Disparity

[Seabird]

Hi
I'm probably being very stupid here but what causes the following result (based on fictitious figures) in a horse race.

The log says:
£2 lay on Fred Bloggs at 3.3 .......ref no etc
Placed closure bet on Fred Bloggs by backing 0.07 @ 90

Which gives a 1.93 profit if Fred Bloggs loses

But the Betfair history says
Fred Bloggs Back 1000 0.07 1000 (0.07)
Fred Bloggs Back 1000 2.00 1000 (2.00)
Fred Bloggs Lay 3.3 2.00 3.3 2.00

which gives a loss of 0.07 when Fred Bloggs loses

I have noticed this type of result on more than one occasion but have never managed to figure out what causes the loss to occur when I expect a profit.

Any ideas?
Seabird

[Golfer]

Two thoughts:

0.07 is below £2 minimum stake limit. To place this bet requires extra steps, one is placing £2 at 1000 before it gets modified.

The small delay in a fast markets means that your £2 stakes gets matched and your original £0.07 bet also gets matched at best available prices (1000).

[Seabird]

Many thanks Golfer, that is exactly what it will be. On reflection it only happens when I'm playing with small stakes, so it all makes sense.

I guess one needs to take the BetAngel log with a pinch of salt since it does not provide the full story in such a circumstance.

Thanks for your prompt answer.
Seabird