Triggering back/lay at non standard odds.

Discussion regarding the spreadsheet functionality of Bet Angel.
Post Reply
Al See
Posts: 12
Joined: Sun Jun 21, 2009 11:56 am

What would happen if Bet Angel attempted (via Excel) to fire a back/lay into the market at non standard odds?

For example, let's say I have a calculation within my spreadsheet to calculate the odds the bet is submitted at and that number doesn't represent uniform tick odds.

So I've previously placed at bet at say 9.00 and have a formula within the spreadsheet to submit a lay at say 85% of the back odds which calculates the odds for the lay to be 7.65 which obviously isn't an acceptable odds figure to Betfair.

Would firing in a back/lay at 7.65 just result in an error with no bet being accepted?

I suppose what I'm asking is do I need an additional formula/calculation within my Excel sheet to turn my calculated price into an acceptable price for Betfair's odds range?
nigelk
Posts: 469
Joined: Wed Apr 15, 2009 11:00 pm

See here for word document & excel spreadsheet showing how to get vaild prices using percentage calculations.

viewtopic.php?f=19&t=9549
Post Reply

Return to “Bet Angel - Spreadsheet / Excel chat”