Book percentage

[sibur]

I thought I would share a useful condition that you might want to include in your automation when backing a selection.
In many markets you might observe the odds jumping around from time to time but you want to make sure you get the best value. The book percentage is a good guage to use in this situation, so I add a condition onto my back rule that checks book % is less than 102.5%

Screenshot_20231029-101516-285.png

[ShaunWhite]

Taking a price when the overround is close to 100% is something punters would look for, as a 'trader' my gut instinct is to offer when it's not.

The fact Betfair have better value imo isn't an advantage for us because prices are never going to be good enough to just take, so you just lose slower, and tight overrounds reduce the margin on offers. It'll never happen due competition but this would be easy if every market had a 130% overround.

[Bobajob]

I thought I would share a useful condition that you might want to include in your automation when backing a selection.
In many markets you might observe the odds jumping around from time to time but you want to make sure you get the best value. The book percentage is a good guage to use in this situation, so I add a condition onto my back rule that checks book % is less than 102.5%
Screenshot_20231029-101516-285.png

[Bobajob]

Taking a price when the overround is close to 100% is something punters would look for, as a 'trader' my gut instinct is to offer when it's not.

The fact Betfair have better value imo isn't an advantage for us because prices are never going to be good enough to just take, so you just lose slower, and tight overrounds reduce the margin on offers. It'll never happen due competition but this would be easy if every market had a 130% overround.