Queueing bets

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    Smarkets

    Hi Magpie. All bets queued on the exchange are matched based firstly on the best price, then the time at which the order is placed. This means that if two users have queued bets at the same price, the user who placed the bet first will also be matched first. There is no preference for any account over another.

    The available volume at a certain price may decrease if another user cancels their order, so this does not necessarily mean an order has been matched.

    Please do let us know if you have any further queries about the exchange.

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