Moderator: 2020vision
by bolpx001 » Wed Mar 28, 2018 4:28 pm
by alrodopial » Wed Mar 28, 2018 4:46 pm
by MarkRussell » Wed Mar 28, 2018 5:16 pm
by bolpx001 » Wed Mar 28, 2018 5:43 pm
by KESIMKESIM » Wed Mar 28, 2018 6:49 pm
by bolpx001 » Wed Mar 28, 2018 8:33 pm
by MarkRussell » Thu Mar 29, 2018 9:46 am
In a normal Exchange market, if you are laying you are asked to specify the backer’s stake you would like to try to win and your liability is calculated for you.
In contrast when placing an SP lay bet layers are asked to specify a liability (rather than a backer’s stake). This is because the SP won’t be known until the off, so customers have to specify the liability they desire so that we can ensure they have sufficient funds in their account to pay the backers we match them with should the selection go on to win. Backers and layers at SP will therefore not know how much they could win until the start of the event. Backers at SP specify their stake as normal and this amount will reduce their “available to bet” balance as usual.
by bolpx001 » Thu Mar 29, 2018 6:27 pm
The strength of Gruss Software is that it’s been designed by one of you, a frustrated sports punter, and then developed by listening to dozens of like-minded enthusiasts.
Gruss is owned and run by brothers Gary and Mark Russell. Gary discovered Betfair in 2004 and soon realised that using bespoke software to place bets was much more efficient than merely placing them through the website.
Gary built his own software and then enhanced its features after trialling it through other Betfair users and reacting to their improvement ideas, something that still happens today.
He started making a small monthly charge so he could work on it full-time and then recruited Mark to help develop the products and Gruss Software was born.
We think it’s the best of its kind and so do a lot of our customers. But you can never stand still in this game and we’ll continue to improve the software if any more great ideas emerge.