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BJG
29 May 12 09:24
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Date Joined: 20 Aug 07
| Topic/replies: 29,810 | Blogger: BJG's blog
Always around 10% shorter than the current exchange price, why would anyone bother Confused

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Replies: 34
By:
Racingfan
When: 29 May 12 09:28
Ask MrHunt.
By:
Virgin
When: 29 May 12 09:35
Betfair arbing Whoops
By:
guinness2dear
When: 29 May 12 09:36
Where the fark are they ?
By:
theressomepratsonhere
When: 29 May 12 09:43
greed greed and greed
By:
BJG
When: 29 May 12 09:46
Have to be on the beta site guinness2dear and there is a fixed odds button beside exchange odds, just seen it on the tennis markets there, all prices are much worse tho
By:
guinness2dear
When: 29 May 12 10:11
Ta
By:
wee eck
When: 29 May 12 10:23
BJG. the fixed odds is it Betfair  betting with its own money?
By:
guinness2dear
When: 29 May 12 10:27
Well it's not mine..
By:
Deltâ
When: 29 May 12 10:32
wee eck - its them as the bookie with their own in house trading team
By:
Deltâ
When: 29 May 12 10:33
* trading team = risk manangement/traders
By:
barry dennis
When: 29 May 12 10:47
cant wait for moans about knock backs and account closures.
By:
dominion
When: 29 May 12 10:50
The reason they have decided to launch a fixed odds book,is that their turnover (liquidity) has fallen through the floor.Personally,I dont see this as the answer to their turnover problems.Infact,I think it is one of the worse things they could have done.The high street bookmakers must be feeling very smug at the moment.
By:
wee eck
When: 29 May 12 10:55
Delta surely the complications of vested interests will come into play.
By:
sparrow
When: 29 May 12 11:03
I think it's time we had 2 sites, one for the exchange and the other for bookmaking and the casino rubbish.
By:
dominion
When: 29 May 12 11:07
Seems logical Mr Sparrow.But they wont do it,because they want you to go on all the rides,not just the dodgems.
By:
Aviboyd
When: 29 May 12 11:08
barry dennis
29 May 12 10:47 Joined: 23 Jan 02 | Topic/replies: 393 | Blogger: barry dennis's blog
cant wait for moans about knock backs and account closures.


Liquidity aside unlikely to happen if prices are 10% bigger on the exchange imo. Even Betty greed would surely not permit restricting a commission generating exchange player on the fixed odds.

They'll be all sorts of trading, hedging and cross matching shenanigans going on, hope they've got those bots programmed correctly...
By:
turnip turns
When: 29 May 12 11:08
sparrow is correctCool
By:
Deltâ
When: 29 May 12 11:16
knock backs have already happened...
By:
Deltâ
When: 29 May 12 11:18
The following bets could not be placed
Back (Bet For)     Odds     Stake     Profit
Peru v Nigeria
Peru Match Odds     1.8     £100.00     £80.00
The stake exceeds the maximum for this selection.

What ! Lets try 50

The following bets could not be placed
Back (Bet For)     Odds     Stake     Profit
Peru v Nigeria
Peru Match Odds     1.8     £50.00     £40.00
The stake exceeds the maximum for this selection.
By:
Deltâ
When: 29 May 12 11:20
Mr Magoo 23 May 12 20:09 
I've found one market where they are pricing up a book where the exchange is empty so far.
Football->Poland v Slovakia->Correct Score. The exchange has 2.2 for all selections, the fixed odds is priced up to 140% (so hardly taking much risk here).

Just tried to place a £11 bet and it got knocked back
By:
BJG
When: 29 May 12 11:22
Shockedeau dear
By:
wee eck
When: 29 May 12 11:23
ttt.
By:
Aviboyd
When: 29 May 12 11:54
Deltâ
29 May 12 11:16 Joined: 12 Mar 02 | Topic/replies: 16,646 | Blogger: Deltâ's blog
knock backs have already happened...


Oh dear - I stand corrected Blush.  So all those thousands in commission Delta has paid over the years won't even allow him a £100 bet at 4/5 on a footie match.  I should have known better than to believe that Betty greed had boundaries, they clearly don't.  What a shameless and despicable company Betty has become...
By:
Aviboyd
When: 29 May 12 11:57
Deltâ
29 May 12 11:20 Joined: 12 Mar 02 | Topic/replies: 16,646 | Blogger: Deltâ's blog
Mr Magoo 23 May 12 20:09 
I've found one market where they are pricing up a book where the exchange is empty so far.
Football->Poland v Slovakia->Correct Score. The exchange has 2.2 for all selections, the fixed odds is priced up to 140% (so hardly taking much risk here).

Just tried to place a £11 bet and it got knocked back


A clear indication that this fixed odds betting is clearly a vehicle for Betty to trade and line their own pockets with minimum risk and not take bets like a traditional bookmaker, hardly going to attract customers now is it?
By:
Virgin
When: 29 May 12 12:01
Devil rumbled Devil
By:
JH Rogers
When: 29 May 12 12:02
Bf 2 main selling points - Not closing down winners and allowing larger bets.
Very surprised they've gone down this route.

There's plenty of people on here who would quite happily take 10% less than current price for size. The customers who don't play as big could probably manage to get on with whatever money is already on the exchange at the current price.
Cannot see who they are trying to attract if they knocking back (and probably offering less than the books.).
By:
guinness2dear
When: 29 May 12 12:06
There's plenty of people on here who would quite happily take 10% less than current price for size

I do something like that now. As you say JH, this is unfathomable to me..
By:
Rico-Dangleflaps
When: 29 May 23 14:08
I think it's time we had 2 sites, one for the exchange and the other for bookmaking and the casino rubbish.
By:
sparrow
When: 29 May 23 14:18
I agree with Mr Hunt.
By:
Hayden
When: 29 May 23 14:20
I agree with Mr Sparrow
By:
Rico-Dangleflaps
When: 29 May 23 14:38
[img]https://community.cdnbf.net/community.betfair.com/user/rico-dangleflaps/aea9ed0cfb6818f252b20365a5b6d2de.jpg?v=222479[/img]
By:
Hayden
When: 29 May 23 14:40
Which one is stewb please ?
By:
hulk23
When: 29 May 23 14:42
its them as the bookie with their own in house trading team

as true then as it is now Cool
By:
Rico-Dangleflaps
When: 29 May 23 15:07
[img]https://images.onesite.com/community.betfair.com/user/rico-dangleflaps/4a723b9c4de4dd91a063e4e1bd5fe56e.jpg?v=240000[/img]
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