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  #1  
Old 21st August 2010, 02:19 PM
thorns thorns is offline
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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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  #2  
Old 22nd August 2010, 02:29 AM
OM SHARNTEE OM SHARNTEE is offline
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Hi Thorns
Good Question
This might shine some light?

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

Cheers
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  #3  
Old 22nd August 2010, 09:02 AM
lomaca lomaca is offline
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Quote:
Originally Posted by OM SHARNTEE
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
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