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sparrow
09 Apr 22 17:30
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Date Joined: 20 Jul 02
| Topic/replies: 57,982 | Blogger: sparrow's blog
29.10249033279702                £6,076    £88,905Shocked
30            £183       
32            £49       
34            £331       
36            £252       
38            £55       
40            £125       
42            £2,030       
44            £140       
46            £212       
48            £973       
50            £2,082       
55            £1,721

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Replies: 68
By:
blackbarn
When: 09 Apr 22 17:32
Has this happened beforeCool
By:
SlippyBlue
When: 09 Apr 22 17:33
Quite extraordinary, and such a huge disparity.

Shocked
By:
sparrow
When: 09 Apr 22 17:34
Once or twice but very rare.
By:
SlippyBlue
When: 09 Apr 22 17:39
On the nanny Sparrow it returned £52.47 win and £12.98 the place.
By:
sparrow
When: 09 Apr 22 17:41
But the market is what it is, as they say, slippy.
By:
TOP3MAN
When: 09 Apr 22 17:43
This place is the home of those in the know.

You should look at greyhound markets....many 2nd and 3rd favs are sent of fav on here in the past week. I backed Noble **** Bfsp.....when I saw 50 come up, I was shocked to see such a poor return
By:
mitolo
When: 09 Apr 22 17:59
it was 19 to place and 29 to win.
By:
sparrow
When: 09 Apr 22 17:59
It happens about once in about 100 races on Horse Racing.
By:
sparrow
When: 09 Apr 22 18:02
Ghetto Joe 09 Apr 22 17:58 
Years gone by they'd be loads of peole moaning about that deflated price, these days hardly anyone notices. Just shows how far Betfair has fallen, doubt many of those once a year punters will be flocking to use Betfair again and doubt we'll see this price highlighted in their adverts.





Once in a year punters have no idea about the exchange let alone use it.
By:
geordie1956
When: 09 Apr 22 18:06
Seems an alarming disparity in the price ... stewards enquiry shirley!
By:
Ghetto Joe
When: 09 Apr 22 18:07
Don't they do bookmaker offer in the rags anymore, sparrow? The bookies always used to tempt the mugs punters with free bets during the National meeting, guess the day's of Betfair tempting people to the exchange are long gone.
By:
screaming from beneaththewaves
When: 09 Apr 22 18:11
Didn't this happen in the Grand National the first year of Betfair SP? Most of the field was a vastly shorter price, and Betfair dipped into their pockets to make up the shortfall, owing to the bad publicity.
By:
sparrow
When: 09 Apr 22 18:13
It did happen in the National before screaming, but more recent than that.
By:
1st time poster
When: 09 Apr 22 18:16
one for us spotinlife value backers put up last night at 50,s by matt brocklebank
By:
Celtic warrior
When: 09 Apr 22 18:36
Guys its a 100% book on betfair. Industry sp is very rarely better

Sometimes i think you are all russian plants from the boomakers

I spent a whole hour trying to maximise the bet365 offr earlier. Every price was at least two points worse than betfair.

Bookmakers are crooks. They just take betfair prices and apply a margin. Its a disgrace

ACCA freedom. Build you bet or play my online casino
By:
youresomean
When: 09 Apr 22 18:54
Three runners out of 40 were worse than SP. Guess some wealthy guy put a lump on the winner at BSP.
By:
Ell
When: 09 Apr 22 19:13
Does anyone know the last price matched before in play ?
By:
sixtwosix
When: 09 Apr 22 19:15
Crikey that is a shocking return .....bet we don't see that in any release about great the returns are......
By:
hulk23
When: 09 Apr 22 19:21
look on the on-course boys faces when they realised they'd just laid a 28/1 shot at 50's ....

lol SillySilly
By:
PAULYD08
When: 09 Apr 22 19:38
I had €2.50 each way at 70 for the wife. Couldn't believe the sp price. Is there any way to find out the each way starting price as it looked like it was about 60 or 65 on the graph after the race when I checked.
By:
happyhamma
When: 09 Apr 22 19:52
When Sir Mark Noble **** was trading 65/70 there was £4k asking for 75, 80 and 85 in the boxes. I truly hope the bookies have been battered by Sir Mark Noble ****
By:
onlooker
When: 09 Apr 22 20:09
PAULYD08

There is NO Betfair SP Market "Each-Way Starting Price"/Option  - in the Betfair "Each-Way Market".
By:
blackbarn
When: 09 Apr 22 20:24
My thread did not last long!!   All I asked was why can't I say the name of the Grand National winner Noble **** (Y E A T S) or the name of its sire **** (Y E A T S). I guess I cant post the name of that great Liverpool Centrehalf Ron **** or the great poet William Butler ****. This has to be stupid doesn't, whatever the rationale for it.
By:
CustomCut
When: 09 Apr 22 20:24
There has to be something wrong, was anyone watching the horse's price just before the off? The SP back money is not particularly large given the liquidity of the race.
By:
DIFERENT GRAVY 12
When: 09 Apr 22 21:35
3k bet at bsp took everything down to 29
By:
onlooker
When: 09 Apr 22 21:43
CustomCut 09 Apr 22 20:24 

There has to be something wrong......
------------

Why? ...... - DIFFERENT GRAVY 12 has just given you the Answer.

