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Betfair voids race bets after technical error

28 Dec 2011

LONDON, England -- Betfair faced a "bizarre situation" during one of its races that led to the cancelling of millions in bets, The Guardian reported.

During the Christmas Hurdle race on Wednesday a technical fault led to "a customer exceeding their exposure limit" to the tune of nearly £23m, the report said.

Some angry customers have threatened legal action over lost winnings in a forum discussion, The Guardian report said.

The horse who was the subject of the technical error was Voler La Vedette, the second-favourite to win, the report noted.
 
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