betfair are trustable ?

Not long time ago I read some horse traders chat , read some of it :

''My own experience was recently whilst at Chepstow I saw a horse fall two fences from the finish that at that time was in second place. Within 1 second the price had changed from 5.00 to 1000.00!

The other perplexing point which you may be able to clarify is that since most regular in play backers and layers probably watch the live feeds, how can they all be as clued up as the commentators with regard to the selections position in the race without a label being placed on each horse giving its name? The commentator has an elevated vantage point and a massive pair of binoculars together with other facilities to allow him to relay to the punters who is in what position etc.

Yesterdays grand national was a classic example of the problem that most people must face in running in that unless the commentator relays the name of each horse and its position in turn it is impossible to make an informed decision about where any selection is and its travelling quality compared to its Betfair sp Yet once again yesterday although I was watching a delayed feed on BBC we saw hoses fall which were not remarked upon by the commentator for seconds after the event and yet we saw the prices go out to 1000 before the announcement of the fall and which horse had fallen?

It has been suggested to me from someone sources close to Betfair, that your company use a highly sophisticated and dedicated API system which has a facility to link to all runners and their position through GPS or some other kind or system that pilots prices in running to give backers and layers a clue about any selections relative chance at any time. If this were true it would completely explain all of my questions and why so may of my in running bets do not get matched even though they are of a minimum size and the prices are clearly on the screen.''

I hope this is not true...
Statistics: Posted by crossing_along — Wed Aug 25, 2010 5:47 pm