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green on olly - what a great shot into 18

went green too early on Olly :-(

I laid him too early.

looks odds on a 3 way play off to me

Now green on Olly

3 way play off it is :-)

Managed a lay on Olly from 2.04 to 3.

All green now.

Nice one john

smallish green Woods, biggish green Olly - come on the spaniard

Hope it goes your way Steve. I'm looking for another opportunity.

John

im the other way round now - small green olly, bigger green tiger lol - probably not the last time ill switch

Sad way for it to end but good for my book :-)

Yep, good night Steve.

Night John

will talk on the swing trading thread in the morning - are we gonna try and sort a day out this week to get together - pref weds or thurs for me

Yes, I'll try and set it up for one of those days.

i might be going mad as is has been a long day can someone look at the reply from betfair i received earlier Dear Michael

Thank you for your e-mail.

The dead heat rules are worked out based on the number of people tied
divided by the positions available.

In this case there were 4 tied for 4th which as the market was for
top 5 means 2 positions covered. 2 positions / 4 players is worked
out the same as a dead heat between 2 players.

If for example there were 5 players it would have been worked out on
2/5.

In golf the next best placed finishers would have been classed as
officially finishing 8th and therefore not in the top 5.
i feel this is incorrect and not the same as high street bookies the event was the golf 5 places market in the buick there were 4 tied for 4th place.HELP PLEASE

Woodie

Personally think the above is correct and that should have been paid out a place on half your stake on anyone who finished on -9 (Kaye, Rollins, Glover or Mickelson). the rules basically mean that Woods, Green and Olly filled the first 3 of the 5 available places and the remaining 2 places were filled by the 4 ties players.

What are you expecting - to be paid at 5/7 as 7 players filled the 5 positions? if so this is incorrect imo

From betfair rules (go to help and do a search on deat heat)

What happens if there is a dead heat?
A dead heat is calculated by dividing the stake proportionally between the number of winners in the event. So, in a two-way dead heat (2 winners) for example, your return will be half of what it could have been. This can be referred to as half-face value of the bet, or a bet for half the original stake.

For example:

Initial bet = 30 @ 11 (1 expected winner - 2 dead heat for first)

Half-face value of ticket: 30 @ 11 divided by 2 = 165

or

Half-stake: 15 @ 11 winning bet = 165

The profit of the bet equals the total return minus total stake: 165 - 30.00 = 135

When there are multiple payouts, this can get quite confusing.

In a golf tournament, Tiger Woods wins, Vijay Singh finishes second, Phil Mickelson third, but five players tie for fourth. This creates a multiple dead-heat for fourth and fifth place.

So in this case, if you backed Luke Donald for 5 at 10.0 for a Top 5 finish and he finished in the tied group of players, you would receive

Stake x Odds x No. of Payouts / No. of Tied runners = 5 x 10.0 x 2 / 5 = 20

fundy thanks for in depth answer with a high street bookie they would take 4 out of the 7 that would leave 3 then divide your stake by 3 then settle it for all 4 that finished tied.what they done have appears incorrect the bet i had was lucas glover 100 pound backed at 3.00 what they have credited is 100 pound.

woodie - why take 4 out of the 7 not 3 out of the 7 ? that doesnt make sense to me - that would mean they are settling as if one of the 4 tied players had finished 4th on his own

i think your bet should be settled as follows:

2 halfs of 50 each

50 lose
50 at 3.0 = 150

Total = 150-50 = 100

the reason for taking out 4 of the 7 is because the the issue is with the last place 5th position ie 7 finished in the first four take away 4 places that leaves a total of 3 for the last place therefore stake divided by 3.