Horse Racing In-play

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brooksyyid
Posts: 10
Joined: Sat Jul 23, 2016 3:41 pm

Hi Guys and Girls,

This is probably a silly question as i think i know the answer, but what is the best way to obtain a certain price during a race.

Say a horse race goes in play and i want to Back any horse that trades at 1.7 (dont want best market price, want actual price) can this be achieved?
I know you can set prices to lay at pre-off but is there a way round backing this way?

I was hoping you could place a LAY bet at 1.69 with a 1-ticks offset (BACK bet set at 1.7), then get automation to cancel LAY bet straight after, therefore just leaving BACK bet in market?
This would be amazing if this is possible.

thanks
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Derek27
Posts: 23673
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

brooksyyid wrote:
Sun Sep 27, 2020 5:04 am
Hi Guys and Girls,

This is probably a silly question as i think i know the answer, but what is the best way to obtain a certain price during a race.

Say a horse race goes in play and i want to Back any horse that trades at 1.7 (dont want best market price, want actual price) can this be achieved?
I know you can set prices to lay at pre-off but is there a way round backing this way?

I was hoping you could place a LAY bet at 1.69 with a 1-ticks offset (BACK bet set at 1.7), then get automation to cancel LAY bet straight after, therefore just leaving BACK bet in market?
This would be amazing if this is possible.

thanks
It's not technically possible to take a worse price than the best price at the time your bet hits the exchange as Betfair automatically give you the best price. Off the top of my head I can suggest a couple of possibilities.

1. Place a bet at the best price, work out how much better off you are and then throw that money away.

2. You could try going into your Betfair settings and clearing the tick box that gives you the best price, I believe this is a legal requirement that you get the price you ask for (and no lower or higher). I've no idea how it works - you might be the first person to try it!
User avatar
Dallas
Posts: 22726
Joined: Sun Aug 09, 2015 10:57 pm
Location: Working From Home

brooksyyid wrote:
Sun Sep 27, 2020 5:04 am
Hi Guys and Girls,

This is probably a silly question as i think i know the answer, but what is the best way to obtain a certain price during a race.

Say a horse race goes in play and i want to Back any horse that trades at 1.7 (dont want best market price, want actual price) can this be achieved?
I know you can set prices to lay at pre-off but is there a way round backing this way?

I was hoping you could place a LAY bet at 1.69 with a 1-ticks offset (BACK bet set at 1.7), then get automation to cancel LAY bet straight after, therefore just leaving BACK bet in market?
This would be amazing if this is possible.

thanks
These might help if you are using Automation
viewtopic.php?f=47&t=11621

viewtopic.php?f=52&t=11414
brooksyyid
Posts: 10
Joined: Sat Jul 23, 2016 3:41 pm

Derek27 wrote:
Sun Sep 27, 2020 6:38 am
brooksyyid wrote:
Sun Sep 27, 2020 5:04 am
Hi Guys and Girls,

This is probably a silly question as i think i know the answer, but what is the best way to obtain a certain price during a race.

Say a horse race goes in play and i want to Back any horse that trades at 1.7 (dont want best market price, want actual price) can this be achieved?
I know you can set prices to lay at pre-off but is there a way round backing this way?

I was hoping you could place a LAY bet at 1.69 with a 1-ticks offset (BACK bet set at 1.7), then get automation to cancel LAY bet straight after, therefore just leaving BACK bet in market?
This would be amazing if this is possible.

thanks
It's not technically possible to take a worse price than the best price at the time your bet hits the exchange as Betfair automatically give you the best price. Off the top of my head I can suggest a couple of possibilities.

1. Place a bet at the best price, work out how much better off you are and then throw that money away.

2. You could try going into your Betfair settings and clearing the tick box that gives you the best price, I believe this is a legal requirement that you get the price you ask for (and no lower or higher). I've no idea how it works - you might be the first person to try it!


Thanks Derek much appreciated
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