Betfair--the company where you need a PhD to get a price that isn't 600% worse that freely available w/ the conventional bookmakers!
Aga followers will be taking the bf SP again.Betfair--the company where you need a PhD to get a price that isn't 600% worse that freely available w/ the conventional bookmakers!
Unlike other bookmakers’ Starting Price, the Betfair Starting Price will be determined by balancing bets from customers who want to back and lay, so because it’s other customers placing the bets and because there is no margin for profit built in, you are far more likely to have better odds than the bookies’ SP.
The Betfair Starting Price will be calculated exactly to ensure the fairest and most transparent odds possible for both backers and layers. The Betfair Starting Price does not need to account for a profit margin but instead is calculated at the start of an event by looking at the relationship between the amounts of money requested at SP by opposing customers and by looking at unmatched Exchange bets.
Unlike other bookmakers’ Starting Price, the Betfair Starting Price will be determined by balancing bets from customers who want to back and lay, so because it’s other customers placing the bets and because there is no margin for profit built in,
Is it not French punters lumping thousands on runners at SP in a thin market?
The bf sp is determined within the sub-market for individual runners. It doesn't work if they aren't full-book layers sitting under fair prices across the race.
Is it not French punters lumping thousands on runners at SP in a thin market?The bf sp is determined within the sub-market for individual runners. It doesn't work if they aren't full-book layers sitting under fair prices across the race.
If there are problems with returning 'fair and reasonable' bfsp's then they shouldn't be offered for these races. The technicalities of how these prices are generated are irrelevant.
If there are problems with returning 'fair and reasonable' bfsp's then they shouldn't be offered for these races. The technicalities of how these prices are generated are irrelevant.
It's annoying that no one from Betfair (who will be aware that there is a problem) ever just acknowledge that there was a mistake and that they are investigating.
It's annoying that no one from Betfair (who will be aware that there is a problem) ever just acknowledge that there was a mistake and that they are investigating.
I bet it in the win market at 13, in the pl at 4.5. I also have it in a luck15 with Olympic Glory. I was astounded to see the sp 0f 3.05. I called the BF helpdesk and was told there was a big bet just at the off which wiped out all the "bet" bets hence the crazy SP. Still smells a bit to me tho. 12-1 winner returns at 2s? Come on BF, sort it out. I don't need much of an excuse to take a sabatical from here. This will be it.
I bet it in the win market at 13, in the pl at 4.5. I also have it in a luck15 with Olympic Glory. I was astounded to see the sp 0f 3.05. I called the BF helpdesk and was told there was a big bet just at the off which wiped out all the "bet" bets hen
BF have explained the low Ridyasina SP was cause by a lack of SP layers. (I am not quite sure I understand how this works). I have not yet seen the full result, so do not know what the race overorund was.
BF have explained the low Ridyasina SP was cause by a lack of SP layers. (I am not quite sure I understand how this works). I have not yet seen the full result, so do not know what the race overorund was.
Well that is shocking to be honest. How can they justify the integrity of BFSP's? Lucky it wasn't a particularly big race in the scheme of things, otherwise there would have been more uproar. Odds on no further action now! Annoyed.
Well that is shocking to be honest. How can they justify the integrity of BFSP's? Lucky it wasn't a particularly big race in the scheme of things, otherwise there would have been more uproar. Odds on no further action now! Annoyed.