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DStyle
09 Jun 17 12:49
Joined:
Date Joined: 20 Jan 05
| Topic/replies: 49 | Blogger: DStyle's blog
rules seem quite clear?

or at least I thought they were....
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Report crete June 26, 2017 1:14 PM BST
yes, and someone wants to back lab-lib dem-snp coalition for 3 k at odds 48 and 5 k at 65. Amazing innit?
Report kevinglass June 26, 2017 1:22 PM BST
That money on Labour has been there for ages, can't imagine why.....then again I can't imagine why betfair have yet to suspend & setlle.....
Report Fatslogger June 26, 2017 2:27 PM BST
I can see why they delayed on Trump and Clinton, given how random Trump is and the rumours about the resistance to nominate him and the risk of the FBI torpedoing Clinton. This is ridiculous though.
Report jamesdean June 26, 2017 3:15 PM BST
Wtf are they waiting on now?

Heard news on radio, fully expected market to be settled when logged in. Won't be betting on politics again
Report DStyle June 26, 2017 3:17 PM BST
Murky waters here. It's very unclear what's preventing settlement, in fact that decision seems now to be exclusively at betfair's discretion, and that seems pretty unfair on whoever is laying may at 1.03 and below.
Report rex the dragon June 26, 2017 3:52 PM BST
They've just told me that the markets "should all be settled today" but that they need to be sure that "they are settled correctly".  I pointed out that their own rules define a minority government as one that would "see all the Cabinet posts filled by one party, but supply and confidence would be enjoyed by that party by one or more other parties in Parliament in order to pass votes and budgets etc."  ie precisely the agreement that has now been signed and made public. 

God knows what they're doing.
Report jamesdean June 26, 2017 4:22 PM BST
Must be one of the best 1.03 shots ever, 3% profit on same day
Report Tom Cat June 26, 2017 4:30 PM BST
It's been very clear to just about everyone that there has been a Conservative minority government since the General Election and that Theresa May has been and is the current Prime Minister.

I suppose Betfair are waiting 'til the vote on the Queen's Speech on Thursday which should be passed by a majority of at least 14 before paying out.

But even if the vote failed wouldn't there have still been a short lasting minority government with TM as PM for the period 8/6/2017-29/6/2017.

I'm certain the history books would record it that way.
Report jamesdean June 26, 2017 4:42 PM BST
I was told they were waiting on an official announcement that a deal had been reached with the DUP then all bets would be settled.

This has now obviously been done today, there really is no excuse left now
Report jamesdean June 26, 2017 4:50 PM BST
They're maybe waiting on local rumours that the Brownies have joined up with the boy scouts to launch a military coo!

All bets on hold
Report DStyle June 26, 2017 4:52 PM BST
Don't agree Tom Cat. Betfair have acted correctly up to this point, and I don't think history would record it that way: merely that May continued to be prime minister as conservative party attempted to form a new government by obtaining a working agreement with another party.

She has now succeeded in doing just that, and this market should be settled.
Report DStyle June 26, 2017 4:56 PM BST
Same as Baldwin in 1923 who remained Prime Minister even though there was a conservative minority.
Report Fatslogger June 26, 2017 5:58 PM BST
My pocket just had a £9 bet on Angela Eagle as next PM. Someone who doesn't deserve it is getting nearly a tenner off me!
Report pnam June 26, 2017 6:03 PM BST
Betfair CS are adamant that markets on next PM & next Government will not be settled until the result of the vote on the Queens speech is known.
Report jamesdean June 26, 2017 6:12 PM BST
Pity for all that have backed her that they hadn't mentioned the vote on the Queen's speech in their own rules.

If they would stick to their rules on the market then the market would be settled today/now.
Report DStyle June 26, 2017 6:15 PM BST
again, going back to Baldwin's situation, the same could happen again. Failure to pass Queen's speech triggering a vote of no confidence.

But the point is that that isn't going to happen now.
Report jamesdean June 26, 2017 6:32 PM BST
Can anyone explain which part of the rules for this market that haven't been met yet?

MARKET INFORMATION

For further information please see Rules & Regs.

