General Betting
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Looks like it to me.
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Anecdotal evidence is considered dubious support of a generalized claim. Do you have anything a little more substantial to support this claim?
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What a twattish response.
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cpfc4me, the development of the Betfair sportsbook has affected the exchange, and current trends suggest that the deployment
of expert systems such as those first seen in the 1980s will soon re-emerge. On the other hand, a technical obstacle in exchange technology is the investigation of stable configurations. I view fuzzy, Markov, mutually exclusive, collectively partitioned hardware and architecture as following a cycle of four phases: observation, deployment, synthesis, and investigation. Nevertheless, A* search alone is able to fulfill the need for the deployment of RAID. I motivate new pseudorandom theory, which I call "WaryGest". |
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Nas told me money make the world go round,
and Uncle Lou showed me how to make the girls go down. |
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There was 2 In-Play matches only this afternoon and for the first time to the best of my knowledge, both were on the Sportsbook and NOT on the Exchange.
This is again another negative message to Exchange Customers and the OP is correct in that all Betfair appear to care about is building up the Sportsbook.  |
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The above was football
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If that's right, that is both worrying and surprising, Westender. Were they matches that would have featured IP on the exchange historically?
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Yes
Both English U21 games. |
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I have packed up...don't trust these guys anymore. They are not interested in the exchange medium term let alone long term. Someone else will have to build an exchange. What I don't understand is why they don't sell it if they don't want it. Am sure some others would push it.
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They've obviously decided to maximise profit from the mugs that they can attract to the sportsbook site rather than feed them up to the sharks on here.
This leaves the sharp minds battling it out on the exchange but still providing them with a great risk management tool together the backbone for its sportsbook price rush marketing campaign. A perfect blend in my opinion. |
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No 72 hole tournament match bets for golf so far this year. I priced every one last year reasonably early so they can't argue lack of interest. Also no tryscorer market's for Rugby Union's Heineken Cup this season.
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johnny , that would be a yes then ( to the op question )
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A perfect blend in my opinion.
Correct. Been interesting to see the two businesses "bolt" together. |
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Good idea. Let they sell the exchange to someone else if they dont like my 15 000 pound paid in commission last year with just 11 000 pound in net profit. There are customers who will never bet at sportsbook(Im banned on most of them for arbing) so there is a space for exchange surely. Thanks god that Ive started to run my own bussiness right now to improve and develop it. Breon the Magician is running exciting sportbook with thousands of bots operating all over the place at exchange- its called innovation hahahaha :)
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That Sportsbook is a farce - is has the potential to be the new Blue Square at best.
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BF may be promoting the sportsbook currently (obviously) but IMO they will always need the exchange to function to a decent level at least. No exchange and the sportsbook goes too I believe.
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Take a look through the Premier League 3pm matches. The liquidity is dire. It's been falling year on year but now I see markets at midday which last season were competitively priced seeing 1.01 on all outcomes and obviously £0 matched.
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Oh, and if I do seed those markets, it triggers bots to enter the market and so is futile.
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TheInvestor2 12 Jan 15 23:42 Joined: 28 May 11 | Topic/replies: 2,445 | Blogger: TheInvestor2's blog
cpfc4me, the development of the Betfair sportsbook has affected the exchange, and current trends suggest that the deployment of expert systems such as those first seen in the 1980s will soon re-emerge. On the other hand, a technical obstacle in exchange technology is the investigation of stable configurations. I view fuzzy, Markov, mutually exclusive, collectively partitioned hardware and architecture as following a cycle of four phases: observation, deployment, synthesis, and investigation. Nevertheless, A* search alone is able to fulfill the need for the deployment of RAID. I motivate new pseudorandom theory, which I call "WaryGest". It appears Russell Brand has a Betfair account... |
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always amusing to hear the BF rep on talksport plugging big top prices matched on winners IP on the exchange... as part of their sportsbook campaign.
today's example: "palace were matched at 80/1 in play today". the word exchange strangely didn't feature. |
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Kind of my point that, viva - without their selling feature of mentioning the exchange (at least in some way) then they become 'nothing' in the market place of bookies.
