Author Topic: [TR] Cash out trigger  (Read 1555 times)

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[TR] Cash out trigger
« on: 04 Aug 2016, 14:35 »
Can you quote me for a cash out set of triggers for the Correct score market in soccer.
the cash out button on the betfair website is a great tool but is not available through a simple trigger via Marketfeeder and the API as far as I know.
The cash out button is not 100% accurate as it will cash out selections that have already been settled as it were by goals being scored.
So the triggers need to know where we are on the score and spread the loss and the profit evenly but leaving the losses on selections that can not win.

I need to control profit level to achieve.
book% minimum as a market that is fully formed to fire the trigger so it does not just go off at the minimum profit on a market back from being recently suspended on a goal scored when bigger profits could have been made.

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Re: Cash out trigger
« Reply #1 on: 24 Aug 2016, 20:18 »
Hello!

Please see your triggers attached.

Using the constants, you can adjust the percentage of profit you want to achieve from a cash-out (we call it "green-up" in MarketFeeder Pro), the number of minutes you want to wait after a market has been suspended for it to settle, and the minimum and maximum market book % (back book%).

Please be aware of the fact that if you set your book% limit too low, you might lose on trade-out opportunities later into the game when the score has opened, as the prices of the losing score selections will go up and affect the book%.

I assume that you will enter the market either manually or using some other trigger or tool, so I only included the trigger for greening up (cashing out).

In order for this trigger to work correctly, please tick the option "Download match score" in the "Monitoring Options" tab.

Don't forget to first test the triggers in Test Mode.
Always try your triggers in Test Mode before switching to real money!

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