New Posts For Thread: Who understands place markets??https://community.betfair.com/cheltenham2011/go/thread/view/113609/29785889/who-understands-place-marketsWith My Tent Or Yours at 2.84 in the Supreme, why is the price 1.81 in the place market? Wouldn't you expect aboutone-third the odds, i.e. 1.62 ish?I'd be interested if anyone can explain. It's obviously not as simple as I'm trying to make it.^^^That engine got beat by The Giant Bolster last year. What price TGB to get placed?https://community.betfair.com/cheltenham2011/go/thread/view/113609/29785889/who-understands-place-markets?post_id=529366069#529366069^^^That engine got beat by The Giant Bolster last year. What price TGB to get placed?Tue, 26 Feb 2013 08:04:21 -0600Long Run is a fantastic each way bet, I don't expect to see him win but also can't see him out of the first 3. His jumping at Haydock was horrific and the dentist is also a huge negative...but that engine will get him placedhttps://community.betfair.com/cheltenham2011/go/thread/view/113609/29785889/who-understands-place-markets?post_id=529365769#529365769Long Run is a fantastic each way bet, I don't expect to see him win but also can't see him out of the first 3. His jumping at Haydock was horrific and the dentist is also a huge negative...but that engine will get him placedTue, 26 Feb 2013 07:48:55 -0600SageformI've done the sums and your theory stacks up perfectly. The implied priced against MYTOY running is 1.411.957 x 1.41 = 2.76 (current price) 1.319 x 1.41 = 1.86 (current place price)1.957 at a third the odds a place = 1.319So the question is:https://community.betfair.com/cheltenham2011/go/thread/view/113609/29785889/who-understands-place-markets?post_id=529346617#529346617SageformI've done the sums and your theory stacks up perfectly. The implied priced against MYTOY running is 1.411.957 x 1.41 = 2.76 (current price) 1.319 x 1.41 = 1.86 (current place price)1.957 at a third the odds a place = 1.319So the question is:Mon, 25 Feb 2013 13:58:45 -0600Fair enough Penzance, but it`s not the fact he came 3rd last year, it`s more to do with the ability of the horses that beat him.The Giant Bolster is not expected to place this year. So why should Long Run.https://community.betfair.com/cheltenham2011/go/thread/view/113609/29785889/who-understands-place-markets?post_id=529346467#529346467Fair enough Penzance, but it`s not the fact he came 3rd last year, it`s more to do with the ability of the horses that beat him.The Giant Bolster is not expected to place this year. So why should Long Run.Mon, 25 Feb 2013 13:54:10 -0600Thanks sageform. I'll go and do some more sums, but I see your point.https://community.betfair.com/cheltenham2011/go/thread/view/113609/29785889/who-understands-place-markets?post_id=529346099#529346099Thanks sageform. I'll go and do some more sums, but I see your point.Mon, 25 Feb 2013 13:44:31 -0600winning 1 G.C and beaten only 3Lin another,I wouldn't be placelaying him,but that's just my ownview. GL.https://community.betfair.com/cheltenham2011/go/thread/view/113609/29785889/who-understands-place-markets?post_id=529344069#529344069winning 1 G.C and beaten only 3Lin another,I wouldn't be placelaying him,but that's just my ownview. GL.Mon, 25 Feb 2013 12:46:26 -0600Going back to the headline post, don't forget that ante post bets include the important possibility of non runner due to a change of mind by connections or injury. At this stage, 15 days before the race I would put that at 1/8 approx. That price is thttps://community.betfair.com/cheltenham2011/go/thread/view/113609/29785889/who-understands-place-markets?post_id=529343353#529343353Going back to the headline post, don't forget that ante post bets include the important possibility of non runner due to a change of mind by connections or injury. At this stage, 15 days before the race I would put that at 1/8 approx. That price is tMon, 25 Feb 2013 12:18:21 -0600think i will wait till they have jumped the last before i nail my colours to the masthttps://community.betfair.com/cheltenham2011/go/thread/view/113609/29785889/who-understands-place-markets?post_id=529341691#529341691think i will wait till they have jumped the last before i nail my colours to the mastMon, 25 Feb 2013 11:03:13 -0600Yes ADR..2 mins before the off.https://community.betfair.com/cheltenham2011/go/thread/view/113609/29785889/who-understands-place-markets?post_id=529336975#529336975Yes ADR..2 mins before the off.Mon, 25 Feb 2013 07:57:40 -0600i still think its too early to make any hard and fast judgements about how i would play this race, as i think it is very dependent upon the state of the ground on the day.https://community.betfair.com/cheltenham2011/go/thread/view/113609/29785889/who-understands-place-markets?post_id=529336537#529336537i still think its too early to make any hard and fast judgements about how i would play this race, as i think it is very dependent upon the state of the ground on the day.Mon, 25 Feb 2013 07:32:19 -0600