BSP

A place to discuss anything.
Post Reply
RicHep365
Posts: 105
Joined: Thu Nov 23, 2017 9:42 am

I know the BSP is meant to be calculated based on the total layers / total backers (including anybody that has set open bets to take SP) but I notice quite often there's only a very small amount of money placed at BSP, meaning that even an additional £100 back bet would move the price wildly. This being the case, why do we never see a BSP wildly lower than the ISP, there must be occasions where there's a heavy BSP backer and no layers.

What am I missing here? Do Betfair do some kind of cross matching meaning the BSP levels out close to the mid point just before the off?
User avatar
Derek27
Posts: 23477
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

BSP consumes money on the exchange at the off, even if it's not set to take SP at the off, so you always get a decent price if there is plenty of liquidity in the market. See the link below.

https://promo.betfair.com/betfairsp/FAQ ... kings.html
RicHep365
Posts: 105
Joined: Thu Nov 23, 2017 9:42 am

Derek27 wrote:
Tue Feb 06, 2018 2:29 pm
BSP consumes money on the exchange at the off, even if it's not set to take SP at the off, so you always get a decent price if there is plenty of liquidity in the market. See the link below.

https://promo.betfair.com/betfairsp/FAQ ... kings.html
Cheers Derek, didn't realise that. I've never had an open bet matched at the off if I've not set to take SP, but I guess this must happen.
Post Reply

Return to “General discussion”