New Posts For Thread: 1:50 Newcastlehttps://community.betfair.com/horse_racing/go/thread/view/94102/31798463/150-newcastleHas wnybody else not had the reduction factor applied to lay bets in running for this race? I backed the winner pre race, then laid in running and now have a net loss, the trading team are going to contact me via email, just wondered if anyone else hTrue, maybe I'll just take the stake back more rather than trying to make a profit either way.https://community.betfair.com/horse_racing/go/thread/view/94102/31798463/150-newcastle?post_id=563065349#563065349True, maybe I'll just take the stake back more rather than trying to make a profit either way.Sat, 08 Apr 2023 06:48:06 -0500Swings and roundabouts though. If you are on a losing run as I was recently, it is nice to get your stake back on the ones that finish second.https://community.betfair.com/horse_racing/go/thread/view/94102/31798463/150-newcastle?post_id=563065329#563065329Swings and roundabouts though. If you are on a losing run as I was recently, it is nice to get your stake back on the ones that finish second.Sat, 08 Apr 2023 06:37:22 -0500Absolutely, it seems excessive. Not only worse off but from profit into loss. Anyway I'll be aware in future. I tend to lay too much back in running anyway, need to keep more of the pre race bet.https://community.betfair.com/horse_racing/go/thread/view/94102/31798463/150-newcastle?post_id=563065321#563065321Absolutely, it seems excessive. Not only worse off but from profit into loss. Anyway I'll be aware in future. I tend to lay too much back in running anyway, need to keep more of the pre race bet.Sat, 08 Apr 2023 06:34:04 -0500I suspected that might be the case. The real issue is the size of the reduction factor. I can see the logic but it is way more than rule 4. If you back a winner in a race with a late withdrawal, you are worse off than SP 99% of the time.https://community.betfair.com/horse_racing/go/thread/view/94102/31798463/150-newcastle?post_id=563065253#563065253I suspected that might be the case. The real issue is the size of the reduction factor. I can see the logic but it is way more than rule 4. If you back a winner in a race with a late withdrawal, you are worse off than SP 99% of the time.Sat, 08 Apr 2023 06:12:36 -0500Just found this in the rules: Reduction factors are not applied to bets which are struck in-play. In the event of a late withdrawal, Betfair reserves the right to remove the runner after completion of the race. In this case only those bets mahttps://community.betfair.com/horse_racing/go/thread/view/94102/31798463/150-newcastle?post_id=563065225#563065225Just found this in the rules: Reduction factors are not applied to bets which are struck in-play. In the event of a late withdrawal, Betfair reserves the right to remove the runner after completion of the race. In this case only those bets maSat, 08 Apr 2023 05:59:06 -0500No. Win bet reduced from 14 to 8.9. Lay bet placed at 4 before the off and still showing that in my account statement.https://community.betfair.com/horse_racing/go/thread/view/94102/31798463/150-newcastle?post_id=563064195#563064195No. Win bet reduced from 14 to 8.9. Lay bet placed at 4 before the off and still showing that in my account statement.Fri, 07 Apr 2023 13:13:00 -0500mine neitherhttps://community.betfair.com/horse_racing/go/thread/view/94102/31798463/150-newcastle?post_id=563063821#563063821mine neitherFri, 07 Apr 2023 10:26:39 -0500So has your in running lay had the reduction factor applied? Because mine still hasn't, and no contact whatsoever from them yethttps://community.betfair.com/horse_racing/go/thread/view/94102/31798463/150-newcastle?post_id=563063817#563063817So has your in running lay had the reduction factor applied? Because mine still hasn't, and no contact whatsoever from them yetFri, 07 Apr 2023 10:23:57 -0500But not on my account statement so not properly sorted yet. Still showing a loss on the lay bet unadjusted.https://community.betfair.com/horse_racing/go/thread/view/94102/31798463/150-newcastle?post_id=563063805#563063805But not on my account statement so not properly sorted yet. Still showing a loss on the lay bet unadjusted.Fri, 07 Apr 2023 10:21:51 -0500Now adjusted, thanks.https://community.betfair.com/horse_racing/go/thread/view/94102/31798463/150-newcastle?post_id=563063727#563063727Now adjusted, thanks.Fri, 07 Apr 2023 09:53:13 -0500