What happens in Betfair when you green up in bet Angel.

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superjon1968
Posts: 1
Joined: Thu Apr 21, 2011 10:19 pm

I am about to download Bet Angel and start.

I have just one question on greening up.

If you have placed a lay and back order on one selection which has resulted in a £20 profit say. You green up for £4.50 for example no matter who wins. When you take the green up value what does bet angel actually do in betfair to ensure you get the £4.50.
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Euler
Posts: 26430
Joined: Wed Nov 10, 2010 1:39 pm

If you backed 3.00 at £10 then laid off at 2.00 with £10 you would have a £10 profit. When Bet Angel greens up it lays £10/2 at 2.00 which equalises the profit across all runners. So you would see an additional lay on Betfair of £5 at 2.00 to achieve this.
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