Betfair to do fixed odds betting sportsbook

by **Euler** » Fri Jun 08, 2012 1:34 pm

I've just placed a number of small bets one after another. But something isn't right here, this opens Betfair up to potentially unlimited liability. Can't be right.

by **mugsgame** » Fri Jun 08, 2012 2:16 pm

How does the sportsbook impact PC. Does it count?

by **Euler** » Fri Jun 08, 2012 2:35 pm

Betfair wrote:Our trading team have advised that this price was offered for a limited time as a marketing promotion.

So if you filled your boots, well done.

by **Euler** » Fri Jun 08, 2012 2:36 pm

mugsgame wrote:How does the sportsbook impact PC. Does it count?

My understanding is that it doesn't count.

by **mugsgame** » Fri Jun 08, 2012 2:43 pm

Cheers PW.

I am have noticed that the prices they have up are all"industry" type prices such as 51 (50/1) 34 (33/1).
This looks like they are ignoring the exchange and are literally acting just like a conventional bookie. Which means there will be restrictions.

Try getting £50 on a 33/1 shot with Skybet. You may do it once or twice, but they soon close you down.

My thinking is BF will do the same

by **spreadbetting** » Fri Aug 17, 2012 12:41 pm

They just restrict the amount you can get on, when they had Spain at 10/3 for the WC I think they let me have £15 max on

I'm sure it won't be too long before they do their first palp either as they do seem to have a habit of cocking things up.

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