Wondering where are the mugs these day?

[tricola]

Guess, where he placed his bet.
Full story there : http://metro.co.uk/2015/05/03/former-ar ... o-5179009/

[PeterLe]

Don't forget, of the £78K, £50K of that was his own stake.
He only won about £28K

[steven1976]

Who is in the red and who is in the blue corner?

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[Euler]

Don't forget, of the £78K, £50K of that was his own stake.
He only won about £28K

Could have won a lot more on the exchange

[LeTiss]

Could have won a lot more on the exchange

He could, but the moment £100k was matched in 1 hit......people would have moaned that BF are trading their own markets

It just shows that sometimes these massive spikes are just crazy punters

[Naffman]

Could have won a lot more on the exchange

I don't see how he could've. The Sportsbook doesn't take commission so to get more he would've had to have got matched at 1.61 or more - not really a huge amount as it didn't go too far above that, and I'm sure he's not the type of guy who spends all day in front of the computer

All your posts are telling me you don't pay commission on Betfair Peter I'm not trying to complain as you have done so much for traders but it's a suspicion I have.

[Euler]

All your posts are telling me you don't pay commission on Betfair Peter I'm not trying to complain as you have done so much for traders but it's a suspicion I have.

That would be the most remarkable thing to happen since life spontaneously came into existence a few billions years ago.

If anything I suffer from much poorer treatment from them compared to your average or new user. It's a significant bone of contention I have with them.

[Naffman]

My apologies for coming to the wrong conclusion Peter

I'm quite surprised you haven't been given preferential treatment though, given the amount of new users you attract thus indirectly adding lots of liquidity. Betfair certainly are a strange one that's for sure.

[burdo77]

I think some people get no commission as I have seen cross markets being arbed which wouldn't draw a profit unless they are on no commission.

[LinusP]

£50k bet on the sportsbook?

I don't believe it.

They don't have that sort of liability on all horse racing markets combine on a Saturday!

[mklim_irlpl]

This is classic example of gambling. If he continues betting like this he will end up with nothing.