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back price formula help
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Topic: back price formula help (Read 3509 times)
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racepro
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Posts: 829
back price formula help
«
on:
13 May 2014, 21:04 »
Hi,
I'd like to make a formula to place in the trigger which will place a back bet
using the lay price of the last matched bet and reducing the price by say 20%.
example.
lay price 1.60 lay bet 5.00 matched
lay price * .80 = 1.28
back price 1.28 back bet 5.00
I tried
back price bm_layp*.80 bet amount 5.00
But it doesn't work.
Can you shine some light on this por favor
Merci
R
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My grandma taught me not to run downstairs and never back odds on.
mcbee
Élite
Posts: 3698
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Re: back price formula help
«
Reply #1 on:
13 May 2014, 22:23 »
hi
the trigger should be
back
bm_layp*.80
5
conditions as per your system plus
and selections lay matched is greater than 0
without the above condition, the trigger will try to place a bet with a bet amount not known, so no bet will be placed.
mcbee
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racepro
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Posts: 829
Re: back price formula help
«
Reply #2 on:
13 May 2014, 22:53 »
Thanks mcbee for the quick reply.
I'll check it tomorrow when there is some betting action.
cheers
R
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My grandma taught me not to run downstairs and never back odds on.
racepro
All members
Posts: 829
Re: back price formula help
«
Reply #3 on:
14 May 2014, 07:20 »
Hi mcbee,
Not sure why I get a higher back price than the last lay price by using a .85 multiplier
my settings are.
back price bm_layp*.85
actual bets
lay 1.57 5.00
back 1.78 5.00
I expected using this formula would produce the following:
lay 1.57 5.00
back 1.33 5.00 (1.57*.85)
Please tell me where I am going wrong
Many thanks
R
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My grandma taught me not to run downstairs and never back odds on.
demon
All members
Posts: 163
Re: back price formula help
«
Reply #4 on:
14 May 2014, 18:04 »
1.78 was probably the best available price when it placed the back bet...
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racepro
All members
Posts: 829
Re: back price formula help
«
Reply #5 on:
14 May 2014, 18:20 »
oops, I had forgotten to place a max price required in the conditions.
Thanks D
R
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My grandma taught me not to run downstairs and never back odds on.
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