Betfair mistake
-
I am just after some advice from some of you experienced traders… I have been drip feeding on the World Cup winner market - England to win. I had £100 liability on the market yesterday and then I laid Brazil to win leaving a total of £276 liability on Brazil, £0 on the other teams and a profit of £1100 (ish) on England to win outright. I now have -£100 liability on the market, which to me suggests that betfair have made a mistake. I did try their live chat service but they have told me I am mistaken and they have settled correctly.
Any help/advice would be appreciated!
-
@martin said in Betfair mistake:
@james-baker yep that will be it, bloody confusing when they do it that way but just know they are just paying out early
It caught me out, I backed a few teams to qualify from the group and confused me when it was showing a loss initially but teams had qualified - Belgium and Wales let me down causing initial losses early
-
No worries, has happened to me before
-
Thanks Andy,
In my settled bets it’s says -£80 on the market but when I check transaction history they have paid £100.
-
Check your settled bets, have they paid you on the Brazil lay? They tend to pay out incrementally on outright markets so the -100 makes sense if it’s paid out on the Brazil part
