Hi,
Assuming the following occurred:
- A market has any 4 selections with lay odds between 4 and 6
- lay book% > 99
- lay all selections by book%
At some point isn't the market p&l going to be > 0 ?
Cheers,
Odds movements
- BetScalper
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- Joined: Sun Jul 02, 2017 10:47 pm
What I meant was assuming one of the 4 looked like winning, would the odds movement of the other 3 make up for the other 1 creating a market p&l > 0 at some point in the race before the end or it doesn't work like that ?
Cheers,
I don't trade in-play but the overrounds are usually on the right side of 100%. So if one of them looked like winning it would be odds on and the others would drift so there wouldn't be any easy profit.
Unless you laid the other three before one looked like winning, in which case you may just as well back the one you think will look like winning (and go on to win). Or have I misunderstood you again?
Unless you laid the other three before one looked like winning, in which case you may just as well back the one you think will look like winning (and go on to win). Or have I misunderstood you again?
- BetScalper
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- Joined: Sun Jul 02, 2017 10:47 pm
If you have STREAMING on then on a fair few in-play horse races the Back Book% goes below 97%.Derek27 wrote: ↑Mon May 21, 2018 6:27 pmI don't trade in-play but the overrounds are usually on the right side of 100%. So if one of them looked like winning it would be odds on and the others would drift so there wouldn't be any easy profit.
Unless you laid the other three before one looked like winning, in which case you may just as well back the one you think will look like winning (and go on to win). Or have I misunderstood you again?
Unrelated but it happened on the lay side during the end of the Eurovision song contest when the Lay Book% was above 104% for several minutes.
Basically free money.
PS. Never seen it happen with STREAMING turned off.
It only happens when XM is off, but it's not free money especially if a runner is then removed (normally a cause of it being turned off) as you will get burnt.BetScalper wrote: ↑Mon May 21, 2018 7:43 pmIf you have STREAMING on then on a fair few in-play horse races the Back Book% goes below 97%.Derek27 wrote: ↑Mon May 21, 2018 6:27 pmI don't trade in-play but the overrounds are usually on the right side of 100%. So if one of them looked like winning it would be odds on and the others would drift so there wouldn't be any easy profit.
Unless you laid the other three before one looked like winning, in which case you may just as well back the one you think will look like winning (and go on to win). Or have I misunderstood you again?
Unrelated but it happened on the lay side during the end of the Eurovision song contest when the Lay Book% was above 104% for several minutes.
Basically free money.
PS. Never seen it happen with STREAMING turned off.
- BetScalper
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- Joined: Sun Jul 02, 2017 10:47 pm
It happens when all the horses have already gone. Not before. One race today it hit 75% in-running.LinusP wrote: ↑Mon May 21, 2018 8:27 pmIt only happens when XM is off, but it's not free money especially if a runner is then removed (normally a cause of it being turned off) as you will get burnt.BetScalper wrote: ↑Mon May 21, 2018 7:43 pmIf you have STREAMING on then on a fair few in-play horse races the Back Book% goes below 97%.Derek27 wrote: ↑Mon May 21, 2018 6:27 pmI don't trade in-play but the overrounds are usually on the right side of 100%. So if one of them looked like winning it would be odds on and the others would drift so there wouldn't be any easy profit.
Unless you laid the other three before one looked like winning, in which case you may just as well back the one you think will look like winning (and go on to win). Or have I misunderstood you again?
Unrelated but it happened on the lay side during the end of the Eurovision song contest when the Lay Book% was above 104% for several minutes.
Basically free money.
PS. Never seen it happen with STREAMING turned off.
- ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
How much did you manage to get matched?
Yep and the runner will be removed after the race has finished.BetScalper wrote: ↑Mon May 21, 2018 8:35 pmIt happens when all the horses have already gone. Not before. One race today it hit 75% in-running.LinusP wrote: ↑Mon May 21, 2018 8:27 pmIt only happens when XM is off, but it's not free money especially if a runner is then removed (normally a cause of it being turned off) as you will get burnt.BetScalper wrote: ↑Mon May 21, 2018 7:43 pm
If you have STREAMING on then on a fair few in-play horse races the Back Book% goes below 97%.
Unrelated but it happened on the lay side during the end of the Eurovision song contest when the Lay Book% was above 104% for several minutes.
Basically free money.
PS. Never seen it happen with STREAMING turned off.
- BetScalper
- Posts: 1139
- Joined: Sun Jul 02, 2017 10:47 pm
How can they remove a runner after a race, they all started ???????LinusP wrote: ↑Mon May 21, 2018 8:41 pmYep and the runner will be removed after the race has finished.BetScalper wrote: ↑Mon May 21, 2018 8:35 pmIt happens when all the horses have already gone. Not before. One race today it hit 75% in-running.
- BetScalper
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- Joined: Sun Jul 02, 2017 10:47 pm
Pennies. £7
If they all run then it’s fine but XM is only off inplay if Betfair think a runner will be removed and they are unable to remove it from the market before the start.BetScalper wrote: ↑Mon May 21, 2018 8:44 pmHow can they remove a runner after a race, they all started ???????LinusP wrote: ↑Mon May 21, 2018 8:41 pmYep and the runner will be removed after the race has finished.BetScalper wrote: ↑Mon May 21, 2018 8:35 pm
It happens when all the horses have already gone. Not before. One race today it hit 75% in-running.
- ShaunWhite
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- Joined: Sat Sep 03, 2016 3:42 am
I'm amazed anyone can dutch inplay into an underround market and get a balanced outcome. Blink and it's gone. That's what you're describing isn't it? Or maybe I've missed the idea.
Incidentally might you have got a similar amount matched regardless of the overround just due to normal fluctuations?
Incidentally might you have got a similar amount matched regardless of the overround just due to normal fluctuations?
- BetScalper
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- Joined: Sun Jul 02, 2017 10:47 pm
Understood. Any idea why they obviously turned it off for the Eurovision song contest as the Lay Book% was 104 for a long time and I managed to get £100 matched ?LinusP wrote: ↑Mon May 21, 2018 9:04 pmIf they all run then it’s fine but XM is only off inplay if Betfair think a runner will be removed and they are unable to remove it from the market before the start.BetScalper wrote: ↑Mon May 21, 2018 8:44 pmHow can they remove a runner after a race, they all started ???????
- BetScalper
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- Joined: Sun Jul 02, 2017 10:47 pm
I setup a trigger to fire if the following occurs > 10 seconds after the off.ShaunWhite wrote: ↑Mon May 21, 2018 9:05 pmI'm amazed anyone can dutch inplay into an underround market and get a balanced outcome. Blink and it's gone. That's what you're describing isn't it? Or maybe I've missed the idea.
Incidentally might you have got a similar amount matched regardless of the overround just due to normal fluctuations?
- Back all selections in the market if the Back Book% < 90 AND the Lay Book% < 90
Doesn't happen every race, unfortunately.