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Betfair FUCKS UP Again : Voids InRunning Bets
12/28/2011 : Apologises for a poor customer and betting experience
A technical glitch during racing at Leopardstown this week forced online betting exchange Betfair to suspend the market pending an investigation that resulted in the firm voiding all bets on the event.
The firm now faces a backlash from disgruntled punters after an incredible run on the outcome of the woodiesdiy.com Christmas Hurdle race.
The technical failure saw a total of GBP 1 642 094 matched at 28-1 on Voler La Vedette, a clear contender to win early on in the race, that would have seen Betfair exposed to hundreds of millions if the money had been matched.
A Betfair customer services statement read:
"Customers betting in-play on this race will have seen that Voler La Vedette was available to back at 29 when the in-running market was suspended, and that a considerable sum was matched on the clear winner at that price.
"An investigation has revealed that this was due to an obvious technical failure which allowed a customer to exceed their exposure limit.
"In accordance with our terms and conditions, all in running bets on this race, both win and place, will be made void.
"We fully appreciate the dissatisfaction this will cause many customers, and apologise for a very poor customer and betting experience."
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Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
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The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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