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Have Betfair still not got a market up?

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Replies: 102
By:
mexicano
When: 08 Feb 12 22:46
well

the other bookmakers only have one side of the trade to worry about.

as i said they've experienced problems before.
By:
jason-dodd
When: 08 Feb 12 22:47
Same problem though, one or two sides... if it's the rules we're talking about.
By:
temporaryname
When: 08 Feb 12 22:47
where is the market please? I cannot find it on Betfair
By:
pixie
When: 08 Feb 12 22:48
Who is England head coach for their first competitive game in Euro 2012 or whatever. How hard is that?
By:
mexicano
When: 08 Feb 12 22:48
and as you know this aint a bookie site it's an exchange. so you have people who think they're laying the next permanent manager to people who think they're backing the guy who'll be in charge for the next game, and they aint always one and the same.
By:
jason-dodd
When: 08 Feb 12 22:50
Same issue mex - ultimately you have a person placing a bet that needs to check the rules before betting.

No difference on Betfair than on any other site.
By:
mexicano
When: 08 Feb 12 22:51
they had a situation once where a geezer was given the job on a long[ish] contract, but wasn't called as a permanant appointment.

there was murders over that one.
By:
jason-dodd
When: 08 Feb 12 22:52
Why would that problem be any different for another bookmaker?
By:
mexicano
When: 08 Feb 12 22:52
i understand that jason

but bf normally operate a next PERMANENT manager mkt, and i dare say they want to see how the land lies before they get involved.
By:
jason-dodd
When: 08 Feb 12 22:53
So does every other bookie - there's no difference, and you know it.
By:
mexicano
When: 08 Feb 12 22:55
the reason it's differnt for other bookmakers is because they are laying , rather than acting as an exchange, so they only have responsibilities to one lot, whereas bf ,in the case of disputes have both sides of each trade with a point of view.

and usually they both reckon they've won.
By:
jason-dodd
When: 08 Feb 12 22:56
That's not a difference, that's just more people.

Every person - whether it be on another bookmaker or Betfair - would be affected by one bet and the rules associated with that bet.
By:
mexicano
When: 08 Feb 12 22:58
no that is not the way it is.

you get differnt markets with differnt rules.

that's why i posted a warning earlier.

you could have the situation where bf are bretting on the next permanent manager, and the high streets pay out on the geezer who's in charge for the holland match.

it's happened before.
and it's pandemonium.
By:
jason-dodd
When: 08 Feb 12 23:00
It's no different.

You as a punter - whether you're laying, backing, or both, are affected by the rules of the market. The guy that loses his bet on the high street would have the same complaint as the guy that layed it on Betfair.
By:
mexicano
When: 08 Feb 12 23:01
as i said earlier. they've had people trading/arbing across differn#t sites and they've settled differnt bways.

it has been kmnown to end up in court.

so they are very circumspect with these markets nowadays.
By:
book
When: 08 Feb 12 23:01
they've opened markets before with interim managers not counting,only official permanent manager wins,can't be that hard to understand.
By:
jason-dodd
When: 08 Feb 12 23:03
I heard you. And it doesn't change the fact that, ultimately, every punter is in the same situation - whether they back,lay or trade. It all comes down to whether the rules of the market(s) that they have used match what they thought.

They're being overly cautious imo
By:
mexicano
When: 08 Feb 12 23:04
that's right book

but one time real madrid called somebody an interim manager when they gave him a 12 month contract.

the high st paid out bf didnt.

i imagine they're waiting to see what the fa do before they formulate the wording of any market.
By:
mesmerised
When: 08 Feb 12 23:04
Some bookie have stopped taken bets on Redknapp.
By:
jason-dodd
When: 08 Feb 12 23:06
I stand by my original comment - it's pathetic that they are so far behind.
By:
mexicano
When: 08 Feb 12 23:06
you may well be right that they're being overly cautious.

but it's understandable as they've had quite a bit of trouble with these markets in the past.
By:
Biscuit1979
When: 08 Feb 12 23:06
The moral of the story here is.............always ensure you have accounts with other sites for those inevitable occasions when betfair let you down
By:
jason-dodd
When: 08 Feb 12 23:08
I disagree mex - it's easy to be cautious but get the market up. A nice clear rule about it on the page would suffice.


