22nd July 2010, 09:55 PM
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Member
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Join Date: Sep 2005
Posts: 1,601
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Quote:
confused now uni tab seems to run at 118% and betfair arond 103%
and my program has aloss of 12% based on uni tab is it fair to say it makes 3% on betfair or do i add 5% to bet fair for there cut so it 108%
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No. betfair prices are very informed and a horse that wins on may be a lot less then what you expect on betfair, and in turn the same happens with losers (they can and usuakky are longer priced).
Your only way to know if your program works with betfair is to place bets on betfair using small stakes.
Generally its hard (for most people) to make money on betfair due to the commission and the accurate pricing. |