by MarkRussell » Fri Mar 22, 2019 5:28 pm
Hi,
What stake amount are you using for the Lay SP?
The liability needs to be a minimum of £10 which is what Betfair will use to match you at SP, i.e. they will meet you original liability.
i.e. you need to use a minimum £1000 on your 1.01 unmatched bet which gives you the £10 liability.
Then when SP is reconciled, let's say the SP odds are 3.0 you will still have a £10 liability because they will use a stake of £5.
So the higher the actual SP odds end up being the less profit you make.
Hope that makes sense.
Regards,
Mark