Announcement

Collapse
No announcement yet.

Heading partially matched bets problem

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Heading partially matched bets problem

    Hello!

    First of I'm new here and gota say- loving The Toy and info rich forums!

    Have a question regarding heading partially matched bets on ladder. I'll start right away with an example as my native is not English and it's kinda hard to explain for me:

    Lets say I place 20 EUR Lay bet at 1.05 and 10 EUR of it gets matched another 10 EUR left unmatched. Lets say I want to place a hedged back bet at 1.06. Normally I prefer clicking the hedged profit column on ladder and Toy does all calculation regarding bet sizing for me. So far ok.

    Now I placed a hedged back bet of 9.90 at 1.06. But I have unmatched 10 EUR lay bet left at 1.05. When it gets matched I now would like to add another 9.90 to my back bet at 1.06- but when I click hedged profit column on ladder- Toy places a back bet of 19.80 (which is correct but I still have my first bet of 9.90 unmatched at 1.06). So all in all I have placed a back bet of 19.80+9.90 at 1.06. Is there a way to avoid this while still using hedged profit column on ladder and with out manual calculation and stake size changing?

    One thing would be to use tick offset but I'm reverse scalping so this means that I have to scratch a lot or take fast one tick losses if things go wrong and with tick offset I just get confused with all this bet canceling and replacing etc.
    I could wait for the bet to be fully matched but good queue position are very important.

    Could you please help me with this?

    Thanks in advance!

  • #2
    The hedge function only hedges what is actually into taken by the market... the unmatched bets don't go into account. Don't really understand what you are saying

    But I have unmatched 10 EUR lay bet left at 1.05. When it gets matched I now would like to add another 9.90 to my back bet at 1.06- but when I click hedged profit column on ladder- Toy places a back bet of 19.80 (which is correct but I still have my first bet of 9.90 unmatched at 1.06).
    Was it matched or not? if yes, when you click the hedge position in the ladder the previous hedge bet will be cancelled and replaced by the new one with the full 19.80.

    Comment


    • #3
      I'm not entirely clear either, but you can change hedging behaviour ...

      Right click the top of the ladder >

      Advanced Betting >

      There are various settings that can be adjusted ...

      On Hedge Bet Drag & Drop Behaviour > Change The Price, or Cancel Then Hedge

      On Market Hedge > Just Hedge, or Cancel Bets Then Hedge

      On Selection Hedge > Just Hedge, or Cancel Bets Then Hedge


      I think having a play with the above settings will make AGT behave as you desire ...

      Comment


      • #4
        Originally posted by RManPT View Post

        Was it matched or not? if yes, when you click the hedge position in the ladder the previous hedge bet will be cancelled and replaced by the new one with the full 19.80.
        Yes it was matched, it will bet canceled if under "Advanced options-->On selection Hedge-->Cancel bets then hedge" will be selected but in that case all other unmatched lay bets lower in the ladder with good queue positions will be canceled as well.

        Thing I would like to achieve is not the cancellation of previous hedged bet but adding another hedged bet taking in to account previously placed hedged bets.

        I'll try to make some screen shots later cuse my explanation obviously sucks . Ty guys

        Comment


        • #5
          NET staking may be what you're after in this case.

          This will place whatever stake has been matched, but on the opposite side, e.g.,

          say you placed 10 euros on the lay side at odds of 3.2,

          7 euros gets matched and the price rises to 3.4,

          if you then right click on the ladder's stake box, on the back side, you will see a grey box,

          in this example the figure should be 7, this is your NET stake.

          If you click on the grey box then 7 euros will be submitted into the market at the price desired.

          3 euros will still be left, in the queue, at odds of 3.2 and you will still need to hedge.

          Comment


          • #6
            I think I understand your "problem". It's taken me a lot of thinking. I think that you may be placing too much emphasis on queues and your position in them. I think that your "thinking" is over-complicated and that the strategy you wish to implement is not possible with this type of software. Correct me if I am wrong but I think you want the software to have regard to specific bets in a market rather than your overall position in that market. To achieve what you want would appear to greatly increase the complexity of procedures for operating The Toy .

            The vast majority of traders want the whole market to be controlled, not individual bets. Most would not want specific bets to be kept when hedging as it could lead to losses if such "kept" bets were forgotten. We already have people complaining about the tick offset and stop loss, and the losses they incur when using them, when they find that they have to cancel them or when they forget about them completely.

            So, I think that this software cannot do what you want. I also hope it is not altered so as to allow what you want because it would cause more problems than it would solve.

            Sorry for using the word "think" so many times. I am a "black and white" person and your strategy does not fit well with my way of "thinking". Keep things simple.

            Comment


            • #7
              I think that we got to love your B&W way of thinking and the way you express it lol

              Comment


              • #8
                I'm still thinking You can achieve your objective by placing an appropriate hedging bet manually and not using The Toy to do the hedging for you. All you need is a pocket calculator or a split screen to determine the appropriate bet. You first bet will be hedged, your second will retain its place in the queue.

                Now I am going to switch my brain off and drink a lot of red wine. Your English is superb for a non-native speaker.

                Comment


                • #9
                  He will like you saying that, RManPT, as Custard is a necrophiliac, or was it narcissist!?

                  Feck, they both apply ...

                  Comment


                  • #10
                    Originally posted by doubleback View Post
                    He will like you saying that, RManPT, as Custard is a necrophiliac, or was it narcissist!?

                    Feck, they both apply ...
                    Necrophilia is "dead boring" for me.

                    Comment


                    • #11
                      ... boom boom ...

                      Comment


                      • #12
                        Thanks guys, I'll try and work around with NET staking and manual calculating. In fact I think my strategy is simply "beginerish" In play soccer I pick games where 2 equally matched teams are playing then if one is leading by one goal (better away team) around 75th minute odds start to drop and one can get cheap lays and reverse scalps for one tick are often possible. If I get hit by a second goal for winning team, well then okay. But sooner or later I will get hit by an equalizer. But ofc my target is that one reverse tick if things go wrong I can scratch most of the time. As one wise man on this forum once said- scratching is the key to success

                        GL to all

                        Comment


                        • #13
                          Originally posted by jenoc View Post
                          As one wise man on this forum once said- scratching is the key to success
                          Another said "don't be a prick for a tick" ...

                          Thank you and goodnight ...

                          Comment


                          • #14
                            Originally posted by jenoc View Post
                            As one wise man on this forum once said- scratching is the key to success
                            My mother used to say, " If you scratch it, it will never get better".

                            Comment

                            Working...
                            X