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Kent vs Yorks - RLC

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Replies: 260
By:
VardonVoo.
When: 18 Aug 16 21:25
BF have a thing they call "Liquidity Pooling". They've had it in football markets for a while. I've noticed "mirrored bets" appearing elsewhere, possibly by independent bots, but it would be uber good if BF officially operated LP in cricket and tennis markets.
By:
winningthought
When: 18 Aug 16 21:26
As long as your bank can sustain 2^n, you'll always make money using Martingale.
By:
Fatslogger
When: 18 Aug 16 21:26

Aug 18, 2016 -- 9:20PM, VardonVoo. wrote:


If you backed at 1.5 each flip-flop and kind of Martingaled to recoup your losses you'd be risking a small fortune by now.


Oh, took me a while to understand this.  Thought you were describing the opposite approach of backing long odds rather than short.  Yep, that would have been a painful effort. 

Funny old thing, I've had a good day overall on results and dodged a bullet on the Surrey chase (backed when Northants 9 down thinking 1.57 was awful generous for a chase of likely under 240) but still feel a bit deflated after that finish not going to the end.

By:
Fatslogger
When: 18 Aug 16 21:26

Aug 18, 2016 -- 9:26PM, winningthought wrote:


As long as your bank can sustain 2^n, you'll always make money using Martingale.


You need the market to be pretty liquid too.

By:
Fatslogger
When: 18 Aug 16 21:27
That was missing off stump of a second set that lbw too!
By:
winningthought
When: 18 Aug 16 21:29
I missed the replay of that final dismissal. Looked a poor one in real time.
By:
VardonVoo.
When: 18 Aug 16 21:31
Yeah but how many flip-fops was that?  n=6 means your tenner has to become £320 just to avoid losing your fiver. I think there might have been at least that many there.
By:
trader pj
When: 18 Aug 16 21:32

Aug 18, 2016 -- 9:25PM, VardonVoo. wrote:


BF have a thing they call "Liquidity Pooling". They've had it in football markets for a while. I've noticed "mirrored bets" appearing elsewhere, possibly by independent bots, but it would be uber good if BF officially operated LP in cricket and tennis markets.


Mirrored bets are everywhere, part of the Bot culture - morons write these programmes I take money off them every day, i.e. not a worry

By:
trader pj
When: 18 Aug 16 21:33

Aug 18, 2016 -- 9:26PM, winningthought wrote:


As long as your bank can sustain 2^n, you'll always make money using Martingale.


2^n   good point! Cool

By:
trader pj
When: 18 Aug 16 21:33

Aug 18, 2016 -- 9:26PM, winningthought wrote:


As long as your bank can sustain 2^n, you'll always make money using Martingale.


2^n is not to be messed with !

By:
VardonVoo.
When: 18 Aug 16 21:36
I would have thought the mirrored bets would add welcome liquidity, even if the bots are written correctly.
By:
trader pj
When: 18 Aug 16 21:36

Aug 18, 2016 -- 9:29PM, winningthought wrote:


I missed the replay of that final dismissal. Looked a poor one in real time.


NOT OUT  ! and I was balls deep Yorks, so not money talking

By:
trader pj
When: 18 Aug 16 21:37

Aug 18, 2016 -- 9:36PM, VardonVoo. wrote:


I would have thought the mirrored bets would add welcome liquidity, even if the bots are written correctly.


how is it adding to liquidty is you have a shadow ?

By:
trader pj
When: 18 Aug 16 21:38

Aug 18, 2016 -- 9:31PM, VardonVoo. wrote:


Yeah but how many flip-fops was that?

By:
trader pj
When: 18 Aug 16 21:38
what if your unit is say £200 ?
By:
trader pj
When: 18 Aug 16 21:39

Aug 18, 2016 -- 9:31PM, VardonVoo. wrote:


Yeah but how many flip-fops was that?

By:
trader pj
When: 18 Aug 16 21:39
n = 7 or 8 tonight
By:
VardonVoo.
When: 18 Aug 16 21:48
By "mirrored bets" (and also the idea behind "liquidity pooling") I mean a bet in one market is mirrored in a related but less liquid market, meaning that if you have a position which you want to get out of which is now equivalent to, say, a draw in the main market, then you might have enough liquidity to get out in the same market instead of having to place a separate bet in the main market and run two opposing positions (and get screwed on the commission on the winning side eve if you lose overall). I wish they'd make commission payable onnly on net winnings across all markets related to one event though - that would be a great idea for a promotion, don't you think?
By:
trader pj
When: 18 Aug 16 21:50
probably I misunderstood tbh VV you have a good brain it is very clear :-)
By:
VardonVoo.
When: 18 Aug 16 21:50
Not always clear enough in the heat of the moment though!
By:
VardonVoo.
When: 18 Aug 16 21:55
What puzzles me is that if one side of the book is trading at say 60-70 and the other side is 1.01-1.02 why does the 60 not get matched even though 1.02s are getting laid on the other side? I thought the idea of a bet-matching algorithm was to ensure you got the best odds available on a given outcome.
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