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These 113 comments are related to the topic:
Liquid Purple
Liquid Purple
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Replies: 113
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How did Betfair get them?
But it's not a question of losers and winners. It's a question of numbers. The more money flowing, the better. Don't be fooled into thinking like Betfair management does. It's an Exchange, not a tax system. |
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Betfair got them by offering freebies and mass advertising /huge publicity /novelty factor ...can't see it working twice .
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well, that's partly true, and increased liquidity, tighter books etc will attract some recreational punters over, if only through the comparison sites.
but the bottom line is, if the exchange is composed mostly of BF/ex-BF winners, what's going to happen? most will find that they can't make money over there and drop out. so the quack needs a large, rapid influx of mugs or all this is irrelevant. |
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I'm just looking at the liquidity. There's enough at Purple for me to operate.
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I now have a green book on this match. The thought of giving 40% of that away is physically sickening.
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the japanese games were fine on match odds if u were laying
did ok on them but as you say the scottish game is almost the same on match odds for trading as bf so its pretty obvious where to go for that and not get hammered on comish |
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I;ve traded about AUD 5K on the current Test match at Purple, often at better prices than here. Far more than any previous Test match.
Rocket, You could phrase it as, In a market, more sellers attracts more buyers, and more buyers attracts more sellers. |
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you are spot on mr angry
I just can't see the point of trading on here now(I am a manual trader of correct scores and layer of match odds - match odds I rarely trade though) I see no point in paying any of the new or older pc charges when I can do this elsewhere I have been on here some time and I just don't get what betfair are up to they have never stopped any of the bots courtsiders etc so I don't see where the high moral ground can be with betfair - they just want to grab more money and make themselves look good in the city the idea that betfar is at risk is bogus as they are very very profitable despite wasting oodles on 'projects' |
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That makes slightly more sense.
But I was confused with how you were defining Liquidity and Volume. |
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By the way if Betfair found it more profitable to their bottom line to expand into casino, arcade, poker etc then is there any reason Betdakk won't reach the same conclusion?
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has anyone been checking the volumes on the Rangers game SINCE going in play compared with BF ...that's normally where the difference lie ,forgot to check grrr
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Rocket,
Liquidity is widely misunderstood here. Liquidity is the capacity of market to absorb sales/trades without affecting prices. By the way if Betfair found it more profitable to their bottom line to expand into casino, arcade, poker etc then is there any reason Betdakk won't reach the same conclusion? lol, Bf have lost large amounts in these ventures. |
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Ok so in that case we have another exchange which will not go down those routes - unless they think they can make them profitable.
Plus an exchange that does not need to raise funds to cover the costs with a premium charge |
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@ Coach - liquidity for the Rangers game in play was equal to and sometimes better than Betfair's.
@ Rocket & FAFH - perhaps **** will impose some increase in charges. But for it's cheap, and people are already voting with their feet. I would estimate that a low-budget advertising campaign targeted at football could be enough to greatly increase customers. Who's to say that **** won't be bigger than Betfair? But if they have any sense then they will concentrate on the exchange by making it fair for all. Betfair's policy of unfair-but-we-take-a-cut-so-thats-okay has ruined its long-term appeal. |
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Thank's Mr Angry ... will monitor from now on
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but I thought bf were breaking even on the bigger players anyway or have I got that wrong so why the need to raise funds I dont get it at all
think its all a load of bs oh nice lay of cologne v arsenal as we speak gervin's first goal |
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yes I was more that satisfied with the other site for trading on the rangers game but the arse friendly with cologne is pants but if u r a layer of match odds u can still do well
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Well I can understand Betfair's position. They advertise to gain customers, a proportion of whose deposits is being syphoned off by large customers who don't pay a "fair share". In that sense, it is a business decision.
However, I can't help but feel that it's an easy option. If someone somewhere is syphoning off money will next to zero risk, then the system is at fault (court-siding, the fiasco of the Spanish football, course-siding, insider dealing, etc). Instead of working hard to stop this syphoning off they've opted to take a cut instead. The Super PC is hugely damaging long-term (imho), since when you compare to a company who does not charge a PC every man and his dog would be mad to agree to such terms. The dream is killed. |
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but thats it mr A they don't and never have tried to stop it!!! (bots -courtsiders etc) So what does that make them ??
I understand business decisions as I have had to make many myself but it isn't how I would be spending my profits - certainly the way they put it. What additional customers are they going to attract with all this bad PR and spending 100 quid on average for each new punter??!!! and again repeating myself it is also a lot to do with share price and how it looks to the city |
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The only problem with Betdakk that I had (perhaps things have changed) is that they don't offer some of the markets I want. I offered to provide liquidity if they would offer the markets all of the time. They wanted to enter into an agreement whereby I offer a % book every time.
This says to me that they are after exactly the type of people that will be leaving Betfair. So what have they done to capture them? As far as I know, nothing. |
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yes rocket - there are not the markets as you say - but my experience on japanese games and the rangers game has been positive
we will wait and see but if the big games have enough money on them ie epl etc spain etc then it will be enough for me and the rubovian 3rd team reserve ex players games offered by bf can go f... themselves ha ha |
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Yeah on the whole an increase in activity over there can only be a good thing and I did notice there was far more getting matched in Match Odd
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again, if this is an influx of winners betting against each other, the logic is that the new losers will drop out as they realise what they did on BF is no longer working, and liquidity will fall again.
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I'm in the process of rewriting my football bots to work simultaneously here and over there. Should be ready in about a week.
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Me too, Contrarian. I have a number of people who use my software too (non PC payers), so they'll also have the automatic option to Daq. It's actually quite exciting.
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Contrarian are you doing this yourself or contracting somebody?
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do Daq have a minimum bet policy and if so can you bet below it using several bets as you can here?
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£1 minimum
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Thanks 1,01 layer - I havnt looked at my Daq account in very long time, I think I will now.
I like to cover the outsiders for a few pennies hence my question |
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Is it not 50 pence minimum?
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Yes, you're right. I'd never tried it before. 50p it is but it doesn't show on the site.
I must point out that I am in no way promoting a competitor, just helping a bf customer clarify some information. |
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Helping a future Daq customer actually !
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when liquidity moves, it will move fast from one site to another site...
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Its something of a myth that the duck wouldn't be able to handle the volume.
Serving pages is their bottleneck and that is a fairly easy problem to fix. Unlike processing bets which is rather harder. |
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Betfair's never crashed, has it
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Rocket,
I do all my coding myself. |
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Mr Angry - what is your software?
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Good stuff Contrarian - is that in excel for a bought product or totally your own software?
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On the horses today it was exactly service as normal on bf--and as usual (or rather as per the average) I made a tiny profit on here and a more significant one w/ the high st books.
Bf offers either an expensive hedging facility or o.k.-priced bank management and smoothing facilities if you can get on in greater size (or for an amount that commits most of your working bank for every betting day) somewhere else. This bank for me is around 25-40k and I can't use every penny of it every day for sure--but most of it. I guess I'm the kind of losing/small winning/breakeven customer (on here) they're pleased to keep. I'm providing liquidity mostly on hot horses or horses that are really unfancied. It's disturbing to think what happens when I run out of friends, contacts and bookie accounts. |
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I am mainly using the bookies.Especially baldy as he has welshed and I am doing very well.
I am using the maxiumum insider info I have and placing maximum money management and disguise to extract as muuch cash over the next year. He won't even know I have taken the cash.I am almost invisible to him. I also use the usa toota as the odds are often better than the exchange. |