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siwaadupa
28 Jul 14 22:48
Joined:
Date Joined: 16 Feb 12
| Topic/replies: 767 | Blogger: siwaadupa's blog
Its easy to observe.
One guy is dominating the tennis market. He covers lay bets and back bets with the same stake.
For example he operates the amount of 2374:
And he has bets placed on a market. All position are covered by the same person.
It happens so many time and very quick. I think everyone watching tennis saw at least one time that all position are covered by the same amount of money.
And he has…
2374 back bet at 1.19
2374 back bet 1,18

2374 lay bet at 1.16
2374 lay at 1,15
And for example prices are going down(favorite scored a point in his favour) the Courtsider instead cancel the lay bets (1,16, 1,15), And he places back bet in same time  (I suppose that he does it first-all with the same amount 2374) so its very visible, clear and transparent.
There is max 2 seconds difference between time when he cancels lay bets and places back bets on a market- it’s a proof that someone has 2 seconds rule when everybody have 5!
For what reason someone will wait 3 seconds to cancel the lay bets after back bet button been hit?!
It works in both ways of course. If the favorite loses a point, lay bets are placed and reaches the market with 2 second difference.
I wonder who can check this out, but its very dodgy-UNFAIR, and of course nothing will be proved. When I see steroids sold on websites(called the police-they done nothing) thieves(stealing bikes- nothing has been found),so Im convinced that no one will bother to check if the betfair customers are being treated fair.
If it would be clear there would be 5 seconds difference between those kind of opereations.
Its very transparent!
Best Regards for Breon Corcoran - the Exchange Lover.
The PC payer.
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Report SHAPESHIFTER • July 29, 2014 9:12 AM BST
Not quite following:

- I might be misunderstanding but to 'cancel' is instantaneous

More importantly, there are reasons to leave up lays while having backs 'sweep downwards' on the market.  Hard to explain but it is a technic of multiple positions.

People also program bots to do moves that are repetitive and mechanical and allows you to place multiple positions (say a lay and a back), fire another back THEN cancel the initial back.  Again, there is a reason for this. 

Suggest you capture on video and post.
Report Oceanfinance • August 4, 2014 4:57 PM BST
is betfair using enetpulse and beating it's own delay?
Report YOMOMMA • August 4, 2014 6:39 PM BST
i doubt it.
Report Oceanfinance • August 4, 2014 7:37 PM BST
Either way, extremely sophisticated mega-syndicates are not good for the rest of us, in my opinion. Im not even a tennis trader but it concerns me if they move in to other sports.

Betfair's supposed to be pers-on-to-person not naïve MOP against uber-syndicate.
Report Darlo Bantam • August 4, 2014 8:26 PM BST
I'm convinced I saw money hit a market in football last night less than the bet delay after the start of a match. And it wasn't a keep bet.
Report Oceanfinance • August 5, 2014 3:16 PM BST
http://fivethirtyeight.com/features/inside-the-shadowy-world-of-high-speed-t...
Report maas • August 5, 2014 5:25 PM BST
Nice article.

I find it hard to believe a simple "change of heart" now means they dont do the tennis betting. More likely been outsourced to "themselves" protect "themselves".
Report mcfc1981 • August 6, 2014 12:59 AM BST
he could be placing his back bets before cancelling the other bets hence it only appearing to be 2 sec difference
Report Oceanfinance • August 6, 2014 2:08 PM BST
1.01 they didn't stop. The worst part is they take a million plus out of the system but presumably make f-all after expenses, pc, staff costs etc.
Report no moves • September 1, 2014 7:12 PM BST
,
Report trebor • September 1, 2014 11:49 PM BST
This does not prove anyone has a 2 second delay? if you know you are seeing the action ahead of everyone else you would be foolish to take your odds down too soon as your just warning the people with slower pictures which way the odds are going to move. instead of looking like they have a 2 second delay I would have thought it should look like they have no delay.
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