Using the image as an example could someone please tell me if I'm totally correct in my understanding.
1. In the light blue back column, there is £26 available at 2.72. So I could place up to a £26 back bet at that price and it would get taken, yes ?
2. In the pink lay column, there is £8 at 2.8. This is money that a backer has placed at 2.8, hoping that a layer will give them that price. Correct ?
3. In the pale blue rightmost column, this is the amount of money matched at that respective price. So against the 2.78 row, there is 0.5K. This means both backers and layers have put up £500 each at that price, yes ?
4. Finally, if I were to place a lay bet of £10 at 2.8, then I would immediately see the 8 in the pink column, change to 18, and my £10 would be behind the 8 in the queue. I'm at least very sure I'm ok with this one
