Bet Settlement times - Betfair

[StuT]

Hi all,

Not a Gruss question specifically.

How long does it take Betfair to settle bets in UK horse race markets and also AUS Horse Racing markets?
What's the normal time frame?

I'm asking this because if I place bets on each market I may need to wait wait until bet settlement before moving on, a kind of cash flow situation.

Thanks again.

[Captain Sensible]

Usually very quick but obviously things like stewards, delays etc can all slow down settlement. Guess a lot depends on just how bad a race or two affects your strategy, never the best strategy to depend on a previous result if you're betting a race at a time.

You could aways log the race results if you want to see if the previous race has been settled before placing bets, just use the bet logging results sheet http://www.gruss-software.co.uk/Betting ... esults.htm and monitor the sheet for RESULT_NOT_AVAILABLE or you can just simply check your balance in cell I2/J2 and see if there's enough of a balance to place your bets. Then either reduce your stake so you don't miss out or wait till it is enough to carry on or not.