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Hi,
According to the Betfair Starting Price rules:
“The minimum liability for a bet placed at Betfair SP is £10 for a lay bet and £1 for a back bet (or the currency equivalent in each case).”
However, when I try to place the following LAY SP bet with 1 EUR a 14.5 price:
{"jsonrpc":"2.0","method":"SportsAPING/v1.0/placeOrders","params":{"marketId":"1.252338577","i nstructions":[{"selectionId":"79227894","customerOrderRef":"3 130 _01","side":"LAY","orderType":"LIMIT_ON_CLOSE","l i mitOnCloseOrder":{"liability":"1.00","price":"14.5 0"}}]}}
I receive an error:
{"jsonrpc":"2.0","result":{"status":"FAILURE"," err orCode":"BET_ACTION_ERROR","marketId":"1.252338577 ","instructionReports":[{"status":"FAILURE","errorCode":"INVALID_BET_SI ZE" ,"instruction":{"selectionId":79227894,"limitOn Clo seOrder":{"liability":1.0,"price":14.5},"customerO rderRef":"3130_01","orderType":"LIMIT_ON_CLOSE","s ide":"LAY"}}]}}
Could you please clarify whether liability refers to:
the maximum potential loss (exposure) of the lay bet, i.e.
(price − 1) × stake
, or the bet size / stake?
Thank you for your help.
Kind regards,
Fabrizio
According to the Betfair Starting Price rules:
“The minimum liability for a bet placed at Betfair SP is £10 for a lay bet and £1 for a back bet (or the currency equivalent in each case).”
However, when I try to place the following LAY SP bet with 1 EUR a 14.5 price:
{"jsonrpc":"2.0","method":"SportsAPING/v1.0/placeOrders","params":{"marketId":"1.252338577","i nstructions":[{"selectionId":"79227894","customerOrderRef":"3 130 _01","side":"LAY","orderType":"LIMIT_ON_CLOSE","l i mitOnCloseOrder":{"liability":"1.00","price":"14.5 0"}}]}}
I receive an error:
{"jsonrpc":"2.0","result":{"status":"FAILURE"," err orCode":"BET_ACTION_ERROR","marketId":"1.252338577 ","instructionReports":[{"status":"FAILURE","errorCode":"INVALID_BET_SI ZE" ,"instruction":{"selectionId":79227894,"limitOn Clo seOrder":{"liability":1.0,"price":14.5},"customerO rderRef":"3130_01","orderType":"LIMIT_ON_CLOSE","s ide":"LAY"}}]}}
Could you please clarify whether liability refers to:
the maximum potential loss (exposure) of the lay bet, i.e.
(price − 1) × stake
, or the bet size / stake?
Thank you for your help.
Kind regards,
Fabrizio