Lay bet

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Lay bet

Postby Aby1950 » Sat Dec 12, 2009 5:34 pm

Hi everyone,

I just joined your community.

One question about BA:

Every morning I make several back bets and a lays
bet accordingly in the afternoon.
As tke market goes in the right direction no problem but
it happens that is goes in de wrong direction.

Does anyone knows how I can protect my stake with BA.
In other words should the market goes in the wrong way , the software
will have to put a lay bet to reduce my liability.

I think that stop loss should be a way to achieve this goal but I am not
sure and don't know how to get it work.

Any suggestions are welcome .
Aby1950
 
Posts: 2
Joined: Sat Dec 12, 2009 5:23 pm

Postby sjaak1943 » Sat Dec 12, 2009 5:50 pm

See Excel trigger 2 threads down!
sjaak1943
 
Posts: 174
Joined: Tue Oct 31, 2006 9:50 pm
Location: Schagen, the Netherlands

Lay bet

Postby Aby1950 » Sat Dec 12, 2009 6:16 pm

Hi Sjaak,

Thanks for your post.

Could you please give me a link to this topic ?
Aby1950
 
Posts: 2
Joined: Sat Dec 12, 2009 5:23 pm

Postby sjaak1943 » Sat Dec 12, 2009 6:28 pm

sjaak1943
 
Posts: 174
Joined: Tue Oct 31, 2006 9:50 pm
Location: Schagen, the Netherlands

Postby milfor » Sat Dec 12, 2009 6:33 pm

I recommend a look at the user guide in the help menu of BA, chapter 'Betting Options' if you want to enter the stop loss manually or 'Using Excel' if you want to automate it. Note that you have to leave the market open in BA in order to make the stop loss work.
milfor
 
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Sports betting software from Gruss Software


The strength of Gruss Software is that it’s been designed by one of you, a frustrated sports punter, and then developed by listening to dozens of like-minded enthusiasts.

Gruss is owned and run by brothers Gary and Mark Russell. Gary discovered Betfair in 2004 and soon realised that using bespoke software to place bets was much more efficient than merely placing them through the website.

Gary built his own software and then enhanced its features after trialling it through other Betfair users and reacting to their improvement ideas, something that still happens today.

He started making a small monthly charge so he could work on it full-time and then recruited Mark to help develop the products and Gruss Software was born.

We think it’s the best of its kind and so do a lot of our customers. But you can never stand still in this game and we’ll continue to improve the software if any more great ideas emerge.