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NO LIQUIDITY ON BETFAIR

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Replies: 241
By:
spurs to buy big
When: 25 Oct 16 01:43
true dat ..previous two posts
By:
romfordiron
When: 25 Oct 16 22:24
Without a doubt, there's steady decline across the board in terms of liquidity. Aside from cricket, all sports seem to be suffering, with the side markets in particular becoming desolate wastelands. Even this section of the forum has started to die.

A big anomaly to all this is the big political markets. I can never remember them being big in the early days, but they're now setting all time records in terms of volumes matched. Brexit saw well over £100m matched and the US election is currently at £75m with 2 weeks to go. I wonder if some US money is starting to find its way onto the exchange, or whether there's just a growing appetite for political betting.
By:
Cardinal Scott
When: 26 Oct 16 11:36
Laxman Shiva or whatever he's called has never made a valuable insight in all the time I'v heard him on comms.
By:
Cardinal Scott
When: 26 Oct 16 11:42
^ Wrong thread above for my cricket observation ^........while I'm here I notice % of visitors from UK visiting Betfair is at 26% that seems on the low side, also notice Romania likes Betfair (quick check of population of Romania)  wonder if Brexit will have consequences for that market.
By:
stu
When: 26 Oct 16 14:29
Couple of points:

How do people think the horse racing markets are doing in this respect - reasonable?

Not many recent mentions of the other big factor, coloured Purple?
By:
stu
When: 26 Oct 16 14:33
How much is the other option affecting here?
By:
stu
When: 26 Oct 16 14:41
Something else to add - there's recently been a BF exchange TV advert (sign of change poss?)
By:
pablo-fanque
When: 26 Oct 16 17:24
zooot , you say Now it is a hard slog against the established sharps and the very high commission

what percentage are you on ?
By:
fixed
When: 27 Oct 16 04:21
so aside from cricket...and aside from political markets...and aside from the main markets, in basically every sport  (all of that accounts for hundreds of millions each, peanuts of course for side-markets super-specialist big winners )....you sharps and sharks and whatever else you call yourself  have detected a very rapid, yet still multiyear terminal decline in liquidity


can't wait to see your whining 5 years from now
By:
Barton Bank
When: 27 Oct 16 19:46
Racing markets particularly poor today. Most race markets are starting to look like Wolverhampton on a Saturday night. Weak and volatile.
By:
spurs to buy big
When: 28 Oct 16 00:19
there is certainly a downward  trend ...decent money in politics though ...City boys i reckon
By:
This is for BIG Players only
When: 30 Oct 16 19:33
how do you stop exchanges? Build a s*** new site that drains liquidity.
By:
Barton Bank
When: 31 Oct 16 19:57
The new site might have put some people off but I reckon the biggest single factor is the decision to actively push all new customers towards the sportsbook. Obviously external factors out of Betfair's control are partly responsible also.
By:
CONER
When: 31 Oct 16 20:51
Think the tax has a lot to to do with it.
By:
Coachbuster
When: 31 Oct 16 22:39
By:
Getaix1
When: 31 Oct 16 23:30
http://blog.paddypower.com/politics/2016/10/18/paddy-power-pay-out-hillary-clinton/

Enough said!
By:
lewisham ranger
When: 01 Nov 16 10:26
surely the vast majority of those complaining about paying the pc are bot users

either that or they are lying?
By:
pablo-fanque
When: 01 Nov 16 14:33
No
By:
DOUBLED
When: 01 Nov 16 14:50
lewisham ranger
01 Nov 16 09:26
Joined: 08 Aug 02
| Topic/replies: 1,107 | Blogger: lewisham ranger's blog
surely the vast majority of those complaining about paying the pc are bot users

either that or they are lying?

NO
By:
lewisham ranger
When: 01 Nov 16 18:19
lairs then Wink

surely it's bots that have destroyed betfair- not the premium charge.
By:
lewisham ranger
When: 01 Nov 16 18:20
liars even Mischief
By:
pablo-fanque
When: 01 Nov 16 18:40
I only use gruss one click software , no automation .

no fast pics

no advantage

but I pay PC
By:
Barton Bank
When: 01 Nov 16 18:58
I have paid six figures in Premium Charge. Have never used a robot, gruss or any form of autoamated software. Just an opinion based punter.
By:
romfordiron
When: 01 Nov 16 18:59
I don't use bots either. Would be fascinating to see the percentage of PC payers who do use bots. You still see bots operating that I'm almost certain aren't profitable, at least for the periods of time that you see them active. I'd imagine there's actually quite a few bot users who aren't on PC. At the end of the day, a bot is only as good as the person who can programme it.
By:
Wicklow
When: 01 Nov 16 19:50
Like the others, I play from home off vids and ruk for racing, only started using gruss when the classic website got canned. Maybe it was a blessing really - as I do regret not getting into the 1 click stuff before.
Have been stung for over 50K in pc2 since jan. How much have that has been spent on bringing new people to the exchange. Zero im sure.
By:
lewisham ranger
When: 01 Nov 16 20:37
I remember the days of betfair classic

they bring a tear to my face, just thinking of them Silly

Problem is if you are a genuine position player and paying the premium charge then you're effectively acting as a bookmaker (or professional punter) under the betfair remit. But a bookmaker or professional with no rights, no power.

They don't give a monkey's about you. They care about their shareholders and what they can show them on the balance sheet, that's like any business really.

I'm not sure an exchange or bookmaker model exists which caters for the professional punter, and doesn't hit them with massive charges or shuts them down completely.

Sadly, that's a fact of life.
By:
Barton Bank
When: 01 Nov 16 22:44
I have less of an issue with the PC than I do with betfair neglecting the exchange in favour of the sportsbook.
By:
bettinghelp
When: 01 Nov 16 23:07
For me it's neither the site design, the PC, nor other users' bots that are the problem. It's been the introduction of betfair's own cross-matching bot that's decimated my already feeble returns. Every day I see numerous bets sitting at or near the front of the queue waiting to get matched, only to see hundreds, and sometimes thousands, trade at 'my' price without me getting a penny matched. This makes me ever more reluctant to provide liquidity, as doing so invariably leaves me getting matched on the bad moves and unmatched on the good ones.

I don't trade in the lesser side markets, but without doubt, the even more recent introduction of the cross-market cross-matching bot will have driven substantial amounts of liquidity from other customers away.

So betfair can continue to nick a pound here and a pound there, but there will ultimately be a hefty price to pay. A few years from now the entire betting landscape will be radically different to what we're seeing now, imo.
By:
lewisham ranger
When: 02 Nov 16 00:29
A few years from now the entire betting landscape will be radically different to what we're seeing now, imo.

But people have been saying this for years and no real evidence of changes. It's like the stock market, most people who make decent money out of it either work or own a company.

That's the capitalist economy we're in, people who own companies can make a fortune and everyone else is scrapping away for peanuts.
By:
spurs to buy big
When: 02 Nov 16 15:22
the exchange model does not work for the PLC..if the BF exchange still exists in years to come it will only exist as a very small part of the Betfair portal where a few hobbyists and nerds tinker about with a very limited number of markets
By:
DOUBLED
When: 02 Nov 16 15:59
Lets see what the government enquiry brings about as the ability to cherry pick your customers and make fortunes out of FOBT's might be coming to an end and the exchange may look a better proposition.
By:
Barton Bank
When: 02 Nov 16 21:22
I think the exchange is living on borrowed time, certainly for sports like Horse Racing. Unless Betfair changes direction and starts to actively promote the exchange, which imo they aren't going to do.
By:
spurs to buy big
When: 09 Nov 16 01:53
must say US politics markets are very impressive right now
By:
spurs to buy big
When: 09 Nov 16 01:53
must say US politics markets are very impressive right now
By:
spurs to buy big
When: 09 Nov 16 01:54
must say US politics markets are very impressive right now
By:
fixed
When: 09 Nov 16 23:32
in every way
By:
CASHINVEST
When: 10 Nov 16 00:10
us horse racing markets are DEAD
By:
zooot
When: 01 Dec 16 09:06
After 6 months or so away from sports betting all I can say is that it is a very pleasurable experience:
- time to do all sorts of fun stuff
- weekends are weekends - not work
- peace of mind - not the nagging sense that I should be trying some new system or approach that might work long term
- No longer the sense of being a loser (which you tend to feel even if you are profitable because of psychological impact of losing streaks)
- no more disappointments as the market adjusts to your approach and profits dry up yet again

If it aint paying you better than your daytime job per hour try a break - you'll be a happier person for it.
By:
TheBaron
When: 01 Dec 16 13:01
Exactly what I'm thinking after my worst consecutive four months on Betfair.
By:
tangsoodo
When: 02 Dec 16 17:33
why are betfair trying to be a sportsbook
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