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BETFAIR . . SP - Racing Talk - Racehorse TALK

Author Topic: BETFAIR . . SP  (Read 366 times)

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Offline arthur

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O.P. « 2021-Jun-03, 01:58 PM »
With smaller TAB meets, which don't have the liquidity of Metro's, it can be a bit difficult to get on with Betty in one 'go' for even an amount such as $100

With the 'SP' function, you can put your total bet on with one click . . But you don't know what odds you have taken until the race is over and Final SP is declared

I would have thought that bigger bets would have the effect of reducing the final SP

Does anybody have comments on effective methods, and the pro's and con's of using the SP facility . .   ??

Offline fours

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« 2021-Jun-03, 02:36 PM Reply #1 »
Sure do!

Make it 100% irrelevant by doing exotics instead.

Nil time wasted looking at traders manipulating markets.....

Fours

Offline Maximus

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« 2021-Jun-03, 05:24 PM Reply #2 »
You should probably nominate a price and then have the bet revert to SP if that price isn't matched, rather than directly placing the bet as SP.

The SP odds are generally unders but it does sometimes come in handy in case of internet outages and other distractions.

Offline arthur

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« 2021-Jun-03, 06:24 PM Reply #3 »
Sounds like the way to go  . . didn't realise that it was an option . . Just tried it & OK . . But resulted in me not being 'on'

Will have to figure how to revert to SP if I am too greedy

« Last Edit: 2021-Jun-03, 06:40 PM by arthur »

Online jfc

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« 2021-Jun-03, 07:39 PM Reply #4 »
Concur with Maximus as to the best way of using BSP.

There are indicators to predict BSP but they've never worked for me.

I believe BSP is definitely capable of manipulation. There are players who have superior access to the system, with faster response times and more information regarding queue position.

Betfair not only does nothing to hamper the culprits but actually flogs premium access!

It would be quite easy for Betfair to clean this up. Simply impede sneaky actions such as excessive pullbacks. But they prefer to do dumb things instead.

Offline Maximus

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« 2021-Jun-03, 09:35 PM Reply #5 »
Yes, its more of a last resort thing for sure jfc. I did have a mate finish on the better side of it once with a roughie, but nearly always end up with a worse price than available late.

arthur - whether on the app or website, there should be an option to "cancel", "keep" or "take sp" for any unmatched bets.

Offline Gintara

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« 2021-Jun-03, 10:27 PM Reply #6 »
They advertised a lot that BSP was XX% higher than a lot of the SPs published by the online bookies.

Personally I've always used it where I choose my price and update the bet to "take sp" if unmatched at the jump. It's pretty rare it's not matched before hand.


Offline arthur

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« 2021-Jun-04, 07:07 AM Reply #7 »
Thanks all  :beer:


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