Has wnybody else not had the reduction factor applied to lay bets in running for this race? I backed the winner pre race, then laid in running and now have a net loss, the trading team are going to contact me via email, just wondered if anyone else had same issue?
So they've applied the reduction to pre race bets, but haven't done so for in running? is that what's happenened. I just need to detail my bets to try to understand it before I contact them. Did you use live chat?
So they've applied the reduction to pre race bets, but haven't done so for in running? is that what's happenened. I just need to detail my bets to try to understand it before I contact them. Did you use live chat?
yes, that's what has occurred. If you go to your account, then settled exchange bets, you can see the ones pre race have RF underneath the bet id, but not the in running ones.
yes, that's what has occurred. If you go to your account, then settled exchange bets, you can see the ones pre race have RF underneath the bet id, but not the in running ones.
If you backed it pre race you've had the reduction to your back bet, but the lay was taken in running, which weren't reduced. I think. Both should have had the reduction.
If you backed it pre race you've had the reduction to your back bet, but the lay was taken in running, which weren't reduced. I think. Both should have had the reduction.
Just found this in the rules: Reduction factors are not applied to bets which are struck in-play. In the event of a late withdrawal, Betfair reserves the right to remove the runner after completion of the race. In this case only those bets matched prior to the off will be affected by a reduction factor. This I didn't know, until now.
Just found this in the rules: Reduction factors are not applied to bets which are struck in-play. In the event of a late withdrawal, Betfair reserves the right to remove the runner after completion of the race. In this case only those bets ma
I suspected that might be the case. The real issue is the size of the reduction factor. I can see the logic but it is way more than rule 4. If you back a winner in a race with a late withdrawal, you are worse off than SP 99% of the time.
I suspected that might be the case. The real issue is the size of the reduction factor. I can see the logic but it is way more than rule 4. If you back a winner in a race with a late withdrawal, you are worse off than SP 99% of the time.
Absolutely, it seems excessive. Not only worse off but from profit into loss. Anyway I'll be aware in future. I tend to lay too much back in running anyway, need to keep more of the pre race bet.
Absolutely, it seems excessive. Not only worse off but from profit into loss. Anyway I'll be aware in future. I tend to lay too much back in running anyway, need to keep more of the pre race bet.