Tag: loss

Performance anxiety – Why players lose form

Lovely piece on psychology in the weekend FT. It examines why players of a sport often inexplicably lose their form. I’ve been studying this specifically in a few sports to come up with predictors of decline. My research was sparked by the collapse in form David Duval after he won the British Open golf and I started to dig around deeper and deeper for events that can lead to a decline. I’ve found it useful in Golf and Tennis which …

19/02/2012 | By Peter Webb More

How to lay £600m worth of bets on Betfair?

That has to be the #1 question after yesterdays debacle in one of the feature races at Leopardstown.

To summarise, a mysterious lay bet appeared and stayed on the winning favourite at 29’s right up to the finish of the race. The ‘layer’ offered up £21m at 29’s creating a £600m liability. Betfair voided the in-running market.

Betfair have come out officially and ruled out that it was them or any account controlled by them or that they had a …

29/12/2011 | By Peter Webb More

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 …

28/12/2011 | By Peter Webb More

When not to cut a loss using full market depth

Of course it makes sense to minimise a loss when things go wrong but sometimes not cutting a loss is actually a very viable alternative. However, you can only attempt this if you have plenty of information to hand and full market depth.

High resolution MP4 video available by clicking here