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whats the biggest mistake ever

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Replies: 115
By:
Dav_vin03
When: 14 Jun 15 00:30
Eve eating the apple
By:
pxb
When: 15 Jun 15 03:09
About 5 years ago in a low volume cricket match (Bangla and somebody), which had only traded a few thousand, some money went up at clearly too generous a price. I and a couple of others started hitting it and it kept getting replenished. Roughly AUD70k traded. I know one person took 30k and then took the dog for a walk as the result wasn't certain. It turned out a winner for me and the others who took the 70k. Must have been a bot from someone with deep pockets. Never seen that repeated.
By:
Senyatta
When: 15 Jun 15 18:06
https://www.youtube.com/watch?v=kKUHDQkItUA

fast pic guys didnt realise that you can put side on a cue ball. should have waited eventhough there was no angle for the in-off. 12k busted at 1.01 and a few k at 1.02. also would have been free money in the match markets as it was the last shot of the match.

always have to be careful on here especially in play as things move so quickly its easy to slip up. some horror stories on here but its just money at the end of the day
By:
PeteTheBloke
When: 15 Jun 15 18:54
but its just money at the end of the day

That's the mantra of a real gambler. It comes second only to, "I'm playing with the bookies' money now".
By:
Senyatta
When: 15 Jun 15 20:09
when you react to a bad beat or a loss you are in serious trouble. gotta throw emotions out the window. all these horror stories with amounts lost were due to errors. id like to think the losing gamblers didnt let it affect their next bet. some stories are even worse with people offing themselves after a bad beat. crazy stuff.
By:
TheVis
When: 15 Jun 15 21:22
Not biggest mistakes ever but some of my favs:

Somebody backing wrong event during Olympic rowing. Pairs was on and skulls being backed or vice versa.

Eng women v NZ women = NZ heavily backed pre-match into big odds on whilst Eng v NZ men was being played.  NZ women were about 10 point dogs for the game which was on right after the men played.

2008 famous rugby draw layer who got nailed in Salford v Celtic Crusaders final.  He had gone as big as 110 pre-match in a game that was handicapped at nothing more than one try between the teams, so real draw price prob about 20-25, especially given it was a final.
By:
Bayes.
When: 15 Jun 15 22:37
Last year I beat my biggest ever mistake.

I was setting up the Federer Berdych semi final market and went to lay them both at 1.01 in preparation for when the price got there the next day.

I backed both for 111k instead of laying.

Virtually no other bets in the market, no problem with the request from Betfair (how can you back both players in a two runner market at 1.01 simultaneously?)

I got the lot done at 1.05 average on Federer, about 6k the other side on Berdych.

SP on Federer was 1.86 so an instant 55k loss in equity.

I did actually ask Betfair to void. They refused. I then asked them to ask the other pro to agree to void. He refused.

I would like to think that in similar circumstances I would void.
By:
TheFear
When: 16 Jun 15 11:50
Disgusting from Betfair, especially if you're a big liquidity provider and considering it's 1.01 they have helped others out.

However, you must have far too much money if you can make mistakes like that. People are walking the streets around here looking for coins in the parking meters,,,,,
By:
TheFear
When: 16 Jun 15 11:55
A good one in racing was the commentator calling the wrong horse in a sprint at Windsor. The race ended in a photo finish.

The 'real' winner fluctuated between 1.01 and 1000 as some people had the right horse, while others thought it wasn't even in the photo.

From memory the real winner and the wrongly called horse were both 1.01 at the same time in the photo betting.
By:
sheppy123
When: 16 Jun 15 14:17
I only have several hundred quid in my account which is a good job cos I can't tell you the amount of times I've accidently tried to lay instead of back huge odds!

Being so friendly I treated my mate to a bet on the 2014 Grand National. Rushing, I layed it & if McCoy had've won it would've cost me loads!
By:
jodean
When: 16 Jun 15 18:23
Plain
By:
Darlo Bantam
When: 16 Jun 15 21:50

Jun 15, 2015 -- 10:37PM, Bayes. wrote:


Last year I beat my biggest ever mistake.I was setting up the Federer Berdych semi final market and went to lay them both at 1.01 in preparation for when the price got there the next day.I backed both for 111k instead of laying.Virtually no other bets in the market, no problem with the request from Betfair (how can you back both players in a two runner market at 1.01 simultaneously?)I got the lot done at 1.05 average on Federer, about 6k the other side on Berdych.SP on Federer was 1.86 so an instant 55k loss in equity.I did actually ask Betfair to void. They refused. I then asked them to ask the other pro to agree to void. He refused.I would like to think that in similar circumstances I would void.


Kind of begs the question, can you claim the normal bookies get out of "palpable error"?

By:
Capt__F
When: 18 Jun 15 00:06
No.

To get out of jail with that card you must be registered with The GC as a bookmaker, pay
the appropriate annual fee and be subject to inspection.
By:
Darlo Bantam
When: 18 Jun 15 00:08
I thought there must be a sensible explanation.
By:
fixed
When: 21 Jun 15 20:32
"I would like to think that in similar circumstances I would void."


embarrasing statement.....even the real Bayes would have rejected to calculate a probability for that
By:
fixed
When: 21 Jun 15 20:32
"I would like to think that in similar circumstances I would void."


embarrasing statement.....even the real Bayes would have rejected to calculate a probability for that
By:
Janthefish
When: 22 Jun 15 10:12
"I was setting up the Federer Berdych semi final market and went to lay them both at 1.01 in preparation for when the price got there the next day."

