New Posts For Thread: exchange games - my ideashttps://community.betfair.com/exchange_games/go/thread/view/94066/23378910/exchange-games---my-ideashi i am new here and looking whether i should go into this,My perception is the following:1) Betfair created the software;2) Betfair is now actively putting bots to create the markets;Surely they did the match and all their prizes are optimal. What iPerhaps being overly naive here, but I really do think that the exchange games are being as honest as they need to be. Clearly, there are reasons that losses are happening, but... Commish - it's an honest percentage, there are no cashing out fees orhttps://community.betfair.com/exchange_games/go/thread/view/94066/23378910/exchange-games---my-ideas?post_id=416225290#416225290Perhaps being overly naive here, but I really do think that the exchange games are being as honest as they need to be. Clearly, there are reasons that losses are happening, but... Commish - it's an honest percentage, there are no cashing out fees orThu, 05 Nov 2009 11:02:32 -0600when ex.games first started only poker av....30k a game ....now lots of games dif.speeds 2-3k per game.https://community.betfair.com/exchange_games/go/thread/view/94066/23378910/exchange-games---my-ideas?post_id=416225286#416225286when ex.games first started only poker av....30k a game ....now lots of games dif.speeds 2-3k per game.Wed, 04 Nov 2009 17:11:55 -0600Frog, I have no idea what is required to get cash at the front of the queue. Clearly a commercial bot and a fast internet connection is not good enough.https://community.betfair.com/exchange_games/go/thread/view/94066/23378910/exchange-games---my-ideas?post_id=416225258#416225258Frog, I have no idea what is required to get cash at the front of the queue. Clearly a commercial bot and a fast internet connection is not good enough.Mon, 02 Nov 2009 14:54:16 -0600Yet again I agree Jazza, most of the games would run fine without BF putting in any liquidity. But I suppose they would claim they need to keep that option, to ensure the games will operate 24/7 if some of the mm bots went down for whatever reason.https://community.betfair.com/exchange_games/go/thread/view/94066/23378910/exchange-games---my-ideas?post_id=416225254#416225254Yet again I agree Jazza, most of the games would run fine without BF putting in any liquidity. But I suppose they would claim they need to keep that option, to ensure the games will operate 24/7 if some of the mm bots went down for whatever reason.Mon, 02 Nov 2009 14:50:07 -0600The strongest and the fittest will always win in the end.Xgames is perhaps no different from anything else in this sense.Painful but true ?https://community.betfair.com/exchange_games/go/thread/view/94066/23378910/exchange-games---my-ideas?post_id=416225250#416225250The strongest and the fittest will always win in the end.Xgames is perhaps no different from anything else in this sense.Painful but true ?Mon, 02 Nov 2009 14:49:28 -0600OK Grunweld, let's for argument sake assume that the close spread prices are being made by non BF bots.Thus it should therefore be simply a question of speed as to who gets their bets matched at these prices.Do you know what it would take iin a technhttps://community.betfair.com/exchange_games/go/thread/view/94066/23378910/exchange-games---my-ideas?post_id=416225246#416225246OK Grunweld, let's for argument sake assume that the close spread prices are being made by non BF bots.Thus it should therefore be simply a question of speed as to who gets their bets matched at these prices.Do you know what it would take iin a technMon, 02 Nov 2009 14:45:36 -0600The question is do the games REALLY need their liquidity?If not then they could do themselves a favour and NOT get involved. As long as they ARE involved then they will fuel the FIXED conspiracies.https://community.betfair.com/exchange_games/go/thread/view/94066/23378910/exchange-games---my-ideas?post_id=416225242#416225242The question is do the games REALLY need their liquidity?If not then they could do themselves a favour and NOT get involved. As long as they ARE involved then they will fuel the FIXED conspiracies.Mon, 02 Nov 2009 14:23:52 -0600BF's official stance is that they are not actively involved in market making, but merely provide additional liquidity at the poorer price levels. However, there is no way of establishing the truth of this and I doubt if anyone believes it anymore.https://community.betfair.com/exchange_games/go/thread/view/94066/23378910/exchange-games---my-ideas?post_id=416225238#416225238BF's official stance is that they are not actively involved in market making, but merely provide additional liquidity at the poorer price levels. However, there is no way of establishing the truth of this and I doubt if anyone believes it anymore.Mon, 02 Nov 2009 13:50:41 -0600Why is it necessarily other non-BF bots that bring the prices together so closely ?.BF wins even at the close spreads long term, without any need for matching or greening up, as it pays no commission effectively ( or rather it pays the commission tohttps://community.betfair.com/exchange_games/go/thread/view/94066/23378910/exchange-games---my-ideas?post_id=416225234#416225234Why is it necessarily other non-BF bots that bring the prices together so closely ?.BF wins even at the close spreads long term, without any need for matching or greening up, as it pays no commission effectively ( or rather it pays the commission toMon, 02 Nov 2009 12:33:59 -0600Betfair's bots maintain a certain spread between back and lay prices. It is other peoples' bots that bring the prices so close together - it is them that you will compete against or do business with most of the time, not betfair.Take an evens shot. Yhttps://community.betfair.com/exchange_games/go/thread/view/94066/23378910/exchange-games---my-ideas?post_id=416225218#416225218Betfair's bots maintain a certain spread between back and lay prices. It is other peoples' bots that bring the prices so close together - it is them that you will compete against or do business with most of the time, not betfair.Take an evens shot. YMon, 02 Nov 2009 08:38:46 -0600