search

markwilliamsr / betfair

0 stars 0 forks source link

Lay and Cover Algo #2

Closed markwilliamsr closed 9 years ago

markwilliamsr commented 10 years ago

Take a min percentage profit, cash out when a goal is scored.

markwilliamsr commented 9 years ago

Look at all the open markets for O/U score +1 Find one with low Lay Odds Lay it e.g. 2.0 Lay @ 1.5 = 2 (add cash), 1 liability Wait until a goal is scored Close it out e.g. 1 Back @ 3.0 = 3 win (2 profit) Total exp for loss = 1 total for win = 1. Spend = 1 (if over) with + 2 from Lay, 1 (if under) with +2 from Back.