Lay bets under £2 in play

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Sovereign
Posts: 39
Joined: Wed May 10, 2017 3:12 pm

Hello all,

As I understand it, any bets placed (back or lay) in running on the horse markets cause an additional 1 second delay, so that Betangel can do its thing and reduce the amount below the usual £2 betfair minimum.

I'm running an automation strategy, trying to place lays with a fixed liability, with some at certain odds meaning lays are below £2 and cause that additional delay. This delay, however, with in running odds moving so quickly, means that some of my bets end up not being matched.

Now, I thought about simply setting my bet to be placed at a fixed price somewhat above the odds I want to place, at what I would consider my theoretical maximum odds, with the understanding that my bets would either be matched underneath that at better odds, or simply not matched if it goes above it, thus giving my automation strategy some room to be matched within that 2 second delay. The problem with this is that my bets are being made with a stake as if they're all at that theoretical maximum, even at better odds (thus reducing potential profit).

I then moved onto trying with setting the lays to 'custom ticks above best market price' with 10 ticks above - again, I'm trying to give it time to allow bets to be matched within that 2 second delay if the odds are moving. This seemed to work better but again, I'm still facing the problem of my lay amounts, when they're matched, if they're matched lower, being less than the liability I've set (and so my stakes are less).

I was wondering if there's perhaps another/better way of doing this that I've not considering or thought of? Ideally, I'd just like to try and get as many lays matched when the odds move but maintain close to/ the same liability as the stake I've set in automation.

It may be impossible, but I just thought I'd check here in case I'm missing something! Apologies if this seems obvious.

Thanks everyone.
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