Author Topic: 2 orders on the 2nd 5th and 8th ranked faves  (Read 1243 times)

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2 orders on the 2nd 5th and 8th ranked faves
« on: Mon, 15 March, 2021, 07:10 »
Hello, can you make me a trigger to do the following:

At in play place 2 orders into a market for each of the 2nd, 5th and 8th ranked faves.

The first order is a Lay bet at 10% of the faves odds (90% below the starting price)

The second order is a Back bet at 125% of the faves odds (25% above starting price)

If none of the chosen faves trade to 10% then a stop loss activates for 50% loss

Hope you can help.

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Re: 2 orders on the 2nd 5th and 8th ranked faves
« Reply #1 on: Mon, 15 March, 2021, 07:12 »
Also can both orders go in immediately at the start and wait to get matched.

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Re: 2 orders on the 2nd 5th and 8th ranked faves
« Reply #2 on: Tue, 16 March, 2021, 06:42 »
And can you please include the option of manually dutching selections as well, if I decide not to use full automation.


  • Tim Vetrov
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Re: 2 orders on the 2nd 5th and 8th ranked faves
« Reply #3 on: Tue, 16 March, 2021, 19:36 »
And can you please include the option of manually dutching selections as well, if I decide not to use full automation.
Hello,

Could you please explain what you mean? The triggers is an automation.
You can't do thing manually with triggers ;)
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Re: 2 orders on the 2nd 5th and 8th ranked faves
« Reply #4 on: Tue, 16 March, 2021, 20:04 »
Hi, I meant the option to disable the automated selections and manually Dutch just after in play. The trigger would still put the nominated back and lays at the original prices and wait to get matched.
Hope that helps.

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Re: 2 orders on the 2nd 5th and 8th ranked faves
« Reply #5 on: Tue, 16 March, 2021, 20:45 »
You did not mention any Dutching bets in your opening message. Your description only includes lay and back bets at % of their SP.

Please explain explicitly how Dutching bets fit into this request.
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Re: 2 orders on the 2nd 5th and 8th ranked faves
« Reply #6 on: Tue, 16 March, 2021, 20:50 »
Should trigger skip races with less that 8 runners?
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Re: 2 orders on the 2nd 5th and 8th ranked faves
« Reply #7 on: Tue, 16 March, 2021, 21:24 »
By dutching I meant selecting more than one horse to trade, if it compromises the original trigger then please just create the fully automated request as per my original post.

And yes please skip races with less than 8 runners.

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Re: 2 orders on the 2nd 5th and 8th ranked faves
« Reply #8 on: Tue, 16 March, 2021, 21:48 »
Here is the trigger.
There is no dutching, just back+lay -> then 50% loss.
Sorry, still don't understand the dutching part. Should it be a separate trigger?
By the way, there is no price restriction, so lay bets could be not placed due to huge liability...
Let me know if you need me to add a limit.
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Re: 2 orders on the 2nd 5th and 8th ranked faves
« Reply #9 on: Wed, 17 March, 2021, 04:47 »
Thanks Tim, I’ll have a play with it and see where it needs modifying.

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Re: 2 orders on the 2nd 5th and 8th ranked faves
« Reply #10 on: Thu, 18 March, 2021, 07:04 »
Hi Tim, I noticed the trigger keeps throwing back and lay bets into the market as fave positions change. Is it possible to modify the trigger so it only places the trades on the originally selected faves and if the rank position changes then no trades are put on the newly ranked faves?

Also is it possible to ensure the back bets are matched first before lay bets are presented to the market? I understand doing this means the lays might not always be matched but protects my liabiltiy a bit more.

Hope you can help.

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Re: 2 orders on the 2nd 5th and 8th ranked faves
« Reply #11 on: Fri, 19 March, 2021, 08:05 »
Hello,

Sorry for delay.
What do you mean by "originally selected"?
What time the trigger should "remember" the selections?
Now it places bets right after you (or software) start refreshing the market...
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Re: 2 orders on the 2nd 5th and 8th ranked faves
« Reply #12 on: Fri, 19 March, 2021, 09:13 »
The original 2nd 5th and 8th ranked faves and not place orders on any other if the ranks change.
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Re: 2 orders on the 2nd 5th and 8th ranked faves
« Reply #13 on: Fri, 19 March, 2021, 09:16 »
Sorry, still son't get it.
Could you please give me an example?
Thank you.
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Re: 2 orders on the 2nd 5th and 8th ranked faves
« Reply #14 on: Fri, 19 March, 2021, 12:27 »
In the trigger you made it keeps placing back and lay bets into the market. I only want it to place the back and lay bets on the three ranked horses and not put any more bets into the market when those ranks change in play.