What is...

[markjohnconley]

As a Betfair user for some years when placing a lay bet it was often 'upped' by one tick seemingly automatically (these are unmatched bets)
What function is this, is it available in BetAngel? thanks, mark

[markjohnconley]

is this too difficult a question or too easy? have i made it comprehensible?

[Euler]

Bet Angel can cancel and replace a bet at the current odds, if that is what you are asking. There are a number of way to do this but it depends what you are trying to do.

[markjohnconley]

Thanks Euler.
I'd like to trade on one outsider whose odds, IMO, are well over. I place a lay bet on offer and it is immediately undercut by one tick. This is the rule? I want to be able to use, any idea, thanks, mark

[markjohnconley]

Does BA reply still?

[legendz]

BA can do almost anything imo, a little more detail will get a better reply, undercut and upped arent really words we use therefore users wont respond , give an example and if it can be done the forum will tell you, also be patient for answers if you cant be patient for a response there is a very detailed manual which explains in pains taking detail all aspects of the software, I like many others have read it front to back maybe you should try the same.

[markjohnconley]

thanks legendz, i'm working my way, p73, but i find the videos easier to follow, a picture worth ..., my problem is i'm not familiar with the terms used, i've looked at the glossary, i'm fine with 'ticks' 'offset', 'greening' but after that whoooah, and 'reverse'ing absolutely confounds me, but thanks anyway, mark

[markjohnconley]

i have watched the video "reversing the ladder" twice now. i comprehend that the back and lay sides are reversed, with lay (pink) on the left now. Is that all 'Reverse' in the 'Force Open' option dropdown box do, just reverse the back and lay sides or does it change the bets? (meaning the money I am prepared to lose at a certain price) at all?, thanks anyone

[Euler]

When set to none it backs or lays at the current price. When set to reverse it backs at the current lay price and lays at the current back price. Back or lay just backs or lays at any of those prices.

[markjohnconley]

Thanks Euler. "backs at the current lay price and lays at the current back price", on face value doesn't make sense, not a smart move, that be my problem.

[Euler]

Basically if you reverse the book you are offering money to it so the order will stay there until somebody takes its. If the book is not reversed then you just take the current best available price.

[markjohnconley]

Thanks Euler for trying, I need simpler language, I've been investing in slow racehorses for nearly 40 years and am not familiar with many of these terms/phrases you blokes use. I need an example in real numbers, as i said i've seen the video but he moves tooo quickly, I spend most of my time replaying say a 10 second section trying to see where that mouse goes, thanks again, mark

[rubysglory]

If win price was 4 and lay price was 4.2, by reversing the book you are asking to be matched at a better price than that currently on offer. Instead of accepting the current offered price you are asking for someone to match your request. Hence the term matched betting. Try Dutching (backing) a slow moving market - perhaps tennis or football with a few hours to start time. Try with small stakes first and record prices on paper so you can review later. This might help you get a feel for the theory.The reverse of Dutching is Bookmaking.

rg

[markjohnconley]

Thanks RubyGlory, methinks i'll have to sacrifice some money on a real 'reverse' book and see what happens, that better work. All the best to all that have tried, mark

[legendz]

Just for a heads up. The guy going to fast for you with the mouse is Euler