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What's an exchange? Plenty of marketing for the sportsbook, not seen a single one for the exchange in well over a year. Everything, including the marketing, pushes you to the sportsbook. Betfair have gone from a world leader in new technology to a regional bookmaker!
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The people mugged on the Spudsbook wake up and bet elsewhere.
Betfair is going to be the next Blue Square at best |
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why not wake up and bet on the exchange in that case? It's right next to it.
That probably has been happening to some level I'm sure - prob why the main markets are still doing ok on the exchange. |
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As an early backer on horses I tend to compare what price and liquidity is available on the exchange vs what I can get on at BOG elsewhere inc the sportsbook, BetVic took BOG from me but Sportsbook is the only that restricts me and I don't exactly bet huge amounts.
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Stu - I think that's more to do with Price Rush than people finding the exchange themselves.
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Maybe so. Still seems obvious (and in the early notes apparantly a plan) to move people from sportsbook to exchange. It's not quite as hidden as it used to be on here, lol.
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There were 6 matches today on the In-Play coupon on the Sportsbook but not in-play on the Exchange.
See my thread on the football forum. This does appear to be a recent Betfair Mgt initiative as there is simply no other logical explanation. |
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i think it's possible Betfair have realised/have evidence that newcomers to the exchange are too vulnerable to the more savvy players who have been on here a decade or more and basically dont last very long, meaning any marketing investment on the exchange is getting a poor value return
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i think it's possible Betfair have realised/have evidence that newcomers to the exchange are too vulnerable to the more savvy players, who have been on here a decade or more, and basically dont last very long, meaning any marketing investment on the exchange is getting a poor value return
[added punctuation!] |
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Any newcomers have no chance on the Betfair Sportsbook as they have to take the worst value prices seen in the Bookmaking Industry.
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I've never bought the idea that players get eaten by the exchange any more than they would by a bookie offering poor prices.
This question started the decline of the exchange in the first place, while at the time the exchange was a thriving place for all players IMO. |
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There were 6 matches today on the In-Play coupon on the Sportsbook but not in-play on the Exchange
I believe someone said it elsewhere so apologies if repeating. But it also comes down to the fact that BF have pulled operations out of several countries so "in-running liquidity" on some matches were pointless if they were going to have a handful of users on the match. |
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Where horses are concerned If you are straight forward backer or layer, but especially backer, you shop around and take the best price you can. On that basis I don’t buy into eaten on the exchange thing but trading and in play might be different imo.
My issue is lack of liquidity early on in the exchange or the sportsbook only wanting to take £20, hence most my money goes elsewhere for early bets. |
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One of the matches was Man City v Hamburg yesterday so that does not wash.
If there was no interest why would they be on the Sportsbook? |
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Have Betfair given up on the betting exchange?
I wouldn't say they have completely given up but the exchange has firmly taken a back seat to the sportsbook. Nothing lasts forever but the demise of the exchange is still sad. |
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Speaking with someone that does a fair amount of football.
If he uses betfair, 95% of his bets are best priced on exchange. |
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If you'd sked me yesterday, I'd have said definitely no, they haven't given up on it, considering the amount of time and effort they've put into the new API (API-NG), and the amount of help they give to developers to build API-NG apps (which currently work only on the Exchange, to there are hints it may eventually work on the Sportsbook at some time in the future).
That was yesterday, but today I was trying out my brand new (cheapo) Android Tablet, and, since I haven't yet mastered the black art of transferring bookmarks from pc to Tablet, I just googled in the Tablet to get to Betfair. The first, and, so far as I could see, only Google links took me straight to the Sportsbook. "Fair enough, I'll just find the link to the Exchange." That was about an hour ago, and I'm still looking for a link to the Exchange! In the end I had to go to my pc's bookmark to get the Exchange address and then type it into the Tablet's browser to get to the Exchange. Well, obviously, whilst it's irritating, it's no big deal for me, but If I'd been a first-time visitor to Betfair, I don't see for the life of me how I could ever have even discovered that the Exchange exists! |
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Good point Gus. All mobile customers are on sportsbook. The sportsbook campaign is very aggressive.
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