Betfair chart / Betfair graph of the day

The sport of kings.
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weemac
Posts: 1216
Joined: Mon Sep 16, 2013 8:16 pm

From 7/1 out to 75/1.....then withdrawn. Reduction factor of 8.3% applied by betfair. :shock:
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Naffman
Posts: 5626
Joined: Sun Aug 11, 2013 5:46 am

Think they do the R4 by the amount of money matched and not the price of the runner
weemac
Posts: 1216
Joined: Mon Sep 16, 2013 8:16 pm

It's stated within their rules that their precise methodology is a secret.
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Euler
Posts: 24701
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ

Def chart of the week
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Derek27
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Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Naffman wrote:
Sat Nov 11, 2017 4:10 pm
Think they do the R4 by the amount of money matched and not the price of the runner
From my email correspondence with Betfair, they base reduction factors on what their estimate of a horses true chances of winning is, and then adjust them to correlate with the market prices. But obviously, they have to take into account and disregard market manipulation.
Korattt
Posts: 2405
Joined: Mon Dec 21, 2015 6:46 pm

Line of Beauty..

.. and it was exactly that
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Trader Pat
Posts: 4327
Joined: Tue Oct 25, 2016 12:50 pm

The only bad thing about this chart is that I missed it at 5.80!
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Euler
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Location: Bet Angel HQ

Tara Mac_8251301_15_47_41.png
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Simonlofc
Posts: 139
Joined: Tue Sep 30, 2014 11:07 am

That was a cracker
Trader Pat
Posts: 4327
Joined: Tue Oct 25, 2016 12:50 pm

Nice start to the day
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Trader Pat
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Fairyhouse the place to be so far today
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Dallas
Posts: 22674
Joined: Sun Aug 09, 2015 10:57 pm
Location: Working From Home

Very easy trade at Bangor
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Euler
Posts: 24701
Joined: Wed Nov 10, 2010 1:39 pm
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It was epic
Trader Pat
Posts: 4327
Joined: Tue Oct 25, 2016 12:50 pm

Got a nice profit from it but completely forgot to hit record!
PeterLe
Posts: 3715
Joined: Wed Apr 15, 2009 3:19 pm

Greened up, but not sure if this won yet..
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