TakeSP during suspension

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sa7med
Posts: 800
Joined: Thu May 18, 2017 8:01 am

Does anyone know what happens to TAKE SP bets after a suspension (but not inplay); such as during a non-runner? Usually unmatched bets are cancelled unless there is a KEEP order.
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Derek27
Posts: 23666
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Lay bets become SP bets that can't be cancelled, back bets are either cancelled or left, can't remember which.
sa7med
Posts: 800
Joined: Thu May 18, 2017 8:01 am

Derek27 wrote:
Sun Jun 16, 2019 6:40 pm
Lay bets become SP bets that can't be cancelled, back bets are either cancelled or left, can't remember which.
Oh wow, thats odd. Any idea what the rationale is?
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Derek27
Posts: 23666
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

No, I'd rather they were all cancelled because I only use BSP as a fail-safe mechanism. It's not ideal trading with a BSP lay without knowing what price it will be matched at.
spreadbetting
Posts: 3140
Joined: Sun Jan 31, 2010 8:06 pm

sa7med wrote:
Sun Jun 16, 2019 6:47 pm
Derek27 wrote:
Sun Jun 16, 2019 6:40 pm
Lay bets become SP bets that can't be cancelled, back bets are either cancelled or left, can't remember which.
Oh wow, thats odd. Any idea what the rationale is?
Lay bets become SP because they need to apply the reduction factor to the liability. Back bets remain at the same price and remain as keep SP bets.
burntheory
Posts: 58
Joined: Tue Sep 09, 2014 9:49 am

It's also worth mentioning, for the sake of any newcomers reading this, that to qualify for Betfair SP, the original lay offer must have a liability of at least £10. The exception to this would be if liability was reduced to less than £10 by reduction factors. Those would still get matched at SP.
sa7med
Posts: 800
Joined: Thu May 18, 2017 8:01 am

Cheers, thanks for the info all.
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