HELP - is this a Betfair error ?

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stevemuk
Posts: 10
Joined: Sat Jun 11, 2016 4:38 pm

hi

as per attached pic, i expected to profit by either £2.04 or £2.84 from a traded race. Betfair seem to think it is -17p

before i go back and remonstrate with BF - has this happened before to anyone ? or does anyone have any idea why ?

Thanks
Steve
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to75ne
Posts: 2440
Joined: Wed Apr 22, 2009 5:37 pm

stevemuk wrote:
Mon May 31, 2021 3:33 pm
hi

as per attached pic, i expected to profit by either £2.04 or £2.84 from a traded race. Betfair seem to think it is -17p

before i go back and remonstrate with BF - has this happened before to anyone ? or does anyone have any idea why ?

Thanks
Steve
probably a horse withdrawn and a reduction factor applied.
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ANGELS15
Posts: 901
Joined: Wed Mar 22, 2017 9:57 am

to75ne wrote:
Mon May 31, 2021 3:53 pm
stevemuk wrote:
Mon May 31, 2021 3:33 pm
hi

as per attached pic, i expected to profit by either £2.04 or £2.84 from a traded race. Betfair seem to think it is -17p

before i go back and remonstrate with BF - has this happened before to anyone ? or does anyone have any idea why ?

Thanks
Steve
probably a horse withdrawn and a reduction factor applied.
Horse no 8 was withdrawn.
stevemuk
Posts: 10
Joined: Sat Jun 11, 2016 4:38 pm

thanks for that - and I understand that a WD horse affects the the price - which ties up with this old post - viewtopic.php?t=7968

i was just a bit confused as to why BA screen - was showing green on either a win or a loose.

Never mind guess i need to be mindful in future
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

stevemuk wrote:
Mon May 31, 2021 4:47 pm
thanks for that - and I understand that a WD horse affects the the price - which ties up with this old post - viewtopic.php?t=7968

i was just a bit confused as to why BA screen - was showing green on either a win or a loose.

Never mind guess i need to be mindful in future
If there's a discrepancy between your Betfair and BA PL you may need to close and restart BA to rectify it. I can't remember what the issue was but it happens occasionally.
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ANGELS15
Posts: 901
Joined: Wed Mar 22, 2017 9:57 am

stevemuk wrote:
Mon May 31, 2021 4:47 pm
thanks for that - and I understand that a WD horse affects the the price - which ties up with this old post - viewtopic.php?t=7968

i was just a bit confused as to why BA screen - was showing green on either a win or a loose.

Never mind guess i need to be mindful in future
When you have a very late withdrawal where the horses are nearly all loaded, Betfair don't have time to reset the market. You could then have a situation where you appear to be in profit but could end up with less profit or even a loss once they apply the rule 4. The only exception to this would be bets placed in-running after the 'off'.
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