Winner’s price not reaching 1.01?
I’ve been looking at some of Betfair’s CSV files for the UK win markets, and there seem to be quite a few races where the IPMIN field for the winner is showing a higher value than 1.01. Anyone know if this likely to be due to errors in the data, or is it possible for there to be so much money piled up at 1.02, 1.03 etc that the price never reaches 1.01 even if the horse wins?
I once 'layed the field' at odds of 1.5 there were 2 horses in a photo the favourite and a big outsider. The outsider won in the photo but only the favourite traded odds on. I've seen this sort of thing on occasions and used to wonder if Betfair were suspending the markets too early.
- ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
No, as Dallas said it's just close finishes.ANGELS15 wrote: ↑Wed Aug 08, 2018 9:56 amI once 'layed the field' at odds of 1.5 there were 2 horses in a photo the favourite and a big outsider. The outsider won in the photo but only the favourite traded odds on. I've seen this sort of thing on occasions and used to wonder if Betfair were suspending the markets too early.
If you have 2 horses literally neck and neck to the line, would you back either one at 1.01? If not, then neither would anyone else.