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Eddie the eagle
23 May 12 15:08
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Date Joined: 01 Feb 04
| Topic/replies: 5,548 | Blogger: Eddie the eagle's blog
On the golf you can before commission get 12 for Lee Westwood and 13 for McIlroy.
  Switch to fixed odds and you are offered 10 for either LaughLaughLaugh

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Replies: 97
By:
Eddie the eagle
When: 23 May 12 15:20
Just saw that a few players are far better oss on the fixed odds site.

The spread on Mannassero on the exchange is 34 - 36.
  The fixed odds site have him as 46.  I tried to back him for a few hundred quid, but got the message " The stake exceeds the maximum for this selection."  I then tried with a 100 quid and got the same message. I kept lowering my stake all the way down to the minimum and even then I got the same message ExcitedLaughLaugh
By:
RichWill
When: 23 May 12 15:29
The example they give on the service page is the Champions League final,  you can switch from a 100% exchange book to a 109% fixed odds book.  Why would anyone want to do that?  Is the fixed odds commission free?
By:
hazel
When: 23 May 12 15:38
just had a look an an early market which betfair say is not so good on the exchange.
France v England euro 2012 match odds

france  2.8 exchange........2.62 fixed odds
england 2.9 exchange .......2.62 fixed odds
draw    3.3 exchange .......3.1 fixed odds

The adverts use to say 20% better odds on Betfair, but now they can say x% worse odds on betfair.

Why did they employ a crack team of odds compilers at great expense when this is all they can come up with.

It looks like betfair do not want to be the home of the bookies mug punter, but they do want to be the home of the ..

SUPER MUG PUNTER



Crazy
By:
Bask3tCase
When: 23 May 12 15:39
@RichWill If you're someone who's paying 20% premium charge it would make sense. And yes, I understand it's commission free.
By:
Ghetto Joe
When: 23 May 12 15:49
If someones paying PC do you really think they'd be accepting decent amounts though basket? I'd imagine they'll be limiting winning exchanges punters quicker than 365
By:
hazel
When: 23 May 12 15:51
read eddie's post, i am sure he is a pc payer, they have already limited him, in fact they have limited him to zero.
By:
modk
When: 23 May 12 15:57
The following bets could not be placed
Back (Bet For)     Odds     Stake     Profit
Peru v Nigeria
Peru Match Odds     1.8     £100.00     £80.00
The stake exceeds the maximum for this selection.

What ! Lets try 50

The following bets could not be placed
Back (Bet For)     Odds     Stake     Profit
Peru v Nigeria
Peru Match Odds     1.8     £50.00     £40.00
The stake exceeds the maximum for this selection.


Peru v Nigeria
Peru Match Odds     1.8     £10.00     £8.00
Bet Ref: O/007883x/0000001 Bet matched: 15:55 23-May

Yay
By:
modk
When: 23 May 12 15:58
Peru now 1.75
By:
Bask3tCase
When: 23 May 12 16:06
@Ghetto Joe We'll have to wait and see I suppose, although I do share your doubts. For those PC payers who are primarily traders, Betfair may take a more bullish stance re taking decent-size straight up bets. But that also remains to be seen.

With regards the fixed odds product as a whole, it's clearly still in test stages - available liquidity is being kept at artificially low levels so as not to expose Betfair too much during a time when there will be very few users. If it ends up doing what it says it will (providing liquidity to unformed, edge markets) it will be an interesting proposition.
By:
the silverback
When: 23 May 12 16:08
Should stick to trading crack in my opinion.
By:
Ghetto Joe
When: 23 May 12 16:45
Your £10 has forced the sportsbook to slash their odds to 1.7 now, modk . Luckily the exchange is holding firm at 1.79/1.8, the firms must be quaking in their boots with Betfair offering 110% books
By:
YOMOMMA
When: 23 May 12 16:52
How do you get to the fixed odds site - I could do with a laugh.
By:
DStyle
When: 23 May 12 17:18
i do hope that there are very clear distinctions made when they choose to advertise their sportsbook products, clearly making explicit distinctions and reference to which one of their two products offers the value they consider to be their usp.
By:
hazel
When: 23 May 12 17:31
Dstyle look at their advert for fixed odds on this site.  Hopefully the advert will change, but currently it is very misleading about the value of their fixed odds.  Take a look at their correct score comparisons between the exchange and fixed odds.  It implies that their may be good value with their fixed odds, when in reality they offer poor value with their over rounds.

