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  #39  
Old 4th December 2007, 09:20 PM
Chrome Prince Chrome Prince is offline
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Join Date: Jan 1970
Posts: 4,441
Default

Here's a nice example of the bias

R1 Kenilworth Oceans Away

SA TAB $1.20

My price to back
$1.45 matched
$1.48 matched
$1.52 matched
$1.57 matched
$1.61 matched
$1.65 matched
$1.69 matched

Average odds $1.61 on a $1.20 shot

34% better less 5% commission 29% better.
Overall loss at TAB prices 10%
Overall profit at Betfair prices 19%

Minimum traded price $1.38

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