Author Topic: distribute loss using back bet  (Read 2974 times)

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distribute loss using back bet
« on: 18 May 2014, 21:07 »
Hi,

I would like to evenly distribute loss by the following method and wondered if an option is available or what formula I could use. In both cases using the Fav (same)
example:
Lay   1.30   5.00
dist loss when back odds drop by 20% so would do the following
calculate 1.30 * .8 = 1.04
so the bets would be
         Odds   Amt     Prof/Loss
Lay   1.30    5.00     -1.25
Back  1.04    6.25    -1.25

How can I arrive at the above "back" bet
Many thanks
R
My grandma taught me not to run downstairs and never back odds on.

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Re: distribute loss using back bet
« Reply #1 on: 19 May 2014, 08:47 »
hi
it would be better to use the distribute loss trigger, with the condition
selections lay matched is greater than 0
and selections back price is equal or less then bm_layp*.80


mcbee
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Re: distribute loss using back bet
« Reply #2 on: 19 May 2014, 12:06 »
hi mcbee,

I used spread loss trigger but that spreads whole loss to other player.
The Distribute Loss between selections trigger requests either number of ticks or percentage profit. Ticks is not an option and there is no % profit.
I thought there was a Distribute Loss trigger that spreads loss evenly ?

any remedy ?
Thanks
R
My grandma taught me not to run downstairs and never back odds on.

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Re: distribute loss using back bet
« Reply #3 on: 20 May 2014, 03:32 »
hi mcbee,

I will try using 'distribute loss between selections' with a setting of 20% profit although I am confused as it is a loss I am trying to distribute.
R
My grandma taught me not to run downstairs and never back odds on.

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Re: distribute loss using back bet
« Reply #4 on: 20 May 2014, 05:18 »
hi
with the distibute loss it is when your loss is at minus 20%


mcbee
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Re: distribute loss using back bet
« Reply #5 on: 20 May 2014, 23:31 »
Hi mcbee,
So should I use the following:
distribute loss between selections
based on profit%   profit % -20
If not what should it be
Many thanks
R
My grandma taught me not to run downstairs and never back odds on.

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Re: distribute loss using back bet
« Reply #6 on: 21 May 2014, 12:58 »
hi
you only need to put 20 , not minus, the trigger will do the rest.


mcbee
Please read the following  disclaimer with regards to the information you may request and obtain on our forum. This specifically concerns trigger files and various instructions as to how to implement a strategy.

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Re: distribute loss using back bet
« Reply #7 on: 21 May 2014, 15:10 »
hi mcbee,

Thanks it worked this time.
Not sure why it didn't fire when tested earlier.
Cheers
R
My grandma taught me not to run downstairs and never back odds on.

 

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