Place a Back Bet 2Ticks Below Price

[Almeria]

Sorry to ask what is a basic question, I'm a newbie.

Clearly I misunderstand the terminology on the spreadsheet function. I want to place a bet back a given number of tick below the current price. I used the term, BACK OFFSET:2 this function places a back bet at the current price and a lay bet 2 ticks below the back price. I would be grateful if someone could explain what I should use to place just the back bet at a lower price.

[convoysur-2]

hi
offset bet (with greening) select number of ticks from top left hand side of software
Marc

[Almeria]

Thank you for your prompt replay convoysur-2. I apologise for not explaining myself properly.

I am trying to get the spreadsheet to place a bet (no greening) at a given number of ticks below the current price, to allow for some movement in the market. If the current price is say 2.00 and I want the spreadsheet to place a back bet then I want it to place at say 1.98. When I use what I thought was the correct terminology i.e. BACK OFFSET:2 the order is placed at 2:00 and I then get a lay bet placed 2 ticks below the back price. I do not want the lay just a back bet at 1.98. What do I write for that please?

[Euler]

Betfair will always match you at the best available price. So if you back at 1.01 and the current back price is 2.00, you get matched at 2.00. If you lay at 5 and the current price is 2.00 you get matched at 2.00.

[Almeria]

Thank you Euler. May concern was that if I did that, somehow or other I may actually get matched at 1.01. Are you aware if that has ever happened?

[Euler]

If you back at 1.30 and you don't get matched your order will stay there asking for 1.30. There is no chance of it getting matched at 1.01 unless you change the odds.