Who will be the Prime Minister of the United Kingdom when the first government is formed after the next UK general election. This market will be settled on the formation of the first ministry (government) after assent is given by the reigning monarch after the next UK general election.

This market will be turned in-play at the start of voting on the day of the next general election.
Report donny osmond June 26, 2017 6:34 PM BST
may has not signed the deal

it was signed by dup and tory chief whip

curious stuff
Report jamesdean June 26, 2017 6:42 PM BST
Not sure if May has to sign anything. The deal has been done and she's still PM
Report rex the dragon June 26, 2017 6:47 PM BST
May doesn't have to sign anything - it's been signed by the Chief Whip, who is formally representing her party.  If they're waiting for May to sign it this market will still be unsettled in 100 years.  Maybe that's Betfair's plan.

At the very least, they should be getting their customer service guys to be consistent - if all the comments above are correct then we're all getting different stories.  This really is ridiculous now.
Report donny osmond June 26, 2017 6:48 PM BST
thats probably correct james, i just found it odd she had not signed

perhaps she isnt hanging around for long ? Laugh


i see no reason the vote wont be won, and market settled by friday morning
Report kevinglass June 26, 2017 7:28 PM BST
Rubbish rules, whoever framed them clearly doesn't know much.

Whoever settles the market based on the said rules knows even less.

Whoever is still prepared to lay £3000 on a Lab/Lib/SNP coalition knows less still.

A funny old market. I'm off on holiday for 2 weeks tomorrow, I wonder if it'll have been sorted by the time I get back?
Report rex the dragon June 26, 2017 7:36 PM BST
Actually, Donny, I think tying this in to the vote on the Queen's Speech could lead to all sorts of problems. 

Firstly, there's the question of the Labour party amendments, which are expected to be tabled tomorrow, I think.  It's plausible (although probably unlikely) that these could look palatable enough that a few Tories rebel in the main vote and support the amendments - I think about 7 would do it.  Normally this would finish their careers, but given May's weakness and the strength of feeling around many of the EU issues, I wouldn't rule it out completely.  Alternatively, the vote might pass the Commons but fail to get through the Lords, in which case it has to come back to the Commons again.  This would take time.  And what will Betfair do if an amended version of the Queen's Speech is passed?  Are they going to hang around for a No Confidence motion (which might never come).  In which case it's just about possible that we could be waiting 5 years.

The most likely scenario is that the vote passes straight through both chambers.  But there's a danger that Betfair tie themselves in knots over this.  And, by their own rules, the outcome is already decided.
Report Shrewd_dude June 26, 2017 7:46 PM BST
What a farce this market has become. Doubt anyone will be using it at the next election if Betfair can't even work it when to settle it.
Report jamesdean June 26, 2017 7:49 PM BST
By their own rules they can settle the market now and have no come backs, they'd just have to quote their
rules on the market.
Report Fatslogger June 27, 2017 7:26 AM BST
I think they're being idiots although having not settled the very moment the deal was revealed officially, let alone once it was signed, they snookered themselves. Astonishing that May going to the palace with nothing suspended the market and a signed agreement doesn't settle.
Report matty1 June 27, 2017 7:31 AM BST
Someone in Betfair is in denial, and doesn't want to admit they were wrong, in not settling, after the palace visit.

