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Speculative Bid ???

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Replies: 194
By:
Facts
When: 26 Jul 15 12:10
xmoneyx     25 Jul 15 19:11 
bet365 not refunding




They have me !
By:
xmoneyx
When: 26 Jul 15 12:12
nice

prob because of others bookies stance
By:
desperate
When: 26 Jul 15 12:38
Betfair sportsbook ---> Non runner
Betfair exchange --> Runner



So... LOL
By:
zipper
When: 26 Jul 15 12:45
Its very clear ....    the horse was a NR ....   and a Runner  that should clear things up .
By:
Facts
When: 26 Jul 15 12:46
Except  it's not funny is it. What's their reasoning for  this discrepancy ?
By:
11kv
When: 26 Jul 15 12:48
Zippa the voice of reason
By:
zipper
When: 26 Jul 15 12:49
Facts Only they know   us mugs have no idea
hope you did not pay out  twice

Come Racing  its a rip off
By:
goldstein.
When: 26 Jul 15 12:53
Betfair exchange awful cm service not voiding trades on Speculative Bid
By:
Darlo Bantam
When: 26 Jul 15 12:54

Jul 26, 2015 -- 12:53PM, goldstein. wrote:


Betfair exchange awful cm service not voiding trades on Speculative Bid


They can't because it was declared a runner in the end (I think) so layers will be demanding their money.

By:
FELTFAIR
When: 26 Jul 15 12:57
Under the BHA rules of racing the horse was declared a non runner but for betting purposes the horse was declared a runner.

What a complete joke.

I never had a bet in the race but in all my years of horse racing this is the worst incident regarding gambling I have ever come across.

Big repercussions for Ascot management personnel to follow and rightly so. No excuses.
By:
zipper
When: 26 Jul 15 12:57
11kv  its years since ive been racing in England   why the travel , the exes ,  poor value   halseto get a good bet on ...  the weather 
sit at home now  glass  or 2  of JD  ...  play on here  better prices  ..back or lay  ...
4.00  ITS over  most days  .. then  drinks in the summer house  ... I got a good life outside of Betfair
By:
zipper
When: 26 Jul 15 13:02
Goldstein.... betfair  are not bookies    they took the only course  open to them   it was a runner
think about this  their market was a million  plus
on course books    had nothing like that
By:
Oldgit1
When: 26 Jul 15 16:43
ZIPPER:
I go so that I can see the horses up close and note them for the future and for the atmosphere. I prefer to see it live and a can watch replays later. it is still a good day out.
By:
dave1357
When: 26 Jul 15 17:23

Jul 26, 2015 -- 12:57PM, FELTFAIR wrote:


Under the BHA rules of racing the horse was declared a non runner but for betting purposes the horse was declared a runner.What a complete joke.I never had a bet in the race but in all my years of horse racing this is the worst incident regarding gambling I have ever come across.Big repercussions for Ascot management personnel to follow and rightly so. No excuses.


yeah right - they'll maybe get sent on a course, if they can spare the time.  This is the 21st century no one ever takes responsibility for anything and hasn't done for years.

