When 2 horses dead heat how do betfair calculate it?
at odds of 2.24 is 2.24/2=1.12*stake? i coped and pasted the data below from my statement and that appears to be how its done. and as there always has to be a but here goes....buuuut......
2.24 = £1.24 profit per £ staked so half odds should equate to 62p per £ staked. the way betfair calulate it its 1.12 * stake so its only 12p per £ staked. what a rip.... dead heat mean bookies clean up even more than usual. so glad only 64p was matched.
oh well thats my moan over with...
2013-02-04 19:09 2013-02 18:59 USA SamH (US) 4th Feb / 19:00 R1 5f Mdn Claim / 2. Cardiff Flyer Back 2.24 0.63 Won 0.08