Stop Loss Bet Placement With Offset Ticks
If you have specified a stop loss percentage or ticks from Bet1, then you may also optionally enter a number of offset ticks to control the price at which the bet is placed in order to improve the chances of it being matched.
For example let’s say that the BTX has calculated that a Stop Loss Back bet should be placed at a price of 1.80 and you have entered 5 offset ticks.
In this case when the Last Price Matched has fallen to 1.80 or less the bet will be placed at 1.80 – 5 ticks, i.e. at a price of 1.75.
So you are accepting the possibility that the Stop Loss bet might be matched at a slightly worse price (1.77 for example) for the reduced risk of it not being matched at all.
