Tag: christmas hurdle
How to win £45m in a few minutes
Four years ago today we were treated to a day of spectacular proportions.
On this this day at the Christmas hurdle at Leopardstown, something went very, very wrong. Voler La Vedette ran home to take that race, but for most of the race £21m was available to back at good odds. Nobody it seemed was able to take all that money in-running however and ‘only’ £1.6m was matched, meaning the loser would have to pay out a cool £44.8m to …
The day somebody with £1k caused a £600m error
Three years ago today we were treated to a day of spectacular proportions. It seems to have slipped into the history books a bit so I thought I would reprise it for your enjoyment and delight.
On this this day at the Christmas hurdle at Leopardstown something went very, very wrong. Voler La Vedette ran home to take that race, but for most of the race £21m was available to back at good odds. Nobody it seemed was able to …
Betfair to compensate Leopardstown losers
Hot off the press, just received this email from Betfair: –
“Dear Peter,
Since the 2.00pm race at Leopardstown on 28 December 2011, we’ve looked in detail at all the circumstances surrounding the technology failure and the anomaly it created. In addition, we provided our Gibraltar regulator, the Gibraltar Gambling Commissioner (GGC), with a detailed technical and operational report on the incident and the GGC made a number of recommendations. We have also consulted with customers and taken their feedback …
£1k account caused £600m Betfair error
Betfair have issued a statement this afternoon outlining the error that caused the exchange to misfire. The full statement is here: –
But here are some bullet points:-
“This bet was placed by one of our UK customers trading the race via our API or Application Programming Interface (bdp.betfair.com/) using an automated program (a “bot”). Their bot had developed a fault causing it to try and place a very large number of bets on the Exchange. These bets were …
Biggest ever loss on Betfair?
One of those remarkable events happened today on Betfair when, in the Christmas hurdle at Leopardstown, Voler La Vedette was offered up in-running for massive money at massive prices despite the fact it won.
Seemingly, over £21m was offered and held in-running to get filled at HUGE prices. £1,642,094 was matched at 29’s meaning the loser would have to pay out £44.8m on their bet at 29’s. In order to be able to just place the bet the user would …
Connect
Connect with us on the following social media platforms.