Laying on SP drifters in handicap races

Description

This trigger example was requested by our customer and first discussed in this forum topic. One of users on the forum suggested to add a condition that prevents a bet if there is a big gap between the back and lay price, which I think is reasonable. The condition has been added to the trigger file, and it stipulates that the back price of the runner should not be below 10 ticks less than the lay price.

What he was looking for is:

There may be a lot of doubts as to the safety and efficiency of this strategy, but it is well worth trying.

Triggers

Right-click here to download the trigger file.

Below is the list of constants you can use to adjust the trigger settings:

bet_size 10 Amount to lay
mins_since_off 0.5 When to place the bets, minutes since the off
market_pattern1 Hcap Market name pattern 1 (you can add more)
increase 100 How much should the price increase compared to actual SP, %
max_price 100 Maximum price to lay at
max_gap 10 Maximum gap between the back and lay price, ticks
min_rank 2 Minimum rank of selection to lay on
max_rank 10 Maximum rank of selection to lay on

How it works

On the day of testing this trigger I did not lose any bet, which can be considered a good sign, but please DO read the following remarks:

Here is a screenshot of the account statement taken at the end of the trading session. The outcome of each event was downloaded from BetFair, so what you see is the realistic results that you may get from this, still very risky, strategy.

Click here to download an Excel sheet containing the full statement for that day.

You can discuss this example on our forum.

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