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By Roland
#31035
Hi,

I just set up "hedge to minimize loss, when loss is greater than x% of current exposure" at 10%.

Now it does not seem to do it.
ON the example I am attaching, the bot placed a £5 bet at 3.95.
Odds went down and bot placed a Back bet at £2.7 which gives a loss of £2.71 which is far off %10!

I attached screenshots.

Regards,

Roland
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User avatar
By BfBotManager
#31036
Hedge executes if loss is greater than 10%, not exactly 10%.

If odds move because of scored goal then they will move a lot and it will be impossible to get 10% loss. So in that case bot hedges your bet at available market odds that create higher loss.

You also set back/lay ratio to 600%, which means that hedge will execute when market offer is bad e.g. back price 2.0 and lay price 4.5. Change back/lay ratio to 25% so that hedge only executes when market offer is good/valid.