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I've always wondered, when a horse drops out of a race, why does betfair drop your odds on any bets you already have confirmed at the time.
It just happened to me at Catterick, i had a confirmed bet on Misty Morn at odds of 17, Irish Boy then dropped out & my odds dropped to 14.92, where do these odds/money go to, are the odds changed for the layer too? & why? it's a confirmed bet between 2 people, surely it should stand as it is & not change.
Can anyone enlighten me? (who's got my extra winnings that i should have had!? lol)
It just happened to me at Catterick, i had a confirmed bet on Misty Morn at odds of 17, Irish Boy then dropped out & my odds dropped to 14.92, where do these odds/money go to, are the odds changed for the layer too? & why? it's a confirmed bet between 2 people, surely it should stand as it is & not change.
Can anyone enlighten me? (who's got my extra winnings that i should have had!? lol)
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The people who have back the non runner get their stake back hence the alteration.hth
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they don't want you to win
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but how does the people getting their stake back from the non runner affect the odds of a completely different horse? the stake to be returned back is between the two patties of that bet, nothing to do with my bet on a different horse, doesn't make any sense to me :-/ lol
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foydc
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to simplify,
say you get 10/1 on a horse and there is a 1/3 fav in the race, say the fav gets withdrawn, would you still be expecting to be on at 10/1 ?! |
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Any market tries to operate as close as possible to a 100% overround any non runner obviously affects this so the market has to adjust.
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yes i bloody well would! lol, wouldn't you? ... it wouldn't happen at a normal bookies, if i agree a proce i get that price, so it still doesn't explain why it happens on here.
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really Wiggi? if you know of a bookie who doesn't apply Rule 4 deductions, let us all know which one.
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hope you're either joking or fishing Wiggi
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This forum should be renamed "Pratts Corner"
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Where do they come from?I am stunned.
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Orchardist
if I thought he was fishing, I wouldn't off bothered, remember we all had to start somewhere and he very likely doesn't know what a R4 is ! |
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timeless well he does now !
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its not the fact he doesnt understand the R4 rule that shocks me, its the fact that he thinks the horse still has the exact same chance of winning when theres withdrawals, hence the odds.
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My mate Dave, he operates from the back right hand table at the Horsse & Hound, he's best bookie EVER! ;) lol
No, actually i was being serious, i know very little horse racing rules, i didn't think that happened at normal bookmakers! :( ... stupid Rule 4 deductions, just cost me 104 squid! Cheers peeps. x |