My old Mum (RIP) used to tell me that "little boys who ask, don't get" to which, when I was a little older, I would respond "but if I don't ask, I still won't get as no one will know what I want".
The importance of getting the best price when investing can't be understated and when using Betfair's platform, those extra pips will add up over time.
I've noticed recently that not all available money is necessarily displayed. It's always been the case that amounts less than the minimum bet won't be displayed, but this seems to have changed.
For example the Indianapolis Colts were a selection today and there was a gap between the prices available to Back and Lay which were 2.0 and 2.04 respectively.
When there is no gap, I typically put in a bid at the higher price, but when a gap exists will often fill it, which is what happened today. Immediately, my back at 2.02 was matched: Of course it is possible that someone just happened to put in a lay at that price for the same amount at the exact same time, but this doesn't seem likely, and it's not the first time I have noticed this recently.
Happenstance, coincidence, enemy action, as James Bond was told and to the idea that it could all just be a coincidence, as Jim Gordon said "You're a detective now, son. You're not allowed to believe in coincidence anymore."
It's not really a big deal, but another reminder that it usually pays to not take what someone is happy to offer you, but to ask for more.
After all, if you don't ask, you won't get. Sorry Mum.
1 comment:
That will be a bot matching your bet. It's very simple to create bots that get notified about every change in a market and then they decide what action to take.
Looks like there was a bot happy to lay at 2.02 and as soon as it saw your bet it took it.
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