BetBurger | Live and Pre-game surebets
RebelBetting - Turn betting into investing

reading the betfair screen

Ask anything about smart gambling
joskin
Gaining experience
Gaining experience
Karma: 3
Posts: 22
Joined: Sun May 08, 2016 8:39 pm

reading the betfair screen

Fri May 20, 2016 9:54 am

The attached screen shot of the Betfair screen shows there is 232.00 waiting to be matched to back the draw at 3.75.
Doesn't that mean there is 232.00 waiting to take my offer of a lay price of 3.75 and that my offer should be instantly matched ? It doesn't seem to work like that in real life, but can someone explain how it does work ? Thanks.
Last edited by joskin on Fri May 20, 2016 2:24 pm, edited 1 time in total.
arber_PL
To become a Pro
To become a ProTo become a ProTo become a Pro
Karma: 4
Location: Warsaw
Posts: 330
Joined: Thu Jan 29, 2015 11:19 am

Re: reading the betfair screen

Fri May 20, 2016 1:38 pm

You didn't attach screen.
User avatar
arbusers
Administrator
AdministratorAdministratorAdministratorAdministratorAdministrator
Contact:
Karma: 622
Posts: 6213
Joined: Thu Dec 30, 2010 4:34 pm

Re: reading the betfair screen

Fri May 20, 2016 2:56 pm

arber_PL wrote: You didn't attach screen.
He did.
ppintaluba
Pro
ProProProPro
Contact:
Karma: 41
Location: Uruguay
Posts: 566
Joined: Tue Aug 07, 2012 2:48 am

Re: reading the betfair screen

Fri May 20, 2016 4:09 pm

I don't see the screenshot either.
Smart Bet Tracker
www.smartbettracker.com
joskin
Gaining experience
Gaining experience
Karma: 3
Posts: 22
Joined: Sun May 08, 2016 8:39 pm

Re: reading the betfair screen

Fri May 20, 2016 4:43 pm

Let's try this.Image
Last edited by joskin on Fri May 20, 2016 4:55 pm, edited 1 time in total.
ppintaluba
Pro
ProProProPro
Contact:
Karma: 41
Location: Uruguay
Posts: 566
Joined: Tue Aug 07, 2012 2:48 am

Re: reading the betfair screen

Fri May 20, 2016 6:03 pm

A back bet would be matched if you choose 3.85 (or less)
A lay bet would be matched if you choose 3.9 (or more).

Your lay bet for 3.6 will not be matched.
Smart Bet Tracker
www.smartbettracker.com
joskin
Gaining experience
Gaining experience
Karma: 3
Posts: 22
Joined: Sun May 08, 2016 8:39 pm

Re: reading the betfair screen

Fri May 20, 2016 6:36 pm

Thank you for your reply.  What I don't understand is that 232.00 shows as available to back the draw at 3.75.
Doesn't that mean that if I was to place a lay bet of 100.00 at 3.75 I would just be matching some of that back bet ?
Or, put another way, why doesn't the 232.00 available in the back column at 3.75 also appear as 232.00 waiting to be matched at 3.75 in the lay column ?
I get the feeling that this shows just how little I understand of how this works, but, alas, that is my question.
ppintaluba
Pro
ProProProPro
Contact:
Karma: 41
Location: Uruguay
Posts: 566
Joined: Tue Aug 07, 2012 2:48 am

Re: reading the betfair screen

Fri May 20, 2016 6:42 pm

WYSIWYG.
The 232 is on the back side. It is available to back the draw at 3.75, not to lay.

If you place a Back bet that is not matched, it will be shown on the lay side.
If you place a Lay bet that is not matched, it will be shown on the back side.
Smart Bet Tracker
www.smartbettracker.com
joskin
Gaining experience
Gaining experience
Karma: 3
Posts: 22
Joined: Sun May 08, 2016 8:39 pm

Re: reading the betfair screen

Fri May 20, 2016 6:55 pm

I understand now. Thank you for your explanation.

Return to “Newbie's questions”