New Posts For Thread: How does the odd workhttps://community.betfair.com/exchange_games/go/thread/view/94066/25183581/how-does-the-odd-workWhen I see exchange black jack. here is what I see(Back) 2.07/$1101 (Lay) 2.09/$1091Since I can click and bet the back odds at 2.07. Does that mean that someone or many already offer lay at 2.07 for $1101 which is unmatch bet. is that right??.. whdefinitely losing, odds at 1.08 to me should mean that it should win 11 1/2 times out of 12 1/2 hands, i backed 4 1.08's in a row and lost 3 out of 41.02's are worse, they theoretically should win 49 times out of 50, i backed 5 1.02'shttps://community.betfair.com/exchange_games/go/thread/view/94066/25183581/how-does-the-odd-work?post_id=456519229#456519229definitely losing, odds at 1.08 to me should mean that it should win 11 1/2 times out of 12 1/2 hands, i backed 4 1.08's in a row and lost 3 out of 41.02's are worse, they theoretically should win 49 times out of 50, i backed 5 1.02'sFri, 09 Jul 2010 16:32:19 -0500Winning? I think you mean losing.https://community.betfair.com/exchange_games/go/thread/view/94066/25183581/how-does-the-odd-work?post_id=454494961#454494961Winning? I think you mean losing.Thu, 01 Jul 2010 17:56:38 -0500so most of the time we are exchanging with house market! what is the percentage of we are winning..https://community.betfair.com/exchange_games/go/thread/view/94066/25183581/how-does-the-odd-work?post_id=454407145#454407145so most of the time we are exchanging with house market! what is the percentage of we are winning..Thu, 01 Jul 2010 06:38:59 -0500Historically, there were very fast bots operated by 3rd parties that possessed their own game algorithms and could place money in the markets at appropriate prices before anyone else.Now Betfair run some or all of these market-making bots, so in manyhttps://community.betfair.com/exchange_games/go/thread/view/94066/25183581/how-does-the-odd-work?post_id=454263837#454263837Historically, there were very fast bots operated by 3rd parties that possessed their own game algorithms and could place money in the markets at appropriate prices before anyone else.Now Betfair run some or all of these market-making bots, so in manyWed, 30 Jun 2010 06:19:02 -0500When I see exchange black jack. here is what I see(Back) 2.07/$1101 (Lay) 2.09/$1091Since I can click and bet the back odds at 2.07. Does that mean that someone or many already offer lay at 2.07 for $1101 which is unmatch bet. is that right??.. whhttps://community.betfair.com/exchange_games/go/thread/view/94066/25183581/how-does-the-odd-work?post_id=454257241#454257241When I see exchange black jack. here is what I see(Back) 2.07/$1101 (Lay) 2.09/$1091Since I can click and bet the back odds at 2.07. Does that mean that someone or many already offer lay at 2.07 for $1101 which is unmatch bet. is that right??.. whWed, 30 Jun 2010 04:19:03 -0500