Betfair SP
 

Can anyone explain how BF's SP product works?
Lets say I want to bet $100 on a horse, and in total there is $1000 of other punters money wanting to back this horse at SP. However, there is only $600 available from people wanting to lay this horse.

How do they decide who gets there bet matched or who misses out? Is it simply a queue that decides it, ie whoever placed there bet first gets matched first? Is there anyway to tell how much is available to be bet on each horse? It is a tempting option as I am only betting Sat metros these days, and like the idea of setting and forgetting, but am worried about not being matched.

Anyone able to shine some light?

Cheers

Hi Thorns
Good Question
This might shine some light?

http://sp.betfair.com.au/FAQs_detailedWorkings.php

Cheers

Well thorns I hope you are a better man than I in understanding gobbledygook!

I need a brighter light please!
Cheers