Price Clarification

[1856]

Just a clarification thanks.

When we say "best price" or say "best reverse price", is it always the back price that is the reference?

Hope this makes sense?

Cheers
Michael

[Anbell]

Just a clarification thanks.

When we say "best price" or say "best reverse price", is it always the back price that is the reference?

Hope this makes sense?

Cheers
Michael

No. It flips when laying.

[1856]

So if the market is reversed, the "best market price" is the lay price?

[Dabbla]

Using BA in Reversed makes no difference to automation.

The best market price, when Backing will always be the Betfair Back price
The best market price, when Laying will always be the Betfair Lay price.
.

[Anbell]

It's 2024 and we still dont have a consensus on most of these words. It can be confusing.

'Best price' means the best available price to do the thing that you want to do right now.

image_2024-08-25_203913511.png

In this case 2.06 is the 'best market price" if you want to back it. Also known as ATB (available to back). The Best Reverse is 2.08.

If you wanted to Lay, then best/ATL is 2.08 and reverse is 2.06

[1856]

Thanks Guys, got it now, appreciate the reply.
Cheers
Michael