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</o:shapelayout></xml><![endif]--></head><body lang=EN-AU link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-US'>Often around that mark Nick, but here's the current prices for Ascot 6 - #2 at BSP 2.93 is less than the available price, so far less than the mid point, so their algorithm is more complicated and the estimate even more misleading.<o:p></o:p></span></p><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-US'><img width=636 height=457 style='width:6.625in;height:4.7604in' id="Picture_x0020_1" src="cid:image001.png@01D73BC0.89A376F0"></span><span style='color:black;mso-fareast-language:EN-US'><o:p></o:p></span></p><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal><b><span lang=EN-US>From:</span></b><span lang=EN-US> Racing <b>On Behalf Of </b>norsaintpublishing@gmail.com<br><b>Sent:</b> Tuesday, 27 April 2021 21:14 PM<br><b>To:</b> AusRace Racing Discussion List <racing@ausrace.com><br><b>Subject:</b> Re: [AusRace] Betfair SP<o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p><div><p class=MsoNormal>I presume the estimated SP is the median point between the ask and the bid? If so, it makes it a pretty useless indicator.<o:p></o:p></p></div><p class=MsoNormal><o:p> </o:p></p><div><div><p class=MsoNormal>On Tue, 27 Apr 2021 at 19:10, L.B.Loveday <<a href="mailto:lloveday@ozemail.com.au">lloveday@ozemail.com.au</a>> wrote:<o:p></o:p></p></div><blockquote style='border:none;border-left:solid #CCCCCC 1.0pt;padding:0cm 0cm 0cm 6.0pt;margin-left:4.8pt;margin-right:0cm'><div><div><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='color:black'>Here's Betfair's current price display for Ascot 7 tomorrow; from the 37 races at 5 Oz venues, just 1 has an "estimated" BSP market% of 100+% (103%).</span><o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='color:black'> </span><o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='color:black'>It's deceptive at best, criminal at worst.</span><o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='color:black'> </span><o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='color:black'>76% market for estimated BSP</span><o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='color:black'> </span><o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='color:black'><img border=0 width=531 height=454 style='width:5.5312in;height:4.7291in' id="gmail-m_-2118533620853965567Picture_x0020_1" src="cid:image002.png@01D73BC0.89A376F0"></span><o:p></o:p></p></div></div><p class=MsoNormal>_______________________________________________<br>Racing mailing list<br><a href="mailto:Racing@ausrace.com" target="_blank">Racing@ausrace.com</a><br><a href="http://ausrace.com/mailman/listinfo/racing_ausrace.com" target="_blank">http://ausrace.com/mailman/listinfo/racing_ausrace.com</a><o:p></o:p></p></blockquote></div></div></body></html>