|
By:
good value losers 09 Mar 16:05
luckylucas - i think most people understand perfectly, and the penny hasn't dropped with you or you a trolling. I think you think you understand perfectly, but what you believe cannot be happening....it would play right into the bookies hands and betfair would be finished as it would not be fair |
|
By:
Roger. IF they are working on this then it's a disgrace they are testing it on a Live Platform at this stage of implemenatation.
|
|
By:
they don't need to interfere and in fact shouldn't be
they have ballsed up the solution to a problem that doen't exist betfair playing the markets, in whatever guise, mustn't be allowed, simple as |
|
By:
true blue 09 Mar 16:05
luckylucas. 09 Mar 16:03 I think everyone has misunderstood to be fair......and hence we need some clarification from Betfair, as our rumblings and arguments aren't getting us anywhere. Exactly Lucky which makes you wonder what sort of company we are actually dealing with. But I believe they didn't expect this interpretation to be jumped too and if it iscorrect...which I doubt, they will pretty quickly have to step back from it :0 |
|
By:
What else can the below imply ? They must be working on a solution ?
Q. If Betfair can match across selections why arent those prices displayed in the market view? A. We believe that if a customer sees a price on the screen and they place a bet to match it they will expect to be matched at that price even if they request a worse price. We therefore expect to display prices that could be matched across selections once we have an efficient way of providing best execution across selections |
|
By:
we know that, if its into a different area you get the price asked...thats fair enough, you wouldn't have got matched at all before....or would have had to wait
|
|
By:
what about my question lukeman?
|
|
By:
the man marcus 09 Mar 16:05
luke? the man marcus 09 Mar 15:46 it didn't take long actually goes onto the next matey waiting at 1.02 what would happen if the 1.02 layer and me were the only players in the market and the trades mentioned were the only trades placed? It wouldn't match fully |
|
By:
What is fair about giving one punter one price and another a different price and pocketing the difference ?
|
|
By:
They are not pocketing the difference.....they are matching it
|
|
By:
my second question where me and the layer are the only players and the 10 layed at 60s and 500 matched at 1.02 are the only trades
what if there is no-one to shovel the additional 90 onto, what then? |
|
By:
You might as well talk to a rocking horse
|
|
By:
Are you just being annoying Lucas or do you just not grasp something that betfair have admitted to by e-mail and on the phone.
|
|
By:
Queue A - 10 people are waiting to buy a slice of cake
Queue B - one person comes along with a cake, his cake will make 6 slices and so there are 4 people still waiting, this supplier out of goodwill to the operator has 2 extra slices....they get given to the waiting queue leaving only 2 waiting (It was his choice to give extra)........ ......there is then a recall due to glass in the cake, the Queue return the 8 pieces to the vendor....there is no surplace cake for the market operator ;) |
|
By:
heres another example lucas:
theres a very empty market. team a: n/o / 1.01 980 (asking to back 1.01) team b: n/o / n/o Imagine if someone came along and requested to back 20 at odds of 50.0 on team B. The bet would be matched immediately due to new system. The 1st punter would be risking 20 to win 980. The 2nd punter would be risking 980 to win 9.80. Can you tell me how this is matching bets? Its not matching bets at all. Both parties are subject to different liabilities and potential profit. |
|
By:
the man marcus 09 Mar 16:18
my second question where me and the layer are the only players and the 10 layed at 60s and 500 matched at 1.02 are the only trades what if there is no-one to shovel the additional 90 onto, what then? waits to get matched ? by the next backer ? |
|
By:
How thick can you be? It's like schalke all over again
|
|
By:
He's winding you up
|
|
By:
Robin we all know your scenario is correct it is just Lucas you can't seem to grasp it.
|
|
By:
the market dries up and those trades were the only ones placed
or the site crashes allowing no more trades etc etc worse case scenario, what would betfair do with the additional 90 they have, return it to me? some how i dou8bt that very much |
|
By:
They are not pocketing the difference.....they are matching it
They are matching the difference rather than pocketing it? What does that mean? Call it what you like. Betfair are pocketing the difference Betfair are matching the difference Betfair are stealing the difference However you put it, Betfair are keeping the difference for themselves |
|
By:
Have to say I scared myself a bit with what I typed reading it back - but I've learned from it that it can clarify things when they're down in writing.
