Partially completed bet, hedge it

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Partially completed bet, hedge it

Postby SenseiCRO » Wed Apr 04, 2012 5:25 pm

Hi.

I'm not sure if this post is in the proper section, move it if it's wrong.

So, I program my own Excel bots and now I've encountered one thing that I cannot resolve. That is partially completet bets.

I put my bets (ie BACK bet) in the proper excel cell, and sometimes they are partially completed and it is shown in cell. Now, I need to put the Hedged bet (ie LAY bet) to complete the trade. If I put the hedged bet when the first bet is completed than I might not complete the trade with the hedged bet. What I need is to put my hedged bet immediatly when one or more parts of the bet is completed, and not wait until it's completed.

I hope that I was clear, so somebody might help,

thanks,
Dean
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Postby alrodopial » Wed Apr 04, 2012 10:16 pm

Use the fill or kill trigger eg BACK-F5 and after eg 6 secs check for the amount and odds matched at columns V,W for use in your hedge bet
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Postby SenseiCRO » Thu Apr 05, 2012 3:55 pm

It seems that I wasn't much clear, so I'll do one example now:

Suppose that I BACK $100 at price 2.00 for the first horse.
I do it in excel like this:
CELL R5 = 2.00
CELL S5 = 100
CELL Q5 = BACK

after some time, part of my bet is matched and excell cells say:
CELL V5 = 2.00
CELL W5 = 40
so $40 of my $100 bet is matched at the 2.00 price.

I don't want to wait that complete bet is matched to proceed with the LAY bet at 1.99. Instead of that I want to HEDGE LAY immediately according to the matched volume of my back bet.

So, at the moment when my back bet is partially matched, I want to put my HEDGED LAY bet, so as in the example above, I would do the following:
CELL R5 = 1.99
CELL S5 = 100.50
CELL Q5 = LAY

But, if I do that, I cannot control my first, BACK bet if it is completely matched or not.

How can I control my all bets, matched or partially matched?
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Postby SenseiCRO » Thu Apr 05, 2012 3:57 pm

sorry I made a mistake in the HEDGED LAY bet, so it should be:

CELL R5 = 1.99
CELL S5 = 40.20
CELL Q5 = LAY
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Postby Captain Sensible » Thu Apr 05, 2012 7:31 pm

What triggers are you using ? BA already has settings whereby any partial match will be offset rather than waiting for a full match. Look at the fill % settings in the tick offset box as that controls when offsets will be triggered by % matched
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Postby SenseiCRO » Fri Apr 06, 2012 7:26 pm

I don't trade manually. The bot I made trades for me.
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Postby AndrewP » Mon Apr 09, 2012 10:51 am

Are you using an offset trigger modifier (either T or P)? If so, are you saying that using Excel a partially met back bet is not automatically layed?
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