Last price matched chart

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Last price matched chart

Postby BENNY97 » Mon Jun 20, 2011 3:34 pm

Hi Gary , i hope you don't mind me asking ,but on the last priced matched price chart how do you arrive at a red bar if the price has traded on the lay side and green bar if traded on the back side, what i'm trying to say is does it only show say 1 bar if a 1k bet has been matched at a particular price and 1 bar if a £20 bet has been matched at a particular price. , i only want to know to help me with my trading.
Thanks
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Postby GaryRussell » Mon Jun 20, 2011 5:31 pm

It doesn't matter how much is traded at a particular price. If it goes up it's green, if it goes down it's red.
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Postby BENNY97 » Mon Jun 20, 2011 5:38 pm

O.K i feel a bit stupid now :?
so it's just that straight foward ? if a £2. bet is traded on the lay side 1 red bar will appear ?
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Postby GaryRussell » Mon Jun 20, 2011 5:58 pm

BENNY97 wrote:O.K i feel a bit stupid now :?
so it's just that straight foward ? if a £2. bet is traded on the lay side 1 red bar will appear ?

No, it doesn't indicate which side it was matched on. Betfair do not provide that information. It only indicates if the last price matched is higher or lower than the previous, not on which side. Red for lower and green for higher.
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Postby BENNY97 » Mon Jun 20, 2011 7:07 pm

Thanks , i understood already that if its mostly green bars it means the price is probably going down and vice versa if its red.
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Sports betting software from Gruss Software


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.