Every company has them, eventually they are weeded out.
Report Fatslogger June 27, 2017 7:36 AM BST
On the rather ambiguous rules they'd published I think it was fair enough not to settle before the DUP deal but seems very eccentric indeed not settling on that, especially as they'd given people to understand a deal was what they were waiting for.
Report Fatslogger June 27, 2017 7:39 AM BST
When do you think they'll settle the second general election 2017 market? I think I'll be lucky to see my payout for no by February.
Report kissmy June 27, 2017 8:34 AM BST
I've made a formal complaint to IBAS and would encourage others to do so - it's not just the changing of the terms that annoys me, its the complete lack of information from Betfair - at minimum they should declare their position as to what they require to close the bet, I've been told four different things on the closing of the next PM bet and each time they then change the goalposts - customer services are useless. It's clear to me that Betfair is simply holding our money as it suits them. Where does it say in the next PM bet that you have to wait for the Queens speech to be voted through the Commons? That's not what I bet on? If JC can refer to TM as PM, then why is that not good enough for Betfair? Ridiculous, has totally put me off using Betfair in the future.
Report matty1 June 27, 2017 9:26 AM BST
kissmy, agreed and followed suit.
Report Fatslogger June 27, 2017 9:49 AM BST
Very much doubt holding on to our cash in a £13m market is the motivation but I'm not defending their failure to settle, which I think is probably due to incompetence. Suspect they got caught on the hop by the announcement of the agreement and then couldn't settle later because that would have looked even more incompetent than brazening it out.
Report adge June 27, 2017 9:55 AM BST
until when though , fatslogger. we all probably assume that betfair will settle the market immediately after the queens speech vote on thursday but as they have avoided or refused to state that who knows ?
Report adge June 27, 2017 9:58 AM BST
the only sure thing is that 30 seconds before this market is finally suspended " someone " will sweep the board
Report romfordiron June 27, 2017 10:02 AM BST
Just spoke to VIP customer services and the guy confirmed that it will be settled after the Queen's speech is passed. He said he's well aware than Betfair has dug itself into a hole on this one and doesn't know what will happen if the Queen's speech doesn't pass. Not sure anyone at Betfair knows what will happen if it doesn't pass.

He confirmed that if a second general election is called, all bets on this market will be void and as such selections like a Con majority and a Lab majority are impossibilities (I've currently got around 60% of my bank in red on both).

The whole situation is an absolute farce now. The bloke readily admitted to me that the punters know much more than the market ops team about the criteria necessary for a government to be formed.

The pitfalls of a poor market ops teams and an unwritten constitution!
Report Fatslogger June 27, 2017 10:03 AM BST

Jun 27, 2017 -- 3:55AM, adge wrote:


until when though , fatslogger. we all probably assume that betfair will settle the market immediately after the queens speech vote on thursday but as they have avoided or refused to state that who knows ?


I can't see it going past the passsing of the speech but then I couldn't really see them not settling with an announcement of a deal so it's a bit hard to be sure.

Report Fatslogger June 27, 2017 10:07 AM BST
As for sweeping up the residual cash, I thought that would have happened already. I just can't believe you can get 1.03 still. Politics is great for buying money.
Report matty1 June 27, 2017 10:09 AM BST

Jun 27, 2017 -- 4:02AM, romfordiron wrote:


Just spoke to VIP customer services and the guy confirmed that it will be settled after the Queen's speech is passed. He said he's well aware than Betfair has dug itself into a hole on this one and doesn't know what will happen if the Queen's speech doesn't pass. Not sure anyone at Betfair knows what will happen if it doesn't pass. He confirmed that if a second general election is called, all bets on this market will be void and as such selections like a Con majority and a Lab majority are impossibilities (I've currently got around 60% of my bank in red on both).The whole situation is an absolute farce now. The bloke readily admitted to me that the punters know much more than the market ops team about the criteria necessary for a government to be formed. The pitfalls of a poor market ops teams and an unwritten constitution!


Yes, there's an unwritten constitution but the Cabinet Handbook sets out all the criteria for the appointment and types of government etc., and it's easy for the layman to follow.
under the "Elections and government formation"

Report Fatslogger June 27, 2017 10:10 AM BST

Jun 27, 2017 -- 4:02AM, romfordiron wrote:


Just spoke to VIP customer services and the guy confirmed that it will be settled after the Queen's speech is passed. He said he's well aware than Betfair has dug itself into a hole on this one and doesn't know what will happen if the Queen's speech doesn't pass. Not sure anyone at Betfair knows what will happen if it doesn't pass. He confirmed that if a second general election is called, all bets on this market will be void and as such selections like a Con majority and a Lab majority are impossibilities (I've currently got around 60% of my bank in red on both).The whole situation is an absolute farce now. The bloke readily admitted to me that the punters know much more than the market ops team about the criteria necessary for a government to be formed. The pitfalls of a poor market ops teams and an unwritten constitution!


Thanks, interesting and fits with the available evidence, to be fair. Obviously, from the market terms, they didn't think very much about this in advance and have signally failed to solve the problems they created by giving it enough sensible thought since.

