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madhatters
05 Sep 14 22:23
Joined:
Date Joined: 16 Apr 11
| Topic/replies: 24,352 | Blogger: madhatters's blog
Tried to place IR bets pre race today
To keep once in play
At lower than available pre-race price

No options available to keep unmatched once confirmed
Bet was placed at odds available pre-race

Queried with Betfair as to how it happened

Answer from Betfair towers boyo

"Thanks for your email.

All back bets submitted will be matched at best price, that is how the system works. One can place a lay bet at a much lower price to be kept in play, but not a back bet.

As regards Bet Manager, would appear to be a phrase unknown to Betfair."

Am i going mad ?
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Report onlooker September 5, 2014 11:22 PM BST
Of course there was .... !No options available to keep unmatched once confirmed" - because ...

- Your bet would have ALREADY been MATCHED.... in the PRE-Race Market.

If you were requesting a bet at say 4.0 'In-Running'- as a 'Keep' - but the PRE-race Offer was 6.0 - at the time you placed your request  - Well......

If you were asking to 'Keep' a bet at 6.0 - But 6.0 was available when you made that request/Bet - then ....

the 'KEEP' Option is NOT - 'Keep' UNTIL the Market turns 'In-Running' - whatever the odds.

The 'KEEP' Option is - 'Keep' the bet ALIVE - and ON INTO the 'In-Running' Market .... IF NOT Matched  PRE-Race.
Report norman September 6, 2014 12:49 AM BST
No keep option when i try on my ipad.....usually have to phone up during race....then they get all grumpy
Report HorseBurger1989 September 6, 2014 12:58 AM BST
I don't bother with the 'keep' option anymore, 3 times I asked to keep for in running and all 3 times the price went shorter than the price I was asking for (lay price) and all 3 times I didn't green up, it pissed me of as all 3 lost and I was right to try and trade out, I kicked the door in frustration and had to replace the door twice Laugh

I now use the betting assistant to do anything I/R related although its not often, maybe once a day. my advice is get software for I/R if that's your thing, its a lot faster and its one click betting, and none of that click to place bet, click to confirm bet bull****, by the time you've clicked it twice in running the price as gone trust me, you need to have a fast internet connection and software for that game, I do now get the trade outs but its not my cup of tea tbh.
Report madhatters September 6, 2014 12:21 PM BST
Cheers for replies - so far

Not sure what you mean Onlooker about the line that ends in Well...

I thought i had explained it well enough - maybe not
E.G. I tried to back IR at 1.3 on a 3.05 pre race price
I.E. I wanted the bet to persist into the "In running" market

Every race you will see the graph showing odds down to 1.01
Which wouldn't happen if bets were always matched at higher than requested - correct ?

Taken from BF FAQ's -

What are the options 'Keep bet' and 'Take SP' when I have an unmatched Exchange bet?
Updated 26/12/2013 12.12 PM
An Exchange bet is a normal bet placed by choosing the odds of your selection from the market view (as opposed to clicking on the ‘SP’ of your selection). When an Exchange bet is fully or partially unmatched it can be adjusted and cancelled in the normal course.
In the past, unmatched bets were automatically cancelled when a market was suspended at the ‘off’ of the relevant event. With the "Keep bet" and "take SP" option you can now choose to either have your unmatched Exchange bet convert to an SP bet when the market suspends at the start of the event, or to have the bet ‘persist’ when the event goes in-play


Flummoxed Hatter here & maybe a fick one Sad
But... sure i have done this option before
So.. is it my computer / me or Betfair ?
Report Deltâ September 6, 2014 12:27 PM BST
madhatters - ur boys on Sky at the moment and gonna win - get on!...
Report madhatters September 6, 2014 12:34 PM BST
Champions League soon enough Delt Grin
Report Princes Purple Guitar September 6, 2014 12:42 PM BST
you cant back at lower than market value

you can have keep back bets at higher than market value

you can also have keep lays in there lower than market value

the 1.01's are track players picking up pennies in running plus others who are fast
Report TheNorfolkMafia September 6, 2014 12:44 PM BST
Eggsackalee!
Report madhatters September 6, 2014 12:59 PM BST
Ok
How do i become a pretendee track player
& get my back in pre-race at lower than market odds then

There is money all the way down to 1.01 pre-race on all races
Why isn't that matched at higher price available now ?

I'm going for a quick liedown - brain hurty Grin
Report Princes Purple Guitar September 6, 2014 1:37 PM BST
that money is lay money not back (even though in the back column)...in the lay column you will see it is above market value
Report madhatters September 6, 2014 1:44 PM BST
Cheers Bus

Stay away from IR usually
You can see why Grin

Better compose my apology to BF lad Laugh
Report Deltâ September 6, 2014 1:46 PM BST
and ya gone one down Cry
Report madhatters September 6, 2014 1:49 PM BST
Sssssshhh
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