New Posts For Thread: WARNING Reverse forecast on exchange betshttps://community.betfair.com/horse_racing/go/thread/view/94102/31808001/warning-reverse-forecast-on-exchange-betsHi there just thought I would highlight this to Antone who places a reverse forecast on Betfair Exchange.Yesterday I put a reverse forecast on the exchange for the 4.15 at Beverley. The bet was successful in Freak out winning (which I also had as a wAgree with longbridge regarding fairness to layers and backers alike.https://community.betfair.com/horse_racing/go/thread/view/94102/31808001/warning-reverse-forecast-on-exchange-bets?post_id=563252575#563252575Agree with longbridge regarding fairness to layers and backers alike.Thu, 29 Jun 2023 05:35:16 -0500"If Sportsbook applies a rule 4 then why not Exchange?"I would guess (only a guess) that there is enough margin built into the SB bet that BF are able to apply a R4-style deduction that is unfair to the layer (ie themselves) without actually making thttps://community.betfair.com/horse_racing/go/thread/view/94102/31808001/warning-reverse-forecast-on-exchange-bets?post_id=563252475#563252475"If Sportsbook applies a rule 4 then why not Exchange?"I would guess (only a guess) that there is enough margin built into the SB bet that BF are able to apply a R4-style deduction that is unfair to the layer (ie themselves) without actually making tThu, 29 Jun 2023 04:54:05 -0500Thanks to all who responded, yes I know now it is the rules, but it is ONLY with Betfair Exchange, and does not apply to the Betfair Sportsbook rules and that to me is totally unfair. If Sportsbook applies a rule 4 then why not Exchange?Say it’s ahttps://community.betfair.com/horse_racing/go/thread/view/94102/31808001/warning-reverse-forecast-on-exchange-bets?post_id=563252297#563252297Thanks to all who responded, yes I know now it is the rules, but it is ONLY with Betfair Exchange, and does not apply to the Betfair Sportsbook rules and that to me is totally unfair. If Sportsbook applies a rule 4 then why not Exchange?Say it’s aThu, 29 Jun 2023 03:04:23 -0500My rules committee days were a good while ago Howard but there's still a difference amongst how the major companies settle bets.Where you have placed a forecast bet, i.e. you’ve declared which horses you think will finish first and second, in mosthttps://community.betfair.com/horse_racing/go/thread/view/94102/31808001/warning-reverse-forecast-on-exchange-bets?post_id=563250839#563250839My rules committee days were a good while ago Howard but there's still a difference amongst how the major companies settle bets.Where you have placed a forecast bet, i.e. you’ve declared which horses you think will finish first and second, in mostWed, 28 Jun 2023 09:22:47 -0500Hayden , so what is it now with laddies and hills ?https://community.betfair.com/horse_racing/go/thread/view/94102/31808001/warning-reverse-forecast-on-exchange-bets?post_id=563250807#563250807Hayden , so what is it now with laddies and hills ?Wed, 28 Jun 2023 09:04:15 -0500As others have said, the FC and RFC markets have always been voided on NRs.It is a topic that has been debated on here in the past, and the issue is always how to determine the equivalent of a Reduction Factor that will be fair to both backers and lahttps://community.betfair.com/horse_racing/go/thread/view/94102/31808001/warning-reverse-forecast-on-exchange-bets?post_id=563250777#563250777As others have said, the FC and RFC markets have always been voided on NRs.It is a topic that has been debated on here in the past, and the issue is always how to determine the equivalent of a Reduction Factor that will be fair to both backers and laWed, 28 Jun 2023 08:48:24 -0500Never been any different rule as far as i remember and a similar scenario in the past would have returned the stake , sounds harsh but the rules are there for all to read.In the past there's always been a different rule for bookmaker forecasts , examhttps://community.betfair.com/horse_racing/go/thread/view/94102/31808001/warning-reverse-forecast-on-exchange-bets?post_id=563250725#563250725Never been any different rule as far as i remember and a similar scenario in the past would have returned the stake , sounds harsh but the rules are there for all to read.In the past there's always been a different rule for bookmaker forecasts , examWed, 28 Jun 2023 08:37:15 -0500Yep. It has been the rule forever and completely mental - as if you couldn't work out a reasonably fair formula to apply a deduction. It's a joke but not a company who is interested on improvements any longer. They still don't have an automated way ohttps://community.betfair.com/horse_racing/go/thread/view/94102/31808001/warning-reverse-forecast-on-exchange-bets?post_id=563250701#563250701Yep. It has been the rule forever and completely mental - as if you couldn't work out a reasonably fair formula to apply a deduction. It's a joke but not a company who is interested on improvements any longer. They still don't have an automated way oWed, 28 Jun 2023 08:30:28 -0500I know it's probably very frustrating and infuriating if you were unaware of it - but that has always been the rule PTFC.https://community.betfair.com/horse_racing/go/thread/view/94102/31808001/warning-reverse-forecast-on-exchange-bets?post_id=563250617#563250617I know it's probably very frustrating and infuriating if you were unaware of it - but that has always been the rule PTFC.Wed, 28 Jun 2023 07:55:15 -0500thanxhttps://community.betfair.com/horse_racing/go/thread/view/94102/31808001/warning-reverse-forecast-on-exchange-bets?post_id=563250609#563250609thanxWed, 28 Jun 2023 07:53:09 -0500