The big three bookies in the UK have allegedly threatened to pull their support of BAGS greyhounds stadiums if they continue to sell DVDs of their race replays to punters! The bookies can't handle people actually doing form and possibly winning for a change. Absolutely outrageous, how punters and the gambling authorities can allow this to happen? Punters do have rights, and those rights include being able to study the form and win. There's no cheating involved here. What a scandal!
The Christmas Hurdle from Leopardstown, a good Grade 2 race during the holiday period. But now it will go into history as the race which brought Betfair down. Over £21m at odds of 29 available on Voler La Vedette in-running - that's a potential liability of over £500m. You might think that's a bit suspicious, something's fishy, especially with the horse starting at a Betfair SP of 2.96. Well, this wasn't a horse being stopped by a jockey either - the bloody horse won! Look at what was matched at 29. Split that in half and multiply by 28 for the actual liability for the layer(s). (Matched amounts always shown as double the backers' stake, never counts the layers' risk). There's no way a Betfair client would have £600m+ in their account. Maybe £20 or even £50m from the massive syndicates who regard(ed) Betfair as safer than any bank, but not £600m. So the error has to be something technical. However, rumour has it, a helpdesk reply (not gospel, natur
Can you post a link to the full story on this one please?ReplyDelete
I cannot find anything in print regarding this subject.
It has been mentioned in the RacingPost and on the Betfair forum, but can't find anything published online. Insiders in the greyhound industry have confirmed it.ReplyDelete
I had an inkling it would be a Racing Post article.ReplyDelete
there was a follow-up article to this in yesterday's RacingPost, in the greyhound section.ReplyDelete