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Next time you have a bad betting day

  • 18-11-2006 8:31pm
    #1
    Chucky the tree
    Closed Accounts Posts: 19,341 ✭✭✭✭


    Think of the person who deciced to lay the favourite horse in some race at odds of 1000-1 for 475pounds sterling. All over the betfair fourms, check the horse racing one.


    Ouch.


Comments

  • #2
    zAbbo
    Registered Users, Registered Users 2 Posts: 11,985 ✭✭✭✭zAbbo


    Musta had a big bank to get it matched.


  • #3
    wb
    Registered Users, Registered Users 2 Posts: 1,744 ✭✭✭wb


    I really cant understand how people offer these prices. My cut-off when laying is 10.5. After that, prices are way higher than SP. Maybey he made a mistake while trying to trade or something.


  • #4
    Chucky the tree
    Closed Accounts Posts: 19,341 ✭✭✭✭Chucky the tree


    It could of been a bot error. dont know how they work really, but maybe he meant to back the horse for odds of 1000 but ended up laying it. What a sickner though.


  • #5
    scojones
    Closed Accounts Posts: 7,230 ✭✭✭scojones


    Won't be a happy Christmas in that house this year.


  • #6
    fade2black
    Closed Accounts Posts: 6,936 ✭✭✭fade2black


    Could be loose change to the lad. 450k? I spent that on a Christmas Present for my dog this year.*













    *There's a couple of lies in this sentence...can you find them?


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  • #7
    Tush
    Closed Accounts Posts: 687 ✭✭✭Tush


    Was having a bad day only for I hammered into The Wandering Man to save the day.


  • #8
    fr wishy washy
    Registered Users, Registered Users 2 Posts: 882 ✭✭✭fr wishy washy


    Chucky the tree wrote:
    Think of the person who deciced to lay the favourite horse in some race at odds of 1000-1 for 475pounds sterling. All over the betfair fourms, check the horse racing one.


    Ouch.


    That was the amount matched so the loss was half of 475 stg,still a lot of money though.


  • #9
    Heisenberg.
    Registered Users, Registered Users 2 Posts: 7,541 ✭✭✭Heisenberg.


    This post has been deleted.


  • #10
    scojones
    Closed Accounts Posts: 7,230 ✭✭✭scojones


    Tush wrote:
    Was having a bad day only for I hammered into The Wandering Man to save the day.

    Same as. I don't mean to after time but my last bet of the day was a 15 euro double on Farmer Grant and The Wandering Man. I was in a bad state up to that point.


  • #11
    wb
    Registered Users, Registered Users 2 Posts: 1,744 ✭✭✭wb


    sjones wrote:
    Same as. I don't mean to after time but my last bet of the day was a 15 euro double on Farmer Grant and The Wandering Man. I was in a bad state up to that point.

    Grrr.

    I considered backing him (the wandering man) but went with the more experienced horse. :mad:


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  • #12
    Bluetonic
    Registered Users, Registered Users 2 Posts: 7,588 ✭✭✭Bluetonic


    A BETFAIR player lost £237,000 on Saturday night when laying winning favourite Peregrine Falcon at odds of up to 999-1 in a maiden race at Wolverhampton.

    The punter was taken on by three others - including one who traded £209.79 - before the Mark Johnston-trained two-year-old landed the 1m contest.

    That transaction cost thelayer over £200,000, having been confirmed and authorised inside the opening furlong, yet Peregrine Falcon was returned at an SP of just 15-8.

    Betfair spokesman Tony Calvin said on Sunday: "It looks as if the layer simply made a mistake, as all pricesmatched have to be confirmed before they are traded. "The only alternative I could imagine is that the layer was using an automatic trading system and that there was some kind of problem with it."

    Betfair punters have to lodge sufficient funds in advance to cover the trades they make, a fact which suggests the layer concerned is a large and regular player.

    Calvin added: "Obviously, I cannot reveal the names of any of our clients, but nothing untoward is considered to have taken place, other than a genuine error on someone's part."

    http://www.racingpost.co.uk/news/master.sd?psection=racingpost.co.uk&page=News&category=News&story_id=864047


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