Betfair chart / Betfair graph of the day

[Korattt]

Was that Devonport?

sure was

[Dallas]

Interesting early chart from the 1st race

[Dallas]

Helped along nicely by a keen layer

Capture.JPG

[Euler]

This was a funny one from earlier, almost certainly due to cross-matching.

Packettotherafters_12996710_14_33_49.png

[dragontrades]

This was a funny one from earlier, almost certainly due to cross-matching.

Packettotherafters_12996710_14_33_49.png

Looking at graphs like that make me want to get better at automation

[weemac]

From 7/1 out to 75/1.....then withdrawn. Reduction factor of 8.3% applied by betfair.

[Naffman]

Think they do the R4 by the amount of money matched and not the price of the runner

[weemac]

It's stated within their rules that their precise methodology is a secret.

[Euler]

Def chart of the week

[Derek27]

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]

Line of Beauty..

.. and it was exactly that

[Trader Pat]

The only bad thing about this chart is that I missed it at 5.80!

[Euler]

Tara Mac_8251301_15_47_41.png

[Simonlofc]

That was a cracker

[Trader Pat]

Nice start to the day