Laying then recouping loss in several steps BetFair betting bot - MarketFeeder Pro - triggered automated betting software

See more:

For version 6.0 or higher.

Lay on a selection priced higher than 2.0 and recoup the loss according to the following scheme.

If the bet lost, divide the loss by a specific number (for example, 4) and set the next bet's size to that value. For example, if lost £20, then bet £5 in the next 4 games. If the loss has been recovered, revert to the initial bet size.

If however another bet was lost before the previous loss was recovered, add the new loss to the existing one and divide it by 4 again, repeating the above steps. Thus another cycle of loss recovery will be started.

Continue this until the whole loss is recouped, or until the maximum stake size is reached, after which reverse to the original bet size.

Right-click here to download the trigger file.

Explanations on the triggers.

The trigger that actually places the lay bet is the last one, called. The other triggers operate different user variables needed for counting the loss that needs to be recouped.

You can set the number of steps within which to recoup the loss. In the given example this number is 4 (the loss is recouped in 4 steps). To change this, edit the value of the "setting the number of steps" trigger.

Also, to change the maximum size of the bet, edit the value of the trigger called "setting maximum bet size".

The triggers take BetFair's commission into account, so the stake size is adjusted accordingly.

Here is an example of how the triggers recoup the loss. Pay attention to the fact that after the first bet lost, there were two wins after which another losing bet came. Analyse how this total loss was recouped in the next four stakes.

comments:

kollijonke @ Sat, 05 Sep 2009 12:53 GMT
Working pretty well. But is it possible if i want the trigger to start acting after lets say 5 losses?
What i mean is that i want to try first to recoup losses with "default_back+last_lost" and when this have been done 5 times in a row and the losses has grown, then the above trigger get in and do it´s work until the losses has been recouped.
bluecap @ Wed, 18 Nov 2009 12:20 GMT
Can this trigger be altered to work on a back system, I have tried altering it but it didn’t work.
tmat @ Wed, 06 Jan 2010 06:35 GMT
It took me a while to work this out but if you have the "delete finished events automatically" checked in the settings, only one bet will be placed and the bet trigger will never fire again. From what I can tell, this is because it cannot identify the previous market as "settled" as it is deleted before the trigger can check. Hope this saves you some time.
incognito @ Tue, 22 Jun 2010 14:13 GMT
Can't get a single trigger to operate today. Yesterday, bets were placed on some races and not others but the stake never changed no matter what the previous result.

Yes, I have triggers switched on,. Yes, I'm monitoring markets.

The manual is great if you already understand MFPro.

It's a pile of shite if you don't.
incognito @ Tue, 22 Jun 2010 15:58 GMT
I've just re-loaded the trigger and restarted MFPro and it's now placing lots of lay bets (all at minimum stake) on several races that have not yet been run.
Wow @ Wed, 11 Aug 2010 16:36 GMT
Hey Incognito, don't blame MF because your PC is running like shit.
Mat @ Mon, 06 Sep 2010 14:16 GMT
Seems like an interesting stakingplan!
I would like to lay a specific selection instead of the favourite and I would like to have a criteria for the odds interval and market laybook-value > 95%.
For the laybook-value I think one can make an and-condition to the Amount in the lay-trigger like "IF(currentloss 95" ?
For the odds intervall -can I add an "and-condition" but how do I refer to a specific selection?
Mat @ Mon, 06 Sep 2010 14:18 GMT
Seems like an intrestening stakingplan!
I would like to lay a specific selection insted of the favourite and I would like to have a criteria for the odds interval and market laybook-value > 95%.
For the laybook-value I think one can make an and-condition to the Amount in the lay-trigger like "IF(currentloss 95" ?
For the odds intervall -can I add an "and-condition" but how do I refer to a specific selection?
Mat @ Mon, 06 Sep 2010 14:24 GMT
For the lay book value I did:
if(currentloss 95
Mat @ Mon, 06 Sep 2010 14:26 GMT
Strange some of the text dissapears!

"IF(currentloss 95"
Mat @ Mon, 06 Sep 2010 16:17 GMT
Ok I have been studing, I saw that if I want to chose a specefic selection, I need to use a "text-file" which define the selection I want to trade on and applay it by "import selection for autotrading".
Comment on this article (no spam, no URLs):

Your nickname: