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roida
22 Jul 14 20:00
Joined:
Date Joined: 12 Feb 11
| Topic/replies: 18,356 | Blogger: roida's blog
mind boggling eh
Pause Switch to Standard View i think bf been exposed there
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Report nuthouse July 22, 2014 8:05 PM BST
ok i going for a 50k win in the next race
Report mange July 22, 2014 8:06 PM BST
dont be foolish............
Report roida July 22, 2014 8:08 PM BST
so who's bot fcuked up...dat is de question Laugh
Report Gerbs July 22, 2014 8:09 PM BST
did you fill yer boots warrack

or be a DC like me and stop at 200 all green as theres soemthing wrong here and they wont pay out
Report elise July 22, 2014 8:09 PM BST
i can't see what they can void it for, the values whilst odd are not unrealistic, with vlv we were talking so much cash we couldn't even take it all
Report racingstar July 22, 2014 8:11 PM BST
What a time to take a dinner breakCry
Report roida July 22, 2014 8:11 PM BST
gerbs thats exactly what i said to the lads..be void daint waste ya time Cry
Report elise July 22, 2014 8:11 PM BST
and, it would be interesting this time if someone challenged it, two events where people supposedly avoided betfairs controls to lay large amounts not in their accounts.....mmmm
Report tomhunt July 22, 2014 8:11 PM BST
that's exactly it gerb,you get to a certain point and think do you know what can't be arsed anymore they will just voidCrazy
Report Wesdag July 22, 2014 8:15 PM BST
Don't forget, with the VLV debacle, BF didn't settle immediately.
Report roida July 22, 2014 8:16 PM BST
ive said for weeks something not right in running...soon as something hits front 2 out everything disappears for the rest..
Report racingstar July 22, 2014 8:16 PM BST
As I said earlier,if it a punters money you will get paid.
However,if it is BF's,you are a million to one.
Report elise July 22, 2014 8:17 PM BST
the critical point in that event was the claim that the layer didn't have the funds, but that loophole was closed, they reassured everyone shareholders, city the lot

they will struggle to reverse this and not get slaughtered in the press
Report Wesdag July 22, 2014 8:17 PM BST
Well maybe there's now been a market correction.
Report Daz7 July 22, 2014 8:18 PM BST
question is was it a betfair technical error? On the main betfair interface they did have Abou Ben as a non-runner on the market info page on the right - at the same time as they had it in the main market on the left...
Report Gerbs July 22, 2014 8:18 PM BST
anyone know how much was matched overall
Report Big Boss July 22, 2014 8:19 PM BST
775k matched
Report Ekbalco July 22, 2014 8:20 PM BST
Think even if it's their money they'll have to take it on the chin.
Report swift-tuttle July 22, 2014 8:20 PM BST
is it something to do with the fact that Abou Ben is declared as a NR but it appeared in the BF market?
Report elise July 22, 2014 8:20 PM BST
betfair are def involved somewhere, just like last time
Report Ekbalco July 22, 2014 8:20 PM BST
Mind you should never underestimate what greedy weasels they are.
Report nuthouse July 22, 2014 8:21 PM BST
on phone now they say all bets stand up to now but they are looking in to it
Report book July 22, 2014 8:21 PM BST
bottom line is all horses that were down to run did & last time it was completely different as the money was up there from start to finish,this wasnt.
Report Big Boss July 22, 2014 8:21 PM BST
is it something to do with the fact that Abou Ben is declared as a NR but it appeared in the BF market?

it must be, only ever seen a blank back and lay box with a withdrawn horse before, they took an age to take it out pre race, tea break lol
Report elise July 22, 2014 8:23 PM BST
wait for the inept cries to start flying
Report nuthouse July 22, 2014 8:24 PM BST
spoke to two now and they say enjoy you half year xmas
Report book July 22, 2014 8:24 PM BST
abou ben was not a non runner,it was taken out by mistake but was reinstated & i got an email saying that all bets were void prior to abou ben being put in,all bets in running & after abou ben was reinstated will stand.
Report nicky27 July 22, 2014 8:25 PM BST
what actually happened ?? did some bot lay all the runners @ 100.0's plus for loads or something ??
Report Ekbalco July 22, 2014 8:28 PM BST
The IR Market was on crack - it was all over the place without rhyme or reason.
Report Big Boss July 22, 2014 8:28 PM BST
bot laid all runners down to 1.01 just after the off (not too massive amounts), then continued to back all runners, book % was about 170% all the way through the race
Report dustybin July 22, 2014 8:28 PM BST
perhaps that and the cross matcher just kept offering it over all the horses
Report elise July 22, 2014 8:29 PM BST
has more than one bot got freaked by betfairs c0ckup or just a lone loon?
Report nicky27 July 22, 2014 8:30 PM BST
dear me , thats insane , 170 % back market , thats the kinda market i like !! i wish i had more funds on my balance
Report Big Boss July 22, 2014 8:30 PM BST
Abou Ben definitely the cause, BF's market control depts ineptitude has cost someone a few bob
Report nuthouse July 22, 2014 8:30 PM BST
going of what they say right now enjoy your winning it a bot mess up coz of abou ben
Report Ekbalco July 22, 2014 8:31 PM BST
From behaviour of market - multiple BOT'S.
Report nicky27 July 22, 2014 8:31 PM BST
yeah , not only multiple bots , but someone with a huge balance to cover the liabilities
Report Big Boss July 22, 2014 8:32 PM BST
BOT's use betfair software to interact with the users bot software ?

bugs galore there
Report nuthouse July 22, 2014 8:32 PM BST
8 mil plus need to cover that lot so matbe its befair bot that messed up
Report Ekbalco July 22, 2014 8:32 PM BST
Bad luck for the money stealersLaughLaughLaugh
Report aye robot July 22, 2014 8:33 PM BST
My theory:

I think someone made a small mistake in a book-making bot that made it Back instead of Lay. That could happen quite easily if you copied and pasted your Json request (for example). Then the bets that that bot placed forced up the book percentage and the bot thought "hey happy times" and fired in more bets in a viscous circle. 

Whoever it was was a massive muppet - the coding mistake is understandable but not having safeguards in place to stop it from spiralling like that is incredibly dumb.
Report nuthouse July 22, 2014 8:34 PM BST
i feel like a mupet coz i stop at 200 winning and some have pocket 20k and been paid yp to now
Report VennOttery1981 July 22, 2014 8:34 PM BST
what about the purple site? they just mirror here so mess up over there also? doubt a bean gets matched IR there anyway
Report Big Boss July 22, 2014 8:34 PM BST
biggest fault is Betfair didn't suspend it immediately, anyone with a brain bigger than a pea could see what was happening Crazy
Report whats happening.. July 22, 2014 8:34 PM BST
The market was 200.1 percent all through the race
Report nicky27 July 22, 2014 8:35 PM BST
thats insane , some of u lot made 20k on a seller @ Ballinrobe ??
Report nicky27 July 22, 2014 8:35 PM BST
dear me , what a thing
Report elise July 22, 2014 8:36 PM BST
if they say they are looking at it in the next hour, you can bet your life it's betfair money
Report nicky27 July 22, 2014 8:36 PM BST
the winner of the race was still being laid at big prices when it became obvious who was gonna win, my bet is betfair will suspend all withdrawals/account affected by this mess up
Report book July 22, 2014 8:37 PM BST
why would betfair suspend,no reason to.
Report mandarin July 22, 2014 8:38 PM BST
tis likely bf own money and hopefully they taking it on the chin
Report book July 22, 2014 8:38 PM BST
no way its betfairs money
Report Wesdag July 22, 2014 8:38 PM BST
If it was BF, then why have they settled so quickly?

When it was VLV, the market was still suspended until the next day if I remember.
Report nuthouse July 22, 2014 8:38 PM BST
we will see tomoz if its there when all wake up a good few will behaving a party
Report dustybin July 22, 2014 8:39 PM BST
if it were bf's you honestly think they'd take it on the chin?
Report Big Boss July 22, 2014 8:39 PM BST
cant be bf's money, they have paid out Laugh
Report book July 22, 2014 8:40 PM BST
exactly wesdaq,that was a completely different case
Report Gerbs July 22, 2014 8:40 PM BST
they have never taken it on the chin before
Report racingstar July 22, 2014 8:40 PM BST
Indeed,Dusty.
The verminous dogs would "knock" the Pope if they got the chance.
Report mandarin July 22, 2014 8:40 PM BST
if it were bf's you honestly think they'd take it on the chin?

yep
Report Big Boss July 22, 2014 8:42 PM BST
no service announcement yet ?
Report Wesdag July 22, 2014 8:45 PM BST
Saying what "Someone's bot messed up (not ours) so enjoy your winnings".
Report Darlo Bantam July 22, 2014 8:49 PM BST
Bots have messed up in the past and BF paid out. It will continue to happen.
Report elise July 22, 2014 8:52 PM BST
some bots are more equal than others imo
Report frog2 July 22, 2014 8:52 PM BST
I guess it depends if the right information was being returned by the API.
Report roida July 22, 2014 8:59 PM BST
they settled to quick to be bf money...imo
Report aye robot July 22, 2014 9:02 PM BST
The API was fine - see my theory above Frog.
Report elise July 22, 2014 9:02 PM BST
maybe, but you'd expect some account manager is getting the roasting of his life is it's a big punter

could be one part of betfair running the bot that the settlers just didn't know had had an issue, still think if that's the case they will freeze it and then if it's bf cash they wriggle off, but if it's a punter they will be checking the t&cs are tight lol
Report roida July 22, 2014 9:08 PM BST
if was bf prob payment would still be pending..imo
Report elise July 22, 2014 9:11 PM BST
i guess steve, just feels like it is set to run even if it's out of public view
Report roida July 22, 2014 9:15 PM BST
ExcitedCool
Report racingstar July 22, 2014 9:15 PM BST
I sincerely hope that it is a number of Bots malfunctioning and they have to pay outHappy
Report elise July 22, 2014 9:17 PM BST
if your bot had been spanked by a betfair market error would you accept it rs?  they may have to but i bet there's some heated calls taking place if that's the case
Report Kriskin July 22, 2014 9:18 PM BST
racingstar - Can u please give me some more info on what happened during the race? I get the jist at a high level.  Any assistance would be much appreciated
Report frog2 July 22, 2014 9:19 PM BST
Were API-NG and API6 both sending out the correct information about the non-runner being put back in? It seems a big coincidence that this happened on a race a non-runner appears to have been taken out incorrectly for a time.
Report dave1357 July 22, 2014 9:25 PM BST
Would the bot have a created a negative balance on its account or was it all real money it lost?
Report Tom July 22, 2014 9:26 PM BST
It should be noted that telbet/helpdesk etc wont have a clue what has happened. Neither will the operators who will have managed/settled the markets. I suspect the **** is hitting the fan as we speak although nothing would be sorted until tomorrow.
Report racingstar July 22, 2014 9:31 PM BST
Kriskin,
Due to starvation I stopped for dinner and missed the race.
Regretably,I can only speak from past experience.
However,Frog's "incorrect non runner" theory seems the most likely explanation.
I will stand by my previous statement of,"if it is BF's Bot you will not get paid" and the opposite if it is a number of users Bots.
Report racingstar July 22, 2014 9:33 PM BST
Dave,
How can you bet with money not in your account (unless,of course,you happen to be BF)Happy
Report dave1357 July 22, 2014 9:37 PM BST
was thinking that it somehow appeared to be greening up so it thought it was eg 100k up when it was 100k down
Report racingstar July 22, 2014 9:47 PM BST
The money would still need to be in the account,Dave.
If it was,he has lost it.
Report Kriskin July 22, 2014 9:49 PM BST
cheers racing.  I missed it myself.  I was involved in the VLV debacle at Leopardstown from a few seasons ago.  Will this out come be any different??
Report racingstar July 22, 2014 9:52 PM BST
Kris,
I never believed the VLVD explanation and still do not.
If it is users money the payout will stand.
If it is BF's you know what will happen.
Report Da Special 1 July 22, 2014 9:54 PM BST
Can anyone explain to me why the bet were been matched when they were. I tried to lay one horse 2f out and it was 1000s (rightly so) yet when I went to lay the eventual 5th 1f 1/2 out I got matched at 1.03. How come some horses were 1000s on the run in yet some with an equal chance which was none trading at 1.03.
Report racingstar July 22, 2014 9:56 PM BST
Who but a "Bot Geek" could explain a Bot malfunction,Da?
Report Tom July 22, 2014 10:01 PM BST
Racingstar,

