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Here is another puzzler, any theories on this peeps?

Alex the old wrinkled retainer

22 Mar 11 10:29

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Date Joined: 07 Aug 06

| Topic/replies: 19,297 | Blogger: Alex the old wrinkled retainer's blog

I have noted this recently. small amounts matched to provide, apparently neither a gain or a loss. Matches at 3.0 can also be seen on 3 selection markets. So what is the rationale for this, is somebody picking up pennies?

Matches can be seen on these 3 markets.

http://sports.betfair.com/Index.do?mi=102455854&ex=1&origin=MRL

http://sports.betfair.com/Index.do?mi=102455853&ex=1&origin=MRL

http://sports.betfair.com/Index.do?mi=102455852&ex=1&origin=MRL

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Replies: 5

By:

Alex the old wrinkled retainer When: 29 Mar 11 15:57

People don't seem to know the answer. It does not have to be evens and evens on a 2 selection market. or 3.0, 3.0 and 3.0 on a 3 selection market.

As quick as a flash I recognised that 4.5, 4.5 & 1.8 provides a theoretical no profit/no loss as can currently be seen on the England V Ghana substitutes used market.
http://sports.betfair.com/Index.do?mi=102467397&ex=1&origin=MRL

Somebody is stealing roundings, I am convinced.

By:

brendanuk1 When: 29 Mar 11 17:02

Thats the cross matcher stepping in, imo

By:

Alex the old wrinkled retainer When: 29 Mar 11 18:56

It cannot be cross matching can it Brendan, I assume you are joking.

By:

U.A. When: 29 Mar 11 19:37

Hi there Alex, i noticed this today as well.

It was some completely random U21 game and the home, back and away prices were all 1.01 and there was no value for any lay prices.

I noticed that £5 had been matched so i decided to have a look to see where it had been matched (no idea why i must have been a bit bored at the time). I noticed that £2 had been matched on the home team, draw and away team at a price of 3.0 in all instances.

I assumed that it was someone maybe just testing something, but other than that have no idea.

Most strange.

By:

The Investor When: 29 Mar 11 22:28

Yes, they are picking up pennies. If I'm backing at 1.02, and someone takes 20p laying at 1.02, they will either lose nothing, or win 20p.