I have guardian place backs at well above current price at 12pm using net stake to cover all my overnight lays and then I use 'Take SP' as a failsafe should betfair go down later, but I've noticed that if only £1 lay was matched on a selection no back gets placed. Is this a BA issue related to the £2 minimum bet size? I'm pretty sure sub £2 bets are never a problem when specifying a bet size of sub £2 - i.e when not using net stake. I only started using this method a week ago, and it seems all £1 bets have been missed.
Anyone else noticed this?
Sub £2 'net stake' bets don't get placed by Guardian?
- ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
Betfair Ts&Cs. Part B, rule 9.
The minimum liability for a bet placed at Betfair SP is £10 for a lay bet and £2 for a back bet (or the currency equivalent in each case).
The minimum liability for a bet placed at Betfair SP is £10 for a lay bet and £2 for a back bet (or the currency equivalent in each case).
- Kafkaesque
- Posts: 886
- Joined: Fri Oct 06, 2017 10:20 am
Do you have all your funds tied up in the markets at the time? Guardian, despite being able to do the small bets, still has to "cheat" the market by placing the £2 at 1.01/1000, changing it to £2.01 (if your asking a penny) and cancelling the £2 bet.
Might not be the issue. Just a stab.
Might not be the issue. Just a stab.
Couldn't think of any reason why 'Net' stake bets below £2 wouldn't work the same way as regular bets below £2 so just tested it to be sure with 0.50p lay followed by an automated 50p (net stake) back bet which triggered fineweemac wrote: ↑Sat Oct 26, 2019 3:37 pmI have guardian place backs at well above current price at 12pm using net stake to cover all my overnight lays and then I use 'Take SP' as a failsafe should betfair go down later, but I've noticed that if only £1 lay was matched on a selection no back gets placed. Is this a BA issue related to the £2 minimum bet size? I'm pretty sure sub £2 bets are never a problem when specifying a bet size of sub £2 - i.e when not using net stake. I only started using this method a week ago, and it seems all £1 bets have been missed.
Anyone else noticed this?
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I let my lays build up overnight and then at 12pm I tell Guardian to back net stakes at 990. Sometimes I only get £1 lay matched overnight. Then at 12.01pm I 'Take SP' all bets. But Guardian just isn't interested in placing the £1 backs at all (for me). Why was it a 49p back size against a 50p lay? You're not inputting delayed offset bets (with greening?) against the lays, are you? I'm not doing that.
I manually placed a 0.50p lay bet shortly before the back bet rule was armed to triggerweemac wrote: ↑Sat Oct 26, 2019 5:06 pmI let my lays build up overnight and then at 12pm I tell Guardian to back net stakes at 990. Sometimes I only get £1 lay matched overnight. Then at 12.01pm I 'Take SP' all bets. But Guardian just isn't interested in placing the £1 backs at all (for me). Why was it a 49p back size against a 50p lay? You're not inputting delayed offset bets (with greening?) against the lays, are you? I'm not doing that.
I'm not using any offsetting, in the 2nd image, the lay was for 50p again but the net stake was 49p because i'd previously greened up after the first test for a -1p loss
Have you double checked all the conditions and/or timings of your back bet rule?