@Simon-Bates I personally rarely let a bet run, but there's nothing wrong with doing so if you think you have decent value from the bet.

Hedging or partial hedging will remove some or all liability. If you're dripping in your backs then you could drip in your hedge bets as well.

If you want to keep it really simple you could just lay for the exact same stake as you backed, which creates a free bet on that selection (if your selection wins you make a profit, if it doesn't then you lose nothing).

There's no right or wrong answer really, other than ensuring the price is right in the first place, but I wouldn't use the cashout button as you'll never really get a favourable price, as convenient as it is.

Also keep an eye on dangerous match events that could send the price flying if you're betting late in the market.

@Patrik-Mellqvist yeah fit it in how you can, or perhaps more importantly how you would like to. I find you have to make sure you are enjoying it to keep motivation!

Nothing wrong with adding in tennis!

@Simon-Bates yes you can trade out manually there, the odds are quite close together

@Christopher-Mcintosh what odds do you get on average for that lay?

I use Flashscore for tennis trading in play stats . Very accurate and scores are only slightly behind bet 365. Bet 365 is my scoreboard and Flashscore for in play. It is very reliable 👍

@Patrik-Mellqvist what strategy was that then?

It's very rare that all traders will follow the same strategies, take BTC for example we all use different strategies.

It's interesting as what you mention is one of the reasons we teach traders to create their own strategies rather than follow other people's tips.

@Robert-Kennedy annoying I was in Ireland last week!

@nick Wicked, I think this could be really smart going forward as well - I will get a form for people set up for the software so that can ask about these Q's

@Peter-Adams brilliant!

Spreadsheet updated up to 19/08/2024 so now one years worth of results tracked (just under 13 months), that’s 622 matches.

Bear in mind the results I have tracked WON’T BE ALL the selections there ever was as some drop in/out of the BTC filter according to a selection’s Betfair odds fluctuations.

I generally get my daily selections from the odds filter in the morning between 06:00-11:00 depending on the day and what I’m doing, so will miss any selections after this time frame, however on the odd occasion during summer league seasons I will check and add any selections available, which can catch the odd overnight/early morning USA, South American, Japanese and South Korean matches but generally I believe I catch the vast amount of daily selections in the morning.

@Patrik-Mellqvist am just means midnight to midday, midday to midnight is pm

@Martin It came in. 0-0

@Patrik-Mellqvist I like the idea but it will be entirely dependent on stakes used and whether or not your strategy is a long term success.

@Patrik-Mellqvist how many wins do you need to cancel out the loss on Over/Under 2.5 and Over/Under 3.5

@Patrik-Mellqvist For automation I just code my own, but BFBM definitely seems to be the most popular here, I think because it's so flexible.

I use BetAngel for any manual trading or if I just want to observe the behaviour of the markets, as I find their ladder interface and charts to be the best.

@Matt-Wood nice one I will add this to the strategy database

@Martin said in Test trading option for Lay O3,5:

@Patrik-Mellqvist is there an inplay angle with these?

Hello @Martin - is my overall feeling after a short sample, but I have compared with the Lay option and made my personal decision to continue with the Under 2.5 goals market as the profits on average and sometimes very high odds give some degree of value compared to the original, that is a simple conclusion after a couple of Set & Forget bets - I find the backing option with correct score and under goal market also being more flexible as I can place them on a pinnacle that allows winning punters.

So I am satisfied and decided to start staking £20 on Betfair after one month, starting Juli and £20 on Pinnacle.
Smarkets is not working as an option as they have a limited amount of leagues compared to the others.

My personal opinion and instinct and the overall feeling is that my solution is a much better solution than the original with a large portion of improvement.
The idea and experiment with a solution for Lay U1.5 but using the correct score and over-goal market did not give expected performance when comparing to Lay O3.5 - the difference in performance is like day and night when looking at the charts and there is no need for a larger sample to see the strength difference in performance in swings and risk/reward ratio.

See for yourself and let the output embrace you 🙂

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@Martin I have another solution for the Lay U1.5 that produces +136 with the same placed bets.
But that approach I will at the moment keep for myself and I will run 10 or 20 to get a feel and estimation observation on the strength in the negative and positive swings to see if I can strengthen the backing option further or skip that idea.

Cheers

The highlights email is basically a small selection of the stats available in the software and on the ratings page.

So for example if the highlights email says "Only x% of home match history had a goal in the first 10 minutes" and that's the kind of thing you want to look out for, you could create the following filter in the stats software:

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Some of the highlights relate to the ratings page. Some figures will already be highlighted in green or red if they're high / low and you can also use the filters at the bottom of each column:

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