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stridingedge
10 Jan 20 20:18
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Date Joined: 14 Sep 10
| Topic/replies: 61,267 | Blogger: stridingedge's blog
Q and A’s regarding the competition format and rules.

How many selections must be made?

Over the month entrants must make 1 selection on at least 25 days.Anyone can join in at any time as long as this criteria can be met, so for the January comp, the 7th would be the latest possible time to join in.

The calculation for no shows which cannot be exceeded is Days Of The Month - 25
So for January 31-25 = 6 possible days when an entrant can refrain from offering a selection

Void runners will not be viewed in the same way.Whilst substitutes can be offered at any point following all the usual rules, a failure to replace a void runner will not be used as a strike in the same way as a No Show.So in theory for a month, an entrant may still be accepted for posting less than 25 selections so long as the no show limit is not exceeded.

What criteria do selections need to satisfy?

Selections must be of odds no greater than 6.0 in any UK or IRE race under rules win or place markets on Betfair.

Are win and place markets settled in the same way?

Win markets allow for a choice between an early price to be taken or BFSP, whereas place markets will ALWAYS be settled at BFSP.The reason for the difference being the sluggish liquidity difference between those markets and thus the credibility of early prices.

When must selections be posted? (please read this carefully)

A selections thread for the following days racing will usually be posted between 4-5pm, in the event I am not around at this time the selections thread may be put up sooner.

The competition will have 2 phases for the selections process.
Phase 1 will be from the time the selections thread is posted until 8am the following day (race day).

In this phase there is an opportunity primarily for those that are not around on race day to still be able to take part.Selections given during this time will be settled at BFSP unless a bet meeting the competition liability (current bank / 20) is posted on the selections thread to show it was feasible. The reason for this request at this stage is the volatility and slackness of the market and subsequent ?? over the credibility of an early price taken.

Eg the starting liability in the comp is £50 so a qualifying bet at the stated price must be posted for a minimum of that liability to be settled as such.

Selections posted with prices that aren’t verified in the above fashion will still be allowed but settled at BFSP so long as they still satisfy the price limit of max odds 6.0.

Entrants are more than welcome to offer a couple of substitutes if they know they will not be around to change any selections deemed void.Substitutes that qualify will then be used in the event of a void first choice.

Phase 2 will be from 8am until t-2mins of race time (so 12:00 race would need entry no later than 11:57am) on the given race day.

In this phase of the market, Entrants can take an early price (no posted bet required) as last price matched when posting or leave their selection to be settled at BFSP.Note again that place market selections will always be settled at BFSP at whatever phase of the markets.

How are selections staked and returns calculated?

Selections are staked to a fixed 5% liability of an entrant’s current bank with a 2% commission rate which recently has become widely available on Betfair.

Where a price has been taken this will be used in settlement even if the BFSP returns greater than the permitted 6.0 max limit.
If deductions occur in the market after this price was taken, the taken price will be adjusted accordingly and so will the relevant staking for that selection to stay at the 5% liability of current bank.

Where a price has not been taken settlement will as in phase 1 of the market be at BFSP.

Where can the current standings be seen and who wins the comp?

The days results will be posted on the days selections thread on this forum, the overall standings will be over on the Your Comps forum.The winner will be the entrant with the biggest bank at the end of the month.

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Replies: 56
By:
madhatter
When: 10 Jan 20 20:24
Top Notch 2.05 Kempton please se
By:
invicta
When: 10 Jan 20 20:55
Lord Lamington  12.20 Kempton

thanks stridingedge.
By:
bustino
When: 10 Jan 20 22:02
TWO FOR GOLD -1.50 Warick bfsp

Cheers striding a difficult few days for you with meetings cancelled etc. thanks for perserving your climbing the leaderboard but mountain of work not helping........gd luck with ur plays lads
By:
uptheboro
When: 10 Jan 20 23:21
Agent Of Fortune - 12.15 Lingfield

