Take SP not working

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spreadbetting
Posts: 3140
Joined: Sun Jan 31, 2010 8:06 pm

The BSP limits are by liability not stakes, you'd have to look up the limits for your country as you've quoted on dollars but the UK limits are £2 backing and liabilities of £10 when laying. The AUS limit laying is around 30 dollars I think

The limits apply to unmatched bets Shaun so an unmatched lay liability of £9 won't go into the bsp pool even if it was part of a larger bet.

If you think you hit the limits just email the bet id from your betting history, probably under lapsed and ask them. They're usually very quick if you get thru to the bdp team.
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

spreadbetting wrote:
Mon Apr 02, 2018 2:17 am
The limits apply to unmatched bets Shaun so an unmatched lay liability of £9 won't go into the bsp pool even if it was part of a larger bet.
Cheers sb. It's not something that affects what I do but I like to know these things. I'd never heard of that being an issue before so it was a shot in the dark.
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Cards37
Posts: 234
Joined: Sun Oct 01, 2017 7:40 am
Location: Canberra, Australia

Where can I find a list of the persistence codes? Googling isnt helping much.
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Cards37
Posts: 234
Joined: Sun Oct 01, 2017 7:40 am
Location: Canberra, Australia

So here is an example. Almandin bets took SP and Gailo Chop didnt.

AUS / Rose (AUS) 31st Mar / 15:30 R6 2400m Grp1 2. Almandin Lay 120782167282 31-Mar-18
15:25 SP C 15.56 34.40 3.21 (34.40)
AUS / Rose (AUS) 31st Mar / 15:30 R6 2400m Grp1 2. Almandin Lay 120782165780 31-Mar-18
15:25 SP C 15.56 34.40 3.21 (34.40)


AUS / Rose (AUS) 31st Mar / 15:30 R6 2400m Grp1 1. Gailo Chop Lay 120782276980 31-Mar-18
15:27 P 2.3 16.00 Unmatched
-

AUS / Rose (AUS) 31st Mar / 15:30 R6 2400m Grp1 1. Gailo Chop Lay 120782206256 31-Mar-18
15:26 P 2.3 16.00 Unmatched
-

AUS / Rose (AUS) 31st Mar / 15:30 R6 2400m Grp1 1. Gailo Chop Lay 120782205668 31-Mar-18
15:26 P 2.3 16.00 Unmatched
-

AUS / Rose (AUS) 31st Mar / 15:30 R6 2400m Grp1 1. Gailo Chop Lay 120782205139 31-Mar-18
15:26 P 2.3 16.00 Unmatched
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ShaunWhite
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Joined: Sat Sep 03, 2016 3:42 am

Cards37 wrote:
Mon Apr 02, 2018 3:03 am
Where can I find a list of the persistence codes? Googling isnt helping much.
Probably easiest to use BF support and they'll tell you about regional restrictions.
phrenetic
Posts: 45
Joined: Sun Oct 16, 2016 5:11 pm

Currency limits (taken from http://docs.developer.betfair.com/docs/ ... Parameters)
bf_currency.png
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Cards37
Posts: 234
Joined: Sun Oct 01, 2017 7:40 am
Location: Canberra, Australia

Hmm $30 min liability, so would those Gailo Chop individual bets have not qualified? Surely it takes the aggregate position on a runner?
spreadbetting
Posts: 3140
Joined: Sun Jan 31, 2010 8:06 pm

Each individual bet ID needs to meet the minimum requirements
Autolearner
Posts: 49
Joined: Sat Mar 11, 2017 4:28 pm

I have a question regarding minimum bet sizes

I have been doing a bit of experimenting Dutching 2 or 3 horses in play with a £10 total bet. I noticed that occasionally the 3rd horse would end up with a sub £2 stake, yet it seemed to be accepted and processed normally

It is not my intention to break the rules, so since I noticed it I generally either do just 2 horses or have a larger stake

But can anyone tell me the implications of my inadvertent sub £2 bet as an element of the overall Dutching?
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

Autolearner wrote:
Tue Apr 03, 2018 3:58 am
I have a question regarding minimum bet sizes

I have been doing a bit of experimenting Dutching 2 or 3 horses in play with a £10 total bet. I noticed that occasionally the 3rd horse would end up with a sub £2 stake, yet it seemed to be accepted and processed normally

It is not my intention to break the rules, so since I noticed it I generally either do just 2 horses or have a larger stake

But can anyone tell me the implications of my inadvertent sub £2 bet as an element of the overall Dutching?

Absolutely no problems at all. Bets under £2 are allowed.

The issue is that if you place an unmatched bet and then change it's status to 'take sp'; if <£2 (bet) or <£10 (lay liability) remains unmatched at the start of the event, it will be cancelled instead of being matched at SP as you've asked.

It could be a 78p unmatched bet that was never matched, or a £100 unmatched bet that only gets £99.22 in matches before the start. Both ways 78p doesn't get taken at SP.

Of course if the unmatched bet is fully matched before the start of the event then this isn't an issue.

As an aside and the other considersation with <min bets, to avoid the £2 limit that BF imposes on the website, when you place a sub min bet, BA actually places a qualifying bet (>min) well outside the current price and then immediately amends it to the amount and price requested (you can do this manually on the BF site actually to avoid the min). This is 100% allowed but the consequence is that the bet takes twice as long to be placed. Not usually an issue pre-play but in-play that takes the time taken to place a bet from 1 second to 2, other sports may be much longer.

The only thing you are ever to get 'in trouble' for with BF is placing a large number of trades in practice mode. They're also likely to send you a bill for transaction charges if you place vast numbers of rapid trades, ie >1000 in any given hour.
Autolearner
Posts: 49
Joined: Sat Mar 11, 2017 4:28 pm

Thanks for the various clarifications and quick response Shaun

I was aware of the high transaction rate charge but should be nowhere near that as my Dutching is only on a few races per hour and uses the BA functionality to do it, not using a bot

I didn't know how sub-min bets work - interesting

I may be experimenting with some bots soon at first in practice mode, but sparingly.

Thanks again for all the advice you and the rest of the guys offer throughout this very supportive forum
phrenetic
Posts: 45
Joined: Sun Oct 16, 2016 5:11 pm

ShaunWhite wrote:
Tue Apr 03, 2018 4:53 am
The issue is that if you place an unmatched bet and then change it's status to 'take sp'; if <£2 (bet) or <£10 (lay liability) remains unmatched at the start of the event, it will be cancelled instead of being matched at SP as you've asked.
Not strictly true.

The minimum stake/liability limits apply when placing BSP bets (i.e. taking the BSP option when placing a bet).

If you are using the Take SP option (i.e. convert to SP if unmatched at the off), then the limits apply to lay bets only.

If you want to try this out, take the fav in a race then place a 10p back bet at odds of 900 and then use Take SP. Your 10p should be matched at BSP when the race goes inplay.
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Cards37
Posts: 234
Joined: Sun Oct 01, 2017 7:40 am
Location: Canberra, Australia

spreadbetting wrote:
Mon Apr 02, 2018 11:56 pm
Each individual bet ID needs to meet the minimum requirements
ok. Issue solved. Thanks all.
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