Disable 3 second bet timer
That is not a Bet Angel function. It's a function of the Betfair exchange and only applies to markets in-play to level up the playing field for people watching the event with varying latencies. It cannot be disabled.
I've never really understood how this works.. I mean theyre still ahead of everyone else ?
They still have an advantage but it's a reduced advantage. With a 5-second delay, as long as the suspend monkey suspends after a goal within 5 seconds of the goal being scored, in theory, it should be impossible for somebody at the match to back the goal-scoring side after the goal has been scored.Fugazi wrote: ↑Sat Apr 13, 2024 12:24 pmI've never really understood how this works.. I mean theyre still ahead of everyone else ?
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jamesedwards
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You can cancel an offer immediately, but to take an offer takes X seconds. So an in-play bet delay incentivises market makers and liquidity providers to make offers rather than just take.Fugazi wrote: ↑Sat Apr 13, 2024 12:24 pmI've never really understood how this works.. I mean theyre still ahead of everyone else ?
The delay varies on football based on expected max delay to Betfair's live info feed. This protects market makers from being wiped out by a significant event being acted on before the market can be suspended. Nobody with any sense would put any money up on a football in-play market with zero delay, so there would be much less liquidity.
It's a good thing, like others have said it's to try and somewhat level the playing field for everyone involved
When I was market making tennis before it went tits up you really needed to be on your toes or else you get swept up by courtsiders and the like
When I was market making tennis before it went tits up you really needed to be on your toes or else you get swept up by courtsiders and the like