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
got Vettel beaten on the first corner, unfortunately by the wrong Ferrari. Ah well, still well in front for the year.ReplyDelete
Any advanced thoughts on Hungary?
Should be a cracking race.
Hungary will be all about qualifying pace - in the last 16 races there, only four races have seen 10 or more overtaking moves (excludes passing during pitstops and lapping backmarkers). They call it 'Monaco without the walls'.
Unless of course it rains...
I think Ferrari will go well given they seem to have got their blown exhaust working well. Obviously RB are still the team to beat, hoping Webber can bring it back together this w/end.ReplyDelete