Today's Horse Racing
Not precisely, Betfair take their deduction out of your whole return including your stake. I recall a race many years ago where there were 2 very short priced favourites something like evs and 11/10 with a big gap to the others. I had £50 on one of the favourites on betfair. One of them was withdrawn just before the race resulting in a near 50% rule 4 with ordinary bookmakers meaning If I had had my bet with them I would still have been returned £75. As it was with Betfair as their reduction applies to the whole return including the stake it actually wiped out my whole profit.
Not precisely, Betfair take their deduction out of your whole return including your stake. I recall a race many years ago where there were 2 very short priced favourites something like evs and 11/10 with a big gap to the others. I had £50 on one of the favourites on betfair. One of them was withdrawn just before the race resulting in a near 50% rule 4 with ordinary bookmakers meaning If I had had my bet with them I would still have been returned £75. As it was with Betfair as their reduction applies to the whole return including the stake it actually wiped out my whole profit.
TBH most people would be unaware of this unless you bet in a scenario similar to the above with a favourite and 2nd favourite fairly short with a big gap to the others. Most people are going to get much better odds backing prices above 4/1 so may not notice it when it happens.
Hi. I trded 8.20 Windsor race but I don't have the result in P&L statement page. Balance was updated since last night, but the race it's not there. It's first time when I see that. I don't know if it's an error...
Can someone confirm if it's the same? Thanks
Can someone confirm if it's the same? Thanks
maybe your horse was withdrawn as a nonrunner?
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Headless Chuck
- Posts: 39
- Joined: Tue Jul 23, 2019 5:31 pm
Hi, first post!
Absolute horror show today; more than once had to bail on what looked like an irredeemable drift, only for it to reverse and spike back through the original position just before the off.
I think the expression is "character building"....
Absolute horror show today; more than once had to bail on what looked like an irredeemable drift, only for it to reverse and spike back through the original position just before the off.
I think the expression is "character building"....
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ShaunWhite
- Posts: 10473
- Joined: Sat Sep 03, 2016 3:42 am
The best perk of working for yourself is the freedom to have ad hoc days off.
It's the little something that makes up for not having a non-contributary pension, free private health care, nice company car, big xmas bonus, long expense account lunches, or paid sick leave and 6 weeks paid holiday...etc etc etc etc.
And this attracts no income tax or VATShaunWhite wrote: ↑Wed Jul 24, 2019 2:24 pmThe best perk of working for yourself is the freedom to have ad hoc days off.
Think theres a song there somewhere???
PS
Lingfield about 5 minutes behind
Don't you pay yourself a performance-related bonus?ShaunWhite wrote: ↑Wed Jul 24, 2019 2:24 pmThe best perk of working for yourself is the freedom to have ad hoc days off.
It's the little something that makes up for not having a non-contributary pension, free private health care, nice company car, big xmas bonus, long expense account lunches, or paid sick leave and 6 weeks paid holiday...etc etc etc etc.
I don't care what my bonus amounts to, I just like the idea of having a bonus.
