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value seeker
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Location: stones throw from aintree racecourse,well maybe with a catapult
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 Posted: Tue Jun 30, 2009 5:35 am Post subject: News of the world article. |
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Been told there was an article about a guy winning millions on betfair.
Wont buy the news of the world as its the sister paper of the Sun.
Betfair have put on their website that the figures given are totally untrue.
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Machiavellian
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Joined: 17 Mar 2008
Posts: 4266
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| Posted: Tue Jun 30, 2009 12:43 pm Post subject: |
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| ok |
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accajacca
Group Performer
Joined: 18 Dec 2007
Posts: 2354
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| Posted: Tue Jun 30, 2009 12:53 pm Post subject: |
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| what make of car do you drive Value Seeker? |
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Gorg_George
Group Performer
Joined: 24 Sep 2006
Posts: 3574
Location: Leicester
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| Posted: Tue Jun 30, 2009 2:18 pm Post subject: Re: News of the world article. |
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| value seeker wrote: | Been told there was an article about a guy winning millions on betfair.
Wont buy the news of the world as its the sister paper of the Sun.
Betfair have put on their website that the figures given are totally untrue. |
I read this article and was convinced the guy was full of crap, glad Betfair have come out and discredited it.
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geordie_racer
Group Performer
Joined: 25 Feb 2006
Posts: 11014
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| Posted: Tue Jun 30, 2009 2:59 pm Post subject: |
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why is every VS post in bold?
discuss
please use both sides of the paper similtaneously.
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Geordie_R
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theGoingStick
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Joined: 21 Nov 2006
Posts: 16573
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| Posted: Tue Jun 30, 2009 4:03 pm Post subject: |
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I thought the article was a bit fishy.
I was quite surprised to read in the betfair statement that no one made anything near £1.5million on the champion hurdle. I just assumed that the bookies used betfair to lay off large liabilities, which I'm sure a few of them would of had something near on that on Binocular.
| Quote: | We have been contacted by several customers in relation to an article in Sunday’s News of the World. We would like to make it clear that Betfair was not asked to comment on, or validate any aspect of, the article ahead of publication.
Although we cannot comment on the activities of any specific customer, some facts which may be relevant to some of the claims made in the article include:
the biggest winner in the relevant Britain’s Got Talent market (Susan Boyle winner - Yes/No) won less than £3,000.
No Betfair customer won £1.5 million or anything even vaguely approaching that amount betting on the Champion Hurdle.
No Betfair customer won £500,000 or anything even vaguely approaching that amount laying Monsieur Chevalier at Royal Ascot
The figures shown in the account statement screenshot in the News Of the World do not reconcile to any Betfair account.
The monies present in a Betfair account are obviously no indicator of the sums won or lost on the account.
We would encourage customers to be wary of the claims of anyone purporting to have a profitable system or strategy.
We would encourage customers to retain a healthy degree of scepticism toward any claims made in the press which are not validated by Betfair. |
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alansouthcoast
Site Admin
Joined: 28 Mar 2006
Posts: 13595
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| Posted: Wed Jul 01, 2009 10:27 pm Post subject: |
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Im glad Betfair responded. The article will have meade people think this game is too easy.
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theGoingStick
Site Admin
Joined: 21 Nov 2006
Posts: 16573
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| Posted: Wed Jul 01, 2009 10:34 pm Post subject: |
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| alansouthcoast wrote: | | Im glad Betfair responded. The article will have meade people think this game is too easy. |
This is the thing the very nature of betfair means that for every punter making money there's someone losing somewhere. But you go on the betfair forum and everyone seems to win 
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