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With the bookies milking the IR exchange markets while bf watch their product killed infront of their eyes?
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Replies: 31
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one did at chepstow recently defo
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Betfair's rearguard action to offer a money back promotion on odds on losers upto 10 quid
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Did it have any effect the fear, any difference to in running market on here?
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Isnt there a requirement to declare whether they are carrying them or not to the public?
Or do the traditional bookies just quietly get on with torpedoing their competitors battleship without any mention? |
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no idea james i just know a friends runner was asked to carry a chip no explanation
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do you remember when the ex betfair staffers were getting the scores direct from the umpire in tennis, dusty? This will go the same way. T.H.E.Y will have all angles covered.
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although potential stewards enquiries must be an issue?
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What am I missing?
You can tell where every horse is in the race now to within under a second but you couldn't do a price on them without seeing the race or how well theyre going. If horse a is 5l clear 2f out but has been going like the clappers from the gate, how can they price that compared to a horse b that is 5l clear 2f out that has just overtaken the field after being held up out the back I think and hope it's all a lot of sh1te, another useless gimmick |
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loads of ways i shd imagine mate. They won't have the whole market covered but a fast finisher compared to one stopping?
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It will be linked to an AI
If a horse travels significantly at the beggining they know Its not a gimmick, all margins will be lost in due course as the odds will be relative to the actual chance of winning, meaning its pretty pointless in betting longterm, be like a lottery, some you get right others you dont but all bad value so everyone playing loses. If I were bf's competitor Id kibosh the exchange without letting bf have the data, why would they do anything other than that? The question is what exactly bf got up their sleave to stop the exchange being dismantled by bookies? |
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get in first
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if it became 'no lose' betfair could tax them out of it
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bf will also make from the proceeds to start with, as the bookies winning will bay to shred the exchange.
But from bf's point of view it would be like infanticide, profiting from the ultimate demise. |
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I guess it would manifest itself as a big player taking up most of all markets with turnover and making a heavy profit as all others user lose, then stop.
How do bf stop that? Its just another punter using data that betfair cant control, they will take 60%, but they wont get the punters back once the odds not offered them anychance. |
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Be like a parasite taking over the host till the host is dead
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dusty , i believe betfair are in talks with the company to provide this to betfairs customers .
are betfair already using it and testing it out , probably . will it be any good for the exchange probably not . the only upside will be that the bot or AI , will not be able to see one cruising upside one that is struggling 3f out . so long as both horses stride patterns remain the same |
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are betfair already using it and testing it out
quite possible why willie and others have found the liquidity to be poor lately  |
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if that was the case the money willie WAS getting should show on the graph if someone else is getting it? Which it isnt?
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I look at it like cricket when one team are well on top
If they off too hard a target the opposition closes down and plays for a draw. But to use the advantage they have to offer just enough to give the opponent a fighting chance. The problem is companies dont see long term tactics they thinks short term profit. So that horse thats cantering will already be known on previous running style what its likely true ods would be, and only those true odds will be left available, and it will be a pure gamble of will it or wont it win, 4/6 the both |
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TF , that's true , but you never know what betfair can do in their own markets .
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cant stop technology unfortunately. One upside would be the demise of track players? Most people who arent track players wouldn't shed any tears over that i guess.
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indeed pablo
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The only saving grace is actually the very thing the exchange argued it would counter; the tactic of the jockey, owner, trainer.
Whatever the tech can see, it cant determine if the jockey gunna bother. You can probably guess though theyd then start offering up the stats to police whether trainers wernt putting it in |
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any good news, dusty?
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nowt that comes to mind TF
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D of E still alive.
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lol
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chips for tea
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but feckin quorn with em
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quorn is a crime against humanity ffs
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Nowt else in the freezer till I do another shop
Bought em thinking Id cut down on meat, and put em off for months Now no choice |