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aziraphale
16 Dec 11 00:08
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Date Joined: 05 Jul 03
| Topic/replies: 2,306 | Blogger: aziraphale's blog
I posted this on the Mobile forum but that seems quieter than a Michelle McManus fan site so repeating it here... Anyone else found this?

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The Cash Out function sometimes gives some very odd suggestions which would cost you a packet if you took them up.

E.g. I saved a screenshot today from the Atletico Madrid v Rennes match.

Pre-KO I had laid Rennes for £10 and backed Madrid for £10. My book was:

Madrid +£21.02
Rennes -£136.00
Draw -£10.00

At half time Madrid were 2-0 up and the odds were:

Madrid 1.03 / 1.04
Rennes 120 / 140
Draw 32 / 34

Clearly I could have very cheaply got rid of my exposure on this market and (if I wished) levelled up.

However the Cash Out offered was "Take £29.54", quoting "Liability £136.00, Profit -£106.46".

Obviously I didn't test out whether it would have done this and cost me over £100. What on Earth is going on? There was tons of liquidity on the market, and as you can see from the odds the spreads were tight. A bug?

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By:
longbridge
When: 16 Dec 11 11:32
Having trouble working out the prices you took from pre-KO book.

Surely if you backed Madrid for a tenner and laid Rennes to a tenner stake then your book for the draw should be flat (lose 10 on the Madrid back, win 10 on the Rennes lay)?
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