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How do you decide when you can't win?
It is so subjective that it is almost impossible to determine in most sports. |
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Only one person on here spells can't carnt, not another username already?
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Not that hard,just void any bet taken after a horse has fallen or broken down.Not faded out of the race or brought to a stop by a mistake.At the point it is impossible for a horse to win the race.
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But who decides what the precise time a horse falls? Do you void all bets 5 secs before fall? There will be an almost impossible grey area in every case.
What about a horse that breaks down? How do you determine the exact time it happens? Why distinguish between a fall and a PU? The same problem is evident in pretty much all sports. Racing is the hardest though as the event doesn't stop once one outcome can't happen unlike sports such as football etc. If you were going to go down that route you would effectively end IR on continuous events such as racing. |
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what about soccer...
they suspend for the goal.... then after the reopen the market, you can still back IMPOSSIBLE RESULTS.... ie the faller... and this remains caveat emptor |
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and it is extremely tedious to suggest a faller can still win...
sure they can TECHINCALLY remount and win the race.... but if they do so the stewards are suspose to lodge and objection and have the horse disqualified.... SURE the stewards might not lodge the objection - but surely they will... so no a faller cannot win in the UK |
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FFS If anyone is daft enough to bet on a faller regardless of time lapse then caveat emptor if they think layers are going to offer huge odds on a horse with a chance.
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When I was a young man about to go out into the world, my father says to me a very valuable thing.
He says to me like this... "Son," the old guy says, "I am sorry that I am not able to bank roll you to a very large start, but not having any potatoes which to give you, I am now going to stake you to some very valuable advice. One of these days in your travels, a guy is going to come to you and show you a nice, brand new deck of cards on which the seal has not yet been broken. This man is going to offer to bet you that he can make the jack of spades jump out of that deck and squirt cider in your ear. Now son, you do not take this bet, for as sure as you stand there, you are going to wind up with an earful of cider." |
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If the Ladbrokes in-running book can make a faller a non-runner, why cant betfair?!
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should read "an earful of cider or a void bet" surely.
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ReemChild...........how long does it take for an IR bet to be accepted by the books?
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Not that hard to determine at what point is deemed to have fallen.Lets just say it is at the point that the horses body touches the floor.If the horse is after that by some miracle to get up with the jockey on board and win or be placed.Its no problem because the bets taken after the fall would only be voided after the race.Same for breaking down,say it has broken down when the jockey stops the horse from participating in the race.Again if the horse carried on after looking like it had broken down then no in running bets are voided.A pu is easy to determine,the horse is still on its feet.
Better to have some system than to keep allowing the theft that goes on now and badly tarnishes Betfairs reputation. |
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Just void ALL losing bets then,problem solved.
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Here's how it works right?
1. The race is officially "off" 2. Betfair cancels all bets and suspends the market (unless you've marked your bet as a keeper) 3. Everyone who bets after the suspension knows they are betting "in-running" 4. The in-running rules are clearly laid out and everyone knows what they are 5. If you place a bet you agree to the rules 6. Shut up and stop whingeing 7. Or keep your money in your pocket What could be simpler than that? |
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It's a waste of time voiding fallers. They're the thin edge of a massive wedge. A horse can go from looking 1.01 to a 1000.0 in a matter of strides. The answer is to make the bet placement delay on horse racing 3 hours to accommodate betfair or maybe even 3 years to accommodate the BHA.
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What could be simpler than that?
They could make sure every customer is aware of the true extent of the delays and stop pretending that bet placement delays are there to protect the average punter. |
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And those shrewdies who are howling never knew they were backing a Barton Bank at 1000 or 1.01.
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Do none of you guys bet on the cricket ?
When a batsman is out he will be removed from the market following suspension eg top batsman market if he cannot win that market . If they can do it for the cricket , why not for the soccer ? The greening up carp is smokescreen , in the batsman run market when the player is removed from the market , the liability ( if any ) disappears and the free balance is automatically adjusted . Someone somewhere on betfair does not understand that they operate markets differently for no apparent obvious reason . Somebody wasted £8 tonight on the Fulham match backing 0-0 when it was 0-1 . Think that is wrong . |
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There's a warning on every event that allows IR. It says something like "Live may not mean LIVE".
