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Post by hutchie91 on Nov 15, 2020 13:31:09 GMT
Hi there,
Long time reader, first time poster. I'm playing around with a few different strategies, nothing serious, but I want to have a strategy where I lay all horses (or dogs etc) at a fixed price (say 150), and then leave it in play so only drifters get matched, and everything else gets cancelled, if that makes sense.
What keeps happening is the bets are placed at the correct fixed price as per my strategy, but each bet is being matched at a shorter price. Update is turned off, I've tried setting the price offset min and max, but they keep matching anyway.
Is there any way to only allow the bet to match at the longer price?
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Post by Ipposnif on Nov 16, 2020 20:50:33 GMT
Hi, if I have understood well, you want to lay drifters, only when they have drifted (at 150/1 for example), but you want the bet is placed before this happens, right? This is called Limit Order, and it is quite common in Stock Exchange and Forex trading, but it is not present in Betfair markets. To achieve this, in Betfair markets, you have to wait until the runner has drifted to the odd you wish, and then place the bet (as fast as possible). Otherwise, you will match the bet at the best lay price available at the moment of the placement: if the runner is at 20/1 and you ask for 150/1, the bet will be matched immediately at 20/1.
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