Temujin - I didn't bother to look how Betfair dealt with that specific race as I had made my money (or so I thought) and moved on to the next. I don't really look at my P&L intra day so didn't pick up on the fact they voided the market. But it was none the less a good example of how this all is happening.
Charles - I would suggest re-reading both Temujin's post and mine that explain what is happening as your most recent reply would appear to suggest you have misunderstood what is happening. As Temujin has said they are betting into the "pre-race" exchange market, they aren't touching the SP. The SP being wildly different to what it should be had Betfair done their job correctly is a by product and just a useful reference point to show the impact these people (person) is having on the runners.
I personally don't subscribe to any of the theories that Betfair are doing something devious etc etc other than they just are being incompetent and worse of all don't even realise they are being so and hence peddle out the line that they suspend markets as the race starts. They clearly aren't but they just don't realise that as the left hand isn't talking to the right hand.
If either of you have access to an analogue radio feed have a listen to that and compare it to the TV feeds and also to Betfair going inplay. That is where the advantage lies. It has been said that the analogue radio feed is even at times ahead of the oncourse PA systems amazingly. I know some people are now even paying people who access to the analogue radio feed to relay that feed to them around the world!
Sky Racing Radio online was even ahead of Betfair for some time for us folks in the UK, unfortunately that feed is now geo-blocked but that used to be a couple of seconds ahead of Betfair and the feeds they were using.
As I said in my previous post, this isn't anything new and it isn't restricted to Oz racing, or even horse racing. The issue has been around since day one of Betfair, it is why we now have people flying drones at UK racecourses from public footpaths so that they aren't breaking the law. You will also often see at UK tracks several spotters located around the racecourse outside of the tracks land, sometimes perched up ladders or even trees. They then either use what they are seeing for their own or their teams use relaying the info or just take the easy option of selling the feeds to inplay punters for considerable amounts of money.
Charles - I would suggest re-reading both Temujin's post and mine that explain what is happening as your most recent reply would appear to suggest you have misunderstood what is happening. As Temujin has said they are betting into the "pre-race" exchange market, they aren't touching the SP. The SP being wildly different to what it should be had Betfair done their job correctly is a by product and just a useful reference point to show the impact these people (person) is having on the runners.
I personally don't subscribe to any of the theories that Betfair are doing something devious etc etc other than they just are being incompetent and worse of all don't even realise they are being so and hence peddle out the line that they suspend markets as the race starts. They clearly aren't but they just don't realise that as the left hand isn't talking to the right hand.
If either of you have access to an analogue radio feed have a listen to that and compare it to the TV feeds and also to Betfair going inplay. That is where the advantage lies. It has been said that the analogue radio feed is even at times ahead of the oncourse PA systems amazingly. I know some people are now even paying people who access to the analogue radio feed to relay that feed to them around the world!
Sky Racing Radio online was even ahead of Betfair for some time for us folks in the UK, unfortunately that feed is now geo-blocked but that used to be a couple of seconds ahead of Betfair and the feeds they were using.
As I said in my previous post, this isn't anything new and it isn't restricted to Oz racing, or even horse racing. The issue has been around since day one of Betfair, it is why we now have people flying drones at UK racecourses from public footpaths so that they aren't breaking the law. You will also often see at UK tracks several spotters located around the racecourse outside of the tracks land, sometimes perched up ladders or even trees. They then either use what they are seeing for their own or their teams use relaying the info or just take the easy option of selling the feeds to inplay punters for considerable amounts of money.
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