The VLDV explanation was true. The problem is how Betfair deals with these issues. If this problem does relate to a non runner no doubt BF will do all they can to sweep it under the carpet rather address their own failings.
Report racingstar July 22, 2014 10:02 PM BST
You have got the last bit right,TomHappy
Report Da Special 1 July 22, 2014 10:08 PM BST
True Racing, you got any theory on it though? I actually didnt see the full race in-running so missed all of what happened at the start of the race. The market was obviously misbehaving all race but it certain circumstances in the run it was business as usual.
Report Kriskin July 22, 2014 10:13 PM BST
TOM - the VLVD out come was a DSGRACE.  Prices should not be available if NO money in the account to cover it.  How mnay times has this happened and they have NEVER had to pay out as the horse lost?  Did the losers get their money back as the account which laid them didn't have the funds to cover it.  I don't think so
Report racingstar July 22, 2014 10:17 PM BST
When is bet Matched?
Answer;Whenever BF did not Lay itSad
Report big aitch July 23, 2014 6:58 AM BST
the only horse apart from the winner I got matched IR at low odds was I C Gold. I back and lay IR so it must have just been the laying at the start.

What it probably did was set off any triggered field back bets that a lot of people had set, so I would think a lot of customers were hammered by betting at odds that usually only get matched very late on. I do it myself sometimes and even if you set the liability gruss still ignores it.
Report dustybin July 23, 2014 8:06 AM BST
The industry isn't properly regulated to get to the bottom of any goings on, imagine this occurring on the LSE, its as though for some reason money in these markets are inconsequential.
Report Tom July 23, 2014 9:42 AM BST
Kriskin,

The point with VDLV was that an account had a technical glitch that allowed it to place the bets that were placed without the money actually being in the account. Normally bets cant be placed unless the money is in the account. Hence the biggest disasters only happen to those with huge balances. I know some people used to leave money in the Aus wallet to help prevent this type of thing. i.e. to limit their current balance without having to go to the trouble of depositing and withdrawing large sums.

AFAIK it was the only time it had ever happened and hence why it was such a disaster. I remember hearing that one of the problems that Betfair has from a technology point of view is that when it was first setup people would put numbers into code that they thought would never be reached. Say 100 million in terms of numbers of bets matched (I am no technical expert but I believe an upper limit would have to be used). Once those limits are reached is when things like site outages occur. Betfair had no idea what these numbers were. That was certainly the case for one of the biggest outages a couple of years ago.

I believe that some people were given refunds depending on their positions.
Report racingstar July 23, 2014 10:50 AM BST
Tom,
Do you believe that the Backers would have got their money back if VLVD had fallen at the lastHappy
Report joe39 July 23, 2014 11:13 AM BST
Could this morning's maintenance be anything to do with last night's events? BF is still playing up.
Report Tom July 23, 2014 11:33 AM BST
RS,

I do actually although it ultimately comes down to a management decision. BF tend to be a lot fairer with these types of things then people realise. In this situation they have rules they can hide behind to make the right decisions. The bigger problems come when BF feck up themselves (no rules to hide behind) and are suddenly liable for large sums of money.
Report racingstar July 23, 2014 11:42 AM BST
They would then invent a story that the account holder had a poxy £1,500 balance,Tom,imoSad
Report Oh no!! not another Villa fan July 23, 2014 11:43 AM BST
I will be delighted if someone has lost a small fortune with their thieving bots.
Report TRD.Racing July 23, 2014 12:48 PM BST
Betfair was supposed to be punter v punter,opinion v opinion,sadly it has evolved into fast pics v slow pics and bot v bot. Most on here just want to thieve and not have a bet
Report swift-tuttle July 23, 2014 12:52 PM BST
If I back (or lay) a horse pre-race and am quite satisfied with the price that I get, in what way have I been thieved?
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