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Need to do something positive to boost liquidity on here.
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only one thing will boost liquidity instantly (apart from seeding the markets)
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Nearly 600k matched in the 9.05 dundalk. That does not seem like a shortage of liquidity.
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Unless your one of those people who want to bet overnight or 5 hours before the race then there is no problem.
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acc , that figure is only a guide really .
the shorter the favourite is in the market , the higher that figure will be due to traders trading larger ammounts the shorter the price of a horse . also , if just 2 people kept trading the same amount between them , that figure will go up so it can be misleading . pre-race does not seem as bad as in-running though |
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There's more matched on each race in the British Isles than there was 9 years ago. Of course I have no idea how much was/is trading.
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A few times again today Betfair were SHORTER than the bookies . Greed will KILL them ,worrying time ahead . I'm cutting right back on my betting on here , hardy ANY advantage in the FRONT of the markets...
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salmon , when I first joined in 2008 , there was regularly around £1m matched every race , give or take a 100k , regardless of the price of the favourite.
I don't think it is the same as that level now . |
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^ far fetched, joined 2014, cant fool us ...
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Workrider i think the exchange is just following the books these days,it used to be the other way round.
I'm not sure i'm 100% accurate but wasn't there a Swedish company that was responsible for over £500million worth of seeding in 2008 alone? Who owns that company? Is there even more provided these days as that was rapidly expanding then? Does this company pay premium charge? I have my doubts. The individual lone wolf market makers were killed off through pc,that is the main problem. |
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This from someone who's frequented this place for only 2 years.You are not qualified to contribute until you have experienced the ups and downs of this site for at least 10 years in my humble opinion.
And for the record,I have seen not too much of a difference that makes me want to leave since I have subscribed to this firm  |
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Pa,The new co/owners have a bookies mentality , i.e. take take and take again, and its starting to show . In the not too distant past Betfair were NEVER lower the the books , at ONE meeting alone today they were lower in TWO races . If it keeps up and their bots keep playing they were they are at the moment plus comm , why would anyone in their right mind bother backing on here . The ball is firmly in their court and if they fail to correct or contain their greed , I can see the demise of this once great exchange.
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paddy power bought the exchange to strangle not save it.
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I agree WR though the greed was there ever before new owners.
All very orchestrated now, you may get 4.3/4 on your 3/1 shot,but pay your commission and a drift and it is a bad bet. The forums are a good guide to the demise,they are all but dead. |
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theres no probs 10 mins before every race...in running is dire.
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Pa, just had a quick look at todays results , as you rightly say with comm etc very little difference . Shock horror , have a look at this.
Bath 2.20 -2 Ayr 4.55 -1 Ayr 5.25- e Kemp 6.25 -13 South 5.40 -4 South 7.15 -2 War 4.30 -2 I make that SEVEN races were Betfair are LOWER than the books ,scary or what ... |
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I am not at all au fait with the PC facility, but am surprised at the hoo-haa on here considering it must affect very few people, for it is widely known that the % of winners on here is miniscule and wouldn't apply.
It was my understanding, rightly or wrongly, that it was a tactic aimed at on-course Bookmakers who shovel money on here to reduce their on-course liabilities whilst robbing their on-course clients. If this is the case, I applaud Betfair for imposing prohibitive penalties on these operators,as this was surely not the raison d'etre of the Exchange. Purely my opinion,for what it's worth. |
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Good post that workrider. For years, the Betfair exchange drove value. The bookmakers had to compete or die, and the fixed odds market was buoyed by the "free market" mentality of the peer to peer model.
Should the exchange model retreat, it's not hard to envisage that waters plentiful of offers from shiny new fish, would soon become muddied as the sharks move in and gobble them all up. |
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Pa, this place will never be dead.
Where else can you LAY to win on every race, every event. Simple |
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There's definitely a future for exchange betting but it's clearly not botfair that will take it forward.
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^ far fetched, joined 2014, cant fool us ...
fair point  |
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Straight questions Roida,i honestly don't know the answer,you can put me in the table if you want.
do you think for that 10 minutes they are all punters trying to get bets on? Is it possible most is made up of a "super bot" just churning and trading? |
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And where else can you bet place only.
