Betfair Void Bets

[Fred Basset]

Does anyone know what this is about or if its happened to them?


The bet was matched, i watched it win and i closed down my laptop
In the morning there was less in the account than i had thought and then i check my emails and this is what i got

"Dear Betfair User

One or more of your bets, placed on the market has been voided/lapsed by Betfair. Whilst these bets were all placed in good faith, in order to be fair to all users we have had to void/lapse them."

Any ideas?

 

[Jan Juc]

What was the event in question?

 

[Fred Basset]

What was the event in question?

It was a greyhound race on friday night just gone

They just got back to me then.....


"Thank you for your e-mail.

The market has been void due to the late scratching of the 7. Halipino Harry in this race. As we do not have reduction factors on greyhound races we will void all bets in the event of a late scratching to be fair to both backers/layers whose implied chance of winning/losing has increased.

We will attempt to load a new market with the correct runners if time permits. Apologies for the inconvenience.

Please do not hesitate to contact us if you have any further enquiries.

Kind regards

Matthew Reid"

 

[Oaksnaf]

Normally the new market pops up pretty quickly.

But yeah thats a shame that you didn't get to re-place your bet after the initial matched bet went through.

 

[The Royal Sampler]

I bet on the infamous Davydenko - Vasallo Arguello match in which Davydenko tanked after winning the first set. Betfair voided all bets on the match after highly irregular betting patterns were observed. Davydenko was top seed and favourite, and blew out to be a slight dog by the start of the match. After the first set was won, his odds lengthened further still, before he suffered an "injury" and retired from the match.

Voiding bets on the match was the only responsible course of action open to Betfair in this instance, and won a great deal of respect from myself and countless other punters.