Dennis G, I agree with what you say regarding the layer's bet. However I would assume that Betfair looks at it in a different way where their takeout is the prime factor. If the layer wins with his $1 bet, Betfair only gets a maximum of $0.05 in commission. But conversely, if the better wins, Betfair then gets their commission on the $9. Is this as bad as betting $5 on a very short fave where if it wins you could be paying much less commission than that of the $9 as stated in your example.

If I remember correctly, Betfair mentioned in their email that I was disadvantging the bettor with my low bets. If this is so, I fail to understand how that can be. Its a pity I no longer have their email to check this. Yesterday I had some of my $5 lay bets matched piecemeal - a few cents at a time, and I don't think I was disadvantaged. And obviously some others are betting way below the minimum allowable.

Reckless, I think many of my lay bets here in Oz probably represent value as my profit on them is quite impressive (touch wood), and the selection method is completely different to Mark's. Yet the method has not been so successful when I applied it to U.K. racing, admittedly there were only 3 days of testing with half a dozen races.