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Back Dutching
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Topic: Back Dutching (Read 4153 times)
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ideasman1969
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Back Dutching
«
on:
23 Apr 2014, 11:27 »
Just wondering how it would be possible to put a limit on my back dutching so that it will not bet on situations where my potential profit is less than say 20% of my potential loss.
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mcbee
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Re: Back Dutching
«
Reply #1 on:
24 Apr 2014, 09:07 »
hi
you would need a condition to calculate the dutch profit and loss.
to do that you need to know how many selections are been dutched
mcbee
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Oxa (WellDoneSoft)
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Re: Back Dutching
«
Reply #2 on:
24 Apr 2014, 13:20 »
You can use this trigger condition:
Selection's Trigger Expression (100 - match_b_book)/match_b_book is equal or greater than P/100
Where P is the percentage, i.e. 20.
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Oxa (WellDoneSoft)
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Re: Back Dutching
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Reply #3 on:
24 Apr 2014, 14:21 »
FYI:
liability = (ATW*match_b_book)/(100 - match_b_book)
Where ATW = amount to win in a back Dutching.
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demon
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Posts: 163
Re: Back Dutching
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Reply #4 on:
24 Apr 2014, 15:46 »
Would the condition "and selections trigger expression match_b_book is equal or less than 80" in the dutch trigger do the same thing mcbee /oxa?
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Oxa (WellDoneSoft)
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Re: Back Dutching
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Reply #5 on:
24 Apr 2014, 15:59 »
A simple check proves that no, it wouldn't.
If match_b_book, say, is 75, then:
(100 - match_b_book)/match_b_book >= 0.2
is true, for 100-75/75 = 0.33.
Yet
match_b_book >= 80
is not true.
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demon
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Posts: 163
Re: Back Dutching
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Reply #6 on:
24 Apr 2014, 16:07 »
I did amend mine to "is equal or less than 80" as I realised my mistake after I posted, I'm sure this works?
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Oxa (WellDoneSoft)
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Re: Back Dutching
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Reply #7 on:
25 Apr 2014, 12:09 »
If match_b_book, say, is 81, then:
(100 - match_b_book)/match_b_book >= 0.2
is true, for (100-81)/81 = 0.23.
Yet
match_b_book <= 80
is not true.
So no way trying to guess, use the formula I provided.
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