Betfair Down / Betfair site crash

[Crumpets]

If people are ringing up BF en masse to close positions, would it even be possible; given the sheer sudden volume of calls?

[buyshirts]

Its' easy to say but its a total waste of time calling as they don't know anything and all they do is read of a script.

Its horrible if you dont know where you are open but it is just a matter of wait and see.

[Lynskey888]

My money was disappearing from the ladder then reappearing a few seconds later, only for it to vanish all over again.

Glad to hear the problems are universal. Hope no-one ended up red as a result.

[Michael5482]

If people are ringing up BF en masse to close positions, would it even be possible; given the sheer sudden volume of calls?

There's no money to close out against. Some people will win some will loose Betfair won't be bothered either way.

[Crumpets]

If people are ringing up BF en masse to close positions, would it even be possible; given the sheer sudden volume of calls?

There's no money to close out against. Some people will win some will loose Betfair won't be bothered either way.

So I guess hedging via another exchange is the only method? So long as the money is there for that market!

[buyshirts]

Problem doing that is can you be sure what your position was before Betfair deem the site as "down" and also its possible they void some bets

[Derek27]

Betfair CS is as helpful as ever ... top post!!

Screenshot 2024-08-24 170814.png

[Michael5482]

If people are ringing up BF en masse to close positions, would it even be possible; given the sheer sudden volume of calls?

There's no money to close out against. Some people will win some will loose Betfair won't be bothered either way.

So I guess hedging via another exchange is the only method? So long as the money is there for that market!

Yes you could but I was scalping laying Over 3.5 goals in the Spurs v Everton, I closed the position somehow (I think) and checked on the website before it went down the ladder was all over the place but Spurs have scored 2 goals and depends what Betfair do timing wise I suppose so not a clue what my position was and will be.

I don't over stake so either way it'll be what it'll be I can't influence it so I don't worry about it tbh I know the script but agree with most it's frustrating especially at peak footy/racing time, the exchange never goes down on a cold Tuesday night at Stoke.

[Michael5482]

Watching Sharpe on ITV4 now give trading Villa v Arsenal a miss and back at it tomorrow

Anyway here is a "Bastard" compilation from Sean Bean as Sharpe

https://www.youtube.com/watch?v=tE8d-uGmIWk

[Kai]

Coming back online slowly

[weemac]

How will they produce missing BSPs? I'm guessing they'll add about 10% to ISP and then round it to 100%. They did that once before.

[buyshirts]

I reckon that's quiet a long way down the list at the minute!

[jamesedwards]

I wonder why Betdaq leave a market suspended when there is a late withdrawal? If their system can't cope with stripping it out of the market quickly enough, then why not leave it in the line-up and resolve retrospectively like Betfair?

[Euler]

I wonder why Betdaq leave a market suspended when there is a late withdrawal? If their system can't cope with stripping it out of the market quickly enough, then why not leave it in the line-up and resolve retrospectively like Betfair?

I spoke to them about this some time ago and it's a quirk of the way the system was set-up. It's too costly to re-engineer it.

[Euler]

17:45 market is active on Betfair now