Forums

We want to share an important update with our Betfair Community users.

Over the coming months, the Betfair Community platform will be winding down. The final active day for the platform will be December 21st. From December 22nd, users will no longer be able to access the platform.

Your discussions, insights, engagement, and, most importantly, feedback have helped shape the platform and guided innovation. Your feedback continues to be important to us, and we will continue to listen via our dedicated feedback channels, as well as through product testing and innovations.

To share your feedback and experience, visit: https://support.betfair.com/app/home

There is currently 1 person viewing this thread.
kenny mann
25 May 15 18:43
Joined:
Date Joined: 29 Apr 10
| Topic/replies: 38,081 | Blogger: kenny mann's blog
£37.50 on a 4/1 winner. Took 4/1 SP also 4/1 (2 nr 25p rule 4)

I'm on the right side but how do they get a total return of £168.75? I make it that it should be £150.00.

Thanks

Post your reply

Text Format: Table: Smilies:
Forum does not support HTML
Insert Photo
Cancel
sort by:
Show
per page
Replies: 26
By:
SlippyBlue
When: 25 May 15 18:49
Some firms like PP do not take 5p or 10p rule 4 deductions from winnings so I can only assume you have been deducted for 1 non runner and not both of them. That's my guess anyway.
By:
kenny mann
When: 25 May 15 18:51
Thanks, Slippy but I phoned WH and they said 25p r4.

Same with Cor, £125 on same horse, returns £562.50, can't make it fit with any rule 4.
By:
kenny mann
When: 25 May 15 18:52
They said 30p r4, also took 4/1.
By:
kenny mann
When: 25 May 15 18:54
In both cases the returns are, (paid at full odds but only half stake back) Confused
By:
SlippyBlue
When: 25 May 15 18:55
Not sure then, doesn't add up that.
By:
Clouseau
When: 25 May 15 18:55
Are you sure you didn't get cashback?
By:
SlippyBlue
When: 25 May 15 18:57
Laugh Very good Clouseau.
By:
kenny mann
When: 25 May 15 19:00
lol, genius.
By:
kenny mann
When: 25 May 15 19:01
Online bet to clear things up.
By:
kenny mann
When: 25 May 15 19:01
Both bookies seem to have done exactly the same.
By:
kenny mann
When: 25 May 15 19:08
Just noticed the SP was 7/2 not 4/1 but that shouldn't affect anything.
By:
Capt__F
When: 25 May 15 19:16
7 2 guaranteed then
By:
kenny mann
When: 25 May 15 19:32
Well I took 4/1 anyway Capt, so the 7/2 SP shouldn't affect anything.
By:
kenny mann
When: 25 May 15 19:34
Ah, you may have something. It works out as if I've been paid  at SP with no deduction!
By:
kenny mann
When: 25 May 15 19:36
and yet it clearly stated 4/1 on the settlement page.
By:
kenny mann
When: 25 May 15 19:36
states*
By:
akabula
When: 25 May 15 19:52
The rule4 of 25p would only apply to SP bets if the w/d horse was a different early price.
If you took an early price and the w/d horse was a bigger price than it's pre w/d price the r4 would be less.
By:
kenny mann
When: 25 May 15 20:06
Thanks aka, so are the returns correct?

To make it simple if I had £25 on a horse that I took an early price of 4/1 about and the SP was 7/2 and there was a 25p reduction (horse was withdrawn long after my bet) what should my returns be?
By:
kenny mann
When: 25 May 15 20:09
That's a very good answer of yours btw. Just trying to get my head round it. lol
By:
giggitygiggity
When: 25 May 15 20:20
Most firms will pay you whatever is the highest..returns of sp  or taken price with r4.

Standard offer like guaranteed odds.

As the returns from £25 at sp (no rule 4 as market already been reformed) work out more than £25 at 4/1 minus r4 you got paid £168.75 instead of £150.
By:
kenny mann
When: 25 May 15 20:32
Oh I see, giggitygiggity. I wasn't aware of that. Thanks very much. That clears it up nicely.
By:
kenny mann
When: 25 May 15 20:41
I'm surprised Corals did that, seeing as they withdrew my best odds privilege.
By:
akabula
When: 25 May 15 21:02
On reflection Kenny and looking at the return I'm thinking the horse must have been withdrawn early doors and the revised betting market reflected this.
Therefore your bet was 4/1 les 25p which is 4/1 x 75/100 = 3/1. the returned SP was 7/2 with no r4 as the market had been made with this already a nr.
I'm also guessing your bet was BOG therefore you'd be on at the SP and £37.50 @ 7/2 no r4 = £168.75.
By:
akabula
When: 25 May 15 21:03
Sorry just read giggi's post which is saying the same.
By:
kenny mann
When: 25 May 15 21:07
Coral don't allow me bog though, quite often this concession is taken away from punters.
By:
kenny mann
When: 25 May 15 21:08
Never mind, I'm well on the right side. Thought I'd only made £20 on the arb but made a ton.
sort by:
Show
per page

Post your reply

Text Format: Table: Smilies:
Forum does not support HTML
Insert Photo
Cancel
‹ back to topics
www.betfair.com