Author Topic: New Trigger - Staking plan for place markets  (Read 3429 times)

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New Trigger - Staking plan for place markets
« on: 04 Jul 2014, 12:29 »
Hi, could you make the following trigger:-

Back and lay in the place horse markets on the same horse at the same time before inplay. The horse can be fav, sec or third fav - using a constant/variable to select.

The back amount should be fixed and be about £5 - but could be altered.

However alter the lay stake amount so that it is smaller than the back stake amount and a fixed amount is won each race(determine by a constant/variable this can be as little as 50p) if the horse places etc. This will  have to take into account he odds etc.

Min odds and Max- acceptable odds should be available via a constant/variable.

If the horse loses the amount lost (which should be about £1 ish) should then be moved to the next race and got back by reducing the lay amount further to take into account the loss and winning the fixed amount on the new race- this should continue - reducing the lay amount each time until a winner is found.

If it is not possible to reduce the lay amount any further to recoup the losses- because of the number of losers - then a straight back only senairo should start to recoup the loses and win the fixed amount. When a winner is found the trigger should reset back to using back & lay.

Thanks in Advance.
Chris


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Re: New Trigger
« Reply #1 on: 06 Jul 2014, 14:46 »
hi
i am working on the trigger now.


mcbee
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Re: New Trigger
« Reply #2 on: 06 Jul 2014, 14:49 »
hi
if the losses are more than the lay can adjust, do you want the back bet to be increased to recover the loss or just to win your set amount.


mcbee
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Re: New Trigger
« Reply #3 on: 07 Jul 2014, 13:34 »
hi
interesting staking plan.
here is your trigger
in the constants you can set
bet amount
selections rank
minimum back price
maximum back price
minutes before the start time to place the bets
amount to win if the selection gets a place

the triggers will place a back and lay bet if the back price is within your set price,to return your set profit.
if the selection lost then the next bet will reduce the lay bet amount to recover the loss,if the loss is more than the lay bet can be lowered then the back bet will be increased to recover the loss.

please use test mode until you are happy with your settings

mcbee

download the trigger below
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: New Trigger
« Reply #4 on: 08 Jul 2014, 14:10 »
hi
should be another request.
here is yout trigger altered.

mcbee

download the trigger below
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: New Trigger
« Reply #5 on: 15 Jul 2014, 07:59 »
I've just looked at the trigger description and I'm curious. I can't see the point of backing and laying on the same selection, when it is equal to backing a smaller amount, as the two stakes eliminate each other's liabilities. Would you share your thoughts chris?

Great job with the triggers mcbee!
Always try your triggers in Test Mode before switching to real money!

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