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-   -   Betfair Average Dividends (http://forums.ozmium.com.au/showthread.php?t=21883)

beton 21st June 2011 10:42 AM

Betfair Average Dividends
 
Hi All
Has anybody got the average divvies for all (or some if thats all you have) of the top ten runners Betfair? My data is based on the tote and because I have to lay to betfair and there is a difference, it is screwing with my head.
Thanks in advance Beton

Shaun 21st June 2011 10:48 AM

Here is a results page for betfair.

http://racingform.betfair.com.au/

Here is a data page

http://data.betfair.com.au/

beton 21st June 2011 11:19 AM

Thanks Shaun
Apart from entering stuff into premade templates I am excel illiterate. I am coming to the realisation that this must change. I was hoping that someone already had the averages at hand. Regards Beton

Shaun 21st June 2011 11:21 AM

Maybe they do, but that's the best i can offer.

Bhagwan 21st June 2011 05:01 PM

If Backing, one allows for approx 20% difference between TAB & Betfair Backing prices .

If Laying, use approx 25% difference between TAB & Betfair prices.

These a General figures only.

beton 21st June 2011 05:17 PM

Thanks Bhagwan.
I was working on 20% for laying and it appeared a little light, that's why I raised the query. I have to tighten up what I am doing and knowing what the averages were makes it easier. Beton

The Ocho 21st June 2011 09:36 PM

Hi Bhagwan,

Do you know what difference, on average, there is between backing and laying on Betfair? If I was trying something out say with lay bets but wanted to see what odds the back bets would be how much percentage difference would there be?

I'm guessing the favs will most likely be only 1 step difference but what about the $10, $20, $30, $40 layed odds horses? What would their back price most likely be?

Shaun 21st June 2011 10:26 PM

There is no way to guess the prices once you go past the 1st 2nd fav, i have seen runners on the TAB paying 8 and 12 on betfair for the back side add another 3 for the lay side.

Bhagwan 22nd June 2011 04:31 AM

In a market of approx 103%

For a 11.00 Back shot, its Lay price will usually be approx 11.50-12.00

That's a 5-10% difference.

The Ocho 22nd June 2011 07:20 AM

Thanks guys


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