Forums

We want to share an important update with our Betfair Community users.

Over the coming months, the Betfair Community platform will be winding down. The final active day for the platform will be December 21st. From December 22nd, users will no longer be able to access the platform.

Your discussions, insights, engagement, and, most importantly, feedback have helped shape the platform and guided innovation. Your feedback continues to be important to us, and we will continue to listen via our dedicated feedback channels, as well as through product testing and innovations.

To share your feedback and experience, visit: https://support.betfair.com/app/home

Welcome to Live View – Take the tour to learn more
Start Tour
There is currently 1 person viewing this thread.
The Lizard King
20 Jul 20 17:23
Joined:
Date Joined: 08 Nov 02
| Topic/replies: 158 | Blogger: The Lizard King's blog
Hi, Can anybody explain this one please....

I've been experimenting with a bot, placing *don't laugh* 0.10p stakes on outsiders - both win and place.
(The tiny stakes are because this is me experimenting)

I was on Skyace today.

Here's the win bet (check the odds)....

I've just looked at my P&L so far today, and this is what it looks like.....

Selection
    Odds    Stake (£)    Bid type    Placed    Profit/Loss (£)
Skyace
    19.50    0.10    Back   
20-Jul-20 11:08
    1.26
*Average odds: On Off                    
Back subtotal:     1.26
Lay subtotal:     0.00
Market subtotal:     1.26
Commission @ 2.38%:     0.03
Net Market Total:     1.23

I backed this at 19.50!


The place bet.....

Selection
    Odds    Stake (£)    Bid type    Placed    Profit/Loss (£)
Skyace
    7.40    0.10    Back   
20-Jul-20 11:08
    0.39
*Average odds: On Off                    
Back subtotal:     0.39
Lay subtotal:     0.00
Market subtotal:     0.39
Commission @ 2.56%:     0.01
Net Market Total:     0.38

I backed this at 7.40!

Am I being thick, or is there something not quite right here??
Show More
Loading...
Report stewarts rise • July 20, 2020 5:35 PM BST
Was Barrington Court already a NR when you placed your bet, or W/D afterwards?
Report The Lizard King • July 20, 2020 5:41 PM BST
I've just looked into my 'Settled' bets and there's a massive RF, which I believe stands for 'Reduction Factor?' Oh well..... Thanks by the way.
Report stewarts rise • July 20, 2020 5:42 PM BST
That would be the reason then, at least you know|
Report The Lizard King • July 20, 2020 5:44 PM BST
Yep, I feel a right dope now lol.
Report stewarts rise • July 20, 2020 5:53 PM BST
Don't worry, nobody noticed!Grin
Report The Lizard King • July 20, 2020 5:59 PM BST
SSSSSssssshhhh! Laugh
Post Your Reply
<CTRL+Enter> to submit
Please login to post a reply.

Wonder

Instance ID: 13539
www.betfair.com