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jesslays easy
04 Jan 15 02:39
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Date Joined: 19 Aug 08
| Topic/replies: 98 | Blogger: jesslays easy's blog
Hi I have been paper Trading a stategy which requires me to Lay first and backing around the off! As I am paper trading I dont have any previous bets to call up in my history so I cant look back and work out the deductions for non runners on the horses I intended to back. For my research I wondered if anyone could enlighten me on how BF calculate the deduction on my selection when there are 1 or more non runners! This information would be of great use as it would give me an even more accurate assessment of the strategy!

Any help much appreciated!

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By:
jesslays easy
When: 04 Jan 15 04:28
Thanks guys! As I read it the percentage is shown next to a non runner and is deducted as follows! If you lay at 3.00 and there is a non runner with a reduction factor of 25% you would deduct the 25% from 2.00 being the potential profit of the lay. I.E so my lay price would be 2.50. Have I read this correctly and is my calculation correct?
By:
unitedbiscuits
When: 04 Jan 15 08:51
No, the deduction applies also to the stake, so your price would be 2.25.
If there were to be a further NR in the same race, with a  reduction factor of 20%, your lay would then be priced at 1.8
By:
jesslays easy
When: 04 Jan 15 10:46
Ah if that the case Biscuits thats even better! Thanks for you input much appreciated!
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