New Posts For Thread: Odds dropping after scratcheshttps://community.betfair.com/u.s._horse_racing/go/thread/view/94202/31668993/odds-dropping-after-scratchesLast night in Forth Earie 2nd race I've had a matched bet on the 4 horse at 1.62 odds. Than two horses were sratched late, the 5 and the 6 horses their reduction factors were 10.5% and 18.3% . My odds should have dropped about 30% to about 1.42. Howethe 18% withdrawal shouldn't have been double digit but odd things can happen with movements in illiquid markets. The betfair system is fair to backers and layers, in theory. 3 horse race all horses 2-1, RF 33.33% leaves you with two even money shotshttps://community.betfair.com/u.s._horse_racing/go/thread/view/94202/31668993/odds-dropping-after-scratches?post_id=559938501#559938501the 18% withdrawal shouldn't have been double digit but odd things can happen with movements in illiquid markets. The betfair system is fair to backers and layers, in theory. 3 horse race all horses 2-1, RF 33.33% leaves you with two even money shotsFri, 02 Oct 2020 10:07:09 -0500Just before the time of the sratches the available odds were something like 1,46 on the 4 horse. Right after the suspension and the scratchs of the 5 and 6 horses, this 1,46 dropped to 1,32 and remained to be available for some time, so I am not conhttps://community.betfair.com/u.s._horse_racing/go/thread/view/94202/31668993/odds-dropping-after-scratches?post_id=559937235#559937235Just before the time of the sratches the available odds were something like 1,46 on the 4 horse. Right after the suspension and the scratchs of the 5 and 6 horses, this 1,46 dropped to 1,32 and remained to be available for some time, so I am not conFri, 02 Oct 2020 07:06:44 -0500https://www.attheraces.com/racecard/Fort-Erie/29-September-2020/1939The sp of the horse is 1/50! You should be happy with your return.https://community.betfair.com/u.s._horse_racing/go/thread/view/94202/31668993/odds-dropping-after-scratches?post_id=559931647#559931647https://www.attheraces.com/racecard/Fort-Erie/29-September-2020/1939The sp of the horse is 1/50! You should be happy with your return.Thu, 01 Oct 2020 06:17:55 -0500or more accurately 1.62 -10.5% = 1.4499 1.4499 -18.3% = 1.1846https://community.betfair.com/u.s._horse_racing/go/thread/view/94202/31668993/odds-dropping-after-scratches?post_id=559927445#559927445or more accurately 1.62 -10.5% = 1.4499 1.4499 -18.3% = 1.1846Wed, 30 Sep 2020 11:51:36 -0500Betfair reduction factors differ from conventional bookmakers rule 4 deductions in that the reduction applies to your total returns (i.e. including your stake)Therefore 1.62 - 10% = 1.458and then 1.458 - 18.3% = 1.19Sad but true.https://community.betfair.com/u.s._horse_racing/go/thread/view/94202/31668993/odds-dropping-after-scratches?post_id=559927435#559927435Betfair reduction factors differ from conventional bookmakers rule 4 deductions in that the reduction applies to your total returns (i.e. including your stake)Therefore 1.62 - 10% = 1.458and then 1.458 - 18.3% = 1.19Sad but true.Wed, 30 Sep 2020 11:47:04 -0500Last night in Forth Earie 2nd race I've had a matched bet on the 4 horse at 1.62 odds. Than two horses were sratched late, the 5 and the 6 horses their reduction factors were 10.5% and 18.3% . My odds should have dropped about 30% to about 1.42. Howehttps://community.betfair.com/u.s._horse_racing/go/thread/view/94202/31668993/odds-dropping-after-scratches?post_id=559926161#559926161Last night in Forth Earie 2nd race I've had a matched bet on the 4 horse at 1.62 odds. Than two horses were sratched late, the 5 and the 6 horses their reduction factors were 10.5% and 18.3% . My odds should have dropped about 30% to about 1.42. HoweWed, 30 Sep 2020 08:45:45 -0500