variables e.g.
in the price field replace backodds*.8 with imported_1*.8
in the amount field replace backbetamount*1.25 with imported_2*1.25
you will just need the lay trigger
import the text file selections as per manual instructions and run the trigger

please experiment with this in test mode first.

Thats really interesting... ok thank you for your help
Regards