Best Market Price rule

[alldaygreen]

Can anybody please shed some light on the best market price rule?

Does it mean the best price available where there is money waiting to be matched?

Does 2nd Best Market Price mean the software will look for the next available match at higher or lower odds than Best Market Price?

I am experimenting with automation to place lays at 2nd Best Market Price because the Best Market Price did not get matched in some cases. (In running).

So does that mean that the matched price will be above or below the current Best Market Price Odds?

Any clarity appreciated.

[Bet Angel]

Hi,

If the price on a runner is offered on screen with back prices of 2.00, 2.02, 2.04 and lay prices of 2.06, 2.08, 2.10. Then the best back price is 2.04 and the best lay price is 2.06. The third best back price is 2.00.

Placing a back bet at the 'best price' will give you a better price (2.04) than the 'third best price' (2.00), but has less chance of filling in a fast moving market. Automation offers the various price options so that you can decide how to balance your chance of filling the bet against getting the best price available.

If there is a gap in the market so that the back prices being offered are 1.99, 2.00, 2.04, then the second best price will be 2.00.... i.e. the gap is not filled. If you wanted to fill gaps then you'd use the option of pricing 1 tick below the best price instead of taking the second best price.

[alldaygreen]

Thanks - that's cleared that up.

I'm getting matched much more often now.

I do have another question about automation with Guardian...

I am trying to make use of the Time Since Fill or Killed rule.

How can I ensure that there is a 2 second delay between the time 2 bets

are placed?

Here's the in play scenario I am working on...

I have setup an automation rule to place a back bet if the price is coming in by a certain amount...

then if the price moves out and the Green Up position is in the red - then I want to trade out for a loss.

But I don't want Bet Angel to 'Red up' until a few seconds after the back bet is placed -

the idea being to give the price a few seconds to come in and then green up for a smaller

loss/bigger profit.

Sometimes the back bet gets placed and then immediately the price goes out (triggering

my red up/ trade out rule) only for the price to come in again a few seconds later and put

the trade in a positive position.

I want to be able to ensure there is a delay after the back bet is placed.

Is this possible?