In-Play Back Bet

Hi,

I have been playing around with the Bot Executor but am having problems getting a bot for my specific needs. Basically, I want to select one or more horses in a race and when a certain criteria has been met in-play then I would like the bot to place the bet. For example, if horse a's odds go in-play between 2.1 and 2.5 I would like the bot to place a £2 bet at 2.0. I hope this makes sense and that you can help.

 

Cheers,

Matt

Comments (3)

  1. StefanBelo Says:
    Friday, October 30, 2009

    Matt, I hope you read this article: Horse racing and stop loss in-play, as it basiaclly describes pretty well what you should have to do.

    Your action you want to be executed by Bot Executor is to place a bet, so you have to create bot criteria setting for Place bet bot, so select place bet bot on the Bot Setup page and set following parameters:

    • AllowPlacingBetInPlay: True
    • Bet Type: Back
    • Odds: 2
    • PlaceBetAtOdds: True
    • PlaceBetOnRunner: 0
    • Stake: 2

    You want to place this bet when your selection (the horse on which you will run this bot) will be traded in the odds range from 2.1 to 2.5. So click on the Selection Criteria page and add two selection criteria:

    • BestOdds >= 2.1
    • BestOdds <= 2.5

    You have to apply these criteria for 0 selection, what means that this criteria will be evaluated for the selection/for the horse on which the bot will be executed.

    You can download this bot criteria setting here, and import the bot criteria setting file:

    BackWhenOfferedFrom2_1To2_5.bcd

    Into the Bot Executor, but I would suggest your to create this bot criteria setting yourself so you will know how to do it.

    If you want to run this bot criteria setting automatically at preset time on all your selection you will select for a racing day, then you can use the tool: Execute my strategy on selections.

  2. bigleb67 Says:
    Friday, October 30, 2009

    Further Question

    Thanks, Stefan. i think I have my head around that now. A further question if I may. I have created a lay bot to go with the bot above. Basically, the first bot will lay before in-play at a given odds parameter and the second bot will back in-play within a given parameter if needed. What I have found is that I can't apply both bots to the same selection in advance. Is this correct and if so is there a way around it?

  3. StefanBelo Says:
    Friday, October 30, 2009

    Yes, that is correct you can run only one bot per selection. If you want to trade you can use a trading bot.

    You can run alternatively the second bot on another selection, but in this case you have to instruct the bot executor to execute your action bot on particular selection, so you have to apply parameter: PlaceBetOnRunner

    And of course you can develop your own custom bot script where you can do what you want, or better to say what you are able to program.

    Have a look at: Betfair bot for this week section of this forum, or other articles about betfair bot programming: Betfair bot programming, trailing stop loss


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