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I just backed Mon Mome at 90/1. Am I guaranteed that price now?
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Should be -this is the price with all known current factors it is beleived the horse will go off at.
HTH
HTH
No - You are not, "guaranteed that price now." .... IF you have placed your bet at Betfair SP.
However - If you clicked on the 90/1 price, and backed it in the NORMAL market - then you are ON at 90.
"Projected SP" - is the price currently that the horse MAY be returned at Betfair SP - based on the Money CURRENTLY in that Market
However - The Betfair SP is a SEPARATE Market to the Pre-Race 'Always Open' Market - with SEPARATE Amounts of Money/Bets and Lays HELD in THAT SP Market.
The Betfair SP is NOT Determined until the Race SUSPENDS at the BEGINNING of the race.
It is then CALCULATED - at THAT POINT in time - from the Money contained within THAT Market - and the corresponding Odds Offered and Requested, therein.
However - If you clicked on the 90/1 price, and backed it in the NORMAL market - then you are ON at 90.
"Projected SP" - is the price currently that the horse MAY be returned at Betfair SP - based on the Money CURRENTLY in that Market
However - The Betfair SP is a SEPARATE Market to the Pre-Race 'Always Open' Market - with SEPARATE Amounts of Money/Bets and Lays HELD in THAT SP Market.
The Betfair SP is NOT Determined until the Race SUSPENDS at the BEGINNING of the race.
It is then CALCULATED - at THAT POINT in time - from the Money contained within THAT Market - and the corresponding Odds Offered and Requested, therein.
If you clicked on 90 it's 89/1 and you will have to pay approx 5% commission if it wins, you probably know this but if you've put the bet on for someone else for saturday don't tell them they've got 90/1 bruv.
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