New Posts For Thread: Place markethttps://community.betfair.com/general_betting/go/thread/view/94082/28807147/place-marketCould someone with greater knowledge than me about these things explain why the place market had to be voided?Is it because people's bots work off the win market to derive place prices?If so, surely that's their problem?If the place market was linked to the win market,the place price for horses priced equally in the win market, would be same. That doesn't happen fromwhat I can see.https://community.betfair.com/general_betting/go/thread/view/94082/28807147/place-market?post_id=514963141#514963141If the place market was linked to the win market,the place price for horses priced equally in the win market, would be same. That doesn't happen fromwhat I can see.Fri, 13 Jan 2012 06:59:00 -0600I doubt we will ever find out - but whoever put up the lay should have lost their whole bank, whatever level it was at when the bet was placedhttps://community.betfair.com/general_betting/go/thread/view/94082/28807147/place-market?post_id=514926715#514926715I doubt we will ever find out - but whoever put up the lay should have lost their whole bank, whatever level it was at when the bet was placedThu, 12 Jan 2012 10:13:47 -0600did the account that placed the erroneous £600m lay, lose the amount that was in that account?If not, there is some protectionism going onhttps://community.betfair.com/general_betting/go/thread/view/94082/28807147/place-market?post_id=514925867#514925867did the account that placed the erroneous £600m lay, lose the amount that was in that account?If not, there is some protectionism going onThu, 12 Jan 2012 09:51:48 -0600*sorry compensated (might be different from getting paid)https://community.betfair.com/general_betting/go/thread/view/94082/28807147/place-market?post_id=514878665#514878665*sorry compensated (might be different from getting paid)Wed, 11 Jan 2012 09:27:22 -0600Place market bettors now being paidhttps://community.betfair.com/general_betting/go/thread/view/94082/28807147/place-market?post_id=514878553#514878553Place market bettors now being paidWed, 11 Jan 2012 09:24:49 -0600I have no financial interest in this whatsoever, but the decision on the place market seems to be a disgrace whereas I can understand the logic behind the main market even if I don't agree.https://community.betfair.com/general_betting/go/thread/view/94082/28807147/place-market?post_id=514391665#514391665I have no financial interest in this whatsoever, but the decision on the place market seems to be a disgrace whereas I can understand the logic behind the main market even if I don't agree.Fri, 30 Dec 2011 14:41:28 -0600The announcement makes clear that only one bet was problematic and that was in the win market. If people choose to bet in the place markets according to bets in the win markets, then that is their choice and their responsibility.Betfair's reasoning fhttps://community.betfair.com/general_betting/go/thread/view/94082/28807147/place-market?post_id=514386215#514386215The announcement makes clear that only one bet was problematic and that was in the win market. If people choose to bet in the place markets according to bets in the win markets, then that is their choice and their responsibility.Betfair's reasoning fFri, 30 Dec 2011 12:24:49 -0600They're protecting linking bots for some reason here, not sure what that reason would be but I'd like them to clarify what we can get away with when using derivatives automatically.https://community.betfair.com/general_betting/go/thread/view/94082/28807147/place-market?post_id=514386175#514386175They're protecting linking bots for some reason here, not sure what that reason would be but I'd like them to clarify what we can get away with when using derivatives automatically.Fri, 30 Dec 2011 12:23:28 -0600Their announcement states "We had to void both the win and place markets and, to be clear, we would have voided the race regardless of who had won and whether or not we had suspended these markets sooner. This is because the bet in question had signihttps://community.betfair.com/general_betting/go/thread/view/94082/28807147/place-market?post_id=514385899#514385899Their announcement states "We had to void both the win and place markets and, to be clear, we would have voided the race regardless of who had won and whether or not we had suspended these markets sooner. This is because the bet in question had signiFri, 30 Dec 2011 12:15:22 -0600A feeble statement from Betfair. They 'had' to void the place market. WHY? Explain plesae, Betfair.https://community.betfair.com/general_betting/go/thread/view/94082/28807147/place-market?post_id=514385831#514385831A feeble statement from Betfair. They 'had' to void the place market. WHY? Explain plesae, Betfair.Fri, 30 Dec 2011 12:13:24 -0600