- Fri Dec 10, 2010 1:37 am
#3874
Questions:
Why is Lay bet matched at price 2.4 when your price range is 2.5-4.5?
Why is Back bet matched at price 5.5 when your price range is 2.5-4.5?
Answer:
This happens from time to time and it is not a bug. Bot always requests price within your price range, and Betfair always matches your bet at best possible price.
Problem happens because runner price changes while request to place bet is being sent to Betfair, so Betfair matches your bet at better price if possible.
For Back bets this means that if bot tries to place bet 20gbp at price 3.4 then Betfair will match this bet at any available price from 3.4 up to 1000, but never below 3.4!
For Lay bets this means that if bot tries to place bet 20gbp at price 3.4 then Betfair will match this bet at any available price from 3.4 down to 1.01, but never above 3.4!
This rarely happens before market goes in play because there is not any delay imposed by Betfair when placing bets, while for in play markets there is delay from 1 to 8 seconds and for this time it is possible that price changes.
Why is Lay bet matched at price 2.4 when your price range is 2.5-4.5?
Why is Back bet matched at price 5.5 when your price range is 2.5-4.5?
Answer:
This happens from time to time and it is not a bug. Bot always requests price within your price range, and Betfair always matches your bet at best possible price.
Problem happens because runner price changes while request to place bet is being sent to Betfair, so Betfair matches your bet at better price if possible.
For Back bets this means that if bot tries to place bet 20gbp at price 3.4 then Betfair will match this bet at any available price from 3.4 up to 1000, but never below 3.4!
For Lay bets this means that if bot tries to place bet 20gbp at price 3.4 then Betfair will match this bet at any available price from 3.4 down to 1.01, but never above 3.4!
This rarely happens before market goes in play because there is not any delay imposed by Betfair when placing bets, while for in play markets there is delay from 1 to 8 seconds and for this time it is possible that price changes.