Are prople getting matched of the current best back/lay prices?

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favetelinguis
Posts: 16
Joined: Wed Oct 25, 2017 7:24 pm

I have just started to use Betangel to watch some hourse racing markets pre start. It is my understanding that there is never any good reason NOT to take the BEST lay or back price. However when watching markets it looks like prices are getting matched all over the ladder and not only at the current best prices. (I see this from traded volume column increasing in regions not at the current price).

Am I seeing this wrong and if not what is the explanation for this behavior when people takes worse prices then avaliable?
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

Hi favetelinguis, welcome to the forum.

In the time it takes to refresh prices, it's quite possible for a horse to trade from 7.8 down to 7.2 and then back up to 7.8. For this reason you may see bets matched when the price doesn't appear to move.

Bear in mind that when money disappears on the ladder it's not necessarily matched, the bets could be cancelled.

I should also point out that it's not possible to take a worse price than the best on offer. If you try you will automatically take any bets that are available at a better price. This is a function of the Betfair exchange, not Bet Angel.

Derek
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