OFFSET / FILL OR KILL bets in Excel - how does BA work them

Discussion regarding the spreadsheet functionality of Bet Angel.
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jonedelman
Posts: 17
Joined: Sat Aug 20, 2011 4:17 pm

Hi

I am testing BetAngel spreadsheet functions and would like some more detail on how the offset function works with regard to matching.

For example - if I back with an offset bet, with fill_kill delay on, lets say 10 seconds.
Lets say this bet is £100 and £50 is matched and £50 unmatched.

1. Does BetAngel now automatically lay the £50 which has been matched at market already? Or will it only offset once the whole order has been matched / order elapses?

If the answer is only once the order is matched/elapsed ... then please could you tell me :

2. Lets say the 10 seconds has elapsed, and lets say now £75 has been matched but the odds have moved away (lower) - what does the offset do? I assume it will lay the matched £75 (not the £100) - but where does it match it - 1 tick offset from where I backed or 1 tick offset from the current back price?

Thanks in advance for your help!
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