Hot on the heels of last weekends promotion (thank you very much) Betdaq are having another excellent promotion for Goodwood and Galway - a 50% win bonus up to £100.
More details here: http://www.betdaqtraders.com/promotions/
BETDAQ Goodwood & Galway trading promotion
Promotions are to be encouraged, but, the fine print, is pretty onerous.
In particular, u have to trade 75% of the markets.
For a max of 50 quid .. ok, BOTS will eat it up, but, humans ?
In particular, u have to trade 75% of the markets.
For a max of 50 quid .. ok, BOTS will eat it up, but, humans ?
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andyfuller
- Posts: 4619
- Joined: Wed Mar 25, 2009 12:23 pm
Not sure where you saw that 75% of the markets must be traded? 75% of the bets matched that you place on the market must be done via trading tools:megarain wrote:Promotions are to be encouraged, but, the fine print, is pretty onerous.
In particular, u have to trade 75% of the markets.
For a max of 50 quid .. ok, BOTS will eat it up, but, humans ?
I'd have thought that was pretty straight forward for most traders to achieve.75% of Bets Matched during the Promotion Period must be matched through Trading Tools to be eligible for the promotion.
Part of the terms and conditions include this, "Qualifying Period: Customers must place a matched bet on BETDAQ using Trading Tools on a minimum of 50 markets during the Galway and Goodwood Festivals (27/07/2015 – 02/08/2015)"andyfuller wrote:Not sure where you saw that 75% of the markets must be traded? 75% of the bets matched that you place on the market must be done via trading tools:megarain wrote:Promotions are to be encouraged, