General discussion : Betfair Non Runners

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Derek27
Posts: 3546
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Fri Sep 14, 2018 3:48 pm

Price - (Price * Reduction factor)

weemac
Posts: 336
Joined: Mon Sep 16, 2013 8:16 pm

Fri Sep 14, 2018 3:57 pm

The main problem here is that with an odds on selection, the price already comprises mostly stake. It's the reason why so many odds-on morning backers get smashed down to 1.01 pre-race. It's patently unfair and it's been discussed to death on the betfair forum e.g.

http://community.betfair.com/horse_raci ... or-rip-off

Betfair have no intention of altering their methodology, chiefly because it's very difficult to arrive at an equitable alternative.

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