Fill or Kill Explained?

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dogtown123
Posts: 32
Joined: Sun Oct 10, 2010 11:49 am

Hello,

I've tried reading the online user manual and this forum, but I still can not get my head around the Fill or Kill settings.

if I place a lay bet first at odds of 4.9 with £20 stake
fill or kill at 2 seconds
tick size at 25
matched back bet at 8.8 with £11.14 stake

how does the fill or kill settings work?

does it place a back bet (im laying first) 2 seconds after my lay bet has been matched?

or does it put the lay bet into the market for 2 seconds, and if it doesn't get match within the 2 seconds, it kills it?


Sorry, I just cannot get my head around this one.


can someone please explain how it works?

Thanks
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Dallas
Posts: 23557
Joined: Sun Aug 09, 2015 10:57 pm

Fill or kill is on your initial opening bet only so if you lay first with a 10 sec fill or killed the bet is killed if not filled (matched) within 10 secs, once matched and your offset back bet is placed immedietly this will remain in the market till its either fully matched or you cancel it.
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