I can see the traditional bookmakers having a field day with their own adverts comparing betfair to them, with just as vague claims, using betfair fixed odds to snipe at the brand of betfair and it's exchanges.
By:
henok
When: 23 May 12 17:35
expect that one day betfair will make the fixed odds market more accessible to mug punters leaving the exchange for the pros
By:
siwaadupa
When: 23 May 12 17:38
But exchange need mug punters- need their bets... Why do they need that? It's clearly means less bet on exchange...
By:
DStyle
When: 23 May 12 17:43
not if they funnel the fixed odds bets through to the exchange
By:
DStyle
When: 23 May 12 17:44
and if they do that, does anyone think the fixed odds site will pay commission on their exchange bets?
By:
DStyle
When: 23 May 12 17:46
as i've said before, i'm fascinated to see if there are any interdependencies between the two products.
By:
parrys
When: 23 May 12 17:51
Agree with Henok.Its pretty obvious by now that they want to morph into a sportsbook without saying as much.They will make the exchange part more unusable, complex and uninviting to newbies as they possibly can.IMO.
By:
Lori
When: 23 May 12 18:02
The amusing bit will happen when they knacker up the liquidity on the exchange and don't know how to price up their fixed odds because there's nothing left to nick.
By:
the silverback
When: 23 May 12 18:26
They seem to think this chap from Laddies is capable of taking on the world with his innovative algorithms.
By:
Lori
When: 23 May 12 18:31
They've obviously never used Laddies.
By:
CLYDEBANK29
When: 23 May 12 18:50
Where is it?
By:
YOMOMMA
When: 23 May 12 18:55
You can only access it off the beta site. It's crap odds just like b etdaq's 1bet. I bet they limit in next to no time aswell.

Shame there's not many pro bookmakers about.
By:
Eddie the eagle
When: 23 May 12 18:57
You need to use Beta to see it and it's not in use for all markets.
  It's there in the winners market for BMW PGA Championship in golf.
It's also there for (some) football matches.
By:
CLYDEBANK29
When: 23 May 12 19:12
Are you sure they aren't just copying Bodog's prices and reducing them by 1%?
By:
YOMOMMA
When: 23 May 12 19:15
That's all the square books do, they copy each others odds. Ban winners, allow the mug punters and promote multiples which are the most unlikely to win bets. Damn man.
By:
CLYDEBANK29
When: 23 May 12 19:18
I'm looking at the prices for Georgia vs Turkey and have looked at 5 markets so far.  Worse (generally) or the same odds (usually) than Bodog on every single outcome.  I'm using Bodog as an example as imo its the worst fixed odds betting company there is.
By:
CLYDEBANK29
When: 23 May 12 19:24
I instinctively knew Bodog was the benchmark
By:
Lori
When: 23 May 12 19:27
I instinctively knew Bodog was the benchmark

This is one of the best posts I've ever seen Laugh
By:
DStyle
When: 23 May 12 19:30
on in a fair amount of the tennis.

monfils/baker

1.29/1.3  on the exchange

1.2/1.31 on the fixed odds.

which would seem to indicate that they're not pumping into the exchange and that they're pricing up in line with bookies who all seem to have monfils much shorter than here at the moment.
By:
YOMOMMA
When: 23 May 12 19:37
Massive margins. 116% market on the set betting in that match.
By:
YOMOMMA
When: 23 May 12 19:43
Laugh I think Pinnacle Sports is safe for the time being. Laugh
By:
Lori
When: 23 May 12 19:52
Maybe all us cynics have this wrong, perhaps they're offering the worst prices in the industry to drive people into the exchange
By:
Hemingway
When: 23 May 12 19:57
I'm trying to back a player e/w in the golf fixed odds. Unable. Whats going on here?
By:
Contrarian
When: 23 May 12 19:59
I tried betting on a selection, and the maximum I was allowed was £2.
By:
Eddie the eagle
When: 23 May 12 20:00
Never been e/w markets on Betfair and I don't think this fixed odds has been added to the golf place markets yet.
By:
Mr Magoo
When: 23 May 12 20:09
I've found one market where they are pricing up a book where the exchange is empty so far.
Football->Poland v Slovakia->Correct Score. The exchange has 2.2 for all selections, the fixed odds is priced up to 140% (so hardly taking much risk here).

Just tried to place a £11 bet and it got knocked back Sad
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