New Posts For Thread: Just spoke to betfair about the issue of "Fixing" and "liquidity"https://community.betfair.com/exchange_games/go/thread/view/94066/25635705/just-spoke-to-betfair-about-the-issue-of-fixing-and-liquiditySpoke to a guy in the exchange games team, asked him about exchange games and asked if "Betfair" provides liquidity. Hesaid that betfair provides " a small amount of inititial liqudity in the first round of every game" they do not fix games because (One footed pony.BF sets the odds through a bot. It doesn't manage them.Grunweld is simply saying that no other bots can get a look in. But if they could the odds would be no different.Just a different set of mkt. makers would then be coining it.To thhttps://community.betfair.com/exchange_games/go/thread/view/94066/25635705/just-spoke-to-betfair-about-the-issue-of-fixing-and-liquidity?post_id=462378429#462378429One footed pony.BF sets the odds through a bot. It doesn't manage them.Grunweld is simply saying that no other bots can get a look in. But if they could the odds would be no different.Just a different set of mkt. makers would then be coining it.To thTue, 17 Aug 2010 23:03:33 -0500I'm not sure if that's the nutshell, but BF calculate the odds in order to display them on their site and the API service. Other bots may also calculate the odds independently and place money in the markets at those prices. My main argument is thathttps://community.betfair.com/exchange_games/go/thread/view/94066/25635705/just-spoke-to-betfair-about-the-issue-of-fixing-and-liquidity?post_id=462322949#462322949I'm not sure if that's the nutshell, but BF calculate the odds in order to display them on their site and the API service. Other bots may also calculate the odds independently and place money in the markets at those prices. My main argument is thatTue, 17 Aug 2010 15:21:46 -0500So Betfair manage the odds through a bot ?Is that it in a nutshell ?https://community.betfair.com/exchange_games/go/thread/view/94066/25635705/just-spoke-to-betfair-about-the-issue-of-fixing-and-liquidity?post_id=462306533#462306533So Betfair manage the odds through a bot ?Is that it in a nutshell ?Tue, 17 Aug 2010 13:45:01 -0500Never heard that argument before.Look you know, I know, that BF doesn't need to fix the games, because the mathematics are in their favour without the need for any fixing. QED.https://community.betfair.com/exchange_games/go/thread/view/94066/25635705/just-spoke-to-betfair-about-the-issue-of-fixing-and-liquidity?post_id=462239921#462239921Never heard that argument before.Look you know, I know, that BF doesn't need to fix the games, because the mathematics are in their favour without the need for any fixing. QED.Tue, 17 Aug 2010 03:23:38 -0500It's equally funny that all this removes one of main arguments against the fixed theory - that they couldn't fix them because all the independent mm's would leave the games - QED.https://community.betfair.com/exchange_games/go/thread/view/94066/25635705/just-spoke-to-betfair-about-the-issue-of-fixing-and-liquidity?post_id=462238745#462238745It's equally funny that all this removes one of main arguments against the fixed theory - that they couldn't fix them because all the independent mm's would leave the games - QED.Tue, 17 Aug 2010 02:51:01 -0500Yep. If you don't laugh you'll just cry.https://community.betfair.com/exchange_games/go/thread/view/94066/25635705/just-spoke-to-betfair-about-the-issue-of-fixing-and-liquidity?post_id=462198885#462198885Yep. If you don't laugh you'll just cry.Mon, 16 Aug 2010 19:09:39 -0500I agree its all just semantics, so why do Betfair feel the need to lie about the source of the liquidity? This is my real gripe. If it makes no difference as you suggest, then they should just state that all early liquidity is provided by them. Evehttps://community.betfair.com/exchange_games/go/thread/view/94066/25635705/just-spoke-to-betfair-about-the-issue-of-fixing-and-liquidity?post_id=462187045#462187045I agree its all just semantics, so why do Betfair feel the need to lie about the source of the liquidity? This is my real gripe. If it makes no difference as you suggest, then they should just state that all early liquidity is provided by them. EveMon, 16 Aug 2010 17:44:32 -0500I agree that exchange games is a bit of a misnomer.But really, it doesn't make a lot of difference in the end who are the mkt. makers.If BF wasn't in their with their powerful bots, somebody else ( smarter than all others) would be in there at the frhttps://community.betfair.com/exchange_games/go/thread/view/94066/25635705/just-spoke-to-betfair-about-the-issue-of-fixing-and-liquidity?post_id=462179589#462179589I agree that exchange games is a bit of a misnomer.But really, it doesn't make a lot of difference in the end who are the mkt. makers.If BF wasn't in their with their powerful bots, somebody else ( smarter than all others) would be in there at the frMon, 16 Aug 2010 17:01:29 -0500Well it would make it more like a true exchange, if mug punters could offer bets at more attractive odds. But I didn't mean that, it simply is impossible to get any money into the markets at the best odds with all the Betfair money and have any hopehttps://community.betfair.com/exchange_games/go/thread/view/94066/25635705/just-spoke-to-betfair-about-the-issue-of-fixing-and-liquidity?post_id=462156641#462156641Well it would make it more like a true exchange, if mug punters could offer bets at more attractive odds. But I didn't mean that, it simply is impossible to get any money into the markets at the best odds with all the Betfair money and have any hopeMon, 16 Aug 2010 14:43:46 -0500Grunweld.Maybe you're right but does it matter ?.If ( say) you could be an odds maker at the beginning of any of the games, would you in fact provide any different starting odds ?I think not, unless you think they are mathematically off ?So what's thhttps://community.betfair.com/exchange_games/go/thread/view/94066/25635705/just-spoke-to-betfair-about-the-issue-of-fixing-and-liquidity?post_id=462146981#462146981Grunweld.Maybe you're right but does it matter ?.If ( say) you could be an odds maker at the beginning of any of the games, would you in fact provide any different starting odds ?I think not, unless you think they are mathematically off ?So what's thMon, 16 Aug 2010 13:47:38 -0500