Laying in Total Goals with loss recoupment BetFair betting bot - MarketFeeder Pro - triggered automated betting software

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The following triggers will work only in a specific type of market: "Total Goals" in Soccer matches. Its staking principle (handicap with any number of winners) makes it possible to recoup the loss from the bet placed on the first outcome in a bet placed on the next outcome.

So what the triggers do is: in the beginning of the match lay on the "1 goals or more". Once the first goal is scored, lay on the "2 goals or more" the amount equal to the first stake + the amount lost in the previous bet. If another goal is scored (and "2 goals or more" is an actual winner), place the next bet on "3 goals or more" and so on.

You can lose all of your bets in the following two cases:

1. If the teams score 7 or more goals (4:3, 4:4 etc.). It will mean that all your lay bets will be lost. There is apparently no way to prevent this, unless you somehow believe that the chosen teams' defence is strong enough to prevent such outcome.

2. If there is literally no lay price available for the selection you are laying on. This may happen in markets with low liquidity, especially towards the end of the match. You might try to avoid such markets by adding a condition that checks the market's volume. In the example this condition is already present. Change the value in the condition starting with "Market's Volume is equal or greater than ..." to modify it.

Right-click here to download the trigger file.

Note!
These triggers will only work in markets where the score is available, provided you have turned on the setting "Download match score" in "Monitoring Options". If either of these conditions is not met, no bets will be placed.

Here is an example of how the triggers will lay. You can see that the loss generated by the first bet is then recouped by the following bet. So the total P/L in this case will be £2.

You will most probably want to try these triggers in "Test Mode". I should warn you at once that getting the real outcome and settle bets based on the result of the match will not be possible. BetFair do not include "Total Goals" in their RSS service. So you will have to settle these markets manually, by the last price or by choosing the winning outcome from the list of selections.

comments:

toro6386 @ Thu, 10 Dec 2009 18:30 GMT
l'idea è ottima,ho postato sul forum la mia proposta di miglioramento.
Maurizio.
Feeder @ Thu, 10 Dec 2009 20:09 GMT
Bene, Maurizio, tenterò di implementare la tua idea e modificare il trigger un po'.
poppy @ Thu, 08 Apr 2010 21:33 GMT
secondo me deve arrivare fino al 7 o più gol come mai si ferma al 5?
console @ Thu, 28 Jul 2011 18:20 GMT
As football is all about goals and very few games finish 0-0 it is worth adding an extra trigger so that the first bet is not placed until after the first goal has been scored.
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