General Betting
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It seems they were serious.
It seems they were serious.
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the biggest piece of education betfair could provide would be stake management. plenty of easy functionality they could have as add-ons to the site to stop people blowing their nuts too quickly as well.
however, if people want to blow their nuts, they'll do it regardless. |
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What about the cash out feature? Betfair said they had seen an increase in the % of times customers successfully locked in a profit.
I have to ask, first of all, using the cash out feature will almost always mean you get crap odds as you're paying the spread, and if the spread widens it'll take whatever's there (I can't imagine more than a very tiny percentage of [misguided] winners using this). Secondly, if more customers are sucessfully "locking in a profit" they are likely to be giving away twice as much value (first on the original bet, then on trading out). As they are trading, they will pay less commission too. Can someone enlighten me on how this is good for Betfair? |
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look...betfair has 3000 people working at betfair..they have to bring new sh!t like this, to keep them self, in a f-cking Job
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Can someone enlighten me on how this is good for Betfair
because, betfair is ab them....same as crossing matching |
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I'm still not sure nairda,
Here's the thing, although Betfair encourages trading, losers shoudn't be encouraged to trade. The reason is obvious, if they trade instead of betting, a greater portion of the losses they generate goes to the winning trader than if they place straight bets. it all becomes more complicated with PC though. |
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"But it was disastrous. We grew too quickly. The growth was not controlled and there were too many people involved. In the end, the business went bankrupt."
Sounds like Lee should be advising Betfair themselves rather than their customers. |
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this may or may not be..but one thing we know for sure, is that betfair only goal is to keep as much of the money as it can...anything new, betfair bring in is all about "to capture a greater share of wallet from existing customers"
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Lori, one of Greenwood's rugby selections was too bad to be true. It was in a market any sensible rugby punter would not touch on here as you just know you are getting cr*p odds in the side markets like that on a small betting sport. When I read his piece and looked at the market it was well over 200% on the back book. His selection was 2.54 and some money had been matched.........so somebody was following him in.
Bad news for the punter - even if it had won it was bad news as the odds were so dire. Great news for the market maker. |
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I have another issue with the initial link (Which I got from another thread)
Where is it? I've gone through most of the tabs on the page and I haven't seen anything that actually links into it. I realise that it obviously isn't that hard as someone else found it, but I don't recall ever going to a "betting.betfair" page on this site |
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There was a piece written a year ago on the betfair.betfair.com website on the Head to Head Leagues: Top London Club market. At the time, there was all of £40 matched, which was £20 on Chelsea @ 1.5, and the tip was Spurs at 3.1 "that look the most attractive option". Whoever suggested the writer was the man with the lay in the market at that price should be ashamed of himself.
http://green-all-over.blogspot.com/2010/07/one-team-in-london.html |
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lol cpfc4me, that's woeful
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my god, i know it's only a bit of fun, but Vaughan's piece for the 4th test is terrible.
you would have hoped someone who actually understood betting markets read it first and helped him out, or that he just plagiarised some of the better stuff on the pre test thread on the cricket forum. |
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Looks ok to me.
 Vaughan knows his stuff. says back Eng and expects a longer game than Edge. What's wrong with that? |
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weather, toss? when are you going to get the best price on england? the very fact that he suspects the game to be longer, for india to bat for longer, and guessing a five day finish, along with crazy draw backers means it's got all the legs to go short if given a chance.
Ralph Ellis' piece rightly highlights the only safest prematch bet which is a lay of india. but far worse those bets on 5th day afternoon finished (massive spread £2 matched) and the back to lay strauss bit. |