how do i set up conditional betting , help please

[jumpsfan]

can anyone help me please. i would like to set up conditional betting in gruss but i am a bit unsure how to do it. eg:
i would like to back the favourite, but only if the the last priced matched is between 2.2 - 2.6 , but to put a back bet in at 1.7 .
can i then apply a tick offset to lay it back at 1.1
thanks

[GaryRussell]

Sorry, you cannot specify a tick offset bet when using conditional betting. Excel triggered betting is your only option.

[jumpsfan]

ok thanks

[chaser]

Hi jumpsfan
I think the Conditional Bets function in Betting Assistant is one of the best features and I use it all the time.
If you want to back the favourite, select 'last price matched' from the Check Price option, then from the 'If' option select 'between', then Price 1 would be entered as 2.2 and Price 2 as 2.6 then place a Back bet at the Back price ( which will be falling if the favourite is looking like winning ), for the stake that you require.
You could open another Conditional bet to place your Lay bet.

[jumpsfan]

thanks for the reply chaser.
so if i set it up as you say, and put in "back price" , i might get matched at 2.3, but i may also get matched at 1.6 if the price has fallen rapidly?
thanks again

[chaser]

Hi jumpsfan
When I replied, I assumed that you wanted to trigger your conditional bet 'in-running'.
I set up my conditional bets pre-race and activate when the race turns 'in-running'. I choose 'last price matched' from the Check price option because it is just possible that the last matched price may be the Lay odds which would be better than the Back Odds.
Don't bother about tick offset because you can open up a second Conditional bet for the same runner, I do all this pre-race and activate as required , you can always trade out for your profit in the green box on the grid interface.
Hope this helps
Chaser

[jumpsfan]

thanks for all the help and advice chaser, i shall give it a go today .