Making Bids



  • But if a newbie to the matching engine so any help greatly appreciated.

    Is there a way to know how high you should bid to get it quickly matched by looking at the instant sell price?

    Eg. If the instant sell price is £5.30 for a player is the highest bid likely to be around £5.20? Or £5? Is there a way to tell? Or is it worth placing a bid for 1 share, seeing if it instantly gets matched so you know you’ve gone in too high, and lowering your bid, repeating the process until you work out what the highest bid price is?

    Also why is the instant sell number different when you view a player to when you click on instant sell?



  • @NewUser161744

    If you buy 1 share in a player you can work out what the rest of the bids are... If you own the one share, click on sell, and then manually enter in the box from 1 to 10 - this will show you what the top ten bids are.. Then change it to 100, this will tell you what the top 100 bids are (average).. If 300 bids are in at the same price, then that will be the price period, but often there are way less than that, and you can worm your way in at a much more attractive price than what the IS/ME is showing



  • @NewUser161744 said in Making Bids:

    But if a newbie to the matching engine so any help greatly appreciated.

    Is there a way to know how high you should bid to get it quickly matched by looking at the instant sell price?

    Eg. If the instant sell price is £5.30 for a player is the highest bid likely to be around £5.20? Or £5? Is there a way to tell? Or is it worth placing a bid for 1 share, seeing if it instantly gets matched so you know you’ve gone in too high, and lowering your bid, repeating the process until you work out what the highest bid price is?

    Also why is the instant sell number different when you view a player to when you click on instant sell?

    Welcome to the forum. Please change your username so that people know who they're talking to so to speak. Another newbie recently asked a similar question and some good tips can be found there: https://forums.footballindex.co.uk/topic/17849/confused



  • @Baydog thanks very helpful.

    One more question on the threads where people are making public what they have bid and how much it is above IS price:

    For example some say: I’ve bid 50 shares on player X at 80p (IS price is 75p), suggesting it is a good deal as it is 5p above IS price.

    But isn’t the IS price they are quoting the average of 300 shares. So really the highest bid on the player might already be well over 80p, and the 75p average only exists because there’s also low bids offered too averaging out the price to 75p.

    Is that correct? If so, why do I see so many people suggesting these are good deals and encouraging sellers to take them up on the offer when in theory the seller could actually sell for more


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