Apologies if this is a dumb question but I'd like to understand matching a bit better. Specifically, I have an example.
Suppose I lay £100 on a selection at 2.0 odds. It's all unmatched and sits there. Then someone comes along and ask to back that selection for £100 at 1.9 odds.
Now, everyone says that Betfair always gives you the best price. Does this mean that it will give the best price to me and match me with the other guy at 1.9? Or will it give the best price to the other guy and match him with me at 2.0?
Basic matching question
The guy asking for 1.90, gets best execution, and is returned 2.0.
U get nothing, but what u asked for, which is probably fair enuf.
I think some mkt makers, get comm breaks .. but, u need to supply lotsa liquidity, to qualify.
U get nothing, but what u asked for, which is probably fair enuf.
I think some mkt makers, get comm breaks .. but, u need to supply lotsa liquidity, to qualify.
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shakespeare
- Posts: 113
- Joined: Sat May 21, 2016 1:43 pm
That was my guess too and it explains why Betfair don't allow people to place stop-loss orders.