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dumplingheid
24 Jan 25 14:41
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Date Joined: 20 Nov 01
| Topic/replies: 218 | Blogger: dumplingheid's blog
Its been a couple of weeks since the desperate approach of betfair to increase the liquidity of the markets by the introduction of expert fee/ premium charge etc , has anyone noticed any significant increase in the liquidity or turnover in any of everyday market on the horse racing as I cant see any difference on the football.

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Replies: 81
By:
Rico-Dangleflaps
When: 24 Jan 25 14:50
worse.
By:
stewarts rise
When: 24 Jan 25 14:52
To be honest though, horse racing has been cr@p recently.
By:
Wicklow
When: 24 Jan 25 14:55
not noticed any change more/less if you ask me
By:
jamee1
When: 24 Jan 25 15:00
Horse racing feels the same to me. No data to back that up though.

I have doubled my commission churning on football to try and compensate for the implied commission reduction.
By:
HappyHibby
When: 24 Jan 25 15:56
18k a month not sufficient for you jamee ?
By:
jamee1
When: 24 Jan 25 16:13
Only £14k last 30 days Hibby. -£4.5k commission churning and PC/EF.
By:
HappyHibby
When: 24 Jan 25 16:18
why don't you go back to doing what you were doing before you realised UK racing was the golden nugget jamee ?

a few hours on the USA nightshift ?
By:
Wicklow
When: 24 Jan 25 16:34
Jamee - out of interest how much do you pay for the gps data - is it weekly/monthly?
By:
jamee1
When: 24 Jan 25 16:45
US markets pretty dead now Hibby. Much prefer sitting at my PC all day rather than all night too.

GPS data from TPD. £60pm-£100pm for the best latency subscription, depending on how many races you want to cover.
By:
HappyHibby
When: 24 Jan 25 16:48
you commission churning tonight jamee ?
By:
jamee1
When: 24 Jan 25 16:49
Always.
By:
HappyHibby
When: 24 Jan 25 16:50
give me an example then...

not that i will do it myself tbh.
By:
HappyHibby
When: 24 Jan 25 16:51
the Torino game...

what you doing in that one ?
By:
Wicklow
When: 24 Jan 25 16:53
I wonder how many subscribers they have on a similar package to yourself. I dont doubt your winnings figures, but there cant be many other users taking down similar numbers as theres not that many big slices of the pie to go around.
By:
jamee1
When: 24 Jan 25 17:31

Jan 24, 2025 -- 4:50PM, HappyHibby wrote:


give me an example then...not that i will do it myself tbh.


You find two balancing markets where the combined book is very close to 100%, then back to win in one market and lay to lose the same amount in the other. eg you might back 0-0 correct score and lay

By:
jamee1
When: 24 Jan 25 17:32
...and lay
By:
jamee1
When: 24 Jan 25 17:34
You find two balancing markets where the combined book is very close to 100%, then back to win in one market and lay to lose the same amount in the other. eg you might back 0-0 correct score and lay
By:
jamee1
When: 24 Jan 25 17:35
This is weird, it won't let me post the explanation! CrazyLaugh
By:
swiftynifty
When: 24 Jan 25 17:36
rule 8c. Anyone promoting churning to reduce charges will be subject to a life ban
By:
jamee1
When: 24 Jan 25 17:40
Clearly! LaughLaughLaugh

Oh well, I'm sure you get the gist, Hibbo.
By:
swiftynifty
When: 24 Jan 25 17:41
i'd be a bit careful jamee, just in case!
By:
jamee1
When: 24 Jan 25 17:44
If I disappear then you all know why.
By:
HappyHibby
When: 24 Jan 25 17:51
crikey jamee...

do you do that manually ?

or do you have a robot friend ?
By:
swiftynifty
When: 24 Jan 25 17:53
jamee, on your example you saved over a grand on charges from churning?
By:
HappyHibby
When: 24 Jan 25 17:53
no idea why Betfair don't want folk doing that anyway ?

anything that creates liquidity / matches offers is surely only a good thing...

so what if the person doing it is just commission churning ffs...

that's madness from Betfair (but i ain't surprised).
By:
swiftynifty
When: 24 Jan 25 17:55
HH, i think it's clear why they don't like it. customer saves X, betfair earn 0
By:
HappyHibby
When: 24 Jan 25 17:59
i get that part swifty...

but the other part is that jamee's loss bet is another persons win bet...

which creates commission also...

so jamee pays commission on his win bet...

the other person pays commission on their win bet...

what's not to like ?

i mean don't get me wrong i have no idea if it means Betfair get more or less money...

but for cryingout loud to not like someone matching bets is poor imv...

but like i say it ain't unexpected.
By:
HappyHibby
When: 24 Jan 25 18:01
if jamee didn't have some of these bets the money would probably remain unmatched at kick off...

is that what Betfair wants ?

mind boggling imv.
By:
jamee1
When: 24 Jan 25 18:06

Jan 24, 2025 -- 5:53PM, swiftynifty wrote:


jamee, on your example you saved over a grand on charges from churning?


Much less than that Swifty. My figures were only rough.

IMO Betfair will be in favour of churning due to the liquidity it provides. If they didn't they would have reduced implied commission to 2% which would have wiped it out completely.

By:
Cardinal Scott
When: 24 Jan 25 18:22
Big Bash T20 cricket markets have never seen such volumes.
By:
Cardinal Scott
When: 24 Jan 25 18:23

Jan 24, 2025 -- 6:22PM, Cardinal Scott wrote:


Big Bash T20 cricket markets have never seen such volumes.


To the positive!

By:
HappyHibby
When: 24 Jan 25 18:26
in running horse racing is on it's knees for folk like me...

and i know i ain't the only person who sees it that way...

but who cares...

not Betfair.
By:
swiftynifty
When: 24 Jan 25 18:35
there is no longer a steady supply of losers coming on board Hibby, and what money is there is being snaffled by automation, combining bots and GPS
By:
HappyHibby
When: 24 Jan 25 18:36
oh it's fkd for me swifty...

last legs stuff now tbh.
By:
swiftynifty
When: 24 Jan 25 18:40
It is a shame, it was a great product, but BF cross-matching bots started the downfall, then the various other forms of automation. Plenty of people who could be blamed who have no interest in it other than for pound signs.
By:
HappyHibby
When: 24 Jan 25 18:41
can't disagree with any of that tbh swifty.
By:
swiftynifty
When: 24 Jan 25 18:42
you'd be the same as me Hibby, bar short trial of data and drones, only really ever relied on eyes and 1-click, different game altogether now.
By:
HappyHibby
When: 24 Jan 25 18:49
agreed swifty...

that 6:45 southwell...

a few years back i'd be sat here thinking i could win a few quid here (and did)...

now i'm sat here thinking i've got no chance and if i get anything it will be peanuts...

soul destroying tbh.
By:
swiftynifty
When: 24 Jan 25 18:52
you can't win when they're up the striaight unless something dramatic happens and then that's luck due to the time differential, and hard to rely on drama to make it pay.
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