You theory is certainly interesting, but I just cannot see why with the API you would be allowed to effectively beat the clock in place as the bet is subject to a different logical process. Have you got any evidence of this being the case because or is it speculation?

of course it's money of betfair. and some are from swedish company that has a deal with betfair on this. i can't believe that people are so ignorant here.

JML: And if a goal goes the other way they lose their money?

ALEX: Any proof of this?


All these theories could be true but it seems they are all speculation around a subject very few people know the truth about...

JML: I understand now, I should've paid more attention to your original post. It would seem that this is the most feasable theory out of those already suggested. Do you use this method yourself?

well then it must be betfair's market makers doing it

1. The money are not coming from the swedish company, it is easy to identify their bets and it is not them beating the clock
2. It could be betfairs own market makers but the money are sometimes only some pennies here and there that it makes me think that there are more than one punters being able to do this.
3.What JML suggest is possible to do but it is not what we are talking about. In JML exempel it is indeed possible to come early with money backing the favorite but there is no point doing it. What the guys beating the clock are doing is to LAY the favorite at slightly higher prices after the outsider scores and that is what you CANNOT do with JML suggestion.
4. These bets are certainly not keep bets, Retired Specialist and RMB have made some good points.
5. If there are people beating the clock after the suspension through an API programm, who says they dont beat clock in-running as well?

They use to lay/back both outcomes, not only one of them, and they often send 10000sek bets (8600e, 8000sterlines) with 5-10 tick spread, operating as a market maker in-running.
I just dont think its them.

If Betfair was a true p2p exchange, as it should be, there ought to be no mysteries or secrets, everything should be totally out in the open. It most certainly isn't, and the model as it set out to be no longer exists. A great shame, but alas greed wins as usual.

I've provided plenty of evidence on this thread that what I say is correct.

You've provided nothing but wild allegations.

Find a single example on Fracsoft to back up your claims.

For example--find a single example where the "total matched"

changes between the suspension and within 5 seconds of the market

being unsuspended.

JML, give it a break ffs, if you want to contribute pls do some research and you will find that what RMB and the others are saying is 100% correct.

No time to answer to you right now, I will come back later.

Is this not bots money? Because a bot won't have to sit there and wait for the suspend sign to be lifted, it will automatically know when the market is unsuspended and start its 8/5-second timer immediately.

jml has no idea about what happen  here but the problem with him is that he is offensive on us.

Back in 2009 it was a real trading, when there were no betfair money in my opinion. If you have traded long enough on betfair you would definately get the difference and no evidence on paper is needed to prove this. In the past years strange things started to happen with markets, one of them is what everyone describes here. Other thing that happens frequently is when you try to back at 1.2 with 100 for example and there are 2000 on the market, during the 8 sec delay suddenly all the money dissapear and move to 1.19 market, forcing you to back at lower odds. Some of you will say that this is regular trading, but this happens quite often to be just trading. All this proves to me that betfair has traders who watch the money coming to the markets and trade accordingly without the delay.

alex_4554 12 Nov 12 21:12 Joined: 23 Apr 11 | Topic/replies: 24 | Blogger: alex_4554's blog
Back in 2009 it was a real trading, when there were no betfair money in my opinion. If you have traded long enough on betfair you would definately get the difference and no evidence on paper is needed to prove this. In the past years strange things started to happen with markets, one of them is what everyone describes here. Other thing that happens frequently is when you try to back at 1.2 with 100 for example and there are 2000 on the market, during the 8 sec delay suddenly all the money dissapear and move to 1.19 market, forcing you to back at lower odds. Some of you will say that this is regular trading, but this happens quite often to be just trading. All this proves to me that betfair has traders who watch the money coming to the markets and trade accordingly without the delay.

I completely agree with that statement. Its the obvious excuse for a lot of the things going on with the exchange including hoovering and money coming onto the markets quickly after a suspend. Free money for betfair. Its their edge over the user bots and traders.

alex_4554
" forcing you to back at lower odds"

Nobody is forced to take the lower price

Real vs Dortmund,  Real were approx. 1.45 to win.
Dortmund leads 0-1, money coming  laying Real 1.55-1.65 directly after the release of the suspension sign.
This CANNOT be done with the keep bets option JML, do you agree with that? That is why we disagree with you.


I'm not sure what you are talking about because you mention "money coming".

This thread is about money already there after suspension.

I doubt that Real Madrid were 1.45 when Dortmund scored in the 28th
minute because that's exactly the price I backed them before the off.

Obviously I agree that you can't have keep bets laying at higher odds.

If you think something suspicious happened you can follow the market
on Fracsoft and provide us with second by second detail of your concern.

RMB,

I have coded algorithms to fire bets into the markets as quickly as possible following suspends, and I can tell you that the sort of algorithm you're suggesting is just not possible, API or not. The Betfair server doesn't accept any bet placement requests while the market is unsuspended. And the 5/8 second delay is applied from the moment that the bet request hits the server (unless, unbeknownst to me, they allow some special individual/group to bypass this restriction).

What I suspect is happening here is that the website, and possibly also other third party API services like BetAngel/Gruss, are sometimes slow to display the true SUSPENDED/ACTIVE status of the market. This can happen, even with the third party services, if the 'Getmarketstatus' calls made by those programs to Betfair's server return corrupt information. So some programs are able to submit bets from the instant that the market is truly unsuspended, even though the website and other services are still displaying the status as unsuspended.

ive wondered this myself before, literally within second 1-2 or market unsuspending there's money there albeit not much and garbage odds..but yea how?!