Ipposnif : Betfair Horse Racing Betting Automation
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Auto - Masaniello Back

TRIGGER TYPE BID TYPE STAKE PROGRESSION DEFAULT CAPITAL

Automatic

Back

Masaniello

0.50 x 20 rounds = 10

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.
Ipposnif uses a simplified version of the Masaniello considering only runners with similar price (in a range).
In this case we want to get 5 winners with a price between 4.2 and 4.8 on a total of 8 events. The chance to win is 1/36 considering an average price of 4.
The capital of the strategy is the total amount spent in one Masaniello round.
'Max Reset' is the number of times we want to restart the progression (when it loses as well it wins). In this case we want a maximum of 19 reset that means a total of 20 rounds.
Bets are placed in the timeframe that goes from 10 seconds at the start to two minutes after the programmed start time, only if the race is still not in-play and if the overround of the market is fair.
Finally the bet is placed only if there is only one runner in the race with a price between 3.6 and 4.9.
You can change the price/events/wins/bidType combination of the progression from the Size criteria of the strategy. Here you can read the references about the Masaniello function used in this strategy.
From the menu Tools you can access a Masaniello calculator that you can use to know the gain of alternative combinations price/events/wins/bidType.


Notes:
The amount of the capital passed to the function is slightly lower than the amount allocated for the round, to cover some edge cases like for example a deduction due a horse retired.

The difference between the reference price (4.0) passed to the function and the minimum price (4.2) that a bet can have is used to cover the Betfair fees. The formula to calculate the minimum BACK price starting from the reference price is:

((ReferencePrice-1)*(1+BetfairFees))+1

So in this strategy is: ((4-1)*1.05)+1=4.15 rounded to 4.2

Fabrizio Ranieri - Ipposnif is an official Betfair API solution - Terms | Privacy | Responsible Gaming - You must be at least 18 years old, or of legal age in your country, to gamble on line with Betfair