fill or kill and odds override.

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fill or kill and odds override.

Postby Bookmatch » Tue Mar 16, 2010 11:02 am

When laying, what would be the result If I have fill or kill and odds override unchecked with a max liability per click at say 200? Would it be to match me immediately at best the price showing up to my max liability of 200?
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Postby GaryRussell » Tue Mar 16, 2010 11:12 am

Max liability per click does not alter the stake to fit the liability. It is just a check to prevent you placing a bet going over your max liability. If you click on odds 22 with a stake of £10 then it will not place the bet because the liability would be £210.

If you want the stake altered to create a liability of £200 then set the staking mode to liability. Click where it says "Staking mode: Stake" at the top of the screen and it will change to "Staking mode: Liability". Also set your stake to £200. If you then click on odds of 11.00 for example it will place a lay bet for £20. It is not guaranteed to match you immediately just like the Betfair website. If the odds are not available when your bet reaches Betfair it will go in the queue.
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Liability.

Postby Bookmatch » Tue Mar 16, 2010 11:51 am

Presumably if I used the liability mode with a stake of 200, I could then be matched at 100/1 at 2 pounds? To prevent this would I need to have override odds checked at the desired price? Also how can I make it more likely that I get matched at the best price showing before it drifts out, would it be to have fill or kill set at 0.1?
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Postby GaryRussell » Tue Mar 16, 2010 11:59 am

Yes the stake will be £2 at 100/1. You can use override odds if you always want to request the same price.

Fill or kill at 0.1 is not going to make it more likely that you get matched. It will make it less likely because if the bet is unmatched after 0.1 seconds it will be cancelled. It will help you though if you intend to try placing the bet again after it has been killed.
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Custom columns

Postby Bookmatch » Tue Mar 16, 2010 12:09 pm

Thanks for that Gary, much appreciated.
Presumably the stakes in custom columns would need altering to 200 pounds too?
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Postby GaryRussell » Tue Mar 16, 2010 12:11 pm

That's right. Test it with verify bets ticked first so you can see what it does.
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RE : custom columns?

Postby Bookmatch » Tue Mar 16, 2010 12:40 pm

Gary, when I am laying with custom columns and have altered the stakes to 200 and odds set at 11.00 whilst having staking set to liability on the main screen, it does not seem to make a difference. In verify bets it says that my liability would be 2000! What am I doing wrong? I expected it say liability 200 and stake at 20?
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Postby GaryRussell » Tue Mar 16, 2010 12:46 pm

You didn't say you were using custom columns. Custom columns are completely independent from the main betting options. They have their own stake and odds. Staking mode does not apply to custom columns. Why don't you just set the custom column to odds 11 and stake 20?
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Postby GaryRussell » Tue Mar 16, 2010 12:48 pm

:oops:
Presumably the stakes in custom columns would need altering to 200 pounds too?

I misread this question, I thought you were talking about the stake columns.
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re

Postby Bookmatch » Tue Mar 16, 2010 2:15 pm

No problem. Thanks.
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Amounts

Postby Bookmatch » Tue Mar 16, 2010 3:20 pm

When using the settings above, is BA restricted to only placing a single transaction to cover the bet? For example, when I go to the Betfair site when using stake mode, I can see multiple amounts that go to make up the bet. For example if I am laying at £10 at 20s, when I look on Betfair, there might be 3 amounts at £6 and 1 at £2, all at different odds (but none of them exceed 20s. Is it the same when using liability mode?
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Postby GaryRussell » Tue Mar 16, 2010 3:30 pm

When you place a bet it is one request. It's the same as when you place a bet using the website. When you get matched it can comprise of several different transactions from different users and at different odds (if better odds are available). In your example you got matched against 3 different users.

Imagine the back odds columns contain £5 at 2.0 and £10 at 2.1 and these prices are being offered by two different users. If you request £15 at 2.0 you will get £5 matched at 2.0 and £10 matched at 2.1 across two transactions.
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re : liability mode.

Postby Bookmatch » Tue Mar 16, 2010 3:39 pm

Just to clarify Gary, your statement remains the same when in liability mode as opposed to stake mode. Meaning that with a stake of £200 and a lay bet placed, then the bet will be made up with multiple transactions at various amounts and odds that will make up the £200 pound liability?
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Postby GaryRussell » Tue Mar 16, 2010 3:47 pm

It's not quite the same. It can comprise of one or several transactions matched at varying odds no higher than the odds you requested. If some of the transactions are matched at lower odds (ie. better odds) then your liability will be less than £200. Betting Assistant will not place extra bets to make the liability up to £200.
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Postby Bookmatch » Tue Mar 16, 2010 4:07 pm

So what if I don`t have override odds checked, would my liability always be 200?
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