General Betting
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Q) One of the more interesting components of exchange wagering is “in-race” betting. From a technology standpoint, considering that there are delays in transmission because of the industry’s use of satellite technology to broadcast races, how can Betfair make that happen with certainty that no “past posting” takes place?
SB) Betfair has the most sophisticated audit trail of any wagering company and we would welcome the opportunity to bring that technology to the United States. Of course, we will only do so if the racing regulators are comfortable that all customers have a level playing field.
Interview available from paulickreport.com and some other interesting issues are covered.
SB) Betfair has the most sophisticated audit trail of any wagering company and we would welcome the opportunity to bring that technology to the United States. Of course, we will only do so if the racing regulators are comfortable that all customers have a level playing field.
Interview available from paulickreport.com and some other interesting issues are covered.
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Maybe we could have a level playing field here too.... strange Betfair cant produce fast streams but the irish firm did so inadvertently.
1.Pictures delivered from anywhere in the world in under a second and displayed through our dual screen state of the art streaming application 2.All TV schedules from around Europe and the world pre built into a server based share point document doing away with the need for internal fixture compilers. 3.High quality H.264 500kbps streams. 4.Support around the clock of and in house team who verify events take place as when advertised ensuring backups in the event of failure. 5.Knowhow and experience that cannot be found anywhere else, providing broadcaster knowledge and in depth knowledge of who delivers the fastest pictures 6.Access to remote worldwide locations in America, Russia, Middle East and Asia. 7.Complete out of the box reliable solution. 8.Allow traders to work from home and view pictures while trading. 9.Can't get traders to move to your location? Not to worry as they can watch and trade real time pictures from anywhere in the world. |
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paulickreport.com has to be the worst web site i have ever seen.
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If anyone has a suggestion as to how to circumvent the various technical issues to help overcome the variance in service I am sure the broadcasters would be delighted to hear from you or you could let us know and we'll take it up directly with them.
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tell them to just sort it. seems to be the normal advice senior management give.
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If you had an agreement by Betfair with the broadcasters that they would all delay all broadcasts by 15 seconds, say, then Betfair could pay for the rights to stream betting events in "real" time. So you would bet on the Betfair internet broadcast as definitely being the fastest picture. The real problem issue for integrity is people betting when located at the actual event. That would require legal action worldwide to circumvent, so won't happen. Betfair could stop accepting bets coming from within 50 miles, say, of the event location to try to balance things out.
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If you had an agreement by Betfair with the broadcasters that they would all delay all broadcasts by 15 seconds, say, then Betfair could pay for the rights to stream betting events in "real" time. So you would bet on the Betfair internet broadcast as definitely being the fastest picture. The real problem issue for integrity is people betting when located at the actual event. That would require legal action worldwide to circumvent, so won't happen. Betfair could stop accepting bets coming from within 50 miles, say, of the event location to try to balance things out.
No point trying to stop people betting at events thats king canute. |
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We do have a level playing field here. But if you chose to use slow pictures thats you're problem. We also have bots that help trading, but many chose to not have that advantage, and we have databases of form and ratings, but if someone wants to use the a tabloid it's their choice. If you try and nanny everyone there would be no betting.
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Legally and technologically there is no such thing as a level playing field. I can always beat any pictures you have due to speed of light limitations. I can always go to the track/field/whatever and cut out anything from 0.5-1.5 seconds.
Legally, you will never get international cooperation on banning at-course betting. Someone will always have an edge over you if they *really* want to put the work in. The intelligent thing to do is work out when diminishing returns start to come in from these edges and put in enough work to beat most people most of the time. |
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We may never have a level playing field, but at the moment we have the complete opposite. A small group of people creaming off most of the money.
Imho, in running would not pass another investigation by the GC in its current format. |