Backing On The Favourite In Place Markets
Back £2 on the favourite if its odds are between 1.5 and 3.0, in place markets. If the bet lost, increase the next stake by £2 till the bet wins. Then keep decreasing the bet size by £4 till it reaches the original size of £2.
The conditions of the trigger are quite simple and do exactly what is described in the trigger requirements. What is really interesting is the formula in the "Amount" field:
IF(last_lost>0, hist_1_backa + 2, IF(hist_1_backa<=6, 2, hist_1_backa - 4))
It is a nested IF function. It can be interpreted in the following way
1. If you lost in the last markets (last_lost variable is greater than 0), then back the previous bet amount plus £2. The variable hist_1_backa returns the back amount in the latest settled event.
2. If that is not true (last_lost is equal to 0), then check one more condition:
- If the last back amount is equal or less than £6, then back £2 - accoding to the staking plan, return to the original bet size.
- If it is greater than £6, then deduct £4 from the previous bet size. Why "6"? Because if it is £5 or £4.5 for example, then deducting £4 from it will result in a stake less than the original £2.