https://community.betfair.com/horse_racing/go/thread/view/94102/31898015/reduction-factor-explanationCan anyone explain why non runner Echo Valley in the 6.00 Wolverhamton and was a rank outsider has correctly no reduction factor for win purposes but 35.5% in the place market. Seems crazy to me but perhaps has some mathematical justification.https://community.betfair.com/horse_racing/go/thread/view/94102/31898015/reduction-factor-explanation?post_id=565289651#565289651Can anyone explain why non runner Echo Valley in the 6.00 Wolverhamton and was a rank outsider has correctly no reduction factor for win purposes but 35.5% in the place market. Seems crazy to me but perhaps has some mathematical justification.Tue, 24 Mar 2026 12:28:53 -0500