You're right JML, both the transactions are complete but there is someone with a 90 liability that isn't going to go to a customer. |
|
By:
luckylucas. 09 Mar 16:23
the man marcus 09 Mar 16:18 my second question where me and the layer are the only players and the 10 layed at 60s and 500 matched at 1.02 are the only trades what if there is no-one to shovel the additional 90 onto, what then? waits to get matched ? by the next backer ? or infact it doesn't match at all unless it can all be matched fully ?? who knows thats why it needs clarification.....seems to me there are lotsd of arrogant people who think they know the answer, when infact there is only one arrogant organisation that can give us the answer!! |
|
By:
At least we agree on something Lucas. Come on betfair sort it out.
|
|
By:
MoreTea 09 Mar 16:25
They are not pocketing the difference.....they are matching it They are matching the difference rather than pocketing it? What does that mean? Call it what you like. Betfair are pocketing the difference Betfair are matching the difference Betfair are stealing the difference However you put it, Betfair are keeping the difference for themselves I don't think they are (could be wrong, but until they confirm no one will know).....the difference is going to the market and is matched...If I have layed at 60 when 1.02 is backing, then more people will get their backs matched then if I had done it directly with them |
|
By:
exactly luke, which makes betfair's decision to roll this out absolutely disgraceful
flawed? not so sure it is not telling us? inexcusable complete and utter disdain for its customers which surely speaks volumes, even to the people supporting them |
|
By:
RogerLFC 09 Mar 16:29
At least we agree on something Lucas. Come on betfair sort it out. To allow this panic and continuing bad press is madness....I am convinced the answer will be nothing like as bad as some believe...and betfair will not be skimming...but ffs confirm it you TW@S |
|
By:
for me the argument shouldn't be how the bot works or why it isn't but what is it doing here in the first place
anyone seriously trust betfair after this? |
|
By:
the man marcus 09 Mar 16:31
exactly luke, which makes betfair's decision to roll this out absolutely disgraceful flawed? not so sure it is not telling us? inexcusable complete and utter disdain for its customers which surely speaks volumes, even to the people supporting them Not telling us is the pits, the fact we are all on here, trying to work out if we are being robbed is disgusting....I think for the majority above it is no problem...although as above you are laying customers at 1.02 but are infact laying at higher....the fact Betfair don't gain is irrelevant...it is a bit robin hood to say I'm spreading on your money to others (even if you requested it) |
|
By:
Marcus I don't mind the bot matching across markets but it needs to do it at the actual matched prices. If one person is offering to lay at 1.9 then the other person should get 2.11 instead of the 2.0 that he may have asked for.
|
|
By:
the man marcus 09 Mar 16:32
for me the argument shouldn't be how the bot works or why it isn't but what is it doing here in the first place anyone seriously trust betfair after this? I think tbh they have done it with the best intentions of getting more customers matched easier and people getting what they asked for without hanging about in non-fluid options or markets...but the complications and rumour starting caused is very damaging and will do more harm than any improved matching. |
|
By:
RogerLFC 09 Mar 16:37
Marcus I don't mind the bot matching across markets but it needs to do it at the actual matched prices. If one person is offering to lay at 1.9 then the other person should get 2.11 instead of the 2.0 that he may have asked for. That is the ideal...yes |
|
By:
you can't be both poacher and gamekeeper
what happens if the program collapses in a market and ends up costing betfair 100s of thousands? if there's a dispute? can we expect them to be impartial? not sure who said it but other than runnign things properly they have to appear to run things properly involvement in the market will lead to suspicion every single time something goes wrong why risk even a slight taint on their integrity? |
|
By:
Marcus I don't mind the bot matching across markets but it needs to do it at the actual matched prices. If one person is offering to lay at 1.9 then the other person should get 2.11 instead of the 2.0 that he may have asked for.
......... Have to say I don't agree with this, the person laying the 2.0 DESERVES to be matched because that person has found someone wanting to back at 2.0. Sharp minds and all that. |
|
By:
there can't be a single tennis trader who hasn't thought in the last few days:
hang on, betfair are in this market and they have no delay |
|
By:
The man marcus---You've been here long enough to remember
the system they had in place up to about 5 years ago. Why don't they re intruduce that? |
|
By:
The man marcus---You've been here long enough to remember
the system they had in place up to about 5 years ago. Why don't they re intruduce that? |
|
By:
can't say i do as it happens?
|
|
By:
It all explained in my thread----15.23
|
|
By:
Brandon, If there was someone on the same side of the market laying the 2.0 then this would always match. It is only when there is no match on the one side of the market that betfair will cross-match and this is when best odds should still be given.
|