New Posts For Thread: A way to increase liquidity......https://community.betfair.com/general_betting/go/thread/view/94082/29772059/a-way-to-increase-liquidityRecently, I put forward the following idea, on the, Football Forum, on a way to increase liquidity.......I received ZERO responses. (Probably suggests that the idea is no good).So what do you think of the following idea......I am not sure whether thiI agree with jt45.....Back in the good old days (2002 etc)......This is exactly how it was....A spinning clock for TEN Seconds, which you could cancel at any time.I for one, did exactly as jt45 suggested, you do not have to be excessive, just submithttps://community.betfair.com/general_betting/go/thread/view/94082/29772059/a-way-to-increase-liquidity?post_id=529053859#529053859I agree with jt45.....Back in the good old days (2002 etc)......This is exactly how it was....A spinning clock for TEN Seconds, which you could cancel at any time.I for one, did exactly as jt45 suggested, you do not have to be excessive, just submitFri, 15 Feb 2013 04:37:44 -0600Whilst it would be easy to detect persistent activity of that nature, I'm not convinced that it would be easy to counter. Regardless, the current market-maker advantages would be greatly eroded. I believe that the volume traded IR would decrease as ahttps://community.betfair.com/general_betting/go/thread/view/94082/29772059/a-way-to-increase-liquidity?post_id=529048969#529048969Whilst it would be easy to detect persistent activity of that nature, I'm not convinced that it would be easy to counter. Regardless, the current market-maker advantages would be greatly eroded. I believe that the volume traded IR would decrease as aThu, 14 Feb 2013 20:19:30 -0600Not joking at all.If someone was placing a bet on the exchange every 7 seconds (or even more frequently) and cancelling it then this would be pretty easy to detect and counter by BF Terms and Conditions in hand with a simple technical solution to blohttps://community.betfair.com/general_betting/go/thread/view/94082/29772059/a-way-to-increase-liquidity?post_id=529048511#529048511Not joking at all.If someone was placing a bet on the exchange every 7 seconds (or even more frequently) and cancelling it then this would be pretty easy to detect and counter by BF Terms and Conditions in hand with a simple technical solution to bloThu, 14 Feb 2013 19:57:32 -0600Hi llama1,If you're suggestion was introduced, it's possible that a "Professional Sniper" may submit bets near simultaneously at both 1.23 and 1.39 in the above scenario. The bet at 1.23 being subject to the bet placement delay as you observed.If hehttps://community.betfair.com/general_betting/go/thread/view/94082/29772059/a-way-to-increase-liquidity?post_id=529047661#529047661Hi llama1,If you're suggestion was introduced, it's possible that a "Professional Sniper" may submit bets near simultaneously at both 1.23 and 1.39 in the above scenario. The bet at 1.23 being subject to the bet placement delay as you observed.If heThu, 14 Feb 2013 19:18:50 -0600Hi jt45,I would have thought that a "Professional Sniper" would not waste his time on placing a speculative BACK bet in @ 1.39 in that situation, on the outside hope that someone, within the last few seconds, has placed a LAY bet at that price......Shttps://community.betfair.com/general_betting/go/thread/view/94082/29772059/a-way-to-increase-liquidity?post_id=529044433#529044433Hi jt45,I would have thought that a "Professional Sniper" would not waste his time on placing a speculative BACK bet in @ 1.39 in that situation, on the outside hope that someone, within the last few seconds, has placed a LAY bet at that price......SThu, 14 Feb 2013 17:06:18 -0600Boil it down, lads.Root Problem = When placing a bet, you have to wait 8 seconds for it to hit the market before you can cancel it.Solution = Allow users to cancel a bet after placement, but before the 8 seconds has elapsed and it has hit the market.https://community.betfair.com/general_betting/go/thread/view/94082/29772059/a-way-to-increase-liquidity?post_id=529044049#529044049Boil it down, lads.Root Problem = When placing a bet, you have to wait 8 seconds for it to hit the market before you can cancel it.Solution = Allow users to cancel a bet after placement, but before the 8 seconds has elapsed and it has hit the market.Thu, 14 Feb 2013 16:54:11 -0600I meant exactly what jt45 explained... The real market maker would lose out.https://community.betfair.com/general_betting/go/thread/view/94082/29772059/a-way-to-increase-liquidity?post_id=529037929#529037929I meant exactly what jt45 explained... The real market maker would lose out.Thu, 14 Feb 2013 13:45:13 -0600llama1,My interpretation of tier's example, is that it is not Punter A but the person who originally placed the unmatched bet at 1.4 (available to lay) that is being described as the 'Market-Maker'. Punter A is simply attempting to match that bet. Tihttps://community.betfair.com/general_betting/go/thread/view/94082/29772059/a-way-to-increase-liquidity?post_id=529036357#529036357llama1,My interpretation of tier's example, is that it is not Punter A but the person who originally placed the unmatched bet at 1.4 (available to lay) that is being described as the 'Market-Maker'. Punter A is simply attempting to match that bet. TiThu, 14 Feb 2013 12:56:18 -0600Hi tier,Thanks for being the FIRST (And probably only) person to respond......With all due respect, "Punter A" is not really a "Market Maker"....He is trying to get an instant match @ 1.40 and therefore he is suffering the 5 second delay.My idea is rhttps://community.betfair.com/general_betting/go/thread/view/94082/29772059/a-way-to-increase-liquidity?post_id=529031011#529031011Hi tier,Thanks for being the FIRST (And probably only) person to respond......With all due respect, "Punter A" is not really a "Market Maker"....He is trying to get an instant match @ 1.40 and therefore he is suffering the 5 second delay.My idea is rThu, 14 Feb 2013 09:54:27 -0600Your case is fair but there would also be another case other way round that would not be fair. Lets say at 1.4 there is money waiting to be matched on the back side and there is a cap between the money and on the lay side first price available is athttps://community.betfair.com/general_betting/go/thread/view/94082/29772059/a-way-to-increase-liquidity?post_id=529028809#529028809Your case is fair but there would also be another case other way round that would not be fair. Lets say at 1.4 there is money waiting to be matched on the back side and there is a cap between the money and on the lay side first price available is atThu, 14 Feb 2013 08:39:13 -0600