Masaniello is a progression where the goal is to get a certain number of wins on a certain number of events. The profit as well the loss is pre determined.
Bid Type: Type of the bet: Back/Lay
Price: Minimum price for each runnner. The Ipposnif version of the Masaniello progression works using a fixed price. To extend the chance to get matched bets we allow betting from the strategy on a range of prices. For example if the input price is 4 (back) we can allow betting on a range 4 - 4.5. If we want to consider also the betfair fee we can shift the prices of a 5%, in this example the range become 4.2 - 4.7. For lay bets the shift must be done to the opposite direction.
Events: Total number of events of a Masaniello round.
Wins: Number of expected wins in a Masaniello round.
Capital: Capital used for all the Masaniello round.
Winning outcomes: You can mock up a specific series to see the sizes of the bets..
The grid shows all the bets ordered by position of placement.