however liquidity is not declining but going up

so this thread should have been called "my share of profits in big decline on betfair"
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This maybe close to the truth in reality - although it's sometimes hard to see before your eyes .

With markets hyper competitive as they are it may appear  the markets are floundering ,but in fact it's because it's harder than ever to get the price you wish for  -somebody else gets in the way (the way it should be in all honesty)

my point is i guess , is that if i lay a bet  at  fantastic value , it is seized upon in milliseconds - so someones out there !
nay, a dozen or more sharp minds are also out there . Looking for YOUR mistake

The real problem obviously are the side markets (dying off) , that's because most of us are flocking to the busier  arenas  making it even more competitive

Whilst what's been said recently is true, there are plenty of markets I work on which have seen a significant fall in the number of people betting, the amount of money available to be matched and the actual amount matched. 

There are others which have seen a hefty increase, which obviously comes with tighter margins.  I don't have an issue with this, although it does usually mean it's harder to come out on top.

NFL playoff stuff truly dire on in-play.

Hopefully we all bombard question for the Jan 2015  Q & A box ticking exercise.

A maintour ATP tennis match - albeit one on the admittedly lower liquidity Australian wallet - has just been put in-play with just £398 matched so far!!

Yeah, you're right. It was a qualifier - qualifiers and main-tournament matches flipping at different tournaments confused me. However, liquidity on the tennis at the moment seems an absolute joke. I realise it's late night and with the Australian wallet, but it's not a touch on the previous two years at the same tournaments.

It's not about 'liquidity' per se, rather the use of the exchange, and the need for old strategies to be altered to find profits.

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true words from stu. as big as the issue of side market liquidity for me has been the sudden influx of bots into various football markets since the summer. it's much harder to compete with them than to destroy their margins - which can ironically create situations where totals matched actually rise dramatically on better prices, but with no real profit to be made.

Banning all Bots and turning this place into a genuine P2P website would help attract new customers

don't mind fixed he is an internet troll. quite common in 2015.

@contrarian & westender:

it's not as simple as "ban the bots and everything will be better", we. the bots that have affected me worst are actually providing recreational punters with better prices. almost certainly, in my estimation, outright value prices in some case.

the problem is, the front-running bots only do that so long as there's a competitor to lay in the market. because I'm pushing their prices as high as their model will take them, they offer dcent value. but, I'm making no real money from the effort. so, as soon as my motivation to drive them out of the market or just generally fck them up out of malice runs out, the prices will go back to being substantially worse than they were when I was manually making markets.

in some ways it's analogous to starbucks opening in a street and just undercutting whatever the cheapest local cafe's charging for a cup of coffee. everyone gets cheap coffee... till the other cafes give up and shut down.

what contrarian says about other bots competing with his is interesting. loads of new stuff with very deep pockets seemed to flood onto the markets after the world cup. in my darker moments I wonder if BF have reverse engineered winning exchange customers' strategies - or sold the data to a third party to do so. but actually - there's no evidence of that. probably an outfit or individual with good resources just put some hard work in over the summer.

I hate it when people do that.

Liquidity in many of the Premier League markets this week (Tue and Wed) has been awful.  Not that different to 3pm on a Saturday which has significantly reduced the last 2 or 3 years. It's pretty much just the matches live on Sky Sports now where I can get decent amounts matched.  Anything on BT Sport doesn't get much interest and I might as well give up if a match isn't televised.  Very worrying times.

is that a record? chark

Not sure Freddie, it's the most I've seen matched during this World Cup. Matches have been reguarly getting 70 - 80 mil traded on them. Even a few of the side markets have had millions traded on them at different times

TheInvestor2
07 Mar 15 20:32 Joined: 28 May 11 | Topic/replies: 2,460 | Blogger: TheInvestor2's blog

Bots are nowhere near as good as the strongest manual traders on Betfair (yet), except in very fast moving markets like horse racing. In smaller markets bots stop skilled manual players, because it's pointless to compete. Making £5-10 per market is too low to bother for a skilled trader, but perfectly acceptable for a bot. So all the best traders will gravitate to big markets. This has always happened to some degree, but a few years ago there were some manual market makers in small side markets still able to make a very reasonable living. That's becoming more and more difficult.

And how do you think Betfair's cross marker cross matching bot will affect bot users?

Horse racing liquidty has been particulary dire today, even by Sunday standards.

I think it's good for the exchange though (as is the original cross-matcher).

I just think the difference in price should go to the price taker rather than to Betfair.

NBA points markets were never that strong but are now virtually unworkable which is annoying as they one of my fave markets, why on earth do they have 4 of them up for most games? it's bewildering. not enough money to go around & on a busy night with 12 games overlapping thats 48 points markets hoping to attract money.

YEAH...iv noticed the 1p's often go missing.  Reminds me of the scene from superman 4??  when some company are skimming off 1cents off everyone and making millions before the black computer tech guy finds a way to cream it off himself.

hundreds of players in hundreds of markets losing hundred of pennies....will soon add up!

Difficult to know, but it is miles better than any other meeting. Just about the only card where you can bet and lay win and place for four figure amounts without moving the price significantly.

On the missing '1p' issue - noticed that it also doesn't always match the 'whatif' figures that come up on the market - will say something like a selection is at 0.0, but when settled it ends up -1p

That cannot be right really can it?