Forums

General Betting

Welcome to Live View – Take the tour to learn more
Start Tour
There is currently 1 person viewing this thread.
Beefie
24 Aug 11 13:53
Joined:
Date Joined: 08 Feb 10
| Topic/replies: 140 | Blogger: Beefie's blog
I notice that the place market for the first race today (14:00 Chep) seems to have bets of 1p on all selections placed at 1.42,1.44, 1.46 and 1.49.

Is that allowed? Who's policing things?
Show More
Loading...
Report 1.01 Layer August 24, 2011 3:47 PM BST
You can lay at anything sub 1.49 for 1p potential gain and zero liability but it is "minimum bet abuse" and, in theory not tolerated.
Report man of many moods August 29, 2011 7:11 AM BST
A lot of the time it's because of hidden 1.99 bets just in front of the best available price.
They're always there, every day, every horse, every market, back and lay, wherever there's a gap between the back and lay prices.

If your bet's next in the queue and someone takes 2.00 of it, they'll get the hidden 1.99 and 1p of your money.

It's not always 1.99. A lot of the time it's a bit less, which may well be 2.00 euro bets which don't show up if your account's in pounds (I think).
Report The_Ocho August 29, 2011 2:13 PM BST
In Oz they will take bets below the $5 minimum very seriously - believe me - even though bf promote something like 130 applications that can all bet below the minimum on their web site. [>o]
Report Bridgeboy August 29, 2011 10:52 PM BST
We can all bet below the "minimum" if youre doing it manually it just takes a little time. . . .
Report John_Cherry August 30, 2011 12:08 AM BST
Think I read on here that someone abused the 'laying a penny @ 1.49' on loads of accounts.
BF caught them, but i don't know if they received any 'punishment' so to speak
Report TheInvestor2 August 30, 2011 2:42 AM BST
The_Ocho

What do they do then?
Report viva el presidente! August 30, 2011 3:05 AM BST
the one that really ticks me off is people taking several nibbles of a sub 1.49 bet, each of which results in a liability to me but no gain.

theoretically they could presumably take the whole lot like that.
Report Do wah Diddy August 30, 2011 10:25 AM BST
REPENT I SAY, REPENT YOU PENNY BETTORS ,YOU WILL BE FOUND OUT AND DEBETFAIRED
Report Do wah Diddy August 30, 2011 10:27 AM BST
INTERPOLL BETFAIR HAS BEEN ALERTED THERES NO HIDEING PLACE
Report Do wah Diddy August 30, 2011 10:31 AM BST
betfair police warning


WATCH OUT THERES A PENNY BETTOR ABOUT
Post Your Reply
<CTRL+Enter> to submit
Please login to post a reply.

Wonder

Instance ID: 13539
www.betfair.com