Why bother when you'd happily agree to void any bets you happened to lay?
By:
duncan idaho
When: 22 Jun 15 14:43
err, that's obviously not what he's saying, jan
By:
fixed
When: 23 Jun 15 00:52
but he is saying "i am the good guy, my traps aren't meant to do any harm"

in reality if he is who he claims to be he has won tens of thousands from mistakes himself



and that's okay, there is no Goldman Sachs who can use muscle to void anything they don't like afterwards on THIS exchange...a bet is a bet and a mistake costs money......but just don't pretend to be better than the rest of us
By:
Janthefish
When: 23 Jun 15 08:47
I was being a bit sarcastic
By:
casemoney
When: 22 Mar 16 01:21
ttt
By:
CLYDEBANK29
When: 22 Mar 16 18:12
Japanese bombing Pearl Harbour quite a big mistake
By:
Westender
When: 22 Mar 16 23:03
The link below contains the worst error in the history of Betfair

http://www.dailymail.co.uk/news/article-2079497/Bookmakers-Betfair-face-backlash-Leopardstown-play-betting-error.html
By:
oldbean
When: 01 Apr 16 15:20
Last year I beat my biggest ever mistake.I was setting up the Federer Berdych semi final market and went to lay them both at 1.01 in preparation for when the price got there the next day.I backed both for 111k instead of laying.Virtually no other bets in the market, no problem with the request from Betfair (how can you back both players in a two runner market at 1.01 simultaneously?)I got the lot done at 1.05 average on Federer, about 6k the other side on Berdych.SP on Federer was 1.86 so an instant 55k loss in equity.I did actually ask Betfair to void. They refused. I then asked them to ask the other pro to agree to void. He refused.I would like to think that in similar circumstances I would void.


Kind of begs the question, can you claim the normal bookies get out of "palpable error"?
------------------------------------
this gent made his own mistake
often palpable errors are make my 18 year old data entrants on minimum wage..
By:
freddiewilliams
When: 01 Apr 16 15:46
kiltullagh vic.....several weeks ago.....-400k for one or 2
By:
DIFERENT GRAVY 12
When: 17 Jun 19 15:55
What happened to Janthefish?
By:
Dr Crippen
When: 29 Jun 19 14:47
Wisdom there from Do wah Diddy.
By:
Bud
When: 30 Jun 19 12:13
In the early years of Betfair there used to be a thread where people were trading football matches in play. I remember two of the regular contributors were porkboy and starbuck (this thread has long since disappeared). Anyway one Saturday Man U were playing Southampton at Old Trafford in a FA Cup quarter final (this is when Southampton were in the lower division). Half way through the second half Man U score a third goal to go 3-0 up and starbuck decides to put £7K on Man U at 1.01. Unfortunately in his rush to get to the front of the 1.01 queue he hits the wrong button and instead off backing Man U for £7K at 1.01 he backs Southampton instead! He wasn't joking cos I looked at the graph. All his £7K was eaten up by the bots in a matter seconds at all prices down to 1.01.
By:
tobermory
When: 17 Dec 19 21:50
Last week I was watching TV and also  reading something when i had the idea of placing a £2 bet @240 on the Brooklyn Nets to win the NBA.

Of course I managed to submit a £240 bet at Evens which was fully matched at a variety of dreadful odds.
By:
Latalomne
When: 18 Dec 19 10:40
If you haven't backed at short odds when meaning to lay or laid at huge odds when meaning to back, you've not been here long enough.
By:
ZEALOT
When: 21 Dec 19 10:36
The BRAZILIAN BRUSH saga was a bad one for some on here . It was a Monday if I remember correctly and Mike Cattermole called the wrong horse . 1000s traded at very low odds .
By:
Schalke 04
When: 22 Dec 19 13:17
I reckon most have done a massive mistake on Betfair. Similar to the Man U story above I managed to lose £1000 by trying to be too quick. The year Liverpool played TNS in Champions League when they were given an extra spot Liverpool went 3-0 and I tried to lay the draw to grab an easy £10 but because rushing so quick and not concentrating I placed £1000 on the draw and was instantly matched. I phoned Betfair in a pure panic and they said sorry, nothing we can do. At the time other forum member just said to me "you are now a proper Betfair user" ExcitedLaugh
By:
somemuppet
When: 22 Dec 19 22:48
Biggest mistake i made was opening an account in 2003. 16 years later i am bust.
By:
Mr Ed
When: 23 Dec 19 17:06
Years ago I was contacted by a lawyer from betfair threatening me with all kinds unless I agreed to void all my bets on the NBA acca market.
I agreed because (as he pointed out) I knew what I was doing when taking the bets. I knew there was an issue with the market.
Also they had suspended it and I had been hoping to trade out for a few k profit. I was currently with a liability of about 8k or a profit of about 100k

They all won and I would have won over 100k.

At the time I thought it was the right thing to do. I thought some other poor soul had messed up. It was only after I thought about it I realised it was actually betfair that had automatched the majority of the bets.
By:
Shit_Happens
When: 26 Dec 19 23:39
Back in about 2005 I was watching an Arsenal game, they were winning. A couple of minutes left, boring game, Arsenal held the ball. No more goals was 1.07... Yep, I backed it for £250, Arsenal scored! £250 gone... Not the biggest loss, not even my biggest loss, but it was my first big loss, and it hurt.
By:
ZEALOT
When: 16 May 20 01:18
Bayes. You sound like an imbecile .
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