Betbotpro for Betfair User Manual - Streaming API
  May 2024
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Tick Offset

This will adjust the odds of the selections bet by the number of ticks in the table below.
 
 
So if a bet is placed on a selection, the price the actual bet is placed is adjusted by the number
of ticks set so you can adjust above or below the price.
 
This is great for trying to get better odds or trying to guarantee you get a match by putting
the bet on so that there is enough money to match the bet at various levels up to and
including your odds.
 
Betfair Price Increment s 
Odds Markets
 
Price
Increment
1.01 2
0.01
2 3
0.02
3 4
0.05
4 6
0.1
6 10
0.2
10 20
0.5
20 30
1
30 50
2
50 100
5
100 1000
10
 
Example: You want to back a selection at 5.0, but make sure you get matched.
If you adjust bet ticks to -3 then the amount is worth -0.3 and the bet will go on
at 4.7 or higher. This should allow a good match.
 
You may want to try and get better odds so you could back a selection at 3.0 with
adjust bet ticks at +5 which are equal to 0.25. So the bet will go in at 3.25.
Remember you may not get matched as easily though.
 
The opposite is true for laying. If you want better matches then make adjust bet ticks +ve.
If you want better value, but risk not getting matched, then adjust bet ticks –ve.
 
Betfair will match your back bet at your price or better so if you enter a back bet at
lower than the current odds it will get matched at your current odds or better right up
to the current odds.
 
The opposite is true for Lay bets. If you enter a price above the current
Market then your bet will be matched at no worse than your odds down to the
best odds available currently.
 
 
 
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