Report Jes1981 June 27, 2017 10:24 AM BST
There really is no reason to think it will be settled based on the result of the vote on the Queen's Speech considering that there have been so many opportunities to settle so far and it still has not settled. Maybe there'll want to see what happens in the Lords or await the result of any court cases that are taken. Ased on the DUP deal. Maybe we'll have to wait to see if any actual vote can get through the Commons other than the speech.

Suring that time we'll have to hope that Theresa May doesn't die or hope that there isn't another Grenfell fire where Labour seem to be able to pin on the blame on the Conservatives.

I really think that some people must be betting on this market without realising that we're talking about the election that took place nearly 4 weeks ago.

Anyway, I'm laying off my original bets now at 1.03 because this is just bullshit and I'm not putting it all on the line for a market that will never settle.
Report kissmy June 27, 2017 10:29 AM BST
Fatslogger thanks for the update - that's good to know - I don't understand why Betfair could not simply have sent a message to all engaged in this market to explain that - I don't believe I bet on the passing of the Queen's speech, but the company at a minimum should have set out its position by now and done the courtesy of informing everyone, instead of this piecemeal, nonsense information customer services are providing. I'm personally not worried on the outcome, she's stayed this long, she'll stay for the passing of the QS, but irrespective Betfair's approach and attitude are totally unacceptable and the more complaints that are made and the potential fines they may incur from regulators, the less likely this will happen in the future - total disgrace imho.
Report Fatslogger June 27, 2017 10:41 AM BST
Wasn't me with the update kissmy. Agree that Betfair has been shocking over this, as do they, from romfordiron's post.
Report kissmy June 27, 2017 11:17 AM BST
Sorry, thanks romfordiron for the info!!
Report matty1 June 27, 2017 12:16 PM BST
There will be another 3 Queen's speeches' during the term of this government, maybe they're waiting for all of them to pass.
Report jamesdean June 27, 2017 1:28 PM BST
Big chunks coming in yo back now, into 1.02

Maybe settlement today..
Report matty1 June 27, 2017 1:31 PM BST
Probably, as it gets closer to the vote.
Report Shrewd_dude June 27, 2017 8:00 PM BST
How on earth can they void bets if a second election is called? We were betting on the last election.

How can they **** up a market so much by tying up everyones money for a few weeks then void the market because they don't have a clue. Unbelievable.
Report romfordiron June 27, 2017 10:52 PM BST
I completely agree. As it is, we have a PM and a Con minority government. There's no coalition or majority of any sort, so both markets should be settled.

Whether the government can or cannot pass legislation is neither here nor there. 

What Betfair are waiting for is a measurement of the strength of this government, not a confirmation of its existence.
Report Dave23 June 27, 2017 10:55 PM BST
romfordiron    Joined: 10 Nov 10
Replies: 95 27 Jun 17 10:02 
Just spoke to VIP customer services and the guy confirmed that it will be settled after the Queen's speech is passed. He said he's well aware than Betfair has dug itself into a hole on this one and doesn't know what will happen if the Queen's speech doesn't pass. Not sure anyone at Betfair knows what will happen if it doesn't pass.

He confirmed that if a second general election is called, all bets on this market will be void and as such selections like a Con majority and a Lab majority are impossibilities (I've currently got around 60% of my bank in red on both).

The whole situation is an absolute farce now. The bloke readily admitted to me that the punters know much more than the market ops team about the criteria necessary for a government to be formed.

The pitfalls of a poor market ops teams and an unwritten constitution!


I acknowledge that both possibilities are extremely unlikely but disagree that either Conservative Majority or Labour Majority Governments are impossible based on the June 2017 Election results. Among other possibilities, I believe that the Tories could form a Conservative Majority Government if 8 Westminster MPs from other Political Parties 'crossed the floor' and joined the Conservative Parliamentary Party. Labour could form a Labour Majority Government if 64 MPs from other Political Parties joined the Labour Parliamentary Party.

Perhaps Dianne might be so keen on gorgeous Gove, she can no longer restrain herself from setting aside all expressed principles and statements to date and intends to join the Conservative Party imminently?

