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Is there a way to disable the ability for your bets to be partially matched? or are there any restrictions/limits/percentages etc in place.
As far as I understand it, due to the way liability and commission are rounded, your expected return on any bet can be changed by how much of the bet is taken.
For example:
- The actual odds of an outcome are 1.545
- You enter a bet to lay £2 @ 1.53
- if all £2 is taken, your liability is £1.06 and expected return is : £1.06177 (assuming 2.5% commission)
- if £1.99 is matched, your liability is still £1.06 but also you will have to pay the same commission on the winnings. Therefore your expected return is lower : £1.05825
Perhaps my maths/logic is wrong, but as it stands the difference of 1p makes the difference between a favorable and unfavorable bet. Granted, not by much but maybe there are other examples where the effect is more profound.
As far as I understand it, due to the way liability and commission are rounded, your expected return on any bet can be changed by how much of the bet is taken.
For example:
- The actual odds of an outcome are 1.545
- You enter a bet to lay £2 @ 1.53
- if all £2 is taken, your liability is £1.06 and expected return is : £1.06177 (assuming 2.5% commission)
- if £1.99 is matched, your liability is still £1.06 but also you will have to pay the same commission on the winnings. Therefore your expected return is lower : £1.05825
Perhaps my maths/logic is wrong, but as it stands the difference of 1p makes the difference between a favorable and unfavorable bet. Granted, not by much but maybe there are other examples where the effect is more profound.
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