How would you like to trade a market where you get large regular price swings every 10 minutes in the afternoon, seven days a week. A
market where all prices are set purely by supply and demand, few transaction costs, no middle men and you only pay commission if you win? Where you can freely act as a market maker and where you have direct market access and where you can create a spread for others to take?

Betfair has revolutionised the betting market and created an open platform for exchanging risk on sports events. This market is now viewed much more like a traditional financial risk market than an old fashioned betting market. Smart users have realised that there are huge opportunities on Betfair because they can buy and sell risk in much the same way they would in a normal financial market but without the burden of cost or the restricted access that is usually associated with traditional financial markets.

Click here to learn more

Sorry Steve, promised myself I would leave it too but having watched for a while thought it was OK.

Whatever terms etc may apply Betfair cannot behave negligently and recklessly without incuring liability for the consequences. I believe there has been ample evidence of foreseeable problems likely to recurr so any losses incurred in later races are down to Betfair.
I'm minded to invest 30 in a Small Claims action just to test this out.

I would go ahead and do it. There is a group of us challenging Betfair. I can't believe these issues are out of their control. I stopped very early on as the whole thing stank. After yesterday I promised I would not go near it if it played up.

I was looking at the footy but I think I may even give that a miss over the weekend as my potential liability is much higher there.

I did nip across to Betdaq this afternoon to have a nose but the liquidity is not strong enough there.

F***in site - had layed the favourite at doncaster and it won - lost my whole stake

I succeeded in getting a 200 refund from Betfair some weeks ago, however that was a slightly different circumstance. A bet didn't show as having been taken when a race turned in running but was later found in the settled list costing me 200 since I had not been able to lay it off. I think that the system was not cancelling bets properly at the time when it went in running and so it was more of a direct malfunction. I just mention this to show that it is sometimes possible to extract compensation from Betfair. I did have to resist attempts to fob me off though.

I'm not sure what their terms are, may be worth exploring. Sure as hell a lot of people that rely on them now for hegding or lay off. Must have been chaos at the racetracks today.

Event the main domain is knocked out now. Not even a message. Sabotage, A DDS attack or something?

http://www.betfair.info/

The site is currently splashed due to ongoing caching software issues. We are working with our software suppliers to get this rectified as quickly as possible. However, in the meantime we have taken the decision to remain offline until we are confident that the issues are fully resolved.

We will update this page with more information every 30 mins or when the situation changes.

18:10 GMT We have now rolled back to an earlier version of the caching software. We are confident this version will improve site stability.

"Following some further internal testing we plan to unsplash the site with the next 20 minutes."

Site appears to be much more stable today. Unfortuntely I have committed to looking after the kids so probably no chance for me to do anything today.

I had a slight problem when it appeared to hang for several seconds. Caused me a real fright. Otherwise OK.

You'll have to pay a babysitter Scrip. Much cheaper than lost opportunities.

A PDA with GPRS is a good half way house!

A useless, overpaid bunch of primadonna's.

Never mind Harlosh there is still the FA CUP. Just got to get past Southampton first!!

Our heavy layer is back on the footy. 662k available to back Chelsea at 1.10-1.12

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can you log from a PDA with GPRS. I have tried on my XDA2 but I get a message that the browser does not meet minimum requirements

Here is the answer to your problem:-

http://www.betfair.com/lite/

That's if the Betfair ever works again. I notice it is down again this evening. Completely offline.

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That works a treat, thanks