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EastLower Gooner
07 Oct 12 14:46
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Date Joined: 09 Mar 04
| Topic/replies: 19,587 | Blogger: EastLower Gooner's blog
eh :o
Pause Switch to Standard View Ridyasina SP 3.15?
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Report YOTC October 7, 2012 2:47 PM BST
oh :o
Report tillymay October 7, 2012 2:47 PM BST
comply or die eat your heart out
Report tomo1984 October 7, 2012 2:48 PM BST
All the betfair sp's are bizzre on this race.  Not reflective of what the horse was trading at seconds before the off! Scandal.
Report tomo1984 October 7, 2012 2:48 PM BST
12-1 Industry/PMU.  Sort it out BF.
Report EastLower Gooner October 7, 2012 2:49 PM BST
4.01 place sp.

12.9win on pmu.
Report EastLower Gooner October 7, 2012 2:49 PM BST
the graph looks hilarious. massive dip at the off.
Report askari1 October 7, 2012 2:49 PM BST
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!
Report nicko18. October 7, 2012 2:49 PM BST
SP to place was $4.01
Report elise October 7, 2012 2:51 PM BST
saw some really odd betting at the off, two or three particularly wild including the winner
Report book October 7, 2012 2:52 PM BST
what do u expect of a company who take up to 60% of peoples winnings just for winning.
Report ilikewavingatbuses October 7, 2012 2:52 PM BST
what was it in euros?
Report will23 October 7, 2012 2:53 PM BST
is this a software error?
Report MartinK October 7, 2012 2:53 PM BST
Rjwa - was at 30+ odd a little before the off - 6.81 bfsp!!!
Report tomo1984 October 7, 2012 2:55 PM BST
Also Ambivalent- 12.3 BFSP!!
Report sweetchildofmine October 7, 2012 2:55 PM BST
well thats the end of betfair sp betting then
Report Brother Mouzone October 7, 2012 2:55 PM BST
THEY NEW
Report tomo1984 October 7, 2012 2:55 PM BST
This market has now been settled.  Further action required I suggest.
Report Diamond_Joe_Quimby October 7, 2012 2:56 PM BST
Laugh  eat your cake mugs
Report tomo1984 October 7, 2012 2:59 PM BST
There has clearly been some sort of technical issue.  Hopefully someone will flag this up?
Report Diamond_Joe_Quimby October 7, 2012 2:59 PM BST
Technical issue LaughLaughLaughLaughLaugh
Report will23 October 7, 2012 3:01 PM BST
I will write to BF to ask how this SP was calculated, I will post the reply on this thread
Report Brother Mouzone October 7, 2012 3:02 PM BST
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.
Report tomo1984 October 7, 2012 3:03 PM BST
There was clearly a 'Comply Or Die' issue here.
Report askari1 October 7, 2012 3:03 PM BST
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.
Report askari1 October 7, 2012 3:05 PM BST
Well said Brother Mouzone. For lesser-fancied runners in France, you need to get out b/f the off.
Report GEORGE.B October 7, 2012 3:07 PM BST
Where do you find the BFSP returns for Longchamp, please?
Report tomo1984 October 7, 2012 3:10 PM BST
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.
Report book October 7, 2012 3:13 PM BST
none of the other horses were way out of line with industry prices,so the bf sp must be wrong
Report tomo1984 October 7, 2012 3:15 PM BST
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.
Report Brother Mouzone October 7, 2012 3:16 PM BST
I've been clicking the graph at Longchamp before the market has settled George, Longchamp isn't on the Timeform results.
Report GEORGE.B October 7, 2012 3:19 PM BST
Shambles!

Don't suppose you noticed what price Indian Jade was for a place, Brother? Mischief
Report tomo1984 October 7, 2012 3:19 PM BST
Pretty sure that the overround on the BFSP's was a total scandal considering that they had a pair of 2/1 shots in there.
Report Brother Mouzone October 7, 2012 3:20 PM BST
It's a ridic price but I doubt they'll do anything Tomo, if you contact them they'll quote what I posted earlier.
Report Brother Mouzone October 7, 2012 3:22 PM BST
I didn't George
Report tomo1984 October 7, 2012 3:23 PM BST
There was clearly an issue though.
Report willie the milk October 7, 2012 4:22 PM BST
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.
Report will23 October 7, 2012 4:34 PM BST
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.
Report tomo1984 October 7, 2012 4:40 PM BST
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.
Report tomo1984 October 7, 2012 4:43 PM BST
Also, there excuse is poor as there were a number of horses in the race whose bfsp's were quite frankly ridiculous.
Report Feck N. Eejit October 7, 2012 4:59 PM BST
Betfair--the company where you need a PhD to get a price that isn't 600% worse that freely available w/ the conventional bookmakers!

LaughLaughLaugh
Report Feck N. Eejit October 7, 2012 5:00 PM BST
What happened to the PERVS (pouncing equilibrium restoring value seekers)?
Report will23 October 7, 2012 5:47 PM BST
BF have said that the full result with SP and calculated overound is not available, because Timeform do not provide results for French racing.
Report chutsy October 7, 2012 5:56 PM BST
They must know this was a possibility. They have countless mathematicians after all! Customer care at it's worst from Betunfair!
Report sparrow October 7, 2012 6:16 PM BST
The Arc winner only paid 5.5 for a place,betfair SP.
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