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whats the biggest mistake ever

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Replies: 115
By:
Don No1
When: 05 Apr 11 14:09
Indeed but this thread is about mistakes/misclicks, matching prices away from the prevailing market price which is owing to one person

My biggest error was for 2.4k trying to centre my trading ladder, I clicked about 1mm too far to the right causing me to fire in a lay bet.  But for some reason I double clicked so I had 2 lay bets I didn't want.  That was around the market price, would have been more manageable if Higgins hadn't made a ridiculous double the full length of the table meaning I could only get around half of the lay bet out 10 ticks lower before the market collapsed
By:
Lex
When: 05 Apr 11 14:19
Ok - we can 'assume' then.

My biggest loss was a green up that a bot made... except that it was too slow and it was actually red.

400 quid which was most of my bank. Now that hurt.
By:
ocean0201
When: 05 Apr 11 19:11
my biggest mistake was placing few large bets on outsiders on basketball game at 3 AM and then falling asleep because of the few pints i had earlier... woke up next day to see a big hole in my bank.... stay away from late night basketball now
By:
Just Checking
When: 05 Apr 11 22:07
ocean : That's why we should have breathlysers attached to our computers.
Or maybe a sort of dead mans handle that automatically greens up if no pressure for 5 minutes past midnight? :)
By:
chandla1980.
When: 05 Apr 11 22:14
Today i lost £498 when Millito scored for inter. I was using betfair mobile and went to stick up a £250 lay at odds of 2.0, unfortunately for me, i did them the wrong way round and so layed odds of 250 for a £2 stake, by the time i realised what id done, the bet got snapped up. Go on the football forum, ive put up a thread and so has the guy who took my bet and won.
By:
Paulol
When: 06 Apr 11 01:09
investor im willing to donate 1000 pounds to a charity of your choice if u let me work shadow you for a few days

i would match that!!

tobermory - what department do u work in for sky? is that up in scotland?
By:
RMB ©
When: 06 Apr 11 01:13
Using the normal interface I once didn't press the decimal point button hard enough and fired in a 20.0 lay for £1k instead of 2.0 lay. Thankfully it was an immensely illiquid side market and the damage was minimal. I've won a £k here or there over my time thanks to mistakes but never picked up the jackpot.

There was a match during the World Cup a while back where all the correct scores were layed at 999/1 for £100.
By:
viva el presidente!
When: 06 Apr 11 01:59
my worst misclick loss was laying 200 quid at 2.0 on a draw no bet market when I was trying to get 1.01 (correct price was 1.015). firefox had ground my whole system to a near halt so i placed the bet through GT and, well, it wasn't refreshing as quickly as it ought to have.

hey ho, lesson learned. but it confirmed me in my opinion that the trap bet layers are the lowest of the betfair low.
By:
rink rat
When: 06 Apr 11 06:49
Head down , announcer said game was over(never trust those idiots). Looked up and saw a pass and a 3 point shot at buzzer. Lost 4k, once clicked over instead of under by mistake 5K.
By:
Lori
When: 06 Apr 11 10:22
Back before the dawn of time (Around 2005 or so) when bots were less commonplace, someone had written an overround bot to scour the site.

It went crazy backing the UEFA cup at 90% collecting lots of green along the way.

Suspect the owner was rather upset when he found the rules that the losing Champions league teams were still to be added to the market.
By:
the silverback
When: 06 Apr 11 13:07
Wasn't there a pretty epic situation where loads of guys thought they'd beaten the book on first goalscoer bets but forgot to take into account that all listed wouldn't necessarily play. Or something like that.
By:
noukari
When: 06 Apr 11 14:10
^ that was the 'moneysavingexperts' Laugh the thread is an amusing read
By:
Eldrick
When: 06 Apr 11 15:46
Carling cup final 2007, MSE forum boiled over as they all piled in laying a 140% book containing lots of players who weren't going to start (those bets would get voided) - so they thought they were locking in lots of free money until the starting line ups were announced, non runners came out and all their lovely green turned to nasty red and it eventually dawned on them what they'd done

http://forums.moneysavingexpert.com/showthread.php?t=386063
http://forums.moneysavingexpert.com/showthread.php?t=386241

Most of them got away with it then, losses limited to bf balance only despite many of them having done plenty more. Bf's fault in a way.
By:
Banks.
When: 06 Apr 11 16:21
Same thing happened with a NZ v OZ ODI when someone was laying all runners in the top batsman market in what appeared to be a 105% book.

Hayden was a named runner but was injured and didn't play turning the layers green book into collosal red.

From memory it was 1 backer who drip fed the layer. The sums involved were tens of thousands which was something of a shock to the layer who admitted on the forum that he only had something like £50 in his account.

I think BF paid the backer and changed the rules so that it couldn't be repeated.
By:
1.01 Layer
When: 06 Apr 11 19:08
Biggest personal mistake was for £900 on an IP basketball overs bet, where I quite simply misread the scores on the poor quality feed I was watching. Cry
By:
Eldrick
When: 06 Apr 11 19:32
banks, i believe that involved a poster called brad who supposedly tricked another poster called systematik

i think that bf stipulated that all parties were not to talk about the matter post settlement, brad possibly got kicked out

some people suggested at the time that the two users could have been in cahoots
By:
hasty
When: 06 Apr 11 20:05
taking the dog for awalk when the wife said she had a pain in the chest
By:
Banks.
When: 06 Apr 11 20:33
I did wonder whether the 2 sides were colluding with the cricket bet.

