hedge

[allrampage]

hi there
can you please tell me what can i do if i want to trade an event/horse etc and to win the money if the selection loses? if let's say i backed a horse at 10 using 100 stake and want to lay it at 9. with geek's toy i can equalise for 11.11 if i'm not wrong. but i am confident that the selection will lose and i want to lay it for 112.5 to have a profit of 12.5 if it loses. please tell me what can i do to do automaticaly this...without making calculations every time i do this
thanks in advance

[Temujin]

hi there
can you please tell me what can i do if i want to trade an event/horse etc and to win the money if the selection loses? if let's say i backed a horse at 10 using 100 stake and want to lay it at 9. with geek's toy i can equalise for 11.11 if i'm not wrong. but i am confident that the selection will lose and i want to lay it for 112.5 to have a profit of 12.5 if it loses. please tell me what can i do to do automaticaly this...without making calculations every time i do this
thanks in advance

Forgive me if I am wrong, but if you are using liability staking mode, a straight trade will profit all but the selection you are trading which will show a 0 profit. To hedge from here, you simply are backing the horse for a portion of your profits from the field.
So my answer, from memory (who am I?), is to simply use liability staking mode, and don't hedge, and you should have what you want?

[allrampage]

Forgive me if I am wrong, but if you are using liability staking mode, a straight trade will profit all but the selection you are trading which will show a 0 profit. To hedge from here, you simply are backing the horse for a portion of your profits from the field.
So my answer, from memory (who am I?), is to simply use liability staking mode, and don't hedge, and you should have what you want?

i really don't understand your ideea. if i select liability as staking mode what? i still have the green equalise column on the left
what i want is to back a horse and when i lay it after, to lay it with bigger stake so to win only if the horse loses and to have 0 profit if the horse wins the race. i hope this time i made myself understood
thanks for interest anyway

[doubleback]

I can see the benefit of that allrampage, i know that people have previously asked for the equations for a variable hedge or lop sided hedge before and essentially that is what you are doing in that you leave 0% green on the horse that you are trading, this could be applied to the footy for instance, correct score etc, you can always try and ask The Geek if he will consider it but as of yet it is not included.

So it goes something like:

((Back Odds - 1) * Stake) / (Lay Odds - 1) = Lay Stake = Level green for every other horse apart from the one you traded on.

[Temujin]

i really don't understand your ideea. if i select liability as staking mode what? i still have the green equalise column on the left
what i want is to back a horse and when i lay it after, to lay it with bigger stake so to win only if the horse loses and to have 0 profit if the horse wins the race. i hope this time i made myself understood
thanks for interest anyway

I don't understand?
If you use liability mode, you will have something like this after a trade. Consider a 3 event market, maybe sport with a draw or something:

Liability 1000 selected.
Back first, @ 3.00. Bet amount is 500 placed at 3.00
Lay second, @ 2.00. Bet amount is 1000 placed at 2.00.

Your position now.
Team A 500@ 3.00 Back, 1000@ 2.00 Lay, or a 0 position on this team.
Team B + 500
Draw + 500.

Using liability mode, you have backed once, layed once, and you have a ZERO position on your traded selection, and the same green across the rest of the field.

If that isn't what you asked for, I don't know how to read.

The amounts placed are worked out by the Toy due to the 1000 liability mode being selected. The bet the Toy will place will be 1000 / (odds -1), regardless of where you place the bet, and as such, a straight back/lay trade, will ALWAYS give you a ZERO position on your traded selection, and green across EVERYTHING ELSE. (disclaimer: of course, if whilst placing your bet you soak up some other odds, this figure will be slightly out due to getting better value than you asked for)...

[Temujin]

I can see the benefit of that allrampage, i know that people have previously asked for the equations for a variable hedge or lop sided hedge before and essentially that is what you are doing in that you leave 0% green on the horse that you are trading, this could be applied to the footy for instance, correct score etc, you can always try and ask The Geek if he will consider it but as of yet it is not included.

So it goes something like:

((Back Odds - 1) * Stake) / (Lay Odds - 1) = Lay Stake = Level green for every other horse apart from the one you traded on.

Am I just speaking rubbish here or something? His answer will be, it is already there, just use liability mode ffs.
And if you happen to trade a couple of selections and end up with smaller greens on the 2 traded horses by doing this and you want one of them to hold zero, then you still use liability mode, and set the liabillity to its profit, and lay it again ...

ffs

[doubleback]

Did someone ffs say something....................ffs...........





Do you often feel that ffs way Temujin in life ffs, often feel that you are not being listened too ffs

You're absolutely correct however, just set the stake to liability ffs ffs ffs.............

[Temujin]

About time ffs...