Biscuit... that's taken care of Happy
By:
mesmerised
When: 08 Feb 12 23:08
clambering over the prospect of backing Redknapp at 1.01 is pointless anyway.
By:
mexicano
When: 08 Feb 12 23:08
i haven't looked at any other sites.

are they betting on who'll be in charge for the next match, the euros, next permanant , or next full time?

cos they could all be the same candidate,but they could be 4 differn't people.
By:
jason-dodd
When: 08 Feb 12 23:11
Exactly mexicano.

If there's confusion there but they have the market up, that kind of proves my point.
By:
Biscuit1979
When: 08 Feb 12 23:12
Next match has already been announced as Pearce hasn't it, so it's unlikely the betting is for that.
By:
Rosie47
When: 08 Feb 12 23:12
Purple worded it as the next permanent manager, and under their rules it is someone who signs a contract for at least 1 year.

Perfectly simple, no ambiguity...and no reason why betfair couldn't do exactly the same.
By:
mexicano
When: 08 Feb 12 23:16
i would have thought that the fact that there could be confusion, and people trading/arbing acroos differn't markets thinking they're the same , when in fact they are differnt backs up their policy about being very carefull about the way they word their market.

we are in a situation where there could be more than one person managing england in the next few games, and experience tells me that causes bf problems in these kind of markets. so that's probably why they're being extremely cautious.
By:
jason-dodd
When: 08 Feb 12 23:17
So mex, you think Betfair have done the right thing and all the other bookies are wrong/silly?
By:
mexicano
When: 08 Feb 12 23:18
i take your point rosie and agree with you.

but as i said they tread very carefully in these mkts.
By:
mexicano
When: 08 Feb 12 23:20
i don't really take a view one way or the other jason.

i'm just tekking you that i know they've had aggro with these mkts, and ended up in court over them. so therefore i understand their caution.
By:
jason-dodd
When: 08 Feb 12 23:22
I'm fully aware of that.

But so many things today are restricted because a minority are affected. People should take responsibility for their actions and check the rules before they bet - as the other bookies have clearly suggested.
By:
Biscuit1979
When: 08 Feb 12 23:23
All this fuss about a market that only becomes worth trading if Redknapp say's he's not interested. If he wants it, it's his and there's no need for a market. And seeing as Harry isn't exactly shy in talking to the press, we'll have a good indication sooner rather than later i think.
By:
jason-dodd
When: 08 Feb 12 23:24
That's not actually the case biscuit... if you were quick off the mark
By:
pixie
When: 08 Feb 12 23:26
Mexicano, please go back and read all your posts and then admit that you never had an arguement, you hadn't thought things through and that you were wrong.
By:
mexicano
When: 08 Feb 12 23:27
that's fair comment.

but bookies only have the punters to worry about, if there's a dispute they sling the rules at them and settle.

bf ,as you know is differn't if there's a dispute they are right in the middle and have to deal with clients on both sides.

add to this people who are maintaining a position across various sites [who can all settle slightly differntly] amd as i said it  can be pandemonium.
By:
jason-dodd
When: 08 Feb 12 23:27
pixie - there's as much chance of that happening as there is of Capello being the next England Manager...
By:
jason-dodd
When: 08 Feb 12 23:28
mex - they're still punters of betfair, no difference, just more of them.
By:
mexicano
When: 08 Feb 12 23:29
Mexicano, please go back and read all your posts and then admit that you never had an arguement, you hadn't thought things through and that you were wrong.
-----------------------------------------------------------

how can i be wrong here?

i'm only posting my opinion about why they haven't put a market up.
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