Is there a company that 'seeds' the markets for betfair?

betfair?

They would be the obvious suspects

I seem to recall reading somewhere a 3rd party (Scandanavian?) company did this.

Any info?

Betting Promotion Ltd

Cheers fella

Feb 27, 2012 -- 3:28PM, TheVis wrote:

Betting Promotion Ltd

Oh dear....

http://www.bettingpromotion.se/index.php?option=com_content&view=article&id=11&Itemid=8&lang=en

Are they anything to do with Betfair? It doesn't appear so ...therefore you can't say they seed the markets.

They are just punters like the majority of us.

Why can't you say that James?

Well they are not seeding  for Betfair I meant.

I think they are. The main market making lumps all disappear 1 second before every suspension, like clockwork, inter connected with the suspend button. It started occurring about a year ago. Why wouldn't BF want a larger piece of that pie after all?

It seems that they are "offering a service" but looks like they are simply traders working with large quantities with a minor % return.

By 'legitimizing' themselves as 'seeders' seems to be the angle to get their programs/api linked up cleanly to the exchange(s).

Betting Promotion signs agreement with Betfair
Betting Promotion has signed an agreement with Betfair to provide liquidity on a large
number of markets. This agreement supersedes all previous agreements.
Betfair is the world’s leading betting exchange with more than one million registered
customers and over five million transactions per day.
“We are glad to continue our close cooperation with Betfair. This agreement also confirms
Betting Promotion’s status as the leading market maker for betting exchanges” commented
CEO of Betting Promotion, Johan Moazed.
Malmö May 20 2008
For further information, please contact:
Johan Moazed, CEO Betting Promotion Sweden AB.

What chance they pay PC?

Doubt it, they run very tight margins

Mar 1, 2012 -- 8:37AM, the silverback wrote:

What chance they pay PC?

As seeders, there would most likely be no commission or PC.  As well, they may also be contracted to trade and cover any exposure on multiples.

Their margin, though, is pretty small.

And when I say "they", it might just come down to two or three people living on the high street in Malta.

Interesting. They won't pay PC for sure.

jimmy69
29 Feb 12 17:56 Joined: 11 Apr 01 | Topic/replies: 18,212 | Blogger: jimmy69's blog
They are just punters like the majority of us.

You like to keep things simple, eh jim.

muggingcrew.com seed the ir markets with accurate prices (according to Mark Davies), bless their wee hearts.

It looks like they need to employ a company to seed the forum these days