Provide Best Price
Last updated
Last updated
You notice in the above scenario that the current ‘Best Price’ on the ‘Against’ Draw position is at a 'Price' of 4.9
You believe this Price is too high and would be happy to bet ‘For’ Draw with lower 'Odds', thereby offering a counterparty a lower Price (and thereby better potential payout) than the current 'Best Price' available to bet ‘Against’ Draw.
In order to Provide Best Price on ‘Against’ Draw position, you must place an ‘For’ Draw bet at lower Odds than the current ‘Best Price’:
Click on any 'For' position within the Draw contract (here ‘2.6’ or ‘3.0’) to open your Betslip.
Your BetSlip will automatically fill with the information of the currently available (i.e Market Order) ‘For’ position that you have clicked on.
Edit the ‘Odds’ and ‘Stake’ to the values at which you would like to bet.
‘Odds’: In order to replace the ‘Best Price' you must input Odds under the current ‘Best Price'. In the scenario above, you need to ‘For’ bet at Odds under 4.9
‘Stake’: Note, in order to achieve the ‘Provide A Best Offer’ Aura achievement, your Stake must be over 0.0001 BTC (currently roughly $10.6 USD).
Once happy with your inputs, hit Place Bet!
Once your ‘For’ Bet is placed, it will appear in the Bet Grid in the ‘Best Price’ column as shown above, ready to potentially be matched by a counterparty looking to bet ‘Against’ Draw.
Congratulations, you have successfully provided the best offer! You will now receive your ‘Provide Best Offer’ Aura rewards.
NOTE: As you have placed a ‘Limit Order’ (i.e an unmatched bet), there is no guarantee your bet will be matched by a counterparty. By the end of the event, your bet can be fully matched, partially matched or fully unmatched.
No worries, all unmatched bets, or portions of your bet that are unmatched, will be fully refunded to your wallet at the end of the fixture. You can check the status of your bet in your Portfolio page at any time.
