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has the Betfair Exchange lost its magic touch?
has the Betfair Exchange lost its magic touch?
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Replies: 283
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As long as your imaginary portal makes you happy shafter, hope you use a lubrication before being beamed up!!
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TOBYMUGS
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Sad you have have to get so low shafter, tbf you never did rise very high!!
The rusty tranny probably being the highest before getting nicked!! |
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the same rusty tranny you're lubing the snickers launcher of?
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Case rested!!
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Ffs
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Major point there is 17.23/24pm imo. I honestly don't think you would say it lightly.i could believe that,major point whatever way you look at it.
Never should be allowed to happen and you really need to find the answers though easier said than done. |
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Roger.
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I'm saying that in good faith, a simple email explaining your grievance and asking them could they provide an explanation would knock out maybe some things,no harm imo,their attitude might be a fo but you may be saying that point is there?
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no-one tells the truth in this cesspit of a planet..
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Rico,some have a semblance of a conscience, we will all be on a death bed for some time the longer we are the more questions we ask ourselves,great way to go and probably all we have if more than oneself says it.
also a greed and stupidity planet. |
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Go Ballistic: something will change whether that is the comm rate going back up or ACs or other gambling law restrictions or BF going belly up or ....
I think they would if they could on the commission, but they can't on UK racing because of competition from purple and, to a lesser degree, Sm*arkets and M*tchb**k. The small price-takers dipping into the market without technological advantages get essentially the same prices at lower-liquidity, coarser-price Purple than they do here. With these punters, the competition between providers on the comm rate is genuine. It was the people who were botted-up, who hit the exchange multiple times per second, who sucked up ricks and anomalies, who needed BF and its whole ecosystem of sometimes malfunctioning bots, people making errors, bettors capitulating. BF didn't need them and did all they could to stop them draining the pool with the structure of their premium charge. |
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Good post Askari1.
I get a lot of that however if you were 'taking on' a big market maker in the sense you thought a few prices were out but the market maker was ultimately ahead, do you take from the initial small fella or the main market maker? You shouldn't really take from both imo. Biggest thing maybe is time versus money,does it pay? costs?, probably for a very few,should click with many it may not. |
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@Lapsy PA The big market maker will be ahead in being filled in. The market maker wins / makes money in (roughly) balancing a book, or having (say) 60-70% of their prices stay on the right side of the spread or move out, rather than have by the prices taken by the skilled price-takers crash through their lays with nothing else being backed.
Whether the small skilled winner wins from the recreational player or the market-maker is academic, provided the market-maker can keep going. Ultimately in this sense the winning price-taker takes from the sporting users. The problem for all the winners, including BF / the operator, is that there are too few of the sporting users. And they're betting too small. The key issue with any type of market has to be how much of the mug money finds its way to the exchange. A relevant comparison for me would be between horses and cricket, where the layers hedging into BF are (supposedly) illegal subcontinental bookmakers. Liquidity on the cricket is huge; the books are essentially creaming the difference between their laid and the saddle price. On British horses, the FO books have found ways to work out, approximately, the true prices (no doubt leveraging information of who was betting with them on what), without having to give up so much of the value of their in-built positive expectation bets with shop and non-barred online customers. |
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think we,re all in agreement that for most the money on Betfair now the RACING/ACTUAL SPORTING part of it,horse,jock,tactics etc are redundant, they might as well be forming a book around an horse racing arcade game,which then feeds in to why the racing game is dying on its Arris, dizzy rascal got more mentions on it yesterday than any horse running and they were boasting about a dizzy rascal inspired 13,000 crowd on a sunny Saturday at newbury with a couple of graded races on the card as a brilliant crowd
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I heard lord derby at York the other day try to say around 20,000 was decent crowd /average for York when discussing dwindling crowds ,20 yrs ago they were getting 47,000 for MAGNET CUP DAY
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dizzy rascal got more mentions on it yesterday than any horse running and they were boasting about a dizzy rascal inspired 13,000 crowd on a sunny Saturday at newbury with a couple of graded races on the card as a brilliant crowd
---------------------------------------------------------------------------------------------- agreed 1tp... i presume Dizzy is a pop star ? take away the 'music after racing' events and how many folk turn up to watch the racing ? Newmarket on a Friday night how many are there to see horse racing ? very few imv. Ladies day at Musselburgh the other day... aye there was a big crowd... most of whom looked like they were young lads/lasses looking for a pick up after getting hammered all afternoon... and that's fine... but let's not dress it up as 'racing gets big crowds'... coz it ain't. |
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TBF Perth looked fairly rammed at their meeting yesterday too - racing can get crowds still, at times. Probably the sunnier and holiday/weekend type meetings.
Not sure anyone would be boasting about a crowd for comparison at something like Chelmsford in February though!  |
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why lie,why take people for fools,oily bell stood outside train satation prentending those getting off train are coming to watch racing when we all no maj are coming nto watch the pop concert,the gravey train that stupid they cant even see their admitting racing can survive without the concerts,not stopping for a nano second to think how many genuine racegoers stay away on conceret days because of costs,type of crowd etc
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Spellchecker required or Pished imo.
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got to agree 1tp...
but the media don't help in ANY aspect of racing imv... when do they ever call out dodgy rides / dodgy betting patterns / anything dodgy whatsoever ? NEVER (or extremely rarely)... they take the public for total mugs and 'play the game'.. as does the BHA btw coz they know if they really wanted to clean the game up there would be hardly anyone left imv. |
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last 18 races ive playing ive w0n over £10 wonce.. £10.89
that itself is a 1.000,000/1 chance. |
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Will u lay me a million to a poon . The next 18
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to what? gambling? nt too lazy.
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Its a sobering though for me this year. I have lost £1300 backing on the exchange and won £1100 matched betting with bookies. Seems to me next yo impossible winning on the exchange these days. Something has defo changed feels like so many well backed horses win and drifters always lose. Thats why there is no market anymore before 10 mins to off. People just waiting to see order flow. This to me indicates that the game is not fair anymore
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If taking high price back offers is consistently no longer paying then perhaps it's time to try something different? Whatever the reason, fair or otherwise, moaning about it won't get you anywhere. There's still plenty of opportunity if you adapt. I've just had my most successful 3-day run ever. Perhaps try leveraging the advantage of instant cancellation and offer rather than take?
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Wasting you time Jamee, he has not a clue how to make a book and less of a clue about form or anything else to do with racing, could not even get copper piping right in his heyday!!
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aint moaning...ive made fortunes..merely stating that its now controlled by technollogy and certainly isnt BetFAIR anymore.
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ROFL!!!
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Go Jamee go
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Must be factual if shafter posts it, how many times have you lost on proof challenges shafter, easier tbh if you state how many you won?
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CagliariG 18 Aug 24 16:21
Wasting you time Jamee, he has not a clue how to make a book and less of a clue about form or anything else to do with racing, this the clown that left the league naps comp when in 22nd plaice...pmsl. wac  |
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Struggling again shafter, try harder!!!
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was it 21st?
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Yes always adapt to the new situation
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A competitive handicap attracts 120K as winner crosses line. 3.50 Thirsk
Where is the bottom? we're slowly moving into Greyhound territory.  |