The "horse's price just before the off" - (in the MAIN MARKET) - is Irrelevant ....

- as the Betfair SP Market - is an entirely DIFFERENT Market.
By:
screaming from beneaththewaves
When: 09 Apr 22 22:00
The Betfair SP market is not an entirely different market. It's a mixture of what is available to back and lay in the SP market combined with what is available to back and lay in the main market at suspension.
By:
screaming from beneaththewaves
When: 09 Apr 22 22:01
The odds are calculated by matching SP backers and Exchange backers against SP layers and Exchange layers. The inclusion of Exchange bets in the SP reconciliation is necessary to ensure that: SP backers get the benefit of unmatched Exchange offers to lay if those offers could increase the SP; and SP layers get the benefit of unmatched Exchange offers to back if those offers could reduce the SP. Including unmatched Exchange offers in the SP reconciliation also ensures that the bets of Exchange backers and layers, which would otherwise lapse, are matched where possible.

https://promo.betfair.com/betfairsp/FAQs_SPrules.html#:~:text=Betfair's%20Starting%20Price%20('SP',once%20it%20has%20been%20placed.
By:
Mr Magoo
When: 09 Apr 22 22:11
> Does anyone know the last price matched before in play ?

At the off, you could back Noble **** for £101 at 60s. As soon as the BFSPs had been accounted for, it was backed down to 5.1 and was (for an instant) the fav !!!!

Lowest prices matched at the off (after BFSP) on Noble ****:

Noble ****    5.1 £ 1281.32      6 £  100.00    6.2 £   60.00    6.4 £   16.60
By:
elise
When: 09 Apr 22 22:20
did anyone else experience a glitch at the beginning of the race where the market suspended but didn't go in play for a good few secs?
By:
Mr Magoo
When: 09 Apr 22 22:37
I think it was suspended for about 10-12 seconds, elise
By:
CustomCut
When: 09 Apr 22 22:37
Every horse had large amounts matched at BFSP. I place all my bets at BFSP and I've never seen anything like this. I'm not even certain the 89k laid at SP was even above average for the race.
By:
Grommitt
When: 09 Apr 22 23:20
Does anyone know what **** XSP was for the winner?
By:
Escapee
When: 10 Apr 22 04:37
A speculative guess...

Zelco & syndicate withdrew from market making betfair horse racing (& other markets) 2-3 years ago in favour of their investment in another exchange.
I wouldn't be surprised if this is a contributing factor to the larger SP/BFSP discrepancies when 'smart' money backs/lays at BFSP.

(I can't remember the name of) the scandi outfit that have also made the market since early 2000's are more accountant based risk averse than Z so not going to offer all the money at near pre off prices and tend to spread it thinly over a wider odds range, hence larger moves as BFSP is 'resolved'
By:
Kelly
When: 10 Apr 22 04:53
Interesting to see if the "authorities" offer any explanation as to how there was such a big discrepancy between what the horse was trading before the off and what was returned as the Betfair SP .

There is always the let out of blaming computer glitch .

Remember the hiatus in the Leopardstown race many years ago . Nothing was ever admitted about that .

Guarantee there will be no crowing about the benefit of betting at Betfair SP .
By:
Mr Magoo
When: 10 Apr 22 06:40
There's no 'computer glitch' here with the SPs. Betfair's systems were working as intended. Someone just placed a huge bet at BFSP on Noble Y eats. At the off, this gets matched against all the outstanding offers, taking lower and lower prices until the order is filled. If there isn't much liquidity on the market, the SP will be very low as a result.

You can see the BF estimates for the SPs if you tick the boxes in the settings. Unfortunately I don't have records of the BFSP bets - I wonder when the bet was placed, was the SP estimate showing very low odds for a long time before the off?
By:
screaming from beneaththewaves
When: 10 Apr 22 09:53
Unlikely, Mr Magoo. If it had been showing a very low BSP estimate, the bots would surely have seized on it to lay it. It must have been a very-last-second bet.

But I admit I'm only guessing here.
By:
screaming from beneaththewaves
When: 10 Apr 22 09:57
One thing I will say - there are plenty of Betfair SPs which favour the backer rather than the layer. There was a 2-horse race at Newcastle a couple of months or so ago where the BSPs were something like 2.04 and 2.08.

I guess the layers therefore deserve the occasional one in their favour, such as Noble Ye@ts.

(Having said that, the thing still went and won, so they did their money anyway; just not as much as they expected.)
By:
1st time poster
When: 10 Apr 22 10:07
eclair gone this morning thats 2 dead with disco despite itv/racing tv banging on about all horse vreturning to stables safe and  sound,as long as you dont die on track everythings ok it seems
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