4th December 2007, 03:53 AM
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Member
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Join Date: Jan 1970
Posts: 4,441
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Yes, there was much talk of her "staking plan", it was simply a liability calculation.
Forgetting about trading, or making books, Betfair is a backers market.
At close to 100% books and deducting 5% commission, backers are 10%-15% better off. Layers are 10% - 15% worse off.
It takes a good deal of ingenuity to beat these percentages.
However, the number of times I'm able to get matched at TAB prices for racing here astounds me, the UK market is far less generous.
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