Other possibilities, particularly if there had been no DUP announcement and votes are delayed, could be 8 Tory by-election gains? That could enable a Conservative Majority without a 2nd General Election, as such, being called and, again arguably, remain consistent with the 'Next Government' market rules?

The rules of the 'Next Government' market are at least absolutely clear with regards as to a 2nd election being called with no Government having been formed; the 'Next PM' rules are far from satisfactory.

I have also laid both Labour/Conservative Majority significantly. I can understand people freeing up funds at 1000 but it was somewhat baffling for it to be possible to lay 3 figure sums at prices significantly below 1000 on Labour Majority last weekend for many hours.
Report Betrescue Bob June 27, 2017 11:52 PM BST
cash out - good night and f off betfair - appalling handling of this market
Report adge June 28, 2017 9:56 AM BST
having stayed with it , i can wait until tomorrow afternoon.
what is appalling from betfair is that they have steadfastly refused to ever publish or clarify the terms and conditions on what deems a final settlement position of the market despite being asked to many times by their customers ...causing some concern and distress.
Report kissmy June 28, 2017 10:18 AM BST
And that's why, irrespective of whether they settle tomorrow or not, I intend to follow this up with IBAS and any other regulatory body to ensure that Betfair change their approach going forwards. They think they can get away with murder just because they preface "they have the right...", actually they don't - what they are doing by not stating their position is beyond the claim of "reasonable" action.
Report DStyle June 28, 2017 10:30 AM BST
kissmy - I think the next time they offer this market the rules will be explicit.

I'd apply Hanlon's razor here. They underestimated the likelihood of a hung parliament and failed to consider the implications of the constitutional confusion which followed. They've now dragged settlement out as to the farthest event possible.

Given the bother it must have caused their customer support and market ops, I'd expect they already have enough incentive to be more thorough next time.

As others have said, the real failure here has been their reluctance to clearly communicate which event they consider to be sufficient to settle, particularly after closing and re-opening the market which is when they should have made a statement, and they have seemingly been moving the goal-posts since the election result.
Report kissmy June 28, 2017 10:41 AM BST
I hear what you are saying, but I've got a bet on Next PM - the terms of this bet are crystal clear - following the election, no one in the country other than Betfair doesn't consider TM the 'next' PM - if she, for whatever reason, leaves her post now or the government gets voted down, that doesn't mean she wasn't the PM after the election as "deemed" by Betfair's original T&Cs - so Betfair, if you are reading this, perhaps you'd be so kind to explain...(obviously they won't...).
Report crete June 28, 2017 11:17 AM BST
the 700th post here Grin . Interestingly, I found this under T&C for Bet 365: Next Government and Prime Minister after the next General Election will be settled based on the first government formed after the General Election. For the avoidance of doubt, that government must pass a Queen’s Speech or win a confidence motion in the House of Commons. For a party to be considered part of a coalition they must have representation in the Cabinet. A minority government is one in which the parties forming a coalition have fewer than 326 seats.. I have found in the past that Betfair often seem to follow their lead. That would point to a settlement tomorrow but why on earth  -like people have said here - communicate that clearly.
Report crete June 28, 2017 11:19 AM BST
* haven't bf communicated that clearly?
Report THEMONEYSHOT June 28, 2017 11:29 AM BST
Okay, but haven't 365 already settled ?
Report kissmy June 28, 2017 11:50 AM BST
That's Bet 365 and good on them for being clear at least - this is the line from Betfair's T&Cs : "This market will be settled on the formation of the first ministry (government) after assent is given by the reigning monarch after the next UK general election" - nothing about passing the Queen's speech - she's given assent and the government is formed - whether it lasts very long is a completely different bet.
Report kissmy June 28, 2017 12:11 PM BST
Oh, and PMQs is on now...Betfair must think TM is an imposter then...
Report crete June 28, 2017 12:16 PM BST
@ THEMONEYSHOT : No, I don't believe they have

