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Author Topic: Bookmaker cash outs  (Read 9615 times)
arbboy
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« Reply #45 on: February 18, 2015, 11:30:13 AM »

Did a 4 timer with WH.

3 came in last night, one match tonight.

Offer is £85.51....potential winnings is shown as £171.12

However the team odds to win on WH is 11/10.

So if I cash in and then put the £85.51 on at 11/10 .....I win more??!

Am I missing something?



Has the team's price changed from when you originally placed the bet?  I would imagine the difference relates to a price change on the last leg.  Can't see any other reason how that could happen.
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ripple11
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« Reply #46 on: February 18, 2015, 11:34:43 AM »

Did a 4 timer with WH.

3 came in last night, one match tonight.

Offer is £85.51....potential winnings is shown as £171.12

However the team odds to win on WH is 11/10.

So if I cash in and then put the £85.51 on at 11/10 .....I win more??!

Am I missing something?



Has the team's price changed from when you originally placed the bet?  I would imagine the difference relates to a price change on the last leg.  Can't see any other reason how that could happen.

No, same price....so I'll just cash out then
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arbboy
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« Reply #47 on: February 18, 2015, 11:39:21 AM »

Does the potential winnings include your stake in the calculation as it is not total returns just winnings?  That might be another reason for the difference?  Hard to believe Hills would make an error as obvious as this in something that is computer driven.
« Last Edit: February 18, 2015, 11:41:51 AM by arbboy » Logged
ripple11
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« Reply #48 on: February 18, 2015, 11:53:00 AM »

Does the potential winnings include your stake in the calculation as it is not total returns just winnings?  That might be another reason for the difference?  Hard to believe Hills would make an error as obvious as this in something that is computer driven.

Went with it just to see.

Credit of £85.51 given

Bet placed now pays £179.57

result!
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tikay
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« Reply #49 on: February 18, 2015, 12:02:23 PM »

Does the potential winnings include your stake in the calculation as it is not total returns just winnings?  That might be another reason for the difference?  Hard to believe Hills would make an error as obvious as this in something that is computer driven.

It is a bit odd, as it is just a piece of software, no "opinion" goes into the Cashout figure.

Maybe it is because Ripple is a supersized ice-cream in the Marky bracket?
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Doobs
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« Reply #50 on: February 18, 2015, 12:08:55 PM »

Does the potential winnings include your stake in the calculation as it is not total returns just winnings?  That might be another reason for the difference?  Hard to believe Hills would make an error as obvious as this in something that is computer driven.

It is a bit odd, as it is just a piece of software, no "opinion" goes into the Cashout figure.

Maybe it is because Ripple is a supersized ice-cream in the Marky bracket?

V good result, guess there must be a programming error somewhere, seems more likely than them deliberately overpaying someone?  Guess they could have a strategy of generosity to encourage people to use it, though as others have said, there seems little need in such a strategy when people will just flap and cash in regardless of the EV.
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Most of the bets placed so far seem more like hopeful punts rather than value spots
ripple11
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« Reply #51 on: February 18, 2015, 12:09:45 PM »

Does the potential winnings include your stake in the calculation as it is not total returns just winnings?  That might be another reason for the difference?  Hard to believe Hills would make an error as obvious as this in something that is computer driven.

It is a bit odd, as it is just a piece of software, no "opinion" goes into the Cashout figure.

Maybe it is because Ripple is a supersized ice-cream in the Marky bracket?

almost certain  Smiley
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tikay
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« Reply #52 on: February 18, 2015, 12:18:23 PM »

Does the potential winnings include your stake in the calculation as it is not total returns just winnings?  That might be another reason for the difference?  Hard to believe Hills would make an error as obvious as this in something that is computer driven.

It is a bit odd, as it is just a piece of software, no "opinion" goes into the Cashout figure.

Maybe it is because Ripple is a supersized ice-cream in the Marky bracket?

almost certain  Smiley

xx
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Graham C
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« Reply #53 on: March 11, 2015, 02:54:02 PM »

I looked at the cashout on BF yesterday for this very scenario and was offered £105ish.   I suppose they'll say that this was done just before the last but I doubt anyone would cash out in that situation.  What a pile of crap, totally misleading.
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