Took worse price than asking

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MrD60
Posts: 6
Joined: Wed Nov 28, 2018 1:36 pm

Hi guys,

Just playing around with the BetAngel, and playing in One-Click. Had a soccer match going, where i asked to back 1.6, getting the confirming screen, that I was going for 1.6 for X €. When i placede the bet, it took 99% of my bet at odds 1.52. How come? In my eyes, really er huge mistake in this program. How should I know, that it also would go for lower??
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jimibt
Posts: 3641
Joined: Mon Nov 30, 2015 6:42 pm
Location: Narnia

MrD60 wrote:
Wed Nov 28, 2018 1:40 pm
Hi guys,

Just playing around with the BetAngel, and playing in One-Click. Had a soccer match going, where i asked to back 1.6, getting the confirming screen, that I was going for 1.6 for X €. When i placede the bet, it took 99% of my bet at odds 1.52. How come?
alas, you will only be filled based on what's available at those odds (this is at the betfair side). after that, naturally, the odds will drop (i.e. the market is responding) and you will be filled on the next remaining prices.
MrD60 wrote:
Wed Nov 28, 2018 1:40 pm
In my eyes, really er huge mistake in this program. How should I know, that it also would go for lower??
it's too late now obviously to compare, but had you entered the same bets via the BF website, you'd have seen the same thing occurring.
MrD60
Posts: 6
Joined: Wed Nov 28, 2018 1:36 pm

jimibt wrote:
Wed Nov 28, 2018 1:45 pm
MrD60 wrote:
Wed Nov 28, 2018 1:40 pm
Hi guys,

Just playing around with the BetAngel, and playing in One-Click. Had a soccer match going, where i asked to back 1.6, getting the confirming screen, that I was going for 1.6 for X €. When i placede the bet, it took 99% of my bet at odds 1.52. How come?
alas, you will only be filled based on what's available at those odds (this is at the betfair side). after that, naturally, the odds will drop (i.e. the market is responding) and you will be filled on the next remaining prices.
MrD60 wrote:
Wed Nov 28, 2018 1:40 pm
In my eyes, really er huge mistake in this program. How should I know, that it also would go for lower??
it's too late now obviously to compare, but had you entered the same bets via the BF website, you'd have seen the same thing occurring.
That is not true. If I put in 200€ at asking 1.6 at betfairs site, it will give me 1.6, and lay all the unmatched in the 1.6 slot.
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Dallas
Posts: 22674
Joined: Sun Aug 09, 2015 10:57 pm
Location: Working From Home

The software cant submit bets at a worse price than you have asked for, if you backed and it shortened while waiting for you to confirm the bet it will go in as an unmatched bet at 1.60

If it was a lay bet you placed at 1.60 then 1.52 became available as its a better price you will begin to get filled at that price first as per Betfairs matching process
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jimibt
Posts: 3641
Joined: Mon Nov 30, 2015 6:42 pm
Location: Narnia

MrD60 wrote:
Wed Nov 28, 2018 1:47 pm
jimibt wrote:
Wed Nov 28, 2018 1:45 pm
MrD60 wrote:
Wed Nov 28, 2018 1:40 pm
Hi guys,

Just playing around with the BetAngel, and playing in One-Click. Had a soccer match going, where i asked to back 1.6, getting the confirming screen, that I was going for 1.6 for X €. When i placede the bet, it took 99% of my bet at odds 1.52. How come?
alas, you will only be filled based on what's available at those odds (this is at the betfair side). after that, naturally, the odds will drop (i.e. the market is responding) and you will be filled on the next remaining prices.
MrD60 wrote:
Wed Nov 28, 2018 1:40 pm
In my eyes, really er huge mistake in this program. How should I know, that it also would go for lower??
it's too late now obviously to compare, but had you entered the same bets via the BF website, you'd have seen the same thing occurring.
That is not true. If I put in 200€ at asking 1.6 at betfairs site, it will give me 1.6, and lay all the unmatched in the 1.6 slot.
in my experience it will only give you the full amount at this price if the same amount is available on the lay side. potentially, the best recourse here is to ping your logfile into the original post and then some of the more savvy guys on here can have a look at what was recorded.
MrD60
Posts: 6
Joined: Wed Nov 28, 2018 1:36 pm

