MTI Trade Out Bet
For each selection, if the values displayed in the ‘P&L If Wins/If Loses’ columns are not equal, then the BTX will attempt to calculate a trade out bet to equalize them.
If the ‘If Wins’ value is larger than ‘If Loses’ then the trade out bet will be a Lay.
If the ‘If Wins’ value is less than ‘If Loses’ then the trade out bet will be a Back.
The Trade Out bet will be calculated using the currently available market price after any adjustment for Trade Out Offset Ticks.
A Trade Out bet button will not be displayed if the minimum stake is not satisfied.
If a Trade Out bet is possible then a bet button will be displayed for that selection.
The button will be green for a positive (or breakeven) trade out, or red if it is negative.
The trade out P&L that would result from the bet on that selection is displayed on the button as a ‘Profit’ or a ‘Loss’ amount.
The price used for the trade out bet calculation can be adjusted to a better or worse than current market price via the trade out offset ticks.
If there is a possible trade out bet at the adjusted price then this will be displayed on the button.
you can then place the bet at the adjusted price if required.
Placing the bet at a worse price will usually improve the chance of the bet being matched.
Adjusting to a better price enables you to place a trade out bet into the market in the expectation that the market will move in the right direction and the bet will be matched.
