In X-Feeder Auto-Dutching is represented in two modes: on the back side and on the lay side. This means the program can place back bets, lay bets or both types of bets at the same time.
You can edit the properties of each mode separately. You can activate both modes at the same time. This will mean that the program will attempt to find both back and lay book percentage advantages. In this case back and lay bets won't interfere and affect each other's profit calculation.
Auto-Dutch Back / Lay Side
Tick this box to activate Auto-Dutching with back or lay bets.
Maximum / Minimum Book Percentage:
Set the minimum back/lay book percentage that you want X-Feeder to look for. Remember that it will always make the first bet regardless of the settings because it can't predict what the prices will be in the next round. But if in eventual rounds it turns out that the prices are not high enough (for backing) or low enough (for laying) to form the specified book%, X-Feeder will not complete the book.
Normally to make profit the back book% should be less than 100% and lay book% higher than 100%. Therefore you should enter a value in % that is less than 100% for backing and greater than 100% for laying.
In back-side Auto-Dutching, the less this value is the less frequently X-Feeder will complete the dutch bets, yet the bigger profits will be generated by those bets that fit into this setting. In lay-side Auto-Dutching it similar, only the chances to complete a dutch become less when you set the book% to a high value.
Place first bet on the ...
This option defines the selection on which X-Feeder will place the first bet in the first round. It can be either the selection that has won or lost the previous game, depending on the strategy you want to follow. It is generally implied that backing on the previous loser (the one that has lost the biggest number of games) and laying on the winner is more reasonable. If a selection won the previous game, it obviously has less chances to win the present game, and therefore its price is expected to jump up in after the first round. So the best moment to lay on it is the first round. And vice versa, the loser that has lost more games than the other selections will probably have more chances to win in this game, so it may have the highest price (and thus the best for backing) in the first round.
Make the first bet in random games
Tick this option if you want X-Feeder to dutch in randomly chosen games.
At Preflop place a back/lay bet on ...
This option lets you customize your Auto-Dutching strategy: you can choose what to back or lay on in the second round (at Preflop). This setting suggests three options:
| • | Favourite |
| • | Probable Loser |
| • | Second Favourite |
Basically your choice will depend on your opinion on where the prices usually go for the favourite, second favourite and probable loser. If you think that it is more successful to back the favourite expecting its price to lower down in the next rounds then select "Favourite". If you are sure that in most cases the price of the favourite of Preflop tends to grow up then select "Probable Loser" or "Second Favourite".
And similarly with lay bets: if you think that usually the favourite in the second round increases in price in the next rounds, then you'll want to lay on it in the second round. And on the contrary: it may be wiser to lay on the probable loser while it still has a considerably low price, expecting it to get even higher odds in the next rounds.
The favourite, second favourite and probable loser are picked from the three remaining selections that do not have matched back or lay bets yet (depending on whether it is the back or lay Auto-Dutching). Remember that the first back/lay bet is placed in the first round (Deal).
Start the round only if the loser has lost no less than ... games in a row
Start the round only if the winner has won no less than ... games in a row
This option helps to increase the probability that the first selection which X-Feeder backs/lays on will be a winner/loser and thus the prices of the other selections will increase/decrease in the next rounds. For example, if the program backs, and the loser has already lost 20 games in a row, this certainly indicates that it has big chances to win (and the chances gets bigger with every next lost game). If it lays, then laying on the previous winner that has won several last games will increase it chances to lose in this game.
Set this option and define how many games the selection must lose/win before X-Feeder will bet on it. For instance, if you set this to "8" for Auto-Dutching on the back side, and there is no selection that has lost more than 5 games in a row, the game will be skipped. On the other hand when the selection has lost 8 games in a row it has greater probability to win than all other selections. So if the software backs on it at a price of 3.98 in the first round, there is a good chance that its price will drop to something near 2.5 in the second round and all the other prices leap up above 4.0 forming a good book percentage.
Do not bet if a selection's odds are higher than ...
Do not bet if a selection's odds are lower than ... or higher than ...
Activate this option to prevent X-Feeder placing a bet, if the selection's price is higher or lower than the specified limit. This will help you to filter out probable losers or potential winners that are not worth betting on. Considering that you can't place a bet below the allowed BetFair minimum amount, this should disable betting in the situations, when the price is too high to make the bet size meet these requirements. Also, if the price is too low for the selection to be potential loser, this will prevent laying on such selection.
Minimum bet size requirement
Please beware that the program can't bet below the minimum size allowed by BetFair. Keep this in mind when setting the default back and lay amounts for Auto-Dutching. X-Feeder will use these amounts for calculating the bets that it will place on selections.
The size of each bet is calculated as (default amount) / (selection's price).
If the selection's price is greater than (default amount)*(minimum bet size), this bet won't be placed and the proportion of the Dutch will be affected.
For example, if you set the default back amount to 20, and the selection's back price is 8.0, then 20/8 gives 2.5. If you are betting in GBP, this will do, but if your currency is EUR or USD, for instance, then this will be less than the allowed 4.0, and X-Feeder will fail to complete the bet.
Please note: Dutching is only effective with "single winner" markets!