This is a quote from Barry Orr who tweets as betfairbarry.
He is PR and Horse racing manager for Bf Ireland
"Still investigating in-play market on the Xmas hurdle. Will update once we gain clarity"
Leopardstown - 14:00 - Christmas Hurdle - Voler la vedette
I reckon it's an obscure XM issue. When we implemented cross matching we noticed that if we didn't trap errors it could create really odd errors with unusual matches and amounts appearing all over the show. We only knew this because we saw the same issue with dutching many years ago. Maybe Betfair didn't look for the same issue?
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CaerMyrddin
- Posts: 1271
- Joined: Mon Sep 07, 2009 10:47 am
Someone must be really nervous now. If it's a xm error, maybe it can be forced to happen, given the right market circunstances?
Lagos wrote:we have not made a penny untill they settle it!
fingers crossed
If it's a Betfair error they will palp it. That is why they shouldn't get involved in their own markets! It's an exchange isn't it?
Last edited by Euler on Wed Dec 28, 2011 3:03 pm, edited 1 time in total.
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andyfuller
- Posts: 4619
- Joined: Wed Mar 25, 2009 12:23 pm
Smart trade here is too short bf shares, if it turns out they are liable it will have a big impact, if not i doubt there will be a surge in their price.
I guess they are on for a good bit from the extra commission and premium charges either way.
I guess they are on for a good bit from the extra commission and premium charges either way.
At the end of the day, if the cross matching works. They are only re distributing bets between runners. They are not "standing" any bets.
hence the 1.04 of Mourad. This was artificially short due to the exaggerated price of VDV. This was definitely XM.
The question is where did the huge number of the lay on VDV come from?
I think BF may have been up to something different to what they tell us
hence the 1.04 of Mourad. This was artificially short due to the exaggerated price of VDV. This was definitely XM.
The question is where did the huge number of the lay on VDV come from?
I think BF may have been up to something different to what they tell us
I think we all know the answer to that. So much money at stake I reckon winners should issue a class action if they are not settled. If it is a Betfair error then they will be the counter party. They can't take money from people and then wash their hands when it goes the other way. Doesn't it say in there terms they are the counter party for a number of situations?andyfuller wrote:Had it lost would they void it.....