General Betting
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Cross Matching Questions.
Cross Matching Questions.
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Of course I understand that The Management.
What I mean is that before you could only bet at discrete intervals: [...] 1.02 1.03 1.04 [...] With cross matching you will still only get matched at the discrete odds intervals available for the selection. Like I mentioned, I think the price taker should get the 'real' price. For the example above, the odds intervals that you can get matched at are: 1.02 1.020408163 1.022727273 1.025641026 1.029411765 1.03 1.034482759 1.04 If you are backing at any of these odds, you will get respectively: 1.02 1.02 1.02 1.02 1.02 1.03 1.03 1.04 Added intervals based on the inverse of : 50 45 40 35 30 |
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The Investor 25 Apr 11 16:43
Like I mentioned, I think the price taker should get the 'real' price. Investor, Sorry - I didn't see your post that stated this - seen it now - all is forgiven! |
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I suppose it all boils down to your definition of "best".
I did my "best" at school! - It wasn't any good but it was my "best". It seems businesses can say anything they want (no matter how misleading) without being held to account these days. Carlsberg don't do cross matching but if they did it would probably be the best executed cross matching in the world! |
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turtleshead
When: 24 Apr 11 16:08 So the British punter gets ripped off but the Austrialian one can't, that sounds fair. Anyone from Betfair like to comment. The difference is on Australian Markets (i.e. sporting events that happen in Australia), it has nothing to do with where you are located. |
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Yes I understand the difference, thanks, it's due to Australia having proper regulators rather than the spineless pathetic mob we have here.
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Yes I understand the difference, thanks, it's due to Australia having proper regulators rather than the spineless pathetic mob we have here.
Have you asked Gib for their view on this? Now that BF aren't regulated in UK you may get a different response. |
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Oh, I never knew the GC were no longer in charge, how long as that been the case?
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Oh, I never knew the GC were no longer in charge, how long as that been the case?
BF moved to Gib a month or 2 back to join all the other big firms. Don't think many big firms are left here. Bet365 and Coral. Can't think of too many others. |
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^ More tax dodgers* than the cabinet!
* Obviously, I mean avoiders rather than evaders - which makes it fine. |
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Glad you added that caveat, or else you could have been on very sticky ground
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Amazing that Bet365 can be considered a big firm.
Well I remember when I asked for 500 pounds on a horse and they offered me 3 pence. Why have they not closed the accnt? Is it to trap people who open accnts w/ the same ISP or address? |
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I've asked that question too askari. Most bookies limit me to peanuts rather than actually closing the account (only coral has gone as far as actually closing it).
My guess is that it looks bad if they close winners accounts. 'stake factor recommendations (risk analysis/liability management)', 'client profiling', 'behavioral analysis' etc. sounds more respectable. |
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I'd go with askari. If they close you down so you're no longer a customer they'd have (at the very least) questions to answer about hanging on to your personal data (which they'd want to do to stop you opening a new account).
Whereas if you're an existing 'customer', albeit one limited to penny bets, they have all your data on file in a perfectly legitimate way. |
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Can you not ask them to close your account or can they still keep your personal data if you do?
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Viktor, **** & P*wer have actually sent me letters or emails--the others limit me to derisory sums like 10 pounds takeout per market. Laddies actually let me bet to what I assume are standard takeouts, tho' here it helps that I have a lifetime losing account.
Ironically it seems to me that the main sport on which the bf model (of better odds and matching extreme opinions) has ceased to work is horses, the one for which it was designed. Bookies only want to lay at an equilibrium, apparently fair-market price; the opinion of their tissue-makers counts for nothing for them as against that of the market. Likewise with casual bettors and bf full-bookers--bf is tumbleweed in the am. Of course nothing is going to force firms to take a winner's money, tho' I wd love some mechanism (like betting through a consolidator w/ commercial relationships with the books, like the RP) that cd give me the same prices as offered to uncontrolled losers. It's a hassle to go round six firms' shops and I'd love a stab at the online firms' prices. |
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aljohnson, yes you can. And you can also ask them to confirm that they have deleted all data on you (say you dont want to be called again or something.
Then a bit later, when they have forgotten about you contacting them again, ask what info they have on your old account...using the data protection act |
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Cheers Turtles. It wasn't for me though just general information for the forum.
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Im pretty sure that when there's something with impossible outcomes (for instance snooker correct scores going into the final session) that betfair lay the 1000s required to allow your money to appear on the back side.
I'll lay all available active options, but not the 1000s quite often, and my equivalent bets appear on the "back" side... despite the fact I'm not laying all actual outcomes in the market. |
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That's not to say they're taking the bets, just that they can tell the market when an outcome is impossible.
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Why do think that Lori? I'm pretty sure Betfair don't get involved with that.
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You think it's Betfair in the long term markets too? Like EPL winner?
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I don't think they're putting up the 1000s you can see but my bets get crossed matched as if I've put up 1000s (only on impossible outcomes) as long as I lay all the possible outcomes.
Tennis set betting is another where I've seen this. I'll test it a bit more thoroughly and give you an exact rundown in the French in a couple of weeks. |
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I don't understand what you're saying. Surely if you are getting matched as if you've put up 1000, betfair could simply cut you out completely and take the 'liability' themselves when someone tries to back an impossible outcome.
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