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1000 draw layers in trouble at the cricket

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Replies: 104
By:
Cardinal Scott
When: 05 Aug 25 15:53
swifty you don't seem a toxic fellow so no disrespect but you  and iron are *utterly deluded* and a bit dense if you don't think betfair raked in a massive amount of commission from that test match and more than any other market for that week by a very very long way.


What I got out of it and what betfair got out of me is totally irrelevant.   There would be tens of thousands of participants.
By:
uptheirons
When: 05 Aug 25 16:00
Cardinal,it is you that are deluded if you think that BF made a massive amount there
The amount "Traded" is irrelevant to the Commission paid on winnings only
By:
uptheirons
When: 05 Aug 25 16:03
BTW,Feel free to think otherwise as it makes no difference to me
By:
swiftynifty
When: 05 Aug 25 16:13
Cardinal, unless Betfair ever released commissions paid by sport, I guess we'll never know. But using you as an example of 1 customer, I think you've helped confirm what I still believe the true numbers are.

Anyway, agree to disagree, all the best.
By:
paulo47
When: 05 Aug 25 17:09
Yes swifty , turned over £36 , 9 draw bets .....profit £2-77 . Very enjoyable mind .
By:
swiftynifty
When: 05 Aug 25 17:23
ye, was a cracking series, profit's a profit paulo.
By:
elisjohn
When: 05 Aug 25 18:59
my bets on this test was over £ 30.000 , i didnt risk this amount, but i traded loads of bets , backing draw eg for 100 or more quite often at say 7 and then laying back at 6.8,   the draw was my big winner , but i did win on india £481 , the commission i paid was £9.60 at 2%
By:
swiftynifty
When: 05 Aug 25 19:31
elisjohn, so another 30 of you = a £million traded for commission total of about £300. Betfair are definitely not making fortunes from it, more confirmation of what I thought.

you must've been pleased seeing Woakes coming out in a sling then?!
By:
elisjohn
When: 05 Aug 25 19:37
ps i really ideally wanted the thai,     i had big odds on the series finishing 2-1
By:
swiftynifty
When: 05 Aug 25 19:41
what was the shortest the tie went in the end? 60 at the start of day 5, did it get to single figures?

2-1, you needed rain and the forecast was a bit iffy!
By:
TameTheTiger
When: 05 Aug 25 19:54
PLAYER A BACKS 10K at 4.1 matched by player B
PLAYER A LAYS 10K at 4.0, matched by player C

selection wins...

PLAYER A wins 1000 minus £20 commission
PLAYER B LOSES 31K, pays 0 commission.
PLAYER C wins 30k, pays £600 commission.

Betfair make £620 from PLAYER A's 2 bets.
By:
swiftynifty
When: 05 Aug 25 20:09
yes, if PLAYER C is happy to let it all ride, which I doubt. Anyway unless we know him we'll never know!
By:
swiftynifty
When: 05 Aug 25 20:11
and even then I don't speak Indian!
By:
elisjohn
When: 05 Aug 25 20:16
START OF 5  TH DAY TIE WAS AROUND 38 ON HERE WENT INTO SINGLE FIGURES AROUND 8  WHEN 6 RUNS NEEDED
By:
elisjohn
When: 05 Aug 25 20:21
The shortest price on the draw if i recall correct was  2.74 few days before match started
By:
longbridge
When: 05 Aug 25 20:22
swifty, ellis - do you mean the draw, rather than the tie?  Or is this a different market?
By:
elisjohn
When: 05 Aug 25 20:31
longbridge, the draw is in the match odds , the other is tied match , yes 2 different market.   ps if the match had been a tie then on the exchange all match odds bets would have been voided
By:
swiftynifty
When: 05 Aug 25 20:33
the tie, the draw was around 150 near the end of play on day 4, needed rain all day on day 5. It was backed into 60, we are assuming by people thinking the tie was a draw.
By:
elisjohn
When: 05 Aug 25 20:41
swifty, i layed the draw before start of yesterday morning at 46, im sure it went into 30s, i backed the tie at 16 yesterday around 11.00
By:
swiftynifty
When: 05 Aug 25 20:43
do you think that was tie/draw confusion or the London forecast?
By:
elisjohn
When: 05 Aug 25 20:52
definetly,  loads still think tie/draw is the same
By:
swiftynifty
When: 05 Aug 25 20:54
add in dead heats, voids etc.
By:
longbridge
When: 05 Aug 25 23:15
@elisj

"longbridge, the draw is in the match odds , the other is tied match , yes 2 different market.   ps if the match had been a tie then on the exchange all match odds bets would have been voided"

Thanks, I knew the second bit but not the first hence my confusion - I follow cricket a bit but rarely bet on it.  Thanks again.
By:
elisjohn
When: 06 Aug 25 04:32
just to confuse you more, on  one dayers etc, the market do have match odds and another on  match odds including the tie and yes another on  tied match, yes 3 separate bets ,
By:
longbridge
When: 06 Aug 25 11:36
@elisjohn

Thanks - I think I have seen Math Odds without the Draw, I do not think I have yet seen one with the Tie, will keep an eye out.
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