Daily Loss £52.00
OK, being honest, the daily loss is not what is most annoying about tonight. Yeah, I managed to lose £52 from placing 3 bets when I got in from work on horses at fancy prices which I then couldn’t lay off as Betfair was down for most of the night.
I’m even more annoyed about the money I could/should have won but couldn’t lay off in running or even get a bet on!
In the 6.40pm race from Perth, I had managed to back the eventual second for a £64 riskfree bet. So, I never lost in that race. However, the odds on favourite fell at the first hurdle and my horse led for most of the race and was involved in a 2 horse race from about a mile out! It would certainly have traded below 3 and it would have been odds on at one stage as it was really travelling well.
So, by not being able to lay off, Betfair cost me between £20-30 profit. I thought that was the end of the problems but it was only the start!
In the next race at Bath, I had put £22 on a horse when I got in from work. I backed the horse at 46 as it was certain to start lower than this or at least trade lower than this in running. Betfair went down, and I was left with a £22 win bet on a complete donkey. £22 loss.
Next race at Bath. Same issue. Had £17 on a 36 shot and site was down, so couldn’t do anything about it. £17 loss.
Next race at Bath, had £13 on a 65 shot. Couldn’t lay off. £13 loss.
At this point, I turned off Betfair in disgust and forgot about trying to bet on my fancy in the final race at Bath. I was sickened by what had happened. Well, without being Einstein, you can guess what happened here…..
On our discussion site, I wrote for the 8.30pm at Bath “Check out Dualagi in this one. Last two runs were basically identical where it has fallen out of the stalls and finished like a 'train'. Appears on a winning mark and ready to strike (to quote RP review from one of the runs!) but it ideally wants soft ground. Bath will no doubt be like a road tonight which means it can only be a speculative bet and a bit risky since it finishes late but I'll be trying to get a riskfree bet on it pre-race.”
Well, you can imagine my disgust when I watched the race. Dualagi fell out of the stalls (as usual), probably traded at massive odds on Betfair (it was back on by then!) and then came through to win easily. It won at 12/1 which means it would have been 14-20 pre-race on Betfair.
All in all, an absolutely shocking night on Betfair and I’m sure that there will be other traders out there who are far worse off than me.
I think the thing that Betfair miss is the fact that I didn’t really want £22 win on a 46 shot, or £17 on a 36 shot or even £13 on a 65 shot. I only backed these horses in the belief that I would be able to trade them. Hence, by taking away my opportunity to lay off, they have effectively changed the rules of the game after I placed my initial bet. It’s an absolute disgrace……………..