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* unless there are more then 2 runners, then it is defo inflated compared to betfair!
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I think theirs is the truer figure as it is an exact value for customers' exposure, not a derived figure which ignores the odds.
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Just Checking Joined: 25 Jun 06
Replies: 7249 22 Jul 11 13:15 It's not the same thing from the betters point of view as in case 1 they are prepared to throw £100 at it (implies bigger amd more liquid market) in case 2 it's just 2 quid. What are you learnign about liquidity from that? When you look at traded you're interesting in the liquidity, not how much people are winning. Surely if someone bets 2@100s, one person puts up £2 and one puts up £198, the same as if someone bets 200@1.01 (roughly) The only thing that is different is the line it was backed on, which is basically an imaginary construct anyway. I might be missing something here, but surely it's not relevant to the market liquidity whether you bet Federer at 1.01 or lay the other guy at 100s? |
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winningthought
* unless there are more then 2 runners, then it is defo inflated compared to betfair! this is right ...betfair matched total that is inflated in head to head , and it inflated big time in-play event like golf and horse raccing, then it betduck that inflated but it only betduck that has the same total matched every time... |
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even in a two horse race betquack's numbers can look massively inflated - if one of the runners is fairly long odds.
again, bottom line for me is, I want to know how active a market is, not how big a liability someone else has got on their book. |
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Indeed viva. I know what you guys are saying but to me anyway it depends on perspective of layer vs bettor. Cross matching messes it up a bit but I'd think the actual matching mostly comes from betting that takes lays not vice versa and it's how much being staked as bets that's the better measure of how much is happening. BF measures the bettors stakes, BD by sounds of things measures the winnings, which is more the layed stakes.
Also once there's any big change in the odds betfair still keeps a measure of the money being thrown at the market. BD .. would you not need to then cross reference the historical odds on a market to get a meaningful figure? I'm not sure what numbers you guys are looking at anyway, only figure I can see on BD is the total market matched figure, not per 'line'? |