@ kissmy : I am not defending Betfair in any way, should have settled after the DUP deal at the latest. I have 20k tied up myself.
Report kissmy June 28, 2017 12:23 PM BST
Interesting commission review on bet arbitration - am emailing consumers@gamblingcommission.gov.uk and giving them my 2 pennies on this situation. If they are holding 20k of your cash and 10k of mine, god knows how much they are holding - they should be forced to compensate...
Report Meadow X1 June 28, 2017 12:31 PM BST
These are chicken feed amounts in comparison with the total market.
Report kissmy June 28, 2017 12:39 PM BST
That's right, they've matched over £13 million in this market - and everyone's money is being held
Report jamesdean June 28, 2017 1:33 PM BST
£50 free bet for all involved in the market would be an adequate gesture
Report Senyatta June 28, 2017 1:51 PM BST
all the 1.02 is now being cleaned up...
Report crete June 28, 2017 2:05 PM BST
must have been seeding their own markets (those massive amounts on JC, and Lab-Lib Dem-SNP), now all have been pulled
Report Fatslogger June 28, 2017 2:20 PM BST
Finally in the mop up phase, this market. Can't believe it's taken so long from Betfair to settle or the market to accept the inevitable. Will be very glad to have my profits and my liquidity back.
Report alun2005 June 28, 2017 2:24 PM BST
Just before they pay out, I'm going to ask Gina M whether she might toddle off to the Supreme Court to issue a challenge to the official result.

Naturally it's not because I had £2 on Gove at 999/1 and wouldn't mind a green-up at a much shorter price.  No, it's only right that some ludicrous reason should be fabricated so that the courts should pass judgement on this important matter of state, and not the voters.
Report Meadow X1 June 28, 2017 2:36 PM BST
If you think there is some kind of betfair conspiracy or that the market may have been creatively massaged, you should have a look at the LibDem leader market, where no contest is apparently going to take place yet some chunky amounts have been wagered.  Some folks in the know have well and truly cornered this market at no risk of loss.
Report Esox June 28, 2017 3:28 PM BST
Talk of a 12 week Summer Holiday before a final decision on what the Tories are doing
Report Esox June 28, 2017 5:30 PM BST
http://www.independent.co.uk/news/uk/politics/parliament-summer-holiday-exte...
Report DStyle June 28, 2017 6:02 PM BST
this wasn't in the original rules was it?


In the event of any ambiguity over an announcement, Betfair may determine, using its reasonable discretion, how to settle the market based on all the information available to it at the relevant time. Betfair reserves the right to wait for further official announcements before the market is settled. If there is any change to the established ministerial role or any ambiguity as to who occupies the position, then Betfair reserves the right to void this market at its absolute discretion.
Report Fatslogger June 28, 2017 6:53 PM BST
Definitely new and also altered the rules for next government, I'm pretty sure. Not that it will matter but is further poor behaviour.
Report Fatslogger June 28, 2017 6:55 PM BST

Jun 28, 2017 -- 8:36AM, Meadow X1 wrote:


If you think there is some kind of betfair conspiracy or that the market may have been creatively massaged, you should have a look at the LibDem leader market, where no contest is apparently going to take place yet some chunky amounts have been wagered.

Report Jes1981 June 28, 2017 7:53 PM BST
It just happened. The DUP voted with the minority Conservative government to shoot down Comrade Corbyn's amendment.

Still no settlement at Betfair.
Report Fatslogger June 28, 2017 8:15 PM BST

Jun 28, 2017 -- 1:53PM, Jes1981 wrote:


It just happened. The DUP voted with the minority Conservative government to shoot down Comrade Corbyn's amendment.Still no settlement at Betfair.


To be fair, them voting down an amendment doesn't really prove all that much, certainly no more than signing the agreement did.

Report THEMONEYSHOT June 28, 2017 8:38 PM BST

Jun 28, 2017 -- 2:15PM, Fatslogger wrote:


Jun 28, 2017 --  7:53PM, Jes1981 wrote:It just happened. The DUP voted with the minority Conservative government to shoot down Comrade Corbyn's amendment.Still no settlement at Betfair.To be fair, them voting down an amendment doesn't really prove all that much, certainly no more than signing the agreement did.


