Cash-out or Hedge Profit Across Multiple Markets

Using Bet Angel, you can do some things that are simply not possible or other Betfair trading software or on the Betfair website itself.

You may want to do this as some Betfair trading strategies can involve trading multiple markets at the same time, this is most commonly done when trading on football markets.

For example, your strategy could involve taking positions in both the Match Odds and Correct Score markets with the intention of cashing out / Greening up if the combined profit (or loss) from them, when the profit on both reaches your specified amount.

With Bet Angels Advanced Automation you can do just that and green up across multiple markets in an event when a overall target profit is reached using a simple rules file either on its own or if you already have an automated statergy you could add the rules straight into to your existing automation file.

Creating the automation

Creating the Rules File

To do this you need two identical automation files, each will use a ‘Set/Modify Stored Value’ rule to continually trigger on and store the profits from both markets, another rule to add the two profit figures together and when your target amount is a third rule will green up your positions.

Creating the Rules

The first rule needed is a ‘Set/Modify Stored Value, this can be set to trigger unlimited times and re-arm every refresh (so it always has the most up to date profit figure).

Then on the Stored Value tab create a Stored Value (I’ve named this profit1) and store the value of the ‘Markets Green All Profit (current price) for the ‘Event’.

That’s the first rule done, that’s basically storing your green up figure every refresh for whichever market you apply this rule to.

The second rule is another ‘Set/Modify Stored Value’ rule, configured exactly the same as the first on the General tab.

On the Stored Value tab this time we need to create a Stored Value (I’ve named total), this going to add the stored value named ‘profit1’ to the stored value named ‘profit2’.

(Don’t worry we haven’t made the profit2 stored value yet but will get to that shortly).

Each time that rule triggers its adding together the two stored values to create a third stored value named ‘total’.

The last rule needed is a ‘Green All Selections’ rule, its up to you wat trigger times you use this will largely depend on the market’s you intend to use it on, as I’ll be using this on in-play football markets I’ve set it to trigger 3 times re-arming every 15 seconds (to allow for the in-play delay).

This rule just needs a Stored Value condition, to test if the Stored Value named ‘total’ is greater than a specified amount, for this example I’m using £20.

That’s the file for one market done, this can now be saved (I’ve called mine combined profit 1).

We now need to make an identical file with a small change, the easiest way to do this is to click the ‘Disk+’ icon and when the popup window appears re-save the file this time with a different name (ie, combined Profit 2).

You now have two identical files, all you need to do now is select the ‘Store Profits 1’ rule (or whatever you named it – and change this to something else ie, Store Profits 2) then go onto the Stored Value tab and changed the stored value name (I’ve changed mine to Profit2).

Remember earlier we created a rule that added Profit1 to Profit2 – this is that profit 2 rule now created.

The rest of the files can be left alone, you just need to click the disk icon (not disk+) to save it and the files are ready to use.

All you need to do now is apply them to your chosen markets from a match, it doesn’t matter which rules file is applied to a particular market, just as long as you have one of each applied to the markets from a fixture as shown in the image below.

You can now bet/trade those markets as normal knowing that if a combined profit of £20 (or whatever amount you specified) is reached across both markets Bet Angel will green up for you.

Or if you already have automation files you use on multiple markets in an event you may prefere to copy the rules into your existing files, this can be done with 2-3 clicks, for more details please the following blog .

Oven Ready – Automation files

I would encourage anyone wanting some rules files like these to try and make it themselves first following the steps above, but if you are still struggling you can download both files from the following page on the Bet Angel Forum

Cash out

Leave a Comment

Your email address will not be published.

The reCAPTCHA verification period has expired. Please reload the page.