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but they are trying to get rid of losing punters ,as YOMOMMA says paddy is trying to destroy the exchange and when their work is done they will reopen it buy there will be no laying and backing will be course prices.
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Don't think so.If Betfair did that,liquidity on **** would explode and fill the gap left.
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It's the model that's at risk RothmanMike. Not the operator. Are new gamblers adopting it at the same rate as they were in the early noughties?
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Rothman fair point with laying,though disagree with your view regarding on course books and pc(most use daq i believe), it was simply a move to boost profits under a guise of targetting bot users and paying for advertising to get more users.
The amount paying it is a small percentage but growing and most are then lost as they cannot operate at a 20/40% deficit. They were two main market makers in golf a few years ago,one fella was called Eddie the Eagle,he seeded the markets but had an opinion and a stance,cracking prices where there. They are poor now as any sucessful person gets saddled with pc. |
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I think the advent of handicap races,6 or 7 in an 8-race card has been detrimental to serious punters,who prefer non-handicap races.I have noticed that even a poor maiden with a short price fav attracts well over £1m punted,whereas most impossible handicaps have only £5-600k wagered per race.
This is because of the undue influence of bookmakers on Race planning in recent years. So blame them not Betfair on this occasion. |
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mike , any race with a short price fav will have much more matched ( apart from the big meets ) as the traders use higher stakes to trade with .
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Rothman you are spot on on two counts - first of all its a win win for betfair exchange for any new punter coming into the game wont even have heard of the opposition due to lack of advertising - secondly why would they throw away a company that "wins regardless" of result - aint gona happen in the short term thats for sure
Hiya PaddyPower please let me bet wiv u again cos i luv ya ads (not) Stick this in ya ads PP  https://www.youtube.com/watch?v=LRPOiLc_xBY |
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GUYS,believe this or not , failed mergers in business are higher % than divorce.96% of business mergers fail.
Paddy will run the betfair exchange into the grave,then he will buy betfair lock stock and barrel ,and open it up again under the paddy power banner.and betfair shareholders will be delighted with their healthy profits while paddy will be delighted to have expanded and increased his percentage share in the global betting market. |
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the unnamed champagne drinking lobster eating paddy power share holders have had talks with the crooks for a possible takeover and I expect deals behind closed doors with the walker family over billys are well underway,while joe will be an after thought as they capture their monopoly .I stress this is my opinion and I can not support it with facts,but the steam roller has started to roll.
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Why wud they run a profit making - and always profit making company into the ground iyo - doesnt make sense and wont happen
https://www.youtube.com/watch?v=DL7-CKirWZE |
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apologies for the ad .....
https://www.youtube.com/watch?v=C2cMG33mWVY |
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its done to get share holders to sell.its happens in all take over bids in business.and in property deals.the fat cats in both companies end up with large bowls of cream.the rich get richer and the small guy ends up with nothing.governments do it all the time.
but at the end of the day usually the pie is divided with the 20 to 30 fat cats getting big slices while the rest fight over the crumbs that is left,if you know what I mean. |
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And it has happened to betfair once already,The guys that started the once worlds largest betting organization turned into fat cats and left with their bowls of cream.
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HE WAS on the waltzer.....
https://www.youtube.com/watch?v=NJWIbIe0N90 just my opinion |
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unfortunately betfair in its position as best gambling company in the world(my opinion)do not have the assets of property that the others have,When the crooks were on top with their empire they masses 2000 billion in property assets buying hotels,casinos,houses,shops,and so on,When we think of the ladcrooks days we remember them as bookmakers but behind the scenes all they were was property agents and filling up their property port folio with every corner shop in every town and village,cleaning out the public to pay for the property.paddy billy and joe also have their property while betfair have a few towers and a web site.
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you have your views brassneck ... but ask yaself
https://www.youtube.com/watch?v=WpYeekQkAdc |
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correction=200 billion (crooks)
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