I don't know if it's applicable to other sports, but for pga golf tournament outrights, betfair almost always has odds just one gradation inside of smarkets, on both sides of the spread.
for example:
if smarkets' spread is:
mcilroy 9.6 - 12
betfair's will be
mcilroy 9.8 - 11.5
even when smarkets spread is something like 20 - 80 betfair's will often be 21 - 75.
i have often seen betfair's odds trail smarkets, so i wonder if betfair themselves use a program to always guarantee they offer better?
(i also feel like i have occasionally seen smarkets trail betfair to offer a spread just outside, but that seems really odd, so maybe i have imagined it?)
can anyone illuminate me?
thanks
why do betfair and smarkets shadow each other's odds?
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