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51
Triggered betting / Re: Trigger following odds movement / Steams
« Last post by Tvorec on 03 Mar 2024, 06:32 »
Thanks MarkV

Yes, I did turn to the MF support for help. I didn't know about the Bf plicy for usage of data and closing accounts. 
I do infact bet at least 1 000 GBP daily (back + lay stakes). I hope there will be no problem for using such a resource and monitoring so many markets. And this is at the top of my regular strategies, for which I do use different PC/MF login. I set the transaction limit up to 400 on both copies. The other point is that I don't know how heavy the trigger will be. I mean in API requests terms. 

Wait and see what will happen.
52
Triggered betting / Re: Trigger following odds movement / Steams
« Last post by MarkV on 01 Mar 2024, 16:14 »
Hi
As an example attached screenshot shows conditions for alert which are:
(in either direction)
tick difference over 1 minute equal or greater than 2
and tick difference over 15 minutes equal or greater than 4

second screenshot shows the alert.  the numbers in the columns are:
tick difference over 1 minute
tick difference over 15 minutes
it picked up the drift on Bayern quite nicely  
  
53
Triggered betting / Re: Trigger following odds movememnt
« Last post by Tvorec on 01 Mar 2024, 11:58 »
Additional note: 
I realize that the best way to measure steams is in Percentages. Ticks does not work well because of the ticks size for different odds ladder (1 for 1.1-2, 0.2 for 2-3 etc). Good measue will be odds movement / odd
example: if odds moves from 1.67 to 1.65 these are 3 ticks, (0.3) but in Percentage is 1.796% - 0/3:1.67
same for bigger odds - price moves from 4 to 4.6 - these are 0.6 price difference -0.6 - 0.6:4 = 15% (minimum 5% move)

Am I right about that?
54
Triggered betting / Re: Trigger following odds movement / Steams
« Last post by MarkV on 01 Mar 2024, 10:54 »
Hi
No problem making a trigger to alert on price movement. There are probably some ready made triggers that could be adapted, or you could have a trigger to your specification through the trigger development service.

There is a variable tdif_ (see helpfile) which will measure tick difference over any length of time.

But if you will be monitoring many markets for hours then you will need to put some money into those markets or Betfair may consider your usage of their API as business usage.
55
Triggered betting / Re: Trigger following odds movememnt
« Last post by Tvorec on 01 Mar 2024, 06:47 »
I think I got clearer now: copy from the message board
I have been trying to figure out a solution to implement. I need a trigger that notifies me (no bet placed) when there is some minor/major movement in a market/selection/. I am going to use it for arbitrage with other bookmakers. The idea is that the price moves first at BFexchange compared to the bookie I use. The problem is that right now I have to compare odds manually by myself, it is daunting task with some questionable result. I like this to be automated. Any ideas and suggestions are welcomed. Here is the idea

1. All bets will be placed Before kick-off. No in-play! 
2. Major soccer games only *Premiership, Bundesliga etc.  - I need to follow up to 30-50 markets daily. Only Match odds markets - 100-150 selections in total.
3. When there is some minor/major Leap / tick movement (doesn't matter up or down) in ANY of the Markets/selections added - Notification

I figured that I shall use MF in Full mode. And here are my doubts - I am not quite sure which price differences / periods of time to use. I have to choose (0.5, 1, 2 min) by default. I am thinking more of a 0.5, 2 and 30 minutes. Short time for the knowing of the beginning of the action and long time to be sure that the market is interesting and not completely settled at equlibrium. (fair price are achieved). 

It should be something like : 1 STEP:  If there are > 2/3 ticks ( price difference) movement for 0.5 minute interval (1st option - I will change it in settings) - Notification OR
2nd Step - the longer period - 1 minute (second option - change it ) the price different is bigger than that  in the first step. (4-5 ticks).
OR 3rd step - longest period (5 minutes which again will change accordingly) lets say the sum of previus stem (2+4 ticks in total) or manually set to 10 if I wish.

I hope you get the idea. Thank you !
56
Triggered betting / Re: Modify trigger request
« Last post by bobbbb on 29 Feb 2024, 21:03 »
Also, please could you add a daily profit limit, so the trigger stops when x amount of profit is reached, and resets for the next day.

Many thanks.
57
Triggered betting / Trigger following odds movement / Steams
« Last post by Tvorec on 29 Feb 2024, 19:46 »
Hello guys, 

I have been trying to figure out a solution to implement. I need a trigger that notifies me (no bet placed) when there is some minor/major movement in a market/selection/. I am going to use it for arbitrage with other bookmakers. The idea is that the price moves first at Betfair compared to the bookie I use. The problem is that right now I have to compare odds manually by myself, it is daunting task with some questionable result. I like this to be automated. Any ideas and suggestions are welcomed. Here is the idea

1. All bets will be placed Before kick-off. No in-play! 
2. Major soccer games only *Premiership, Bundesliga etc.  - I need to follow up to 30-50 markets daily. Only Match odds markets - 100-150 selections in total.
3. When there is some minor/major Leap / tick movement (doesn't matter up or down) in ANY of the Markets/selections added - Notification

I figured that I shall use MF in Full mode. And here are my doubts - I am not quite sure which price differences / periods of time to use. I have to choose (0.5, 1, 2 min) by default. I am thinking more of a 0.5, 2 and 30 minutes. Short time for the knowing of the beginning of the action and long time to be sure that the market is interesting and not completely settled at equlibrium. (fair price are achieved). 

It should be something like : 1 STEP If there are > 2/3 ticks ( price difference) movement for 0.5 minute interval - Notification AND
2nd Step - the longer period - 1 minute the price different is bigger than that  in the first step. (4-5 ticks).

I hope you get the idea. Thank you !


58
Troubleshooting / Re: Execution of Trigger
« Last post by MarkV on 29 Feb 2024, 09:50 »
Ok.
In case you haven't seen it there is a good article on repeating triggers here. 
59
Troubleshooting / Re: Execution of Trigger
« Last post by MartinSteiner on 28 Feb 2024, 23:56 »
Hello Mark, 

thank you very much for your explanations. I did further experiments and found this:

If I repeat a block, complete it with close block and configure the triggers within the block with "once per market", the trigger is executed less often, but when the trigger is executed the bets, regardless of whether they are open or closed, are current.

If I only execute a block once and leave out the "close block", but configure the triggers within the block with "execute no more often than xxx seconds", it is not certain that the list of bets the trigger sees, is current. What certain is: the trigger is always executed after an refresh of the market. Even if I set the trigger to 1 second, it doesn't execute more often than the refresh rate of the market.

Depending on the strategy, I have to decide whether to execute the trigger quickly or only execute it when the market and bets are both current.

Thanks again and happy betting!
Martin


There is no shame in not knowing anything, but there is shame in not wanting to learn anything. Plato 427–348 8)
60
Troubleshooting / Re: Execution of Trigger
« Last post by MarkV on 28 Feb 2024, 15:17 »
Hi Martin
I think this is to do with the Close Block trigger. The close block trigger will wait for an updated list of bets before triggering and closing the block. In your example trigger if you set the block repetition to just once, disable the close block trigger, and the set tr_set_vars trigger to repeat no more often than 30 secs it will trigger at the correct interval.  
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