Backing The Favourite With Loss Recoupment


Back the favourite at 20 sec after the off, to a profit of £10, but only if its price is above 2.0 and the second favourite's price is no less than 10 ticks above the favourite's price. If the bet won then stop all betting, otherwise bet to produce £10 + the previous bet size in the next market, on the same conditions.


Click here to download the trigger file

Short Explanation

The first condition of the trigger makes sure that the favourite's price is greater than 2.0. The second condition checks if the second fav is at least 10 ticks from the first fav, through the function r_ticks(r_1_back_price, 10). The third condition is needed to stop all betting if the bet has won. Finally, the last condition executes the trigger between 19.8 and 30 sec after the off (to cover possible refresh delay).

The formula in the "Amount" field has an IF function:

IF(last_won=0, 10/(back_price-1), (10+hist_1_backa)/(back_price-1))

If the last won amount is equal to 0 (no bets were placed yet), it backs to the profit of £10. However, if last_won is less than 0, it backs (10+hist_1_backa)/(back_price-1), which means "to the profit of £10 plus the back bet in the last settled event".

If you have not heard of BetFair yet or do not have an account, register today and get £20 free. Use the link below:
New customers only, bet up to €/£20 on the Exchange and if your first bet loses, we’ll refund you €/£20 in Cash. Bet must be placed in first 7 days of account opening. T&Cs apply.
Gamble responsibly! Always be aware that betting is NOT risk-free. You must be 18+ years old before you try gambling, but even as an adult, withhold from spending money in an ill-judged manner. Our company does not encourage you to prefer gambling over other meaningful activities. If gambling is affecting your life or the lives of people close to you, please contact GamCare
© 2005-2023 WellDone Creative Software. All rights reserved. Terms and conditions.
BetFair® and the BetFair Logo are registered trade marks of Flutter Entertainment plc. Gamble responsibly.