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General Betting
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These 93 comments are related to the topic:
Do Betfair only listen to their big customers?
Do Betfair only listen to their big customers?
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frog2 Joined: 01 Feb 08
Replies: 37 09 Jun 10 07:44 I think Betfair published research into this for the Gambling Commission investigation that proved that inrunning betting on Betfair is fair. The number of players with fast pictures actually makes the market more efficient and fairer for at home players I think was the conclusion. A conclusion reached by a mix of people who are either happy with the status quo (because it's difficult to do anything about it), or have no idea how the exchange works. This doesn't seriously affect me, as I only do football. But that truly is nonsense. People with fast pics have a massive advantage, the fact that they are competing against others with fast pics, doesn't make it fair. It's no different than saying that when plenty of people know a match is fixed and they bet on it, the fact that they are competing against each other makes it fair and efficient... |
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I don't bet in play, but I'm unsure what is wanted here. With Betfair being unable to provide a perfect live feed of events you are going to need a bet delay. How long a bet delay do you want, because the kind of time delay needed to protect your regular punter at home from backing fallen horses will no doubt be unacceptable to the vast majority of you, particularly in events as fleeting as horse races. And if you want a delay that stifles people at the track to enable you to pick off Joe Couch Potato's bet on the fallen horse then surely you are a hypocrite.
The argument that comes across is that people who are betting live at the event are doing something wrong. Personally I don't see it that way, the closer the market is to actual events the better. If I was betting on a sports fixture in play I'd want the prices to reflect what is actually happening, not on what my Sky TV pictures are telling me some 20 seconds behind the action. |
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You need to read the thread again. No one is saying the track players are doing anything wrong. What we would like to see is Betfair who profit massively from in running actually appearing to care about the majority of their customers being at a disadvantage. Tony Calvin seems to think it is not Betfairs problem which is a disgrace
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The fact that the pics are now coming down a super fast fibre optic rather than satellite changes things. No excuse now for the delays is there[smiley:crazy]
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So what would you want Rueben- I don't think Betfair are in a position to provide perfect live pictures for every event they have in play.
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I cannot even get two quid matched IP, when i want to lay off using Gruss triggers its bolloc---ks imo the way the IP markets have gone
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They have had opportunities to do something about picture speeds in the past but refused to pay the price. A very short sighted approach but no great surprise there. I do not expect anything to happen with the current management team as they have one eye firmly on a flotation.
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The technology has improved no end so it's probably an effort to actually deliver delayed pics. BT have 2.5GB lines, that right 2.5GB
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The whole level playing field argument is complete nonsense. Firstly, there are no advantages available that are not available to everyone so how can that possibly be deemed unfair. Anyone who is making 100k per month trackside gets my utmost respect and if it were skilless and easy I suspect there would be many more people doing it.
Secondly there are allsorts of advantages, speed advantages on feeds, bots, different interfaces. Even skill and knowledge. It is simply impractical to level all these things out. Thirdly, we don't want a level playing field!!! Those of us on here who make money do so fundamentally because the casual punter is willing to match bets with us that are weighted in our favour. We can ensure this because we have some kind of advantage over them. One, some or all of those mentioned above, maybe there are others I am unaware of. |
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Great Whyte - where are these feeds you speak of?
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those with the raw feed always pop up in forum to wild things up
300 ms behind live PMSL |
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Delays and suspensions can only ever go so far. In some sports, Betfair are regularly allowing clients to place losing bets on events which have already been determined. Which can't be right.
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You mean by backing 0-0 after a goal has been scored? If someome wants to release their funds by wasting a few quid this way, as opposed to waiting until the end of the match, what's the problem?
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*someone
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