By:
Indian Ink
When: 27 Jul 15 13:38
this was a bit of a fiasco. Haven't seen anything like it from a betting view in over 25 years. Surely the post must have something to say about it?. I seem to have received my lay money from betfair on Speculative Bid and also had money refunded by bookies as a non runner. All seems a bit confusing. Maybe  J Spencer needs to be more awake at the start. clearly he loves hold up tactics and i wonder whether he is on the ball sometimes at the start/early part of the race. I mentioned before the race my only concern was the jockey. Lot of money for the horse and all.
By:
ashleigh
When: 27 Jul 15 13:44
is it correct that all bookmakers returned stakes on speculative bid?
By:
adge
When: 27 Jul 15 13:51
betfair didn't
By:
ashleigh
When: 27 Jul 15 13:53
high street.
By:
zipper
When: 27 Jul 15 13:59
adge  ok your a course bookie , but read my  post 26 july..... 13.02  if the result cost you millions  what would you do  .
By:
zipper
When: 27 Jul 15 14:03
adged  when betfair  put the markets up over night   say 2.30  Ascot 8 runners   they pay 3 places  post time 2 come out  its still  3 to place   none of the books do that
By:
zipper
When: 27 Jul 15 14:13
adged I think you course  bookies would have a very good case to take the  stewards  and  BHB   to the high court to recover your loses  .... it was a fiasco    you would have a good case
By:
adge
When: 27 Jul 15 14:53
I'm pleased to say I was at York on Saturday , zipper.
as regards my friends at ascot the afternoon became very ugly as the bookmakers knew the rules and the racecourse and announcers clearly didn't which made the whole episode one not to part of. one bookmaker was assaulted [ punched in the face ] and was only rescued by other punters as all security had gone into hiding. this whole nasty situation is being investigated at various sources.
a number of books are boycotting the shergar cup meeting [ I wish all of them would ]
as regards your each way situation..bookmakers are not allowed to change to 1/8th odds each way to pay 3 places
By:
sageform
When: 27 Jul 15 14:58
The excuse for the 2 different interpretations was that he was a non runner under BHA rules but a runner under Tattersalls rules that govern betting. Strange but true.
By:
xmoneyx
When: 27 Jul 15 14:59
nasty situation for on-course bookiesSad
By:
bradley27
When: 27 Jul 15 15:15
Can someone here explain how Betfair on the exchange is not following the stewards decision that it was a non runner? I don't understand. I didn't back it for much but that's not the point, it was deemed a non-runner
By:
xmoneyx
When: 27 Jul 15 15:19
its was a non runner on sportsbookCrazy
By:
xmoneyx
When: 27 Jul 15 15:20
weigh-in course declared it a runner,i think

im totally confused now
By:
Rob_The_Bantam
When: 27 Jul 15 15:47
Horseracing

    13.1General
        All individual race markets will be determined according to the official result at the time of the 'weigh-in' announcement (or equivalent). Subsequent disqualifications, appeals or amendments to the result will be disregarded.


bradley - horse was a runner at the time of weigh-in, so Betfair simply followed its own rules.  Stewards then declared it a non-runner, but this was after the weigh-in, so Betfair wasn't obliged to do anything as it acted within its own rules. 

Decision was then changed AGAIN to reinstate it as a runner, which was the correct decision (imvho).  So official ruling is that the horse was a runner and, sadly, you've done your money.
By:
Rob_The_Bantam
When: 27 Jul 15 16:01
Just to add, please everyone check your returns at the books.  I've just had to badger a decent sized book to settle the e/w bets on the race correctly, as the rule 4 was still not refunded.  Suspect the book in question will refund those who ask and not bother with those who don't/forget.
By:
ashleigh
When: 27 Jul 15 16:10
rob, got all that, according to the post hills and laddies refunded stakes o speculative bid, did koral and fred?
By:
Rob_The_Bantam
When: 27 Jul 15 16:15
Can't tell you, I'm afraid.  Can't bet with either.  Hills did settle each way winners correctly in the end without prompting, fwiw.
By:
zipper
When: 27 Jul 15 16:29
adge   first thank you for your reply    I could not agree more   sorry about your pals  re hassle  but you have   been there do that  ..so have I   years ago  ... the trouble is the racecourse  don't provide  the security    on Saturdays     drunken mob .. its all about selling booze    and  rock concerts  after racing  they don't give a toss  about you or public  safety
By:
gubbedbaird
When: 27 Jul 15 16:47
What did the Tote do, mate tells me he got his money back, and the dividends look light on the Winner, did they take SB stake money out of the pools? If so how do the customers know that they are on a non-runner?
By:
zipper
When: 27 Jul 15 16:59
the tote is owned  by BET FRED     enough  said
By:
ashleigh
When: 27 Jul 15 17:23
bets on the tote went on Lincoln, the joint 2nd fav with the lowest racecard number.
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