Author Topic: Triggered betting anomolie  (Read 3775 times)

Tags:
  • All members
  • Posts: 33
Triggered betting anomolie
« on: 13 May 2014, 20:10 »
Hi Admin
Ive set up a trigger to only bet when the odds are "1.03 or less" on 1 race it bet it at 1.11 and it lost . Is there a way to stop this and only trigger  bet "at 1.03 or less".
Cheers

  • All members
  • Posts: 905
Re: Triggered betting anomolie
« Reply #1 on: 13 May 2014, 20:35 »
Are these lay bets?

  • All members
  • Posts: 33
Re: Triggered betting anomolie
« Reply #2 on: 13 May 2014, 21:07 »
No , back bets.

  • Élite
  • Posts: 3698
  • Gender: Male
*
Re: Triggered betting anomolie
« Reply #3 on: 13 May 2014, 22:07 »
hi
the problem is betfair will match all placed bets at the best price.
so you could send a bet out at 1.01, but betfair will match it at the best price available at the time.
if you sent a back bet at 1.03 and the price changed to 1.02, betfair would not match the bet, because the price is lower than your placed price.

mcbee
Please read the following  disclaimer with regards to the information you may request and obtain on our forum. This specifically concerns trigger files and various instructions as to how to implement a strategy.

  • All members
  • Posts: 33
Re: Triggered betting anomolie
« Reply #4 on: 14 May 2014, 13:46 »
Hi
Thanks again for the info

  • All members
  • Posts: 49
Re: Triggered betting anomolie
« Reply #5 on: 25 May 2014, 15:31 »
Quote
the problem is betfair will match all placed bets at the best price.
so you could send a bet out at 1.01, but betfair will match it at the best price available at the time.

That all makes sense now. Thank you!
Gambling is a lifestyle.

 

Please note, BetFair is seems to be currently OFFLINE