Tools—Stop Entry

The Stop Entry tool can be used several ways. It can be used to back a price lower than its current price, should it get there. An example may be you want to back Team A at 1.50 should they reach that price. They may currently be 3.00 and you only want to back them when they look certain to win the match. You can also lay them at a higher price. A horse may be even money favourite and you want to lay it in running when it appears that the horse can no longer win. You can set Evo to lay the horse when the LTP (last traded price) gets above say 15.00. In this example we are laying a horse for £25 at 6.4 if his price trades above 6.00.

You can also use the Stop Loss feature as a Stop Entry tool simply by right clicking on a price below or above the current price and if the price rises or falls you will get matched. In the picture below there are two examples beside each other. You can only do one of these, they can’t be done together. The picture on the left is where we are looking for the horse to drift. If there is no late support and the horse drifts, we can lay it at 4.00 as it drifts out.

The screenshot on the right we are wanting to back the horse if there is strong late support and the price returns to 3.50 as it was in the picture on the left. You can see it has drifted to 3.75 so we want to lay it if it drifts late and back it if it steams in late.

Here is a video of the Stop Entry Tool in action.