I don't want BF mollycoddling me. I want them to be fair and straight and stick to their own rules. I think that the rules around PC are iniquitous (though I have no chance of ever paying PC); I think they have a problem with the rules about voiding runners in ante-post markets (e.g. where a horse is balloted or where a player doesn't line up in the first goalscorer markets); but in general I believe BF are pretty fair and just. |
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Good point about fallers being just a small part of the overall rip off FnId.With all the money they make,maybe the answer would be to have close to live in running on here(if possible).But to keep pushing their in running when people are using it to steal,makes them part of the theft also.
Kelly spot on,so why dont Betfair do it on football.Are they profiting from it in some way ? |
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The warning "some transmissions described by broadcasters as live may in fact be delayed" is meaningless small print. Most punters are aware that the speed of light is not infinite but it doesn't follow that they realise they're half a furlong behind course players (not everyone reads the forum). Manipulating the delay on the flies-round-sh1te markets (described by a "skill" by the man who introduced the PC) is another thing you can hardly expect the unwashed to fathom. Naturally those who are aware would prefer these people weren't "mollycoddled". The banks feel the exact same way. "Fair and just" means "fair and just for us".
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I mean Betfair to pay for the technology to have close to live on here.
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*described as a "skill"
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The fallers debate over jumps is different to the correct score market . There are identification problems , colours problems , commentators error , plus technically In Ireland I still think faller can be remounted and win ( although not dead sure on that one ) .
Plus time factor , reckon we just thole it on grounds of impracticality . |
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If betfair had just stopped betting in running on horse racing because it was too unfair the pictures would probably be near live by now. Instead they've given all sorts of parties an incentive to keep them slow and they're not particularly bothered about themselves as they're now copping for 40-60% of the ill-gottens and ,until now, were able to distance themselves from the unsavoury goings on.
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There IS A CHOICE...............simply dont use the medium if you object to the way it operates.Go back to you V the books ALL IN WIN OR LOSE...........simple.hth
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Kelly if you dont know the re-mounting rules you should not be on an exchange.hth
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Point taken Kelly but it would be possible to identify a faller after the race.Which is when the bets taken after the horse has fallen would be voided.Once a horse has fallen any money taken from a punter on it winning is fraud and i am sure if it went to court it would be proved to be fraud.Maybe Betfair should consider if this happened,a judge may ban all in running betting as the only sure way to stop this theft.
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toronto44
The GC that use to govern betfair's IR (betfair have since moved), hade a lengthy investigation into the fairness of IR. they concluded "nothing to see here - all seems fair" they ignored valid suggestions to make it more transparent to punters... one such suggestion form me... that it be a condition of an IR licience that the opperator give the clinet a seperate Pre-off and IR statement.... so they can see where they win and lose... the GC rejected that - infact they did not even discuss it in thier response document... |
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There IS A CHOICE...............simply dont use the medium if you object to the way it operates.Go back to you V the books ALL IN WIN OR LOSE...........simple.hth
It doesn't really rscaughtboy. Presumably you'd have backed the banks if they said something similar to those who'd taken out loan insurance? |
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Do stakes get returned if you bet a horse after it has taken a wrong course ?
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Enlighten me then rrscaughtboy re fallers in Ireland .
Apart from the fact that I seldom bet in running when the only pictures available are slow ( as they are from Ireland unless you have terrestrial RTE ). And I am not in the business of scalping faller backers , or seeking to back 1000 winners . I therefore categorise myself in the "no need to know that information camp" , but would not want to mislead others possibly . |
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Good on you Magician for trying to change some of the ways punters are ripped off.Admire you for doing something rather than just talking about it(like me).
The gambling commission have never looked after the interests of punters.Just look at who funds them. You would think the minimum Betfair could do would be to separate in running bets P&L.By choosing not to do anything about in running rip offs makes them part of it.This has now caught up with them and the next time there is a similar or worse problem it could bring them down.All because they have to try to squeeze the last penny out of the site and they dont care whether its an honest penny or not. |
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Just to illustrate the point , Gambhir was out in the first over against Australia for a duck , removed from the top Indian batsman ( first innings ) when Sehwag scored the first run . Can be done .
