Skip to main content

ouch - that's gotta hurt!





No dodgy betting plunges here, but how on earth anyone could tip this as a winner other than using the theory of complete randomness in juvenile hurdles is beyond me. Usually horses matched at 1000 that win get matched for pennies in-running, this was a Betfair SP of 1000 (vs bookies SP of 200/1). Trained by Jennie Candlish, ridden by A O'Keefe. Sorry, never heard of either of them... until now.

Bolted in by nine lengths as well. Cue Betfair sending out a press release to boast about 400% better odds on a horse which probably five people backed in the entire country......
Labels:

Comments

  1. The Geek30 October 2010 at 04:47

    Cue the BHA then demanding the difference.

    ReplyDelete
  2. Wayward Lad31 October 2010 at 18:33

    Jenny Candlish is a trainer that you do not underestimate, and she certainly knows how to pick a horse. That said, 10 years ago this horse would have been at odds of 33/1 but Betfair allows bookies to lay at odds much longer and then "lay-off".

    ReplyDelete

Post a Comment

Thanks for your comments, but if you're a spammer, you've just wasted your time - it won't get posted.

Popular posts from this blog

Spot-fixing - you will never, ever be able to stop it

According to this report , IPL tournaments so far have been rife with spot-fixing - that is fixing minor elements of the game - runs in a single over, number of wides bowled etc. The curious part of that article is that the Income Tax department are supposed to have found these crimes. What idiot would be stupid enough to put down 'big wad of cash handed to me by bookie' as a source of income? Backhanders for sportsmen, particularly in a celebrity- and cricket-obsessed culture like India are not rare. They could come from anything like turning up to open someone's new business (not a sponsor, but a 'friend of a friend' arrangement), to being a guest at some devoted fan's dinner party etc. The opportunities are always there, and there will always be people trying to become friends with players and their entourage - that is human nature. This form of match-fixing (and it's not really fixing a match, just a minor element of it) is very hard to prove, but also,
Post a Comment
Read more

It's all gone Pete Tong at Betfair!

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
14 comments
Read more

lay the field - my favourite racing strategy

Dabbling with laying the field in-running at various prices today, not just one price, but several in the same race. Got several matched in the previous race at Brighton, then this race came along at Nottingham. Such a long straight at Nottingham makes punters often over-react and think the finish line is closer than it actually is. As you can see by the number of bets matched, there was plenty of volatility in this in-play market. It's rare you'll get a complete wipe-out with one horse getting matched at all levels, but it can happen, so don't give yourself too much risk...
33 comments
Read more