I’ve placed a back bet at Coral with odds of 7.00 and a lay at Betfair with odds of 7.4. I put a lay stake of £16.44 as per the calculator. However, I have now just been on to Betfair and the odds showing on my open bets has changed to 5.47. I don’t know if this is a problem (will it actually work in my favour?) but I would like to know why this has happened?
New to matched betting?
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Horse race?
Are there non-runners?
That’s the normal reason.
It’s called a rule 4 deduction, it will normally reduce your winnings too but, generally it’s not a problem and you’ll probably win slightly more/lose slightly less.
Ah, thank you for that! Yes it was indeed a horse race and 2 non-runners!
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