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FFS Toronto if you know the rules when you sit down.......how can you be ripped off?
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Ballyregan makes a valid and salient point.........i backed heavily Double Dizzy when the wrong course was taken at Chelt.Conversely I had Glens Boy on Saturday with 2 winners at 15/2 and 3/1 and Torphichen at 12/1 and a 13/2 place in an ew lucky 15 and an ew acca.
All bets off..........or just unlucky? |
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I think you are missing the point Aboy.First a lot of people on here dont read the small print and dont know they are being ripped off.If you signed a car hire agreement without reading it completely and it said you were responsible for all damage to the car before you rented it.Would you then be happy if they then stopped 2 grand from your credit card for a bent axle that was nothing to do with you.Just writing on here that we may allow you to be robbed,does not mean it is legal to then rob them.Loads of punters on here are not aware of this rip off either because they are new or they do not read the small print.
Its not as though Betfair dont make enough without inrunning.Either stop it or do everything they can to stop their members being robbed and spend some of their huge profits to get fast pictures on here.After all dont they sell the site as just punters betting with other punters.Not crooks and con men robbing and feeding off the not so shrewd members. |
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Toronto............if you can read the SMALL PRINT....1.07........the others can.
If you or others cannot........DONT USE IT? ![]() ![]() ![]() ![]() |
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Point missed
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I will post this yet again.I posted this on their feedback site where they invite customers to join and give them feedback on things.When posted the majority agreed and even the reaserchers agreed and said it would be looked into.This was in November 2010 and yet nothing was aid about it by Betfair.Most will have saw it before as iv kept it alive as i really believe in it and some dont agree thatsfine.Again this is the original post and some points may be alittle off but yous get the gist.
After carefully reading Outsiders views on bets being matched at 1000/1 when horses have fallen,we as punters should be asking the question when is a bet a bet. Bookmakers have to trade under the rules that if there is the scenario where a bet is placed but no customer can win then all bets are viod,ie if all horses fall in a race (no finnishers) its a void race and all bets refunded,now when it was allowed that jockeys could remount and complete the course then someone betting 1000/1 shot always had the possibility that all horses could fall and their be remounted and win as shown in the video link below. http://www.youtube.com/watch?v=ZnE-q5rOEKQ&playnext=1&list=PLCCCAD3C28AA5EB99&index=39 In my opinion since the rules have changed and jockeys can no longer remount due to animal welfare issues Betfair are in grave danger of breaking the law by allowing someone to lose money on something that cant actually win,and this has happened to me where having slower pictures/connection iv placed an in play bet been matched at 1000/1 after the horse has fallen and had no chance of winning,NOT EVEN A 1000/1 chance in fact NOT EVEN A 1000000/1 chance. Now the question has to be asked are these bets 1st of all morally right and second of all legally right and shouldnt Betfair be protecting what i would have to call vulnerable people by voiding all bets matched on outcomes that cant possibly win. I personally dont know what kind of licence Betfair have but in a bookmakers licence 1 of the main points is what will you do to protect VULNERABLE members of the public.Now in a meeting i had with the guy from the Gambling Commission he explained to me that can cover anything from mental health problems to excessive drinking to people who you think may have a serious gambling problem and i can assure you that bookies have to go to extensive lengths to convince them before getting a licence. Now here is my point,if someone is getting pictures direct from the course and someone else is watching it live from Betfairs feed(10 seconds delay roughly) and a horse they placed a bet on falls just before they place the bet(within the 10 seconds)isnt the person with the time delay now vulnerable to the person without the time delay because they have been matched on a bet that now cant possibly win,whereas before the rules changed thet bet in theory could still win as shown above? I think Betfair seriously need to address this and also take a serious look at the how many goals will there be in a game at football because when it goes 1-0 to a team 1 or more goals cant possibly lose however people can still lay it at 1.01 as there is always money waiting to bet it,i know you would have to be full daft to do this but again someone could do it and claim they were vulnerable or didnt fully understand the rules etc however they should never have been able to lose money where they couldnt possibly win no matter what the outcome was. Would love to hear peoples thoughts on this and especially someone from Betfairs side. |