BSP– stands for ‘Betfair Start Price’ and this simply refers to the price in which a horse, team or outcome is priced up at on the Betfair Exchange at the exact time that the event starts.
BSP MARGIN- This is “Betfair Starting price” difference between backing (WIN) odds & laying (LOSING) odds. It may vary race to race but is generally in the vicinity of 10% difference per race.
UNITS- These are the recommended units to bet on each race. E.g. If your preferred stake is $10 then 1 unit = $10. If we recommend 2 units then you can bet $20.
BET- To risk a sum of money on the outcome of an event or race.
BET INVESTMENT- The total cost of a bet
SCRATCHING- A runner that is withdrawn from a race.