Ipposnif : Betfair Horse Racing Betting Automation
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Auto - Chase Losses Lay

TRIGGER TYPE BID TYPE STAKE PROGRESSION DEFAULT CAPITAL

Automatic

Lay

Chasing Losses

25

One minute at the start, lay the second favourite with a price between 2.3 and 5.3, to win 1/500 of the initial capital plus all the losses accumulated with previous losing bets.
Only one bet at a time.
If the bet is unmatched the price is updated to the best lay price at that moment.
The lay overround of the market must be fair enough.
The strategy stops when it has won more than 20% of the initial capital.

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