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General discussion about Bf Bot Manager v3 software for Betfair, Betdaq and Matchbook betting exchanges
#28781
Hi Andy,

I never tried properly to link all strategies because I was unable to get decent enough filtering on the individual strats.

I think that DN mentioned that if we have fave backing strats which alone are showing an average SR of 40% then we can link them together with a reset for all strats at given amounts to give us a combined target and stop loss.

The thread meandered around with scatterings of things to look for and the system was deliberately never described in clear detail. There was a lot of info. missing and it wasn't possible just to read the thread and create a bunch of strats to do the same thing.

Key messages were:

The importance of research - under what conditions does a fave or outsider win? What's the spread of odds like under different scenarios? Is there a trap bias? etc.

The importance of SR - occasional "tweaking" was required to ensure that all strats maintained a high SR.

The importance of risk management - linking the strats to all reset at the same time prevented getting hit with high stakes losses on bad runs.

The importance of getting the best price - using BSP and not backing at odds which were too low to make any decent profits in the long run - the lowest limit was 1.8 I believe.

The importance of not expecting to get it right all the time - some strategies could pick 2 or 3 dogs instead of just aiming for one winner - however the odds needed to be relatively high to able to eke a profit out of those.