In-Play

Discuss anything related to using the program (eg. triggered betting tactics)

Moderator: 2020vision

In-Play

Postby Shaun » Fri Jan 14, 2011 9:59 am

I have a question, if i have layed a runner @$3 and wish to put in a back price of $1.50 to stay in play how should i do this.

i tried and when i put in the back price it just matched it at the best back price at the time but this is not what i want it to do.

The idea is like an insurance bet, if the price gets down to $1.50 in-play there is a good chance the runner will win that's why i want the back bet, but if the runner blows out then there is a better chance it won't win so the back bet won't get matched.
Shaun
 
Posts: 435
Joined: Fri May 09, 2008 11:11 pm
Location: Kellerberrin, Western Australia

Postby GaryRussell » Fri Jan 14, 2011 10:17 am

It's impossible, Betfair don't provide this facility, they only offer "best execution". Your only option is to use conditional betting or Excel to trigger the bet when the price drops to 1.5. Your will also have the problem that your bet will not get matched frequently because if it's going to win the price will continue to fall so after the in play delay is imposed it's too late. Most times that you do actually get matched at 1.5 it will go on to lose.
User avatar
GaryRussell
Site Admin
 
Posts: 9872
Joined: Fri Nov 18, 2005 8:09 pm
Location: Birmingham, UK


Return to Discussion

Who is online

Users browsing this forum: Bing [Bot] and 46 guests

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.