Betfair exchange : Betfair cash race

News, chat and debate about the Betfair betting exchange.
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spreadbetting
Posts: 2048
Joined: Sun Jan 31, 2010 8:06 pm

Sat Mar 09, 2019 9:36 pm

Seems to be working fine for me, on 98% of the final prize so should have just made it with today's points.

They calculate it by 1 point every 10p paid in commission, pretty sure they round down and don't aggregate either.

Derek27
Posts: 4535
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Sat Mar 09, 2019 11:31 pm

If they calculate 9.5 pence commission for a market they round up to 10p and you get one point. But you could pay 9p commission on each of ten markets, paying 90p commission in total but get no points.

Discriminates against £2 traders who are new to Betfair and learning the ropes, in my opinion.

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Naffman
Posts: 2836
Joined: Sun Aug 11, 2013 5:46 am

Sun Mar 10, 2019 8:31 am

Those people using £2 would only probably get a target of £5 tbf so not exactly missing out on much

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Kafkaesque
Posts: 498
Joined: Fri Oct 06, 2017 10:20 am

Sun Mar 10, 2019 10:47 am

Naffman wrote:
Sun Mar 10, 2019 8:31 am
Those people using £2 would only probably get a target of £5 tbf so not exactly missing out on much
Correct, that it's not so much of an issue with the cash race. It is though in issue with the commission discount rate.

You'd think BF would want those learning the ropes to stick around and having an arbitrary lower limit, below which you get nothing, keeps those learning the ropes from gaining advantages of a discount (and getting the feeling of being appreciated that goes along with it).

rik
Posts: 32
Joined: Sat Jan 25, 2014 5:16 am

Sun Mar 10, 2019 1:21 pm

nothing to do with rounding down, just on the cash race they give mr less than 1/10 of the betfair points i made since start if the cash race, no idea why

spreadbetting
Posts: 2048
Joined: Sun Jan 31, 2010 8:06 pm

Sun Mar 10, 2019 2:27 pm

You'd have to ask Betfair the reason why as no one on here has the full facts.

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