26th July 2008, 11:44 PM
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Member
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Join Date: Jan 1970
Posts: 26
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JFC wrote
Quote:
f you use Betfair SP without a limit then you can expect to get fleeced.
If you use Betfair SP with a limit then you can expect to get fleeced. But not as much.
BSPs have been matched @~1.01.
So all a fleecer has to do is offer lays much lower than true odds.
On occasions those will be matched by the Betfair SP algorithm.
Particularly for large SP bets.
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I think you are confusing Betfair SP with betting in running where people will offer 1.01 for a horse that looks to be the certain winner and as much as 1000 for a horse that looks like a certain loser.
Like Bookmakers SP, Betfair SP is based on the prices generally available just before the off.
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