Is Big Brother being fixed in Great Britain? And are the alleged fixers using BetFair to make a fast buck (or “quid”, as they say in the U.K.)?

Chris F. Masse May 31st, 2008

The Daily Star reveals that some punters are set to earn more than half a million pounds after a total bet of £971 was staked via BetFair on Nikki to win at 1000-1 shortly after she was voted out of the house. [...]

Rumours of ‘insider dealing’ on BetFair chat forums continue to surround the clued up gamblers who stand to win £582,250. [...]

That “Nikki” was evicted, an later on re-instated in the game.

Hence, the questions about the traders who did bet on her, after her eviction. Did they “know” something that the other traders didn’t?

On the other hand, it’s a constitutional right for Joe A. Doe to bet £971 on a loser. Many do that every day at the horse race track. We should not accuse people of insider trading (or corruption) without any evidence.

BetFair employs many specialists in their “integrity team” to deal with such occurrences.

Tags: Analysis (Data) - Sports / Politics Corruption, BetFair, Betting, betting exchange, betting markets, Big Brother, event derivative markets, event derivatives, insider trading, integrity, prediction markets

Analysis (Data) - Insider Trading , Analysis (Data) - Sports / Politics Corruption , Betting , Ethics , Exchanges & Markets , Market Prices & Probabilities
Comments(1)

One Response to “Is Big Brother being fixed in Great Britain? And are the alleged fixers using BetFair to make a fast buck (or “quid”, as they say in the U.K.)?”

# Chris F. Masse on 09 Jun 2008 at 4:13 pm

@Ed Murray: This comment has been deleted because it was judged defamatory.
http://www.midasoracle.org/200.....ment-18987
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Please, don’t defame BetFair on Midas Oracle