New Posts For Thread: Betfair's 'ex gratia' paymentshttps://community.betfair.com/general_betting/go/thread/view/94082/28835613/betfairs-ex-gratia-paymentsSince the 2.00pm race at Leopardstown on 28 December 2011, we’ve looked in detail at all the circumstances surrounding the technology failure and the anomaly it created. In addition, we provided our Gibraltar regulator, the Gibraltar Gambling CommiYes that's the thing isn't it, when the trust has gone it's a long road back.https://community.betfair.com/general_betting/go/thread/view/94082/28835613/betfairs-ex-gratia-payments?post_id=515003767#515003767Yes that's the thing isn't it, when the trust has gone it's a long road back.Sat, 14 Jan 2012 06:46:37 -0600You're assuming "he" exists Gin.https://community.betfair.com/general_betting/go/thread/view/94082/28835613/betfairs-ex-gratia-payments?post_id=515003239#515003239You're assuming "he" exists Gin.Sat, 14 Jan 2012 06:25:51 -0600Eddie the eagle13 Jan 12 11:15Joined:01 Feb 04| Topic/replies: 4,559 | Blogger: Eddie the eagle's blogI guess not as all bets matched after that bet was placed were voided.It could be argued that the first £1k (or whatever amount was in his account)https://community.betfair.com/general_betting/go/thread/view/94082/28835613/betfairs-ex-gratia-payments?post_id=515002363#515002363Eddie the eagle13 Jan 12 11:15Joined:01 Feb 04| Topic/replies: 4,559 | Blogger: Eddie the eagle's blogI guess not as all bets matched after that bet was placed were voided.It could be argued that the first £1k (or whatever amount was in his account)Sat, 14 Jan 2012 05:49:38 -0600The one decision that means anything is the un-voiding of the place market. Why bf _ever_ thought that a market in which a rogue offer had not been put up shd have been voided is beyond me. Of course bot and derivative-pricing players are hurt, but thttps://community.betfair.com/general_betting/go/thread/view/94082/28835613/betfairs-ex-gratia-payments?post_id=514986379#514986379The one decision that means anything is the un-voiding of the place market. Why bf _ever_ thought that a market in which a rogue offer had not been put up shd have been voided is beyond me. Of course bot and derivative-pricing players are hurt, but tFri, 13 Jan 2012 17:44:46 -0600Why wouldnt the place market get voided? The prices in there are directly seeded from the win market -it's a pure derivative which was obviously being affected by the rogue bet. If it WASNT voided, can you imagine the amount moaning in here?Would youhttps://community.betfair.com/general_betting/go/thread/view/94082/28835613/betfairs-ex-gratia-payments?post_id=514960851#514960851Why wouldnt the place market get voided? The prices in there are directly seeded from the win market -it's a pure derivative which was obviously being affected by the rogue bet. If it WASNT voided, can you imagine the amount moaning in here?Would youFri, 13 Jan 2012 05:31:34 -0600I guess not as all bets matched after that bet was placed were voided.https://community.betfair.com/general_betting/go/thread/view/94082/28835613/betfairs-ex-gratia-payments?post_id=514960487#514960487I guess not as all bets matched after that bet was placed were voided.Fri, 13 Jan 2012 05:15:57 -0600Just out of interest......Did the guy whose account caused all this trouble lose his £1k balance?https://community.betfair.com/general_betting/go/thread/view/94082/28835613/betfairs-ex-gratia-payments?post_id=514960169#514960169Just out of interest......Did the guy whose account caused all this trouble lose his £1k balance?Fri, 13 Jan 2012 05:02:10 -0600Why wouldnt the place market get voided? The prices in there are directly seeded from the win market -it's a pure derivative which was obviously being affected by the rogue bet. If it WASNT voided, can you imagine the amount moaning in here? Personalhttps://community.betfair.com/general_betting/go/thread/view/94082/28835613/betfairs-ex-gratia-payments?post_id=514959501#514959501Why wouldnt the place market get voided? The prices in there are directly seeded from the win market -it's a pure derivative which was obviously being affected by the rogue bet. If it WASNT voided, can you imagine the amount moaning in here? PersonalFri, 13 Jan 2012 04:33:04 -0600Sorry, "lay it as well" should read "back all the others as well".https://community.betfair.com/general_betting/go/thread/view/94082/28835613/betfairs-ex-gratia-payments?post_id=514958313#514958313Sorry, "lay it as well" should read "back all the others as well".Fri, 13 Jan 2012 03:43:57 -0600The moral of the story is, next time a VLV happens don't just back it, lay it as well. It's just like the city, you can only win.https://community.betfair.com/general_betting/go/thread/view/94082/28835613/betfairs-ex-gratia-payments?post_id=514958249#514958249The moral of the story is, next time a VLV happens don't just back it, lay it as well. It's just like the city, you can only win.Fri, 13 Jan 2012 03:39:57 -0600