Back Dutching
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#1 by ideasman1969 on 23 Apr 2014
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.
ideasman1969
#2 by mcbee on 24 Apr 2014
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
mcbee
#3 by
Oxa (WellDoneSoft) on 24 Apr 2014
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.
Oxa (WellDoneSoft)
#4 by
Oxa (WellDoneSoft) on 24 Apr 2014
FYI:
liability = (ATW*match_b_book)/(100 - match_b_book)
Where ATW = amount to win in a back Dutching.
Oxa (WellDoneSoft)
#5 by demon on 24 Apr 2014
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?
demon
#6 by
Oxa (WellDoneSoft) on 24 Apr 2014
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.
Oxa (WellDoneSoft)
#7 by demon on 24 Apr 2014
I did amend mine to "is equal or less than 80" as I realised my mistake after I posted, I'm sure this works?
demon
#8 by
Oxa (WellDoneSoft) on 25 Apr 2014
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.
Oxa (WellDoneSoft)
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