Bet on the Time Of First Goal

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cyocyy
Posts: 11
Joined: Thu Mar 26, 2020 9:11 pm

I wonder if its possible to automate this kind of market. For a fix profit.

Bot should work like this bet a amount for a fix profit lets say 5£ at the start of the match it back bets at the best odds on 1-10 minute interval. If a goal is scored ok we won, if no goal is scored it will bet on 10-20 minute interval at the best odds available for 5 £ but also to recover the lost stake that we bet on 1-10 interval.

For example if the 1-10 Interval odds are 3.5 we back 2 £to win 7£ if we lose we are -2£
We bet on 10-20 interval odds 3.5 we back 2.8£ to win 9.8£ if we lose we are -4.8£
We bet on 20-30 interval odds 3.5 we back 3.92£ to win 13.72 £ so on . lets say goal is scored you win 13.72£-3,92£-2.8£-2£ = 5£ profit.

And the bot should stop and take full lose at minute 60 if no goal is scored.
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Kai
Posts: 6231
Joined: Tue Jan 20, 2015 12:21 pm

I toyed with some ideas on this market when I was starting out on footy, but market wasn't liquid enough to do much, even on the biggest of games. I think what little value you may find here in general will most likely be ruined by the fact that you're forced to take terrible prices in gappy inplay markets.
cyocyy
Posts: 11
Joined: Thu Mar 26, 2020 9:11 pm

I understand but i`m not looking for some crazy profits even 10 £ per match its good.
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jimibt
Posts: 3675
Joined: Mon Nov 30, 2015 6:42 pm
Location: Narnia

cyocyy wrote:
Wed May 13, 2020 3:07 pm
I wonder if its possible to automate this kind of market. For a fix profit.

Bot should work like this bet a amount for a fix profit lets say 5£ at the start of the match it back bets at the best odds on 1-10 minute interval. If a goal is scored ok we won, if no goal is scored it will bet on 10-20 minute interval at the best odds available for 5 £ but also to recover the lost stake that we bet on 1-10 interval.

For example if the 1-10 Interval odds are 3.5 we back 2 £to win 7£ if we lose we are -2£
We bet on 10-20 interval odds 3.5 we back 2.8£ to win 9.8£ if we lose we are -4.8£
We bet on 20-30 interval odds 3.5 we back 3.92£ to win 13.72 £ so on . lets say goal is scored you win 13.72£-3,92£-2.8£-2£ = 5£ profit.

And the bot should stop and take full lose at minute 60 if no goal is scored.
i should point out that your calcs on the returns are out as you are not adjusting for stake, the correct returns (based on your odds) would be:

3.5 odds (minus 1 to adjust for stake = 2.5 odds) - £2 back - win £5, lose £2 etc.. etc.

As kai says, it's just another way to lose money tbh. better to look at the odds on the OU0.5/OU1.5 market and grab the best odds at some point after the start.. then you're set and forget until the 60th minute -if that's still the plan.
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