Moving bets

[lukebenny]

Since using the updated software sometimes the lay the field bets I place have been moved to 1.01, this does not happen on all markets just seems random, any idea why?

[mak]

probably from non runners redaction factor...

[lukebenny]

The money has sometimes been moved a couple of hours before the off, just waiting in the 1.01 queue, I dont really know how reduction factors work, aren't they only taken into account after the race?

[Ian]

No they are adjusted before the race

· As described above, when a non-runner is removed from a horseracing market it is Betfair's policy to cancel unmatched offers to lay all other horses in the market if the non-runner has a reduction factor of 2.5% or greater for win markets, or 4.0% or greater for place markets. In these circumstances offers to lay a horse with the 'At In-Play: Keep' option selected will not be cancelled. Instead the lay odds offered in place markets will be reduced in proportion with the reduction factors of any non-runner(s) and the same will apply in win markets providing the relevant non-runner has a reduction factor of at least 2.5%.

[lukebenny]

ahh I see, makes sense now, thanks for the replys.