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

Welcome to Live View – Take the tour to learn more
Start Tour
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
Pause • Switch to Standard View Help with a bet appreciated
Show More
Loading...
Report SlippyBlue • May 25, 2015 6:49 PM BST
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.
Report kenny mann • May 25, 2015 6:51 PM BST
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.
Report kenny mann • May 25, 2015 6:52 PM BST
They said 30p r4, also took 4/1.
Report kenny mann • May 25, 2015 6:54 PM BST
In both cases the returns are, (paid at full odds but only half stake back) Confused
Report SlippyBlue • May 25, 2015 6:55 PM BST
Not sure then, doesn't add up that.
Report Clouseau • May 25, 2015 6:55 PM BST
Are you sure you didn't get cashback?
Report SlippyBlue • May 25, 2015 6:57 PM BST
Laugh Very good Clouseau.
Report kenny mann • May 25, 2015 7:00 PM BST
lol, genius.
Report kenny mann • May 25, 2015 7:01 PM BST
Online bet to clear things up.
Report kenny mann • May 25, 2015 7:01 PM BST
Both bookies seem to have done exactly the same.
Report kenny mann • May 25, 2015 7:08 PM BST
Just noticed the SP was 7/2 not 4/1 but that shouldn't affect anything.
Report Capt__F • May 25, 2015 7:16 PM BST
7 2 guaranteed then
Report kenny mann • May 25, 2015 7:32 PM BST
Well I took 4/1 anyway Capt, so the 7/2 SP shouldn't affect anything.
Report kenny mann • May 25, 2015 7:34 PM BST
Ah, you may have something. It works out as if I've been paid  at SP with no deduction!
Report kenny mann • May 25, 2015 7:36 PM BST
and yet it clearly stated 4/1 on the settlement page.
Report kenny mann • May 25, 2015 7:36 PM BST
states*
Report akabula • May 25, 2015 7:52 PM BST
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.
Report kenny mann • May 25, 2015 8:06 PM BST
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?
Report kenny mann • May 25, 2015 8:09 PM BST
That's a very good answer of yours btw. Just trying to get my head round it. lol
Report giggitygiggity • May 25, 2015 8:20 PM BST
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.
Report kenny mann • May 25, 2015 8:32 PM BST
Oh I see, giggitygiggity. I wasn't aware of that. Thanks very much. That clears it up nicely.
Report kenny mann • May 25, 2015 8:41 PM BST
I'm surprised Corals did that, seeing as they withdrew my best odds privilege.
Report akabula • May 25, 2015 9:02 PM BST
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.
Report akabula • May 25, 2015 9:03 PM BST
Sorry just read giggi's post which is saying the same.
Report kenny mann • May 25, 2015 9:07 PM BST
Coral don't allow me bog though, quite often this concession is taken away from punters.
Report kenny mann • May 25, 2015 9:08 PM BST
Never mind, I'm well on the right side. Thought I'd only made £20 on the arb but made a ton.
Post Your Reply
<CTRL+Enter> to submit
Please login to post a reply.

Wonder

Instance ID: 13539
www.betfair.com