Cricket WC - India v England

[glyn]

odds from ######

 

[glyn]

Apparently ###### would treat this as a dead heat seeing as no odds were offered for the tie. The rules for a dead heat are as follows, just depends on what Jeff thinks!

'Dead-Heats
Where two selections Dead-Heat half the stake money is lost and the full odds are paid to the other half. If more than two Dead-Heat the stake is proportioned accordingly.'

 

[bocadillo]

Apparently ###### would treat this as a dead heat seeing as no odds were offered for the tie. The rules for a dead heat are as follows, just depends on what Jeff thinks!

'Dead-Heats
Where two selections Dead-Heat half the stake money is lost and the full odds are paid to the other half. If more than two Dead-Heat the stake is proportioned accordingly.'

Leicityboy staked 2000 on India at 2/5,

Loses 1000
Wins 400 + 1000 stake returned
Jeff to please add 1400 to Leicityboy's account​

pds staked 500 on India at 2/5

Loses 250
Wins 100 + 250 stake returned
Jeff to please add 350 to pds's account​

glyn staked 500 on India at 2/5

Loses 250
Wins 100 + 250 stake returned
Jeff to please add 350 to glyn's account​

foxybru staked 180 on India at 2/5

Loses 90
Wins 36 + 90 stake returned
Jeff to please add 126 to foxybru's account​

GazLCFC staked 100 on England at 2/1

Loses 50
Wins 100 + 50 stake returned
Jeff to please add 150 to GazLCFC's account​

 

[glyn]

Thanks Boc.

 

[GazLCFC]

GazLCFC staked 100 on England at 2/1

Loses 50
Wins 100 + 50 stake returned
Jeff to please add 150 to Leicityboy's account​

oh come on, please let me have it.

 

[bocadillo]

oh come on, please let me have it.

:icon_redf

 

[Jeff]

Apparently ###### would treat this as a dead heat seeing as no odds were offered for the tie. The rules for a dead heat are as follows, just depends on what Jeff thinks!

'Dead-Heats
Where two selections Dead-Heat half the stake money is lost and the full odds are paid to the other half. If more than two Dead-Heat the stake is proportioned accordingly.'

When this situation came up a couple of years ago we settled it by abandoning the event which automatically gives people their stake back. I think we should continue to do that rather than mess about manually adjusting vcash, particularly as this may disadvantage people who have hidden bets.

 

[bocadillo]

When this situation came up a couple of years ago we settled it by abandoning the event which automatically gives people their stake back. I think we should continue to do that rather than mess about manually adjusting vcash, particularly as this may disadvantage people who have hidden bets.

Yet one more slap in the face for the downtrodden punter.
:icon_sad:

 

[Jeff]

Yet one more slap in the face for the downtrodden punter.
:icon_sad:

By giving them their money back even though they didn't pick the winner?

:icon_conf


As Glyn pointed out in the thread I linked to, he didn't get anything back for a real bet with a similar outcome.

 

[Jeff]

I've just noticed you've already settled the event with no winner.

So I'm going to have to manually adjust the vcash totals anyway.

But I will be refunding everyone's vcash, like we have done in the past in this situation.

 

[bocadillo]

By giving them their money back even though they didn't pick the winner?

:icon_conf

By giving Gaz less than he deserves.

 

[Jeff]

By giving Gaz less than he deserves.

He didn't pick the winner, so he deserves nothing.

 

[bocadillo]

As Glyn pointed out in the thread I linked to, he didn't get anything back for a real bet with a similar outcome.

He certainly should have done. Betfair's dead heat rules are exactly the same as those of ordinary bookies.

 

[bocadillo]

He didn't pick the winner, so he deserves nothing.

He picked one of the joint winners.

 

[Jeff]

He picked one of the joint winners.

If it was a three horse race and two tied for the win that might make sense. But when there are two teams neither of them should count as a winner.


Anyway it doesn't matter what the bookies say, the precedent was set with vBookie in 2008 and I'm not changing it now.

 

[GazLCFC]

He didn't pick the winner, so he deserves nothing.

:icon_wink

 

[bocadillo]

If it was a three horse race and two tied for the win that might make sense. But when there are two teams neither of them should count as a winner.

But neither are they losers.

Anyway it doesn't matter what the bookies say, the precedent was set with vBookie in 2008 and I'm not changing it now.

He who pays the piper...

 

[Jeff]

But neither are they losers.

Bets are placed on which team will win, not which team won't lose.

 

[glyn]

He certainly should have done. Betfair's dead heat rules are exactly the same as those of ordinary bookies.

But neither are they losers.




He who pays the piper...

Bets are placed on which team will win, not which team won't lose.

Funnily enough though I also laid against India on betfair yesterday. In that situation I had certainly bet *against* India winning and that is what happened, but again only got my stake back.

Had forgotten about that precedent, I was going to suggest we agree that rule for further WC matches anyway!