who are the people that make free money

Either people trading from the venue or maybe Betfair's bot :)

it's unreal. courtsiders couldnt get away with it at the snooker, someone is cleaning up alright

If you cannot beat them then join them. All you have to do is suss out how they do it.

Easy peasy, lemon squeezy.

Working for TV company?

Bank Of England do this by pressing a few buttons

Raw feeds (NAP).

it is a safe bet the peeps that post here knowing what the answer is won't.

Alex doesn't know 1.01

I've often wondered why those snooker players keep fiddling with their mobile phones during a match.

live at the event 1.01

live at event or live 'live' feeds.

i reckon there are different methods at different places, ie mobile phones and someone on betfair at the end of the line, but not sure how it works with snooker.

as long as you could get internet access at cricket grounds abroad i'm sure you'd get away with it.

I saw an advert on gumtree offering free tickets and £20 to any football game to spend the whole game on the phone giving brief commentary.

There are some of us on betfair who work to "anticipate" the flow of a match or game.

Don't we get any credit?

brendanuk1 20 Nov 02:43
live at the event 1.01

I haven't been to a tennis match in Europe.

Case in point....Andy Murray last year. Watching the match, he is talking to himself, swinging at the air after the points, win or lose. "Come on, Andy" goes the crowd thinking they sense a comeback as he wins a game.

He keeps talking to himself on serve.....I'm laying even though it is moving in......sure enough, opponent gets two break points and the game......odds rocket out, as they should have ten minutes before.....Andy loses next game and is off to the showers.

I was not betting point to point. I could see he was losing it. The same as watching horses two bends away from the finish when you see the jockey already realizing there is nothing extra in the tank. Faster pictures might help you in the last furlong in a half. But being a good judge of a sport or type of event can make you alot more.

Oh, and feel free to back 1.10 on NHL hockey when the team is up 2-0 after twenty minutes. The league is averaging around 5.5 goals a game so plenty of room for a comeback ;)

That's totally unfair, Shapeshifter. You're stealing money by using superior knowledge.

I thought it was a pretty original concept :D

Alex the old wrinkled retainer 19 Nov 21:11
it is a safe bet the peeps that post here knowing what the answer is won't.

Does my post not count, Alex?

The competition against fast feed merchants is slowly but surely providing a massive edge for the rest of us.

*amongst, not against.

Troy McClure 1.01

In an A v B situation (a tennis game e.g.) you want to be at the head of the queue to back A and the head of the queue to lay A (I'm assuming the cross matching bot takes care of the B alternatives) just as the actual play for a point starts. At any point during play, if one of those two bets looks bad value you cancel it and hope the good value bet is taken. e.g. A serves an ace. You cancel your lay of A but not your back of A. Suppose before the ace is served backer X attempts to match your lay of A and layer Y attempts to match your back of A. X is disappointed because by the time his bet reaches the queue your lay of A is long cancelled. Poor Y though. His lay of A is matched despite seeing A serve an ace 5 seconds before his bet hits the queue and is matched.

I can't be bothered going into all the possibilities involved with that strategy. Suffice to say that, provided you cancel any bet as soon as they become bad value the strategy is a winning one. There will be cases where the value bet is already matched before you can cancel but overall you'll end up with more positive value bets than negative value bets (if both are taken you've got a winning trade). At the next point you adapt your stakes to take into account what happened at the previous point to effectively close out the previous point bets.

X & Y are the fall guys in this. Never bet in tennis except at neutral points.

If you use the above strategy while watching for overreactions (e.g. only laying the one that's being overbet) then you'll be getting free money.

Lori 20 Nov 12:19
The competition against fast feed merchants is slowly but surely providing a massive edge for the rest of us.

Lori, I saw this when I used to trade on NASDAQ in 1999, the time when day trading had peaked in North America.

Sometimes you just have to step back and let them implode on each other.

Value is there when you look at the reality of a situation rather than the perception that someone trying to make a point in fifteen seconds creates.

The competition has decreased. There are new fast feed merchants but less of them.

ttt for moon light.

Thanks for that, Feck. Does that mean that in-play delay does not apply to cancellation?

Yes ML. If you try to match an offer during play then you're unable to cancel while the clock is spinning meaning the owner has 7 seconds or whatever to decide if he wants his bet matched or not. The problem is betfair can't allow the offer taker to cancel during the countdown because that would allow users to beat the clock using the following method.

A bot continually submits in-play lays and backs of A. The bot cancels them a split second before they hit the queue unless it recieves a signal from the bot owner. If A wins a point, scores a goal, fells a wicket (whatever the sport) the user presses button A to indicate he wants the bot to let through backs of A. If A concedes a point, goal or wicket he presses button B to indicate he wants the bot to let through lays of A. The effect is the only bets that hit the queue are ones where play went in the bot owner's favour a split second before.

have they closed the 'australian wallet' loophole on that one? ^^^

Well before PGA tour brought in their new system I was able to view the live online omcoures PDA ball placements.

You had to be a USA citizen to register but I got one with an Amex card. Anyway it only really worked when Sky Sports went on a break.

Shots were played into the greens, puts were holed, water was hit and I could see it 20/30 secs before sky came back on.

The weekend of wonder happened on a course in 2005 when a guy was 4 up playing the 2nd last and trading 1.04. The nearest guy hit his 2nd into the par 5 - 18th and get it a foot from the hole. The leader hits his 2nd shot par 4 in the water. 4 shot swing. We lay off at 1.8 and win £20K.

Now is this **ing ??? I never felt guilty just using knowlede, a loophole.

Bottom line, DO NOT bet in running if you don't want stung.

it may be free money and will probably pay a decent amount

but what a truly sh1t job

spending your life stealing pennies from the market. good luck to you i say

its not stealing pennies poster before made 20k in few minutes

bainnyboy, you placed bets with a stupid bookmaker. The stupid bookmaker then ripped off other clients to make up this deficit and made a small profit. Many of these clients realised they had been ripped off and never used the stupid bookmaker again.