any advise or help

[samhayer]

Hi to all, I would like to know if it possible to set up the software so during a in play horse race when the back odds reach a certain point the software would place a back bet at a lower pre demined odds price and wait for a match . could this be done using Exel or any other method thanks

[MarkRussell]

Hi,

You can get Excel triggered betting or Conditional bets to fire in a bet once the odds reach a certain point but you cannot request odds that are lower than where the odds are currently being offered because of Betfair's Best Execution.

Please see http://en.learning.betfair.com/app/answers/detail/a_id/2659/~/what-is-best-execution

You will simply get matched at the better odds.
You will need to wait until the odds reach where you want to bet at and then fire in the bet

Regards,
Mark

[samhayer]

Okay Mark thanks for that quick reply

[samhayer]

When you say you will simply get matched at the better odds this is what I would want as a lot of times using Excel triggered betting or Conditional bets I don’t get matched and this way I would get the best match available

[MarkRussell]

When you say you will simply get matched at the better odds this is what I would want as a lot of times using Excel triggered betting or Conditional bets I don’t get matched and this way I would get the best match available

Yes if you want a better chance of being matched then request lower odds.

[samhayer]

So is it possible to request lower odds then the back odds knowing I stand a better chance of getting matched higher then the requested lower odds and probably lower then the back odds at that time? Could the software be programmed to do this?

[MarkRussell]

Hi,

Have a look at the video in the following link which demos the basics of Excel triggered betting:-

http://www.gruss-software.co.uk/forum/viewtopic.php?t=6046

In the video you see me demo setting up a conditional bet, i.e. it is only fired in once the odds reach a certain range.
You could set something up similar to this so that your back bet is only triggered when the odds reach your desired point and whereas in the demo I was requesting current odds you can put whatever odds you want to request, i.e. lower odds.

Regards,
Mark

[samhayer]

okay will do and thanks again