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John 23??? what do you mean market makers are charged???
in some way it is a good thing cause I know some markets are wrong, problem is the price mechanism isn't being discovered to create the activity from value discovery. Unless you can go both ways back or lay you can't take advantage of such market bias though IMO. Seems like the only way to play tennis might be in the run in a match like Dolgopolov and Monfils where there are enough variables to checkmate the technicians |
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Wildone - are you aware of the Betfair Premium Charge?
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Lat - I know the Lads aquistion will be a shot in the arm to BF - and they have a huge marketing budget - I fear their ultimate target is here. They have a market cap three times of BFs and with BF's share price at a 52 week low and dropping they are vunerable. The timing of Lads seems to entry seems to add up. Death of the bookmaker was the original mantra - what a joke.
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I am not a bookie and just googled the premium charge.
okay so bookies are in play and are framing markets and get hit a premium charge. this was suspected anyway , interesting, why can't some bookies take a risk on some markets like they used to in the old days at the ponies??? shift a 1.20 shot out to a 1.22 shot or something??? You are not getting the volume because the value is not there!!! I am only involved in some markets due to covering prepost value achieved. Trying to extract anything more systematically is like getting blood out of a stone. Probably means I am going to have to be more selective to adjust for the confirmed bias unless things modify ![]() |
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If you didn't have to get on the phone to bet in play here in Australia I'd put up some nice odds for ya.
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Austrians are not banned from BF exchange, only Germans are, I'm still there. Where I noticed a marked decline in liquidity compared to previous years as well is in Biathlon, probaly due to Germans absent
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I've noticed the fall in liquidity in the types of markets/sports you guys are talking about.
I pay 50% PC. One way to try and reduce this is to have larger wins/losses rather than trying to be all green on a market. As a result, I place something like 1/2 - maybe even a 1/3 - of the bets I previously did as I'm only playing one side. Example: I think a fair price for something is 2.00 but the price is hovering around 1.90-2.00. Pre-PC I'd lay at 1.90 and back at 2.00-2.04 to green up. Now I'd lay at 1.90 and not bother with backing at 2.00-2.04. Result: I win more, my % charges paid is higher which helps reduce my PC, liquidity is down as I'm no longer backing at 2.00. I'm sure there are plenty of other changes people have made as a result of the PC. |
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This is a real concern.
It's just an extension of the lack of liquidity in general. Practically all side markets are virtually dead (NFL, Rugby and Darts in particular) |
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Same as you Templeton.
I'm on 50% also and where I would previously make multiple trades throught a match, now I make a fraction of those as I'm leaving bets longer. I'm also offering poorer value prices, because should I want to trade out I can't half the time. |
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The fair is going down the drain. It's now over run with bookmakers manipulating. It's time for a new exchange. Sad but true.
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On a slightly different note but maybe relevant you get hardly anyone on the forums either. Used to be a gig part of the tournaments the frum for me
Maybe the betfair cops handing out bans by the handful has resulted in many punters pis sing off elsewhere with their money |
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Doubt it's anything to do with the bans. The forum was pretty much dead during the AO last year too. I remember putting up several threads myself, just to try and get some posts going. No dice though.
I think what the low number of forum posters tells you is that few of the regular posters bet significant sums. Somehow, it won't seem worth it to them to be up at 4, 5 in the morning placing two pound bets... |
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bookmakers getting carried away pushing Jokers price down as they struggle to find suckers willing to take the bait
![]() bit pissed i missed the 2.02 though |
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