Voler le Vedette in-running problems on Betfair

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Updated: December 28, 2011


There were extra-ordinary scenes on the Betfair in-running market in the 2pm at Leopardstown leading to betfair share price going down over 3% between 3pm and 4pm and them voiding all bets.

A monster sum of £1,642,094 was matched in running at a price of 29 (28-1) on the winner Voler La Vedette and was still 28/1 when she was well clear and could not be beaten after the last hurdle. Betfair voided all bets due to a technical failure

There was a statement issued by Betfair

Customers betting in-play on this race will have seen that Voler La Vedette was available to back at 29 when the in-running market was suspended, and that a considerable sum was matched on the clear winner at that price.

An investigation has revealed that this was due to an obvious technical failure which allowed a customer to exceed their exposure limit.

In accordance with our terms and conditions, all in running bets on this race, both win and place, will be made void.

We fully appreciate the dissatisfaction this will cause many customers, and apologise for a very poor customer and betting experience.

The potential liability was over £21.3m offered on Voler La Vedette – which would have resulted in a whopping payout of £600m.

In Betfair rules it states
13. MISCELLANEOUS

· Betfair reserves the right to correct any obvious errors and shall take all reasonable steps to ensure markets are administered with integrity and transparency.

· In the interests of maintaining integrity and fairness in the markets we may, at our sole and absolute discretion, decide to suspend betting on a market earlier than anticipated by the Betfair Rules and/or void certain bets or a market in its entirety.

Below was the in-running market on Voler le Vedette
2.38 €2,569
2.40 €5 €4,485
2.42 €9,233
2.44 €16,522
2.46 €21,297
2.48 €14,590
2.50 €8 €12,254
2.52 €7,050
2.54 €11,721
2.56 €13,345
2.58 €13,782
2.60 €4,254
2.62 €3,968
2.64 €2,107
2.66 €2,041
2.68 €2 €1,343
2.70 €2,986
2.72 €1,618
2.74 €4,930
2.76 €5,332
2.78 €6,410
2.80 €10 €6,890
2.82 €8,427
2.84 €13,638
2.86 €11,240
2.88 €9,842
2.90 €5,063
2.92 €3,161
2.94 €2,761
2.96 €2,423 €3,440 €4,915
2.98 €2,467
3.00 €240 €10,192
3.05 €5,126
3.10 €737
3.15 €65
3.25 €5
3.40 €8
3.45 €8
3.55 €2
3.60 €10
3.65 €10
3.70 €12
3.80 €26
3.85 €3
3.90 €28
4.00 €145
4.10 €9
4.20 €31
4.30 €10
4.40 €13
4.50 €23
4.60 €80
4.70 €161
4.90 €33
5.00 €45
5.10 €10
5.20 €4
5.30 €5
5.90 €3
6.00 €49
6.20 €10
6.60 €3 €1
6.80 €9
7.00 €47
7.20 €51
8.00 €46
9.00 €3
9.40 €2
10.00 €2
10.50 €1
11.00 €17
11.50 €8
12.00 €2
13.00 €5
15.00 €0
16.00 €3
17.50 €0
18.50 €0
19.50 €1
20.00 €5
22.00 €2
25.00 €0
26.00 €19
27.00 €6
29.00 €1,968,706
30.00 €1,457
32.00 €1,014
34.00 €80
36.00 €23
38.00 €3
44.00 €13
46.00 €4
48.00 €53
60.00 €0
65.00 €0
70.00 €8
75.00 €2
80.00 €2
85.00 €1
90.00 €2
140.00 €1
150.00 €2
160.00 €1
180.00 €1

Click here for the latest Top four odds from Betfair

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