New Posts For Thread: bookmakers rules re: under/over stakinghttps://community.betfair.com/horse_racing/go/thread/view/94102/23617962/bookmakers-rules-re-underover-stakingwhat is the general rule of thumb ?under staked : bet proportionaly adjusted over staked : over stake returned correct ? what does mangers discreaton mean ?zilzal1: I was trying to be kind... but you're probably right :phttps://community.betfair.com/horse_racing/go/thread/view/94102/23617962/bookmakers-rules-re-underover-staking?post_id=423083506#423083506zilzal1: I was trying to be kind... but you're probably right :pFri, 09 Apr 2010 07:52:04 -0500LOL 90%https://community.betfair.com/horse_racing/go/thread/view/94102/23617962/bookmakers-rules-re-underover-staking?post_id=423083470#423083470LOL 90%Fri, 09 Apr 2010 07:16:27 -0500if you overstake a dodgy e/w you'll be told to eff offhttps://community.betfair.com/horse_racing/go/thread/view/94102/23617962/bookmakers-rules-re-underover-staking?post_id=423083466#423083466if you overstake a dodgy e/w you'll be told to eff offFri, 09 Apr 2010 07:15:42 -0500I know the odd mathematically challenged member of staffThat is the Understatement of the year, (0% of them would be lost if both EPOS and the settling machine broke downhttps://community.betfair.com/horse_racing/go/thread/view/94102/23617962/bookmakers-rules-re-underover-staking?post_id=423083462#423083462I know the odd mathematically challenged member of staffThat is the Understatement of the year, (0% of them would be lost if both EPOS and the settling machine broke downFri, 09 Apr 2010 07:12:37 -0500RE: Barry ConwayThat's quite interesting - I wonder if the man genuinely knew he was understaking or not?I can see how this kind of thing could happen: I know the odd mathematically challenged member of staff that this would probably work with. Howehttps://community.betfair.com/horse_racing/go/thread/view/94102/23617962/bookmakers-rules-re-underover-staking?post_id=423083458#423083458RE: Barry ConwayThat's quite interesting - I wonder if the man genuinely knew he was understaking or not?I can see how this kind of thing could happen: I know the odd mathematically challenged member of staff that this would probably work with. HoweFri, 09 Apr 2010 07:09:27 -0500I think (completely non-biased) that I prefer Ladbrokes' rule with this: as you say, it is usually a mistake.Sure, if you have overstaked then there's the onus on you to collect the voids rather than throwing away an otherwise losing bet.All bets arehttps://community.betfair.com/horse_racing/go/thread/view/94102/23617962/bookmakers-rules-re-underover-staking?post_id=423083450#423083450I think (completely non-biased) that I prefer Ladbrokes' rule with this: as you say, it is usually a mistake.Sure, if you have overstaked then there's the onus on you to collect the voids rather than throwing away an otherwise losing bet.All bets areFri, 09 Apr 2010 07:02:18 -0500I used to work for labdrokes and heard of a customer (a man in his 70's) who used to place 1p comb forecast doubles, through the card and selecting 4 dogs. He'd pay for as if he'd only picked 3 dogs. Of course you couldn't capture them in Epos. So thhttps://community.betfair.com/horse_racing/go/thread/view/94102/23617962/bookmakers-rules-re-underover-staking?post_id=423083446#423083446I used to work for labdrokes and heard of a customer (a man in his 70's) who used to place 1p comb forecast doubles, through the card and selecting 4 dogs. He'd pay for as if he'd only picked 3 dogs. Of course you couldn't capture them in Epos. So thFri, 09 Apr 2010 06:55:45 -0500its a bad rule as overstaking is a mistake and unless the selection/s win you dont see it back ....they never even picked it up ...its all " the system " the computer "bla bla ...the system or puter aint ever gonna say " sorry sir we took to much monhttps://community.betfair.com/horse_racing/go/thread/view/94102/23617962/bookmakers-rules-re-underover-staking?post_id=423083442#423083442its a bad rule as overstaking is a mistake and unless the selection/s win you dont see it back ....they never even picked it up ...its all " the system " the computer "bla bla ...the system or puter aint ever gonna say " sorry sir we took to much monFri, 09 Apr 2010 06:54:15 -0500As a Ladbrokes employee, I can confirm that in the case of an overstake, the excess stake is returned as voids. This may differ to some other bookies, but is always the case with Ladbrokes. You'll be able to check this out yourself on a rules postehttps://community.betfair.com/horse_racing/go/thread/view/94102/23617962/bookmakers-rules-re-underover-staking?post_id=423083426#423083426As a Ladbrokes employee, I can confirm that in the case of an overstake, the excess stake is returned as voids. This may differ to some other bookies, but is always the case with Ladbrokes. You'll be able to check this out yourself on a rules posteFri, 09 Apr 2010 06:46:56 -0500thats what i thought ...not so i have been informed overstaked = overs returned in (share price through the floorbrokes )https://community.betfair.com/horse_racing/go/thread/view/94102/23617962/bookmakers-rules-re-underover-staking?post_id=423083418#423083418thats what i thought ...not so i have been informed overstaked = overs returned in (share price through the floorbrokes )Fri, 09 Apr 2010 05:25:41 -0500