Bet 1 Price Type
There are 3 options available for the price type:
•Fixed Price – Enter a specific price value from the drop-down list of valid Betfair prices.
•Take Available Price – This options instructs the BTX to place the bet at whatever price is currently available (Back or Lay as appropriate) at the time when the Bet 1 trigger conditions are satisfied. Note that you can limit the range of acceptable prices on the Bet 1 trigger conditions section. With BTX Ultimate there is an additional option to place Bet1 at the available price plus a specified number of offset price ticks. The offset ticks can be in the direction of either a better or worse price (i.e. for a Back bet a better price would be higher but for a Lay bet it would be lower).
•Betfair Starting Price (BSP) – Available with BTX Ultimate. This option will place a starting price bet. The actual price matched will not be known until the market is turned in-play and Betfair have calculated the starting prices. BSP bets can only be placed pre-event and therefore the period trigger will be automatically set to Pre-Event if this option is selected. You should note that once a BSP bet has been placed it cannot be cancelled. You can however, specify a minimum Back price or a maximum Lay price. If the actual BSP does not satisfy this setting then Betfair will not match the bet and it will effectively be cancelled.
