'SP take all' for lay bets

Discussion regarding the spreadsheet functionality of Bet Angel.
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Luke.B
Posts: 119
Joined: Wed Dec 25, 2019 1:28 pm

Hi i cant get Take_SP_all to work for lay bets.

20/04/2020 13:09:32: [Excel] : $ 150.00 Lay bet placed on 2. Im Savvy at 1.01. Entirely unmatched when it initially reached the market. Ref: 199521195402

20/04/2020 13:09:55: [Excel] : Modify bet persistence 199521195402 from 'Cancel' to 'Take SP'

I am putting a large enough value under stake that represents because i think betfair needs my liability.
Anbell
Posts: 2395
Joined: Fri Apr 05, 2019 2:31 am

Your liability needs to be above $AUD30, whereas yours is $1.5


Can I request to 'TAKE SP' on an unmatched lay bet if my liability is less than $30? (minimum liability)
Yes, but at the off if the liability on the bet is less than $30 the bet will be cancelled and will not be included in the SP reconciliation. For example: As an Exchange layer I decide to lay a horse for $15 @ 2.0. It is trading at 3.0 so my bet is unmatched. I then request to ‘Take SP’ at the off if my bet is still unmatched at 2.0. The system will allow this request but if unmatched at the off it will lapse. Also, if a customer for example asks to lay $150 at 1.5, convert to SP if unmatched, and $120 gets taken leaving $30 lay at 1.5 the balance will cancel at the off. It will not convert into an SP lay bet as the revised balance at the off was less than the minimum $30 liability allowed for SP bets.
https://www.betfair.com.au/hub/betfair- ... price-faqs
Luke.B
Posts: 119
Joined: Wed Dec 25, 2019 1:28 pm

Thanks Anbell.
For anyone else i got there the long way.
If you want to lay sp therefor you are putting odds of 1.01
like anbell says you will need to put in a stake of $3000. As that converts your liability to $30.
But beware as if the selection is $15 you will only take $2 of the backers money.
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