Betfair to do fixed odds betting sportsbook

[Euler]

Just placed a bet on a football match later this evening offered at 81 on fixed odds, I asked for £3 at 81 and it came back "The stake exceeds the maximum for this selection."

I can back at 200 on the exchange.

[freddy]

Thats exactly what happend to me too ,

so are certain customers stakes restricted or is it just that betfair are unwilling to take any risk unless they can hedge it on the exchange straight away

[pecheli]

I fucking hate BF.
Just move to smarkets and betdaq already. oh and there is wbx.com too.

[Euler]

I notice that on the Euro 2012 winner market Spain are at the same price as on the exchange but everything else is bigger.

[PeterLe]

I notice that on the Euro 2012 winner market Spain are at the same price as on the exchange but everything else is bigger.

Think I'm mis reading this somehow, but it looks like I can currently back Spain to win at 4.3 on the fixed odds and lay them to win on the exchange at 3.95 ? That's not right is it??

[Euler]

Yes, they have drifted on the fixed odds market this morning but come in on the exchange. Could this be Betfair's first palp?

[PeterLe]

I'm still a bit hesitant! From past experience, if something looks too good to be true on betfair..it usually is??!

[Euler]

I know, I think they will palp this when the realise their error.

[PeterLe]

Just tried £100 at 4.3..."the stake exceeds the maximum for this selection"

...somehow it just seems doomed to fail to me...

just backed £22 pounds at 4.3 and then laid it off on the exchange at 3.9..Its only £7.7 profit but I just wanted to see if was possible..

[spreadbetting]

I know, I think they will palp this when the realise their error.

I don't think they'll let people have enough on to make it worth the effort of palping it. It'll just be good PR to be best price for them even though they probably won't let anyone on for more than a fiver


edit: just saw someone on the betfair forum had said it's an enhanced price until 2.00pm and they were allowed £2 on , maybe I was being a bit optimistic with my guess of a fiver.