when you are matched at a better price than asked

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puntinrolls
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Joined: Mon Aug 31, 2020 3:01 pm

Trying to understand why this happens sometimes, for example you ask for back price of 3.0 but are matched at a better price, say 3.1?
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Euler
Posts: 26689
Joined: Wed Nov 10, 2010 1:39 pm

It's called best execution and is a standard part of the betting exchange model. If you were willing to back at 1.50 then why not 2.00?
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Trader724
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The question is, in fact, doesn't someone first take the money you offer for the price to move to better odds?
rik
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Joined: Sat Jan 25, 2014 5:16 am

Trader724 wrote:
Mon Feb 01, 2021 2:08 pm
The question is, in fact, doesn't someone first take the money you offer for the price to move to better odds?
if the price moves after you placed your order than yes, otherwise you get the better price
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Trader724
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Exactly
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Kai
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when you are matched at a better price than asked

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Trader724
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puntinrolls
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