Chase if unmatched.

[Bookmatch]

If my original bet is a lay bet and and stop loss is triggered with chase if unmatched and level loss ticked, does the stop loss cancel if only a small portion of the opposing back bet is matched, (leaving you with almost the full liability of the original lay bet) or will it continue to chase the price down placing back bets and stakes at the rellevant price and amounts respectively?

Thankyou in advance for any help.

[GaryRussell]

Assuming you have set the delay to 1 second a cancel request will be made each and every second. Either the remainder will be cancelled and another bet placed or non is cancelled and it is therefore fully matched. Therefore if only a small amount is matched it will be cancelled.

[Bookmatch]

I have my Stop Loss settings set at :-
Enabled - Ticked.
Odds (instead of ticks) - 4.9
Level Loss - Ticked.
Chase if unmatched - Ticked.
Chase Delay - 0.0
I also have Tick Offset set at 55 ticks. If I lay a horse at a bigger price than 4.9 and then the price comes in below 4.9, and in fact goes on to win the race, is there any way that I couldn`t get matched with the Stop Loss?? Therefore losing the full liability.

[GaryRussell]

There is always a chance. We cannot guarantee it will work every time. There are few things that can go wrong.

1) The API could be become unresponsive so the bet doesn't get through to Betfair quick enough and it's near the end of the race so it is suspended before it's processed.

2) The API could go down altogether.

3) It's a tight finish so that the stop loss is triggered in the final few seconds and it doesn't even get chance to chase it.

4) The odds keep moving down so that every time the bet is cancelled and replaced the odds have gone even lower.

I recommend you try it with smaller stakes and see how it works.

[Bookmatch]

I fully appreciate your comments Gary, but I am convinced it is not working correctly. When I lay a horse and it gets fully matched (or if it doesn`t) then flick over to the ladder instead of grid, there is no red block visible at the side of the Stop Loss price, although the cancel Stop Loss button is highlighted on the grid. One particular horse I watched come right in to less than 2.5 and hovered around that price for about 10 seconds or more and there was no match with the Stop Loss.

[GaryRussell]

I'm sure it does. After the initial stop loss is placed the stop loss indicator will disappear, this doesn't mean it won't carry on chasing it though.

I will need to see the diagnostic log to see what really happened. If you haven't restarted the program since can you send the log to admin@gruss-software.co.uk or failing that send it next time it happens.

The log file is named BA_Diagnostic.txt and is located in c:\temp\Betting Assistant Logs.

Please provide the bet ref of the original lay bet in your email so I can track it down in the log file.

[Bookmatch]

The red block on the ladder does not appear at any time or under any circumstances. Its as though it does not exist.

[GaryRussell]

That doesn't sound right. I tested it again after your last post and it definitely appeared on the ladder. As I said before I cannot really know what is happening without the log file.

[GaryRussell]

Might not be your problem, but it's worth asking. Were you viewing multiple markets in the same tab page when you switched from grid to ladder? There is an issue where if your tick offset or stop loss bets are active in the top market and you switch to the ladder on any of the other markets then it cancels the tick offset or stop loss bets in the top market.

[Bookmatch]

I fully appreciate your comments but I am aware of those points. Today, pre race, I layed a horse and looked in the ladder and saw that Stop Loss had been triggered by seeing the red block. I then closed all positions and layed a different horse in the same race, and page, without adjusting any settings, but when I looked in the ladder to see if it had been triggered, the red block was not there, although the red cancel Stop Loss had turned red.

[GaryRussell]

If you clicked close all positions after placing the lay bet then why would you need a stop loss? This would have placed a back bet on this runner to close out your position. Because the stop loss is no longer required it is cancelled and this is why the indicator disappeared.

Are you saying the stop loss button was still red after the indicator disappeared from the ladder? If so then I will investigate why it is staying red.

[2020vision]

The red block on the ladder does not appear at any time or under any circumstances. Its as though it does not exist.

Sorry to say - it's the same for me too

Windows 7 (32bit) BAv66x48 The red Cancel Stop loss box at the top turns red though
- ticking level loss or sliding makes no difference either?

Ttfn - Michael

[2020vision]

Just to say that I have now tried my Windows XP Pro partition installation and
the is also no red stop loss notification block either? BA v66x48 too.

Adios - Michael

[GaryRussell]

The red block on the ladder does not appear at any time or under any circumstances. Its as though it does not exist.

Sorry to say - it's the same for me too

Windows 7 (32bit) BAv66x48 The red Cancel Stop loss box at the top turns red though
- ticking level loss or sliding makes no difference either?

Ttfn - Michael

You have kindly produced video evidence of problems previously. Would you be able to produce one this time? It would really help me to get a handle on what is going on here. I am just not seeing the problem when I test it.

[Bookmatch]

Regarding my previous post. What I did was purely experimental to see if the Stop Loss was being triggered. I just closed all positions to get out of the bet, so I could test another lay. It appears that some lays the Stop Loss is triggered and some are not, but alwaya the cancel Stop Loss is highlighted, regardless of the red block being visible or not in the ladder?!