Thread: Betfair SP
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Old 21st August 2010, 01:19 PM
thorns thorns is offline
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Join Date: Aug 2007
Posts: 441
Default 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
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