LAY SP in custom column

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LAY SP in custom column

Postby Optimus_Primed » Fri Mar 22, 2019 10:02 am

Hi all,

I have a custom column set up for Backing SP (i request odds of 1000/1 ensuring i don't get matched before the off)

I was trying to do the reverse for Lay SP (i request odds of $1.01 ensuring i don't get matched until the off)

The back column works fine, but the Lay column just disappears when race turns in play.

Any suggestions?
Optimus_Primed
 
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Re: LAY SP in custom column

Postby 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
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Re: LAY SP in custom column

Postby Optimus_Primed » Sun Mar 24, 2019 5:21 am

Thanks Mark yes my liability was too low - thanks for clearing this up
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