“Rounding” error

30/07/2009 | By More

OK, the concept of trading is laying at a lower price than you back at. But if you can’t do that, then the next best thing is to scratch your trade.

If I back £2000 at 3.18 and then lay that back at 3.18 for the same amount, what is the net result?

Zero, of course. But this doesn’t appear to be the case any longer? I can’t honestly see how you could get a rounding error on this simple calculation, but one appears to be occurring. I’ve seen others report the same issue so I’ve raised this with Betfair.

090729 - Rounding error b

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Category: Using Bet Angel

About the Author ()

I left a good job in the consumer technology industry to go a trade on Betfair for a living way back in June 2000. I've been here ever since pushing very boundaries of what's possible on betting exchanges and loved every minute of it.

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