Tag Archives: Grand National

How BetFair did treat its customers on the day that the BetFair Starting Price system crashed down

Posted on May 12, 2008 by Guest Author

BetFair did pay the backers at better prices than the reconciliation threw out. The UK’s Grand National is the one race in the year where non-regular bettors bet, and BetFair couldn’t give them a poor experience. The cost was borne … Continue reading →

Posted in All Guest Authors's Posts, Ethics, Exchanges & Markets, Market Expiry | Tagged , , , , , , , | 4 Comments

The BetFair Starting Price is such a phenomenal success that their MSR-like system melted down under pressure last Saturday, April 5th, 2008, for the British equivalent of the Kentucky Derby —the Grand National at Liverpool.

Posted on April 8, 2008 by Chris F. Masse

- BetFair: Settlement of Grand National win market Betfair Customer Services 05 Apr 18:35 The reconciliation of the Betfair SP for the Grand National win market resulted in prices which we believe were significantly unfair for backers of some horses, … Continue reading →

Posted in Exchange & Market Designs, Exchanges & Markets, Market Expiry | Tagged , , , , , , , , , , , , , , , , , | 4 Comments