General Betting
There is currently 1 person viewing this thread.
09 Jun 11
16:50
Joined:
Date Joined:
20 Sep 06
I only ask this question as it seems to me that the gap in prices means you are always backing
or laying at slightly the wrong price, but sometimes at very much the wrong price?
and this price discrepancy, what you are gaining in speed, you are losing back over time because you
are betting at the wrong level. constantly taking the wrong price grinds you down, however good you
are at reading in-play, unless perhaps you have fast pictures.
I often wonder, who are the people who are backing say a favourite in-play at 1.8.
how are they doing it? are they setting a price up earlier? or are they very quick at in-putting a
price? because presumably in-putting a bet manually in-play, takes so long by the time you
place the bet it'll either be completely the wrong price and snapped up or it'll be ignored.
so you have to use some kind of single-click software like betfair rapid, but the problem is
like I say it just seems as if it was invented by betfair to print money for them.
or laying at slightly the wrong price, but sometimes at very much the wrong price?
and this price discrepancy, what you are gaining in speed, you are losing back over time because you
are betting at the wrong level. constantly taking the wrong price grinds you down, however good you
are at reading in-play, unless perhaps you have fast pictures.
I often wonder, who are the people who are backing say a favourite in-play at 1.8.
how are they doing it? are they setting a price up earlier? or are they very quick at in-putting a
price? because presumably in-putting a bet manually in-play, takes so long by the time you
place the bet it'll either be completely the wrong price and snapped up or it'll be ignored.
so you have to use some kind of single-click software like betfair rapid, but the problem is
like I say it just seems as if it was invented by betfair to print money for them.
sort by:
Show
per page
Replies: 3
|
By:
Neither "craap" nor brilliant.
Unless I happen to be very mistaken, Betfair Rapid (like other API products you may use from vendors/developers who are not affiliated with Betfair but have undergone the Betfair Verification process) simply uses the Betfair API to present the prices to you. It is just another interface to the prices. And those prices are the same that you can get via the Web Interface. If the prices differ (it was ages ago when I last used Betfair Rapid) is because the Web Interface (and also some of the API products) displays "Virtual Prices". They are called virtual, because they are generated by using the existing prices. This "Virtual Prices" close the visual gap for humans but are mathematically equivalent (except for the excess rounding which is taken away) for backing/laying purposes. Placing a in-play bet before the start of the event is no great feat, so some API products which are 100% free may help you. Some of the non-free will surely do too. You can check the forum for the announcement of Software Products ("Anouncements" -> "API Products") and/or you can browse the Betfair Solutions Directory (solutions.betfair.com) |
|
By:
That seems like a very technical ANSWER from saint-pilgrim. Could it be the last poster on here is a BETFAIR employee?
|
|
By:
Even with most information at the reach of our fingertips it still seems that doing some basic research before posting is always difficult ... shooting in the dark is a lot easier ...
Hint: if you click on my forum name, you may find out more by just looking at some of the posts Hint2: The developer's forum (the BDP one) could also be of help |