Limit Orders Possible?
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jamesedwards
- Posts: 6255
- Joined: Wed Nov 21, 2018 6:16 pm
No. Betfair will match you straight away at the higher price.
The only way to achieve this is to set a back order at the desired price on condition that the back price is currently trading at the desired price. Obviously you risk the price moving through your target position before you get matched, especially if you are betting into a market with a betting delay.
Thanks James. Yes I know Betfair would match you at the best price but thats why I'm asking in here as surely the software could do it? Plus this is for pre off not inplay.jamesedwards wrote: ↑Thu Sep 24, 2026 5:23 pmNo. Betfair will match you straight away at the higher price.
The only way to achieve this is to set a back order at the desired price on condition that the back price is currently trading at the desired price. Obviously you risk the price moving through your target position before you get matched, especially if you are betting into a market with a betting delay.
What about storing the price at x number of ticks below current price at a specific time then use that for the condition, place bet at number of ticks below current price with the condition the stored value price is currently the price. Would that work?
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jamesedwards
- Posts: 6255
- Joined: Wed Nov 21, 2018 6:16 pm
If you put the bet into the market and there is a better price available then there is no way to prevent that bet matching at the better price. It makes no difference whether this bet is placed manually or with Bet Angel automation.gstar1975 wrote: ↑Thu Sep 24, 2026 5:54 pmThanks James. Yes I know Betfair would match you at the best price but thats why I'm asking in here as surely the software could do it? Plus this is for pre off not inplay.jamesedwards wrote: ↑Thu Sep 24, 2026 5:23 pmNo. Betfair will match you straight away at the higher price.
The only way to achieve this is to set a back order at the desired price on condition that the back price is currently trading at the desired price. Obviously you risk the price moving through your target position before you get matched, especially if you are betting into a market with a betting delay.
What about storing the price at x number of ticks below current price at a specific time then use that for the condition, place bet at number of ticks below current price with the condition the stored value price is currently the price. Would that work?
The closest way to achieve what you are looking for is to set Bet Angel to place the bet into the market at the point where the price is most likely be sitting at the target price. So placing a bet at target price on condition that the current price is at the target price is probably the place to start.