Best Price Execution

[MrMagoo]

There's now a setting on the website to disable/enable best price execution. Is this a global setting, or is there a way to select this per-bet with the API?

[BetfairDeveloperProgram]

Hi MrMagoo,

This is a global setting and is only available via the Betfair website (& to customers based in the UK).

The requirement has been added to the API development backlog for prioritisation.

Thanks

Neil

[BetfairDeveloperProgram]

Hi MrMagoo,

Further to the above, the underlying tech would enable us to lapse a bet if best execution would give more than a X% increase in price at account/bet level.

For example, you might be happy to accept a price of 10.5 in-running if you've requested 10.0 but not 1000 (as this suggests the horse has fallen).

Would appreciate any comments regarding the value of offering such a feature.

Thanks

Neil

[LiamP]

I can certainly see value in that especially if a min/max price can be set, good luck implementing that!

[MrMagoo]

The % increase is an interesting idea! It might be clearer to implement it as a specified odds threshold, rather than as a percentage, though. It would be helpful in many sports in-play betting.

Being able to select best execution on a per-bet basis (or per-placeOrder call) would be important, for me at least. Most times I'm happy to get an increased price, but there are lots of situations where an unexpectedly-matched bet is a bad sign!

Also, for the API, I think it would be useful if the bet placement would have a separate response code if the logic was triggered, instead of just reporting that the bet has lapsed.

Thanks!

[shara123]

i think instead of increasing % you should increment by a specific value. this may be better for your betting part quordle

[stevensbb]

Hi MrMagoo,

Further to the above, the underlying tech would enable us to lapse a bet if best execution would give more than a X% increase in price at account/bet level.

For example, you might be happy to accept a price of 10.5 in-running if you've requested 10.0 but not 1000 (as this suggests the horse has fallen).mapquest driving directions

Would appreciate any comments regarding the value of offering such a feature. slope unblocked

Thanks

Neil

Oh I got it. Thanks