'Money available to lay at a price' anomaly

[ForFolksSake]

Ok I've just got two 99p bets matched 7 secs apart - I always thought £1 was min stake.
So does that mean there is no min stake ?

That's the official min but you can place an order and adjust the stake afterwards to get sub min bets in, as BA does.

Ok, got it, thanks

[ShaunWhite]

Does your offer show up on the Betfair site?

[jamesedwards]

Does your offer show up on the Betfair site?

Sometimes yes, sometimes no. But it never shows up in BA regardless.

[ForFolksSake]

I'm not sure what you mean when you say you cant see it in BA while it is unmatched. ?

I've included a screenshot of an unmatched 99p bet

But can other people see it? Your 99p availabe to match isn't showing in the blue and pink cells. That 99p that's showing is BAs memory of your unmatched bet, not something brought in by the price feed, which are the numbers displayed in the blue/pink. If you placed a 99p offer, it's us that won't see it, not you.

Ok, see what you mean , I would have to run another instance of BA to check that out

[ShaunWhite]

Ok, got it, thanks

BA does the old trick of adding £2 to your bet, placing it out of range, then submitting a bet modification of-£2 and at the rqd price. (or similar process). Bet placement has the min checking at Betfair, bet amendments never have had check to see if that still holds. Everyone does it.

The Mins are more a way to stop web site users placing pennies. By using the API directly you have more flexibility, athough the min is worth knowing as it doubles your transaction count and doubles your bet placement time.

[ShaunWhite]

Ok, see what you mean , I would have to run another instance of BA to check that out

BA would pick up the 99p unmatched order from your account and show it. You need to look from another account.

[jamesedwards]

Here's a few screenshots showing what I mean:

The £11 @ 8.8 is already in place and reports correctly in BA log.

Picture5.png

I put up £1 @ 8.6 and it reports correctly as the best lay price in BA log.

z110.JPG

I add 99p to it and it reports correctly as £1.99 in BA log.

Picture7.png

All good so far...

[jamesedwards]

...but, if I remove the original £1 stake leaving 99p up at 8.6, then the BA log (and Betfair in this instance) ignore this and revert back to the original £11 @ 8.8 as being the best offer.

Picture8.png

[jamesedwards]

Obviously I'm only putting up my own money for testing purposes.

What I'm looking to do is to be able to identify the volume of sub-£1 offers currently sitting in the market where they are the best price. I can't figure out how to do this on BA, or even if it's possible, given what I'm seeing in testing.

[ForFolksSake]

Ok, see what you mean , I would have to run another instance of BA to check that out

BA would pick up the 99p unmatched order from your account and show it. You need to look from another account.

See what you mean. Trickier than I thought

[ForFolksSake]

Ok, got it, thanks

BA does the old trick of adding £2 to your bet, placing it out of range, then submitting a bet modification of-£2 and at the rqd price. (or similar process). Bet placement has the min checking at Betfair, bet amendments never have had check to see if that still holds. Everyone does it.

The Mins are more a way to stop web site users placing pennies. By using the API directly you have more flexibility, athough the min is worth knowing as it doubles your transaction count and doubles your bet placement time.

Thanks

[ForFolksSake]

Obviously I'm only putting up my own money for testing purposes.

What I'm looking to do is to be able to identify the volume of sub-£1 offers currently sitting in the market where they are the best price. I can't figure out how to do this on BA, or even if it's possible, given what I'm seeing in testing.

I see what you mean like you say, is it possible.
I guess not as you are taking money away and leaving it below the min bet

[ShaunWhite]

They're not uncommon, this was the first price record I looked at.

Screenshot_28.jpg

And the ATL...

Screenshot_29.jpg

[ShaunWhite]

Here you go James...Best 2 both under £1. Wasn't hard to find an example.
.

Screenshot_31.jpg

[sionascaig]

There was an issue a few months back & zeros started to appear on the ladder for some prices and blanks on others - think it lasted about a day or so - the zeros indicated money that was less than £1.

Peter got involved in the conversation as said it was due to some change that BF made and they were updating BA so the zeros would disappear again..

Sorry I can't remember the thread or specific change made but sounds as though vols < 1 could be indicated or displayed but for a specific reason are not.