New Posts For Thread: Bitten by RULE 4 !https://community.betfair.com/horse_racing/go/thread/view/94102/29907603/bitten-by-rule-4I done a back/lay bet @ Punch in week (backed on Betvic/layed on Bf) which should have guaranteed me a profit. However the horse Won and I ended up with a small loss due to Betvic making a R4 reduction for a non runner. This has alerted me to a potenYup. If his lay was in before hand & got matched then he would have actually profited more than before.https://community.betfair.com/horse_racing/go/thread/view/94102/29907603/bitten-by-rule-4?post_id=531845763#531845763Yup. If his lay was in before hand & got matched then he would have actually profited more than before.Mon, 29 Apr 2013 04:58:28 -0500yes , stoozbet , but betfair DO enforce a similar deduction also.that's why the OP got caught out by the before and after scenario and why the exchange lay price was lowerhttps://community.betfair.com/horse_racing/go/thread/view/94102/29907603/bitten-by-rule-4?post_id=531845741#531845741yes , stoozbet , but betfair DO enforce a similar deduction also.that's why the OP got caught out by the before and after scenario and why the exchange lay price was lowerMon, 29 Apr 2013 04:55:48 -0500Adge, I think the OP placed his lay after the non runner & was caught out by victor enforcing the 5p rule whereas the rest of the village don't online.https://community.betfair.com/horse_racing/go/thread/view/94102/29907603/bitten-by-rule-4?post_id=531845617#531845617Adge, I think the OP placed his lay after the non runner & was caught out by victor enforcing the 5p rule whereas the rest of the village don't online.Mon, 29 Apr 2013 04:43:31 -0500You have to know every bookie's rule 4's. Most don't enforce 5p rule 4's but some do.Victor definitely does enforce the 5p.I'm pretty sure all of the other main firms don't online. However they have different rules in shops where they do apply 5p rulhttps://community.betfair.com/horse_racing/go/thread/view/94102/29907603/bitten-by-rule-4?post_id=531845603#531845603You have to know every bookie's rule 4's. Most don't enforce 5p rule 4's but some do.Victor definitely does enforce the 5p.I'm pretty sure all of the other main firms don't online. However they have different rules in shops where they do apply 5p rulMon, 29 Apr 2013 04:41:56 -0500don't understand the post..if there is a rule 4 there is always a reduction factor on an exchange ?and the tatts rule 4 heavily favours the punter [ e.g. 6/1 being only 10p ..and nothing for 16/1 chances even when there are two of them ]https://community.betfair.com/horse_racing/go/thread/view/94102/29907603/bitten-by-rule-4?post_id=531845565#531845565don't understand the post..if there is a rule 4 there is always a reduction factor on an exchange ?and the tatts rule 4 heavily favours the punter [ e.g. 6/1 being only 10p ..and nothing for 16/1 chances even when there are two of them ]Mon, 29 Apr 2013 04:36:04 -0500Thx crackerpants That's interesting as I never new bookies had different rules - I would have expected an industry standard.https://community.betfair.com/horse_racing/go/thread/view/94102/29907603/bitten-by-rule-4?post_id=531844737#531844737Thx crackerpants That's interesting as I never new bookies had different rules - I would have expected an industry standard.Mon, 29 Apr 2013 02:33:54 -0500IT only hurts you if the horse is fancied . ie ten pence in pound deduction and above if the horse gets with drawn in the mornining early enough to form a new mkt your ok . check cos different bookies have different rules. you bet with one of the worhttps://community.betfair.com/horse_racing/go/thread/view/94102/29907603/bitten-by-rule-4?post_id=531828321#531828321IT only hurts you if the horse is fancied . ie ten pence in pound deduction and above if the horse gets with drawn in the mornining early enough to form a new mkt your ok . check cos different bookies have different rules. you bet with one of the worSun, 28 Apr 2013 09:54:31 -0500Thems the rubs of a trader...https://community.betfair.com/horse_racing/go/thread/view/94102/29907603/bitten-by-rule-4?post_id=531822187#531822187Thems the rubs of a trader...Sun, 28 Apr 2013 05:13:48 -0500How can U avoid it...............horses can be withdrawn up to the off (at the start) for ex..........If theres a CHANGE OF GOING U can expect it as they can withdraw without a fine..........https://community.betfair.com/horse_racing/go/thread/view/94102/29907603/bitten-by-rule-4?post_id=531822183#531822183How can U avoid it...............horses can be withdrawn up to the off (at the start) for ex..........If theres a CHANGE OF GOING U can expect it as they can withdraw without a fine..........Sun, 28 Apr 2013 05:13:37 -0500I done a back/lay bet @ Punch in week (backed on Betvic/layed on Bf) which should have guaranteed me a profit. However the horse Won and I ended up with a small loss due to Betvic making a R4 reduction for a non runner. This has alerted me to a potenhttps://community.betfair.com/horse_racing/go/thread/view/94102/29907603/bitten-by-rule-4?post_id=531822085#531822085I done a back/lay bet @ Punch in week (backed on Betvic/layed on Bf) which should have guaranteed me a profit. However the horse Won and I ended up with a small loss due to Betvic making a R4 reduction for a non runner. This has alerted me to a potenSun, 28 Apr 2013 05:03:52 -0500