BSPstands for ‘Betfair Start Price’ and this simply refers to the price in which a‚ÄĮhorse, team or outcome‚ÄĮis‚ÄĮpriced up at on the Betfair Exchange at the exact time that the event starts.¬†

BETFAIR COMMISSION

https://www.betfair.com/aboutUs/Betfair.Charges/

BSP MARGIN-¬†This is ‚ÄúBetfair Starting¬†price‚ÄĚ 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SCRATCHING- A runner that is withdrawn from a race. 

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