25th January 2011, 04:40 PM
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Member
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Join Date: Jan 1970
Location: Qld
Posts: 1,400
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Quote:
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Originally Posted by michaelg
Out of interest, today at Mackay R6 had a field of 9 starters, and I layed every horse for the minimum $30 with S.P.
I expected to lose 5% commission whatever won because I thought an apportionate amount would be bet according to each's price for a set liability of $30, but when the S.P. prices were loaded only the fave showed a loss if it won the race. Fortunately it didn't.
Anyone knows how the amounts are calculated, and why only the fave (I presume) will show a loss?
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Kudos and thanks to Michaelg for raising this one.
Laying the whole field and only having the fav a loser (or even better no losers) is my life. I have never looked at Betfair SP, until now. I always thought it was for fools.
I thoroughly checked past UK & IRE results and was pleasantly surprised with what I found. Rarely is BF SP less than 100%, and I struck one recently that was 112%.
Tonight will be night 25 of using BF SP and if it's a loser it will only be the 2nd losing night.
Because the UK markets are pretty well formed before 10.00pm (QLD time) you can be reasonably confident of laying and having a minimum number of losers (if any) per race, without staying up all night. With an almost 100% guarantee of laying every race at at least 100%, if you have an idea of what you're doing this is virtually unbeatable.
Cheers Michaelg.
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