They obviously want to capture as much of the vig from stupid traders and punish smart traders. It is just a matter of how unethical betfair is and to what lengths it will go to accomplish its goals.PeterLe wrote:How much can it be changed...
If you look at the calculation, I'm not sure it can be changed? I'm not sure how it produces spikes above 100 either? If someone could explain it from a maths perspective I'd appreciate that!
One thing that I think they have changed (and someone mentioned it in another thread yesterday, ie you don't get value when trading out on a back to lay strategy) is that once a price goes up it rarely comes back unless the horse is still very much in contention. (I know that sounds obvious but it just doesn't look the same as when XM first introduced, it's as if it is restricted and would be a plausible thing to do given that only one horse can win! Remember betfair have a full 1 sec advantage, which is a lifetime when we are working in milliseconds)
Anyway, I'm not complaining, had a good result in that one!
Today's Horse Racing
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magwitch78
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is there a 5 min delay on lingfield or just Doncaster?
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magwitch78
- Posts: 55
- Joined: Wed Sep 30, 2015 8:26 pm
did you trade both of them or just mal?Euler wrote:Malhama was an amazing trade
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spreadbetting
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I'd imagine it's more down to Betfair's incompetent and slow backroom staff rather than any dodgy business.
I never noticed that at the time, though that is low.
Looking back it might have been because one trainer had 3 of the 8 runners, the fav, the unraced 2nd fav and one of the outsiders and nobody wanted to take any chances trying to price it up.
I see he won the race too, with the 25/1 outsider!
Looking back it might have been because one trainer had 3 of the 8 runners, the fav, the unraced 2nd fav and one of the outsiders and nobody wanted to take any chances trying to price it up.
I see he won the race too, with the 25/1 outsider!