Place SP Bets
The Place SP Bets window is only displayed when a SP bet is placed via the Projected SP window. It allows you to make changes to the SP bet such as stake and SP Odds Limit before the SP bet is submitted. Once submitted an SP bet cannot be cancelled.
When rolled up in the Main Info Bar the header displays the number of SP bets that are waiting to be submitted. When expanded the window displays all the SP bets that are waiting to be submitted.
Place SP Bets window docked and rolled up
SP Odds Limit
Setting the odds in the Place SP Bets window differs from standard bets in that for a Back bet you are actually specifying the minimum odds you are prepared to accept, for a Lay bet the maximum. If Betfair’s SP settles shorter than the Back bet minimum price, or longer than Lay bet maximum price, then the bet will lapse when the event starts. Otherwise the bet will be matched at SP. When the SP is equal to the price limit specified, those bets will be included based on the time they were submitted, on a first come, first served basis. This means that such bets may be unmatched or partially matched.
Once the bet is placed, the minimum/maximum odds requested can only shortened in the case of a Back bet or lengthened in the case of a Lay bet at any time before the event starts.
Place SP Bets window floating
Changing the Odds
In order to change the SP Odds Limit of an individual Place SP Bet you can:
Changing the Stake
In order to change the stake of an individual Place SP Bet you can click in the Stake Box and type in the new stake.
Alternatively, you can right click over the Stake Box. This will bring up the stake menu. If you then left click on a new stake it will change the stake. Alternatively you can right click on a new stake and it will immediately submit the Place SP Bet, thus removing the need to click on the Submit Button.
To submit a Place SP Bet you click on the Submit Button and to cancel a Place SP Bet you click on the Cancel Button.
If two or more markets are loaded and you switch between markets all of the Place SP Bets will automatically cancel.
For further details as to the impact of non-runners on SP bets, and other information regarding the SP, please refer to section 10 of Betfair’s Rules and Regulations.
By right clicking on the header it brings up the various options for this window.
Place SP Bets window floating with right click options