Betbotpro v5 User Manual
  Nov 2023
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Back/Lay Price Ratio

This prevents a bet being placed if the lay price is too far away from the back price. When there is low liquidity
this can be a problem, lay prices may not present good value. Generally the closer to the race you bet, the
better liquidity and tighter the spread.
 
Example 1 - Back odds 3.9, Lay odds 4.5, % back/lay ratio 10%
 
The calculation will be (4.5 – 3.9)/ 3.9 x 100 = 15% - the spread is too big so a bet won’t be placed.
 
Example 2 - Back odds 3.9, Lay odds 4.2, % back/lay ratio 10%
 
The calculation will be (4.2 – 3.9)/ 3.9 x 100 = 7.6% - the spread is within range so a bet will be placed.
 
Setting to 0 will disable the back/lay ratio.
 
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