If you were the one to realise the error you would only need to find a friend who couldn't be connected with you ie not showing on same IP address etc and you could have run up a massive position.
By:
diggler
When: 07 Apr 11 12:46
some bot backed the scorecast market into 100% when only a handful of players were listed in a birmingham city match earlier this season (or maybe late last season). one forumite had a six figure green if non of the named scorers scored first for minimal liabilty. unfortunately for him and lucky for the bot owner cameron jerome scored first who was listed. That would have been carnage on the MSE scale.
By:
Ernie__Bert
When: 07 Apr 11 22:02
YEAH JOINING BETFAIR
By:
turtleshead
When: 07 Apr 11 23:13
diggler, I think that was layer1982, wasn't it?
By:
mikenz
When: 08 Apr 11 11:57
Biggest mistake............. i blame my mother, many years ago when i was about 9 was taken to races, have been fascinated  since by things of a betting varierty lol................... but all is forgiven because if the west tigers win and it is looking like they will i will be 40 bucks better off lol after all these years.
By:
Sandown
When: 08 Apr 11 12:29
whats the biggest mistake ever

Erm, Mr Hitler impregnating Mrs Hitler, perhaps?
By:
Blades
When: 08 Apr 11 13:02
there was a horserace a few weeks back where the 6th placed horse was backed for large down to 1.02 yards before the finishing line. It had very similar colours to the winner...Sad
By:
llama1
When: 08 Apr 11 21:54
I guess I might as well join in with my own personal "Horror Story"......

U.S. Open Golf 2009.

I was very "Happy" with myself watching a FAST feed from ROUND 2 when Tiger Woods fails to birdie his FIRST HOLE of the day. I was able to grab the "Free Money" available @ 100.0 for £150 in the hole by hole betting for Tiger Woods. As far as I was concerned, the easiest £150 I have ever made on Betfair......

It was eventually shown on Sky Sports and I became slightly nervous when Betfair did not suspend the market.

Then of course it dawned on me that Tiger had teed off on the 10th hole.

I am now looking at a  MINUS £15K RED on Tiger birding the REAL FIRST HOLE.

Not to worry I thought. Tiger had DOUBLE BOGEYED the real first hole on the first day and he double bogeyed the first hole on days 3 and 4 (Not that I knew that of course).

A massive relief when Tiger tees off on the tough REAL first hole and his ball ends up on a man hole behind a tree.

The birdie odds go out to 30.0. Do I red up for -£500? Obviously not, not even Tiger can get down in 2 from hehind a tree with a bad back......

Tiger now goes on to play the BEST ever Golf Shot and lands his ball on the edge of the green some 40 feet away. Once he managed to do that, it was obvious to me that there was only going to be one outcome......Tiger sinks the 40 footer for an amazing birdie for -£15K for me......
By:
turtleshead
When: 08 Apr 11 22:19
What were the odds on the 40ft put being holed - did you consider redding out before it was hit?
By:
llama1
When: 08 Apr 11 23:06
Hi Turtle,

Liquidity wasn't great, especially since people know that the Sky pictures are a good 60 seconds behind real time.....I think from memory there were a few pounds at something like 8.0 for the birdie......
By:
Lori
When: 09 Apr 11 09:57
Always interesting when an 00'er speaks up with a story, cheers llama.... hopefully the fact you're still here means you've done okay since!
By:
The Investor
When: 09 Apr 11 16:39
60 seconds!!! in other words completely useless. Think the football is bout 7 secs behind.
By:
Just Checking
When: 09 Apr 11 17:27
One of the annoying things about losing good old terrestrial is the analogue pictures were about as fast as you could get.

Anyone who ever had a digital telly in one room and ye olde signal telly in the next on same program will know what I'm on about.
Echo... Echo ....
By:
llama1
When: 09 Apr 11 20:50
Fortunately, analogue switch over does not start until April 4th 2012 in the London area (Crystal Palace transmitter)......

Here is the link to show the timetable by area......

http://www.digitaluk.co.uk/when_do_i_switch
By:
tobermory
When: 10 Apr 11 01:03
Can imagine the grin on the guy's face when he sees someone has matched his £150 @100 before he has even teed off

What would the true odds have been, about 3.5?
By:
Rocket to the FACE
When: 10 Apr 11 02:05
I bet the guys who got his lay were laughing as well !
By:
Rocket to the FACE
When: 10 Apr 11 02:05
lays*
By:
quin0607
When: 10 Apr 11 02:15
was betting on an inplay tennis match a couple of months ago and a bloke was 150 to 1 so i put 2 quid on, 20 minutes later there still hadnt been a point played and they were still in the middle of the 2nd set, his odds dropped down to 16 to 1 and i greened out for 45 quid and about 3 hours later the game finally finished haha havent got a clue what was going on
By:
Lori
When: 10 Apr 11 13:07
The Investor Joined: 05 Jun 06
Replies: 4516 09 Apr 11 16:39   


60 seconds!!! in other words completely useless. Think the football is bout 7 secs behind.
 


60 seconds isn't a disaster in golf as long as there aren't too many in contention. You get minutes between shots so you can still bet at neutral periods as long as you're aware of how far behind you are.
By:
llama1
When: 11 Apr 11 01:06
I quite agree, Lori.....With so many in contention in this evening's US Golf Masters Final Round, it was virtually impossible to trade even with only a 3 or 4 second delay on Radio 5 LIVE......

There was so much happening....The Outright market was even at percentages of 104% on the LAY side for quite long durations at times (Obviously NO X-Matching on that Market)......
By:
JonHig.
When: 19 Apr 11 04:08
Coming to live in the PhilippinesLaughLaugh
By:
casemoney
When: 13 Jun 15 18:11
Happy interesting thread
By:
naydam
When: 13 Jun 15 23:13
It's probably been posted but: Several years ago an unknown Russian athlete was priced as an outsider for an athletics event, a world-class meeting, I believe. The event had been won by another Russian woman for the last couple of times.
It's a shame that the bookies didn't realise that she had got married and was now competing under her married name. And winning! Laugh
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