Cheers Striding
By:
Cheify
When: 11 Jan 20 06:00
13.05 Wetherby With Discretion 5 £192 traded.
By:
MinnieLAI
When: 11 Jan 20 08:04
14.05 Kempton | Top Notch | 2.16 Matched
By:
sonofshinner
When: 11 Jan 20 08:19
warw.12.40 Motashakel @5.7..thanks stride..
By:
happysandwich
When: 11 Jan 20 10:20
Warwick 1.50 Two For Gold

Thanks Stride.
By:
TheNorfolkMafia
When: 11 Jan 20 10:43
Visionara - 4.45 Chelmsford City (Last price matched:4.3)
By:
adamanty
When: 11 Jan 20 10:45
2.00..Lingfield..Stay Classy..6.0
By:
GLASGOWCALLING
When: 11 Jan 20 11:12
Master Work. - 1-15 Warwick. @ 5.5.
By:
mymumsfinethankyou
When: 11 Jan 20 11:16
Annie Mc  1.05 wetherby @ 2.26
By:
posy
When: 11 Jan 20 11:20
asdaa 16.45chel
By:
Jenkos'
When: 11 Jan 20 11:23
Shan Blue - 2:25 Warwick @ 4.4
Many thanks Striding
By:
tanglefoot
When: 11 Jan 20 11:29
Lord Lammington 12.20 Kempton @ 2.74
By:
exactaman
When: 11 Jan 20 11:29
12.25 Fairyhouse | Wolf Prince | 1.93 (LPM)
By:
flatcap
When: 11 Jan 20 11:36
1.40 Wet. Prince Llywelyn LPM 2.6

Thanks striding
By:
11kv
When: 11 Jan 20 11:48
12.55 Kempton Saint Xavier 1.56

Thanks
By:
stewarts rise
When: 11 Jan 20 11:58
Sasoon 12.50 Ling @ 3.3

Thanks SE.
By:
stridingedge
When: 11 Jan 20 11:59
Cheify you can't take a price before 8am unless you post a bet to your competition liability however much has been matched at the price.

Your selection will be settled at BFSP.
By:
OilyWragg
When: 11 Jan 20 12:00
2.05 Top Noth thank you.
By:
dukeofpuke
When: 11 Jan 20 12:07
12.15 Lingfield Cwynar 5.4
By:
Movewiththetimes
When: 11 Jan 20 12:10
Coconut Splash 1.56 Weth 12-30 Thanks SE
By:
flushgordon1
When: 11 Jan 20 12:14
Rough Night Warwick 1.15
By:
angeleyz
When: 11 Jan 20 12:21
dhowin - 1.40 wetherby

ty striding
By:
rob22
When: 11 Jan 20 12:30
At The Acorn 3.20 Fair 5.2
Thanks
By:
east end boy
When: 11 Jan 20 12:43
3.45 Kemp Ecu De La Nonerie
By:
east end boy
When: 11 Jan 20 12:48
That Should be 4.5
By:
Deplasterer
When: 11 Jan 20 12:50
1.05 Weth Annie Mc 2.22.

Ta SE
By:
china castle
When: 11 Jan 20 12:52
Lady Dancealot - 1.25 Lingfield  Place

Thanks
By:
madhatters
When: 11 Jan 20 12:52
Shan Blue 2.25 War

Nearly tempted with the ST
By:
FOYLESWAR
When: 11 Jan 20 12:54
13.30 wetherby dhowin .3.4  thanks se
By:
FOYLESWAR
When: 11 Jan 20 12:54
13.40wetherby^^^
By:
SontaranStratagem
When: 11 Jan 20 12:55
Frodon Kempton 2:05 2.7

Thanks SE
By:
smirnoff2therescue
When: 11 Jan 20 12:56
killer for me yesterday CryCryCry

Prince Llywelyn - 1.40 Wetherby 3.05
By:
Aquarius
When: 11 Jan 20 13:04
With Discretion - 1.05 Wetherby (4.4)
By:
pumphol.
When: 11 Jan 20 13:13
Rangali Island - 5.45 Chel place lay

Thanks
By:
Airman
When: 11 Jan 20 13:20
Wetherby 13:40 Prince Llywelyn

Thanks SE
By:
Movewiththetimes
When: 11 Jan 20 13:27
All mine drift but still hack up Cry
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