Winner’s price not reaching 1.01?

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Johnedale
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Joined: Sat Jul 21, 2018 10:28 pm

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?
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Dallas
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It can also happen in photo or close finishes
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ANGELS15
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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.
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ShaunWhite
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ANGELS15 wrote:
Wed Aug 08, 2018 9:56 am
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.
No, as Dallas said it's just close finishes.
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.
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ANGELS15
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Yes makes more sense now.
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