General Betting
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Is it possible to place a bet at odds worse than are on offer and NOT have betfair automatically match them at the current best?
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Replies: 9
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No. Why would you want to?
Even if they didn't give you the best price, they would still be instantly matched by what is currently on offer. So betfair can either a) Instantly match them, giving you the bad price you entered and pocketing the difference (or giving the better lay odds to whichever lucky punter is in front of the queue) or b) match you at the best price available currently. If you think you have a need or want for this function, you need to re-think how the market works! |
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I think he wants a 'stop' order. There may be software which offers this feature.
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gruss doesn't via conditional betting but it's not a great feature
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Without knowing the motivation it is hard to answer this one.
I have software that will do it but only on Horses and Greyhounds. If you are laying you ask the bot to lock onto the current price available, seconds before the off, but not to match until x ticks under that price. Backing is the same except you ask for x ticks over. The thing is that when the market has moved enough, to fire in your bet, it is actually moving against you! and whilst you may have better odds it is likely to be a loser for you! |
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TheVis, I am sure that Gruss can do it in Conditional Bets as you can ask it to place bets when a selection is at a certain price or between two prices.
You can ask it to perform this function, on either side of the market, but in reality the market may move too quickly, to accommodate your own bet, even if it grabs the position initially. |
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That is one of the reasons I said it is not a great feature.
The OP must have some kind of "if a horse reaches x in running then it will win so I will back it" kind of strategy which has to be flawed. |
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Actually, forget everything I said before, as the strategy is lunacy (unless the OP can better explain why he would want to do this)!
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Maybe OP wants to place multiple bets at something like 1.05, but only wants to be matched if they hit such a number. Perhaps there are stats (I doubt it) that show when horses hit 1.05, they go on to win more than the odds would suggest.
This is the only non-idiotic way I can justify such an action. |
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Been there, done that TV!
If you asked Gruss to back in the win Markets when a price hits (for instance) 1.25 you could get a whole string matched if covering the field. If only on one position, as you say, it can still lose right down to 1.01. Backing horses in the place market, can easily see half a dozen matched at 1.3, not just because of a horses position in the race but due to the market having gone thin on some runners. |