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funkymonkey
01 Oct 15 21:44
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Date Joined: 12 Jun 04
| Topic/replies: 607 | Blogger: funkymonkey's blog
Got the mail today regarding purples 2% comm rate for offers made on the exchange.

There has been a few threads on here recently regarding the pros and cons of Matchbook and Smarkets, so I am wondering how people will react to this move from the purple site.

Any views/opinions/feelings on this?

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Replies: 20
By:
Barton Bank
When: 01 Oct 15 21:53
It's too late. No liqudity. Punters won't move en bloc.
By:
screaming from beneaththewaves
When: 01 Oct 15 22:11
Rewarding customers with lower commission as long as they don't match a bet ... genius move.
By:
YOMOMMA
When: 01 Oct 15 22:17
^LaughLaughLaugh Bet daq/ladbrokes couldn't manage a piss up in a brewery.
By:
romfordiron
When: 01 Oct 15 22:28
Think the move makes good sense in that it attempts to fill gaps. At the moment, you have to offer a price 1 tick or more worse than on here to get matched.

However, it's still just a desert over there. The prices are pretty much an illusion as nobody really 'takes' prices on purple anyway - you'll only get matched by a bot that's following the prices on here.

Been looking at Smarkets last few days and been emailing them - their liquidity is provided by 'third party market makers' so it's pretty much illusionary as well. These 'market makers' are obviously just algorithms that follow Betfair's markets as well.

If you're a proper bettor, who takes punts, it probably makes a lot more sense to go over to one of those, as there's often decent liquidity for big markets. If you use the exchange for other purposes, there's still nothing doing in either alternative. There's no fish to 'take' bets or even nibble, and you'll only get matched if it's a bot and the market has gone through your price.
By:
hartani
When: 02 Oct 15 10:43
Liquidity on racing on the purple place is rising daily and is great on the feature meetings. It's perfectly viable to use them now on racing, couldn't do that a couple of years ago. Lots of upward momentum there.

Bit thinner on other sports.
By:
TheFear
When: 02 Oct 15 10:55
When did Betfair last do anything positive for the exchange? So although I don't have great faith in Bdaq at leat this is something.
By:
racingguru
When: 02 Oct 15 12:01
Have been trying purple today and have asked to be layed at what the back price here and its working albeit very slowly.
By:
CJ70
When: 02 Oct 15 16:26
Got the offer checked and they are still only offering mainstream. Useless.
By:
spurs to buy big
When: 03 Oct 15 01:00
mainstream ?? wtf is that
By:
CJ70
When: 03 Oct 15 09:45

Oct 3, 2015 -- 1:00AM, spurs to buy big wrote:


mainstream ?? wtf is that


Top division ****, that's usually priced up pretty accurately.

By:
Westender
When: 03 Oct 15 10:33
I got 2% last night with a lay of Rotherham pre match but in-play bets were 4.5%.
By:
YOMOMMA
When: 07 Oct 15 10:09
Credit to bet daq for at least trying. They have a new website and on first glance it's an improvement on the old interface for placing bets.
By:
DIE LINKE
When: 07 Oct 15 13:44
Ironically the 2% offer has meant it is even more difficult to get a bet matched on there.
By:
Darlo Bantam
When: 07 Oct 15 21:51

Oct 7, 2015 -- 1:44PM, DIE LINKE wrote:


Ironically the 2% offer has meant it is even more difficult to get a bet matched on there.


Not entirely surprising.

By:
Cardinal Scott
When: 07 Oct 15 22:00
I detected a low level improvement in some cricket markets, instead of their having atrocious liquidity they may have improved to being just very very bad.
By:
pmbets
When: 07 Oct 15 22:43
the daq is improving albeit  slowly.The 2% is helping a little.So well done to them but more prices put up there earlier.
By:
River Me
When: 07 Oct 15 22:58
Should make it 2% on offer or fill.  With all the "upheaval" on here that might get them going!
By:
racingguru
When: 08 Oct 15 10:14
DIE LINKE - yes I agree with you. Everyone has become intransigent. You have to motivate both sides for it to work especially as the odds will be lower than on bf.
By:
longbridge
When: 08 Oct 15 10:41
@dielinke

"Ironically"?  Really?  'daq incentivise customers to place bets that don't match and you're surprised it's harder to get matched?
By:
lanza
When: 09 Oct 15 18:00
just asked them again to add an antepost market (did ask for it 3 months ago), offered to deposit 10k to start pricing up the lay side.

Not interested it seems SadShocked
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