Betfair trading – Scalping – Using estimated position in queue on Bet Angel
Peter Webb – Bet Angel – Understanding the order queue on a betting exchange
On a betting exchange if you offer trades or bets into the exchange your opening trade or bet enters an order queue and sits there waiting to be matched.
Bet Angel contains a featured called estimated position in queue that will give you Bet Angel’s best guess as to where you are in the queue.
Because Betfair doesn’t allow us to look at the order book, we have to estimate where you are. The accuracy varies between markets but it’s better than no estimate at all.