Common questions about general bot settings and functionality
Overround or book percentage, gives a measure of the competitiveness of the prices on offer. It is calculated by adding up the individual percentage chance of every selection based on the price that i...
Back/Lay Ratio is important rule that calculates difference between available Back and Lay price for single selection. When Back price is close to Lay price then the offer is valid and good e.g. Back...
ROI - Return On Investment setting is used to prevent bot from staking high amounts of money when trying to win small target profit. This setting is available in rules that use dutching logic and are...
Simulation mode is realistic when your strategy is set to place bets at currently available market prices and while your bet sizes remain small. If your bet size is large e.g. £200 or more then simula...
Main STEAMERS/DRIFTERS tab displays recorded minimum and maximum back, lay and last matched price. Those recorded prices are compared with available market price at time of bet to determine price chan...
If you have a Twitter account then you might want to publish information about placed bets automatically, allowing you and your followers to get notified whenever bot places bet. At "Tools&S...
Bets are placed at price that is set by one of "Price setting" rules. In most cases you will be using "Price settings->Price rules" rule to set price at which bets will be placed by...
Overall loss recovery rule is designed to recover all strategy losses by increasing bet size after a loss. There are cases when loss recovery is not increasing bet size to recover loss and this can ha...
Betfair provides sex_type for horse selections and following values can appear: f - filly m - mare c - colt g - gelding h - horse r - rig
Simulation mode is using Betfair delayed prices data and real mode is using live prices data. This functionality is used to protect live exchange servers from being overloaded by users that keep runni...
Bets and results history is displayed at main BETS and RESULTS tabs. On bot start filter is added to those grid views so that it filters records by their placed date and start time, that is only rec...
Each version of our software has options that allow you to set your Betfair/Betdaq/Matchbook commission rate, so that bet size and overall market profit get adjusted by this value. This will give y...
No, it is not possible to run some strategies in real mode and others in simulation mode. But you can run second bot instance on another computer, laptop, VPS or virtual machine in different mode. Y...
Yes, bot can place bets below Betfair minimum size. But you should also place regular bets with sizes above Betfair minimum size or that satisfy Betfair "Minimum Bet Payout" rule. Beside m...
When placing bets before start time, that is before market turns in play, it is possible to set your strategies to use "Staking->Bets persistence" rule and to set "Keep" bet persist...
From version 3.1.12 bot will automatically get live scores, match information and historical results from our server that gets data from third party service. This means that all users of v3.1.12 o...
Bot displays profit/loss for each strategy it runs and it also displays overall profit/loss from all bets placed by bot. Those values only exist within bot and are calculated by bot by using only plac...