Keep bets

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Keep bets

Postby N Counter » Mon Oct 29, 2012 6:00 pm

On the soccer corect score market:

If I tick the "keep in play" box and place a bet pre in-play it registers as a keep bet. If I do the same and submit a bet once the market is in-play it registers as cancel in-play so I then have to update to "keep" to avoid in being cancelled if a goal is scored or red card is shown, which I sometimes forget to do.

Does anyone know if it is supposed to work this way or could it work the way I would like it to?

Thanks
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Postby negapo » Mon Oct 29, 2012 7:05 pm

It's supposed to work in that way (there isn't another, it's not a BA thing). When a market turns in-play all bets are canceled in the event of a Goal or a Red Card, there is no option to keep that bet alive when the market turns to active.
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Postby N Counter » Mon Oct 29, 2012 10:45 pm

Thanks for your reply negapo. I can always achieve a keep bet that stays on even if a goal is scored or a red card is shown by updating the status. I just can't submit the bet as a keeper in one go while the market is in-play. This is what I would like to be able to do.
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Postby negapo » Tue Oct 30, 2012 11:00 am

N Counter, I didn't know that, I'm really surprised that you can keep a bet after the market is suspended for a goal or red card. Is this just for CS or it's like this for all markets that go in-play?

Just a thought: That creates the possibility of "free" money hanging there when a goal is scored and the market re-opens. Those bets have two possible outcomes most of the time (neither one of them very favorable for the people who left their bets "keep"): or they will be matched at very bad odds for the people who left them there (because the market has gone in their favor but the original odds of the bet are now very attractive) or they will be unmatched (because the market has gone against them). It would be better i think to create a trigger in BA to close your bet at more favorable odds in those situations. In the correct score this thought is a little bit more tricky because of the impossible outcomes that remain open and of how odds can behave for some of the outcomes.
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Postby negapo » Tue Oct 30, 2012 11:17 am

N Counter

I was testing now to place a bet on CS live. I have placed the bet in the site but i don't have any option to make it a "keep" like i have if the bet is placed pre in-play.
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Postby N Counter » Tue Oct 30, 2012 7:47 pm

I don't know about other markets.

Gary or Mark, can you please let me know if the "keep in play" tick box should work when sending a bet when the market is in-play?

Thanks.
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Postby GaryRussell » Tue Oct 30, 2012 8:22 pm

N Counter wrote:I don't know about other markets.

Gary or Mark, can you please let me know if the "keep in play" tick box should work when sending a bet when the market is in-play?

Thanks.

It doesn't work in play as Betfair do not accept keep bets in play, only before it turns in play.
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Postby N Counter » Tue Oct 30, 2012 10:42 pm

Thanks Gary.
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Postby MiniBlueDragon » Mon May 13, 2013 2:49 pm

Is it possible to define whether a bet will be marked as "keep" or "cancel" on a per bet basis? e.g. If I'm Backing a selection I want the bet to cancel if it goes in play and I don't have the requested odds before the off but for a Lay bet I'd like to let it ride in play?
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Postby Captain Sensible » Mon May 13, 2013 8:59 pm

MiniBlueDragon wrote:Is it possible to define whether a bet will be marked as "keep" or "cancel" on a per bet basis? e.g. If I'm Backing a selection I want the bet to cancel if it goes in play and I don't have the requested odds before the off but for a Lay bet I'd like to let it ride in play?


Your best , and safest, option is just to amend the bet 'keep' settings in the Bets Manager window and tick the IP box for your lay bets after you've placed them.
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Postby MiniBlueDragon » Tue May 14, 2013 12:28 am

Thanks Cap but won't that setting govern all bets, not just Lay/Back? Or did you mean to turn on Keep In Play but then figure out a way to add a Cancel solely for Back bets when the market goes in play?
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Postby Captain Sensible » Tue May 14, 2013 10:32 am

The problem you have is that the global settings will apply to all bets back and lay so it safer for you to just amend the bets individually to keep after you've placed them.

If you look in the bet manager at the bottom of the screen after placing a bet you'll see the keep bet columns. It's only a case of ticking the IP box for whichever bets you wish to keep in play, that way you don't need to worry about bets staying in play in error cos you forgot to cancel.
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Postby Captain Sensible » Tue May 14, 2013 10:37 am

Image
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Postby MiniBlueDragon » Tue May 14, 2013 2:29 pm

Ah see I'm automating via Excel formulae and VBA coding so I'm looking into way to automate rather than manually edit. I'll ponder. Thanks for the reply :)
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Postby Captain Sensible » Tue May 14, 2013 2:33 pm

No problem I thought you were playing manually, if it's via excel just use the inplay keep option for lay bets and not for back bets, it's as simple as adding '-IP' to the trigger

i'e' LAY-IP
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