I was informed by fellow member that betfair always matches you at the best available price and not the worst. However, I was reading the user guide in the "bet placement options" under "in play trader" in the user guide section and It stated;
If the horses current lay price is 2.20, and I only want to lay the horse at 2.28, won't betfair match me at the best available price which would be in this order;In a volatile market you may wish to ask for a price below the best price to improve your chances of being matched. If the best back price is 2.0 and the best lay price is 2.20 and you choose the 'Custom ticks outside best market price'. Setting the custom ticks to 2 would price a back bet at 1.98 and a lay bet at 2.24. A setting of 4 ticks would price a back bet at 1.96 and a lay bet at 2.28
2.20 - Current Price
2.22 - 2nd Best Price Available
2.24 - 3rd Best Price Available
2.26 - 4th Best Price Available
2.28 - 5th Best Price Available
So betfair would try to match me at 2.20, 2.22, 2.24 and 2.26 before attempting to match me at 2.28.
It is a little confusing because the definition stated that if you set a price below the best market price, you can set it at whatever custom ticks outside the best market price. However, wont betfair try to match you at other prices before your desired price? Or can betangel place your lay bet of 2.28 or worse into the market only if price is currently at 2.28 and not before?
Thank you for taking the time to read this, much appreciated, look forward to hearing from you.