General Betting
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£600 Million at risk - answers to questions required
£600 Million at risk - answers to questions required
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what happens to a planet when a species becomes evolved enough to totally change its enviroment
but not advanced enough to understand the long term effects will become the reality of our generations to come, both human and other bio members. |
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very true ghetto joe, the risk is beared by the customers every second of every day, but this is true in all eco-systems.
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maintaing a healthy enviroment for all is best and for gabling look no further
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*gambling
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fawwon posted this elsewhere so it may have been lying there for years.
fawwon 30 Dec 11 18:16 There was a bet years ago around this size(maybe bigger), that once popped up on a darts outright market involving Phil Taylor. Stayed up for a night, I must be the only person who remembers it. I did take a photo of it but can't find it. |
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ah yes rem it that big darts backer it was at the right side of a bet and as low as 1.03 it was 200 million or more wow time fly
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SoYouThink
31 Dec 11 12:23 Joined: 14 Jun 11 | Topic/replies: 344 | Blogger: SoYouThink's blog Slightly off topic but the markets in Europe and the euro are one thing that are massively affected by computer software with pre-programmed commands. Something triggers a drop in the euro's value vs the dollar. Someone's programme is designed to sell once the euro drops below a certain value, this pushes the euro's worth down further, so somebody else sells, and it drops again, and another person sells. This is roughly what provoked the 'flash crash' of May 2010. The Dow dropped about 1000 points and then rebounded within a few minutes. (I managed to nab 300 points in about 15 seconds). |
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I've posted this elsewhere.... why didn't the layer or his bot cancel the £21m bet?
Is it possible that BF's system fouled up so badly that it posted the bet as available and somehow misallocated it thus preventing the layer from cancelling immediately? There is a bug in the system when you exceed your balance with a lay bet. I've flagged it to BF previously but they claimed to be unable to replicate it. It's very easy though. 1. Place a lay bet that takes you to the limit of your account balance 2. Using the web interface, increase the price by a tick 3. Say OK to the message about balance being exceeded. 4. Bet is still shown in the list of unmatched bets 5. The bet has been cancelled, but if you click 'cancel' your betting frame freezes up |
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bf_fananatic 31 Dec 11 12:13
The most frightning scenario of automated madness is the amount of nuclear warheads that can be sent to there targets by a series of atomated detection ssytems around the world one i remember was the scud attacks on israel during the first invasion of iraq. the computers running the anti-missile detection had been left on continuously for longer than had ever been tested, a small error in the internal clocks had accumulated, and they were out of sync with real time to such an extent that they fired off at the scuds too late. so a few scuds got through until they figured out the computers needed a periodic reboot!  (i happen to know as the computers were the same sort that the systems i was maintaining were using ) |