True but it's a very good indication of how the vote will go tomorrow, and, on it's conclusion, everybody can get on with their (betting) lives. Well heres hoping anyway Sad

Report Fatslogger June 28, 2017 8:57 PM BST
We can only hope. The DUP has been all but certain to support the Tories all along though.
Report Jes1981 June 29, 2017 11:37 AM BST
When do they vote on this then? You can't back May as next PM or Conservative Minority any more.
Report matty1 June 29, 2017 4:13 PM BST
Should be about 5-6 pm
Report crete June 29, 2017 4:17 PM BST
still quite odd that they have made this vote - which is actually a series of votes - key to settling the markets. In any case, they should have settled by tomorrow morning. If not, well, who knows with Betfair.....
Report matty1 June 29, 2017 5:33 PM BST
Main vote taking place now. Result about 5.45pm
Report matty1 June 29, 2017 5:47 PM BST
323-309 come on betfair.
Report THEMONEYSHOT June 29, 2017 5:49 PM BST
Suspended Excited

Perhaps we should be given the opportunity to have a vote of no confidence in relation to Betfair for the shambolic way they have handled this market.
Report THEMONEYSHOT June 29, 2017 5:52 PM BST
Paid out.
Report jamesdean June 29, 2017 5:52 PM BST
Settled, weighed in weighed in
Report matty1 June 29, 2017 5:59 PM BST
This has left a bad taste.
Report stewarts rise June 29, 2017 6:03 PM BST
About blinking time imo!
Report adge June 29, 2017 6:13 PM BST
well done everyone who held their nerve....time for a beer or two
Report donny osmond June 29, 2017 6:25 PM BST
we know for next time !

poor effort from betfair in explaining what was happening

well done winners

CoolCool
Report Esox June 29, 2017 9:05 PM BST
Good news boys we've been paid. Laugh
Report Fatslogger June 29, 2017 9:38 PM BST
Pleased to have trousered my cash but it's not covered anything like my recent losing run. I've reinvested in no general election this year anyway.
Report kissmy June 30, 2017 8:28 AM BST
This isn't over for me - I've withdrawn my money, will now try a more reputable player - shambolic management of this bet by Betfair, can't believe they had the nerve to charge their 5% comm...Going to still pursue the matter to ensure other punters aren't treated this way - well done to all who held their nerve.
Report Fatslogger June 30, 2017 2:23 PM BST

Jun 30, 2017 -- 2:28AM, kissmy wrote:


This isn't over for me - I've withdrawn my money, will now try a more reputable player - shambolic management of this bet by Betfair, can't believe they had the nerve to charge their 5% comm...Going to still pursue the matter to ensure other punters aren't treated this way - well done to all who held their nerve.


While I don't disagree with criticism of Betfair over this, I think you're somewhat cutting your nose off to spite your face here, assuming you generally win (obviously a good idea to leave if you don't).

Report kissmy June 30, 2017 4:57 PM BST
I'm not ending my betting fatslogger, just going to try the competition instead - this bet has been an eye opener for me about Betfair...
Report dave1357 June 30, 2017 5:23 PM BST
kissmy - you are completely wasting your time.  As soon as May said she had the DUP on board when she hadn't, the market closure was going to be delayed. Betfair were entitled to delay as per the T&C.
Report detraveller June 30, 2017 5:41 PM BST
@kissmy I am not really knowledgable regarding the competition but do ask around on the forum as i am sure many have tried. From my experience, the rest of the world just follows betfair(I use Matchbook and they settled the market when betfair did). Betfair may be bad but the rest are probably worse(my opinion and limited experience)
Report Cider July 1, 2017 8:15 AM BST
Editing the Rules of the market, when in play, without even a time and date stamp is wholly unacceptable.
Report Fatslogger July 1, 2017 8:37 AM BST

Jul 1, 2017 -- 2:15AM, Cider wrote:


Editing the Rules of the market, when in play, without even a time and date stamp is wholly unacceptable.


Yes, should have been date stamped and with a comment along the lines of "to clarify the rules of this market, following queries from customers". I think the really disappointing thing about this market wasn't that they didn't know what they were doing to begin with but that they kept compounding their original incompetence.

Report dave1357 October 1, 2017 12:02 PM BST
For those that disputed this point

http://www.independent.co.uk/news/uk/politics/the-queen-furious-theresa-may-democratic-unionist-party-dup-election-deal-buckingham-palace-a7976406.html
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