Matched price vs Required price

Hi All,

Can anyone help me to identify the gap between my bet back price and the matched back price? I am sure it is simple but I seem to be brain dead this morning - I should have had a drink last night!

So, I place a bet and have calculated the price I want to back at is, say, 6. The bet is placed but the price has moved and I get matched at say 7.

If the price has moved fast and far, I might get matched at say 10. How do I identify these ones where the matched price is more than 'X' from the last back bet target price?

Any thoughts welcome please. thankyou.

PS: in case it affects any suggestions I am betting on multiple selections in any one event in the UK horse racing markets.

Hi Alfaman

I may have totally misunderstood your request (I'm pretty good at that!) but would bm_backp help you? it records the price of the last back bet that you placed on a selection (or bm_layp if it's a lay bet). So if the number of ticks between the current price and the value recorded by bm_backp is a certain number of ticks that would give you your answer maybe.

g_ticks(bmbackp,back_price) might work?

Thanks Armarnni,

I thought of something like that but it is the difference between bm_backp and the price that I triggered the bet at - which was calculated at the time from market signals.

It is almost like I need to "Remember" the value in the "Price" box at the moment the bet is placed but I would need to do that for every selection that I have bet on and refer to them individually in a trigger.

All I can suggest is like you say, a variable that sets with the value of back_price when your triggers number of runs per selection is greater than 0. (but like you say, I think that would overwrite with a new value each time the trigger fired for another horse.)

Not much help for you I'm afraid, sorry

hi
you said but it is the difference between bm_backp and the price that I triggered the bet at - which was calculated at the time from market signals.
what do you do to TRIGGER,THE BET AT , is it manual or auto , variables are our godsend , use them..

mcbee

McBee, thanks, lets say I trigger the bet at back price, at 6 and it gets matched at 10.

Please can you explain how I use a variable to record the "6" so that if the matched bet is at "X" points higher than 6 I can trigger an appropriate lay.

hi
sorry for the late reply'
if you want to lay X higher or lower than the matched back price you would use
to lay at a lower price
and selections trigger expression lay_price is equal or less than r_ticks(bm_backp,-X)
to lay at a higher price
and selections trigger expression lay_price is equal or greater than r_ticks(bm_backp,X)

mcbee

Matched price vs Required price

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