Foolish Pleasure
08-29-2010, 03:02 PM
The betfair players obviously already know this like they obviously already know what the premium fee was.
When a horse is scratched after fixed odds bets have been matched,
Betfair arbitrarily and capriciously hands down a reduction factor, that supposedly brings all bets in line as if the horse scratched was never entered. Get it? They adjust eveyone's odds on bets already matched based on some convoluted super secret system which loosely translates to on their whim.
This was a problem before Betfair started booking bets by offering their own starting price,
now with them booking bets-who can't see the conflict of interest here?
can make a career merely by taking advantage of gaming their reduction factors.
now knock yourselves silly with the earth is flat propaganda.
and right to the 95% who don't follow Betfair they book money on horse racing out of the tote and off the exchange and call it the Betfair starting price option or the Betfair SP.
When a horse is scratched after fixed odds bets have been matched,
Betfair arbitrarily and capriciously hands down a reduction factor, that supposedly brings all bets in line as if the horse scratched was never entered. Get it? They adjust eveyone's odds on bets already matched based on some convoluted super secret system which loosely translates to on their whim.
This was a problem before Betfair started booking bets by offering their own starting price,
now with them booking bets-who can't see the conflict of interest here?
can make a career merely by taking advantage of gaming their reduction factors.
now knock yourselves silly with the earth is flat propaganda.
and right to the 95% who don't follow Betfair they book money on horse racing out of the tote and off the exchange and call it the Betfair starting price option or the Betfair SP.