What happened exactly, was i was betting live, on no more goals to come in a match for 1.6. It gave me 1.52 instead, which obv. is a worse price. Are you telling me, that this couldn't happen?
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jimibt
Posts: 3641
Joined: Mon Nov 30, 2015 6:42 pm
Location: Narnia

MrD60 wrote:
Wed Nov 28, 2018 2:00 pm
What happened exactly, was i was betting live, on no more goals to come in a match for 1.6. It gave me 1.52 instead, which obv. is a worse price. Are you telling me, that this couldn't happen?
i'd say with limited info, it would be hardto definitively say what occurred. paste the log for that event into the message as i suggested, then it can be examined for further clues. hopefully then, further issues can be prevented if it's a settings type thing.

(it could in theory happen for a number of reasons but hard to discern without full info i guess)
MrD60
Posts: 6
Joined: Wed Nov 28, 2018 1:36 pm

28-Nov-18 14:29:27: € 2000.00 Back bet placed on Under 2.5 Goals at 1.6. € 3.71 matched at 1.6 € 1996.29 unmatched when it initially reached the market. Ref: 146313770903
28-Nov-18 14:29:47: Close bet by modifying 146313770903 from 1996.29 @ 1.6 to 1996.29 @ 1.51 New Ref: 146313814280
28-Nov-18 14:30:57: Greened up Under 2.5 Goals by Laying 2049.44 at 1.52
28-Nov-18 14:31:06: Close bet by modifying 146313990905 from 2049.44 @ 1.52 to 2049.44 @ 1.55 New Ref: 146314014651
28-Nov-18 14:31:11: Market has been suspended
28-Nov-18 14:31:14: An error occurred while modifying price: The entire order has been rejected.
28-Nov-18 14:31:14: Close bet by modifying 146314014651 from 1279.4 @ 1.55 to 1279.4 @ 1.62 Error changing price ( CANCELLED_NOT_PLACED ).
28-Nov-18 14:31:35: Market has been unsuspended
28-Nov-18 14:33:08: Greened up Under 2.5 Goals by Laying 1294.56 at 1.48
28-Nov-18 14:42:50: Market has been suspended
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Dallas
Posts: 22674
Joined: Sun Aug 09, 2015 10:57 pm
Location: Working From Home

The bet was placed at 1.60 as instructed and £3.71 was matched immediately

The remaining £1996.29 was left unmatched

20 seconds later you closed the bet by clicking the 'close' button next to the unmatched bet which instructed the software to match the rest at the current best price which was now 1.51

At this point you should have cancelled the remaining amount if you didn't want to be matched at lower odds than it was placed at, this page of the user guide explains all the options you have with an unmatched bet
https://www.betangel.com/user-guide/unm ... _area.html
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Dallas
Posts: 22674
Joined: Sun Aug 09, 2015 10:57 pm
Location: Working From Home

If your new to the software its probably a good idea to have a click around in practice mode or with minimum stakes for a few minutes while you familiarize yourself with all the options
MrD60
Posts: 6
Joined: Wed Nov 28, 2018 1:36 pm

I will use the cancel button instead of the close button next time. Thanks :)
MrD60
Posts: 6
Joined: Wed Nov 28, 2018 1:36 pm

Dallas wrote:
Wed Nov 28, 2018 2:19 pm
The bet was placed at 1.60 as instructed and £3.71 was matched immediately

The remaining £1996.29 was left unmatched

20 seconds later you closed the bet by clicking the 'close' button next to the unmatched bet which instructed the software to match the rest at the current best price which was now 1.51

At this point you should have cancelled the remaining amount if you didn't want to be matched at lower odds than it was placed at, this page of the user guide explains all the options you have with an unmatched bet
https://www.betangel.com/user-guide/unm ... _area.html
Thanks! I will use the close instead of cancel next time :)
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jimibt
Posts: 3641
Joined: Mon Nov 30, 2015 6:42 pm
Location: Narnia

MrD60 wrote:
Wed Nov 28, 2018 2:28 pm
I will use the cancel button instead of the close button next time. Thanks :)
glad you got to the bottom of it :)
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