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minardi
07 Mar 21 16:15
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Date Joined: 16 Jan 02
| Topic/replies: 3,006 | Blogger: minardi's blog
Was taking bets right up until the off Cave top was a non runner declared at 10:00am. Market now voided. Very annoying.

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Replies: 9
By:
swiftynifty
When: 07 Mar 21 16:20
that's pathetic. why offer markets that they don't even monitor. stupid rule all round, why not a reduction factor, if that's the rule and you think it may mess your forecast strategy, don't place the bet, voiding's no good for anyone, not least Betfair and their commission.
By:
longbridge
When: 08 Mar 21 12:44
@swifty - how would you calculate the RFs for an RFC market?  I agree it would be better than voiding but the maths do not look simple.
By:
swiftynifty
When: 08 Mar 21 16:57
every forecast has a price , a percentage of the market, and there's the reduction factor. I agree it's more complicated with f/cs, including running strategies based on all running, but I still think it would be a better rule, if you don't like the potential RFs or the bet you're left with without a certain runner(s), then don't play.

have they dropped f/cs from most races now?
By:
sparrow
When: 08 Mar 21 17:02
They shouldn't be offering markets they can't manage properly.
By:
swiftynifty
When: 08 Mar 21 17:03
sparrow was it you who highlighted the f/c markets they left open an hour the races had finished a few weeks back?
By:
sparrow
When: 08 Mar 21 17:06
Not forecast markets swifty although I have complained about greyhound markets voided after betfair failed to withdraw non runners.
By:
swiftynifty
When: 08 Mar 21 17:08
sparrow, someone posted they were open so I stuck a couple of quid on the winning f/c and it got settled, ridiculous, even the layers are bots who haven't a clue of what's going on.
By:
sparrow
When: 08 Mar 21 17:22
swifty.....They just don't seem to have the staff able to deal with the amount of markets being offered. These days I suppose they are more interested in their bookmaking activities on Sportsbook and Paddy Power.
By:
longbridge
When: 08 Mar 21 19:04
@swifty

"every forecast has a price , a percentage of the market, and there's the reduction factor"

I guess, if
- the market is well-formed so there's an accurate price/percentage per removed runner
- no-one gets advance notice and manipulates the prices to the advantage of their own position (which AIUI is why BF use RFs and not the price of the runner at time of withdrawal directly)


"have they dropped f/cs from most races now?"

Same deal as always as far as I can tell - up to 6 there's a FC market, 7-10 there's an RFC, big fields nothing.
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