Using Excel in running for horse racing, the latest odds inserted into the spreadsheet by BA will often be vastly different to the real available odds once a bet hits the exchange. This is particularly dramatic in the final run-in.
If I want to back at the current price regardless of how it has changed, can I just ask for odds of 1.01 and the exchange will automatically fill that with the best odds available ? If so would a similar approach work for laying by asking for odds of 1000 ?
Alternatively, can this be achieved by leaving the odds cell blank when constructing the back/lay cells prior to clearing the status ?
The reason for thinking that this may work is that you can do something similar in the ladder by clicking out of the odds to place a bet at the latest price.
I've found nothing in the manual or forums on this and the Betdaq version (which is all I have at the moment) does not have a practice mode to test with. Don't want to risk laying a 999:1 winner by testing live !
Any help appreciated.
Excel in running - asking for current price regardless
Hi
Just to add to what Peter said..
Its recommended to test it (on as many races as possible) in Practice mode..before going live
Yo might also want to build in safeguards..for example, in the lay statement you may want to say something such as "only lay if H9<10"
(H9 is the first available lay price for the first horse)..
Also check your liability settings in BA and only leave a small amount in your betfair UK wallet, move the bulk into your Aus wallet
Regards
Peter
Just to add to what Peter said..
Its recommended to test it (on as many races as possible) in Practice mode..before going live
Yo might also want to build in safeguards..for example, in the lay statement you may want to say something such as "only lay if H9<10"
(H9 is the first available lay price for the first horse)..
Also check your liability settings in BA and only leave a small amount in your betfair UK wallet, move the bulk into your Aus wallet
Regards
Peter
I have seen some of the wacky prices come up in testing on the back side. Don't think I dare go near the lay side with an open "give me your price" offer - could easily get caught and wiped out :/
Just to be certain, presume I'm right in also assuming that will never get matched with a worse price than asked for eg if ask to back at 3.0 then will only get matched at 3.0 or greater ? Conversly a lay at 3.0 would only get matched at 3.0 or less ?
Just to be certain, presume I'm right in also assuming that will never get matched with a worse price than asked for eg if ask to back at 3.0 then will only get matched at 3.0 or greater ? Conversly a lay at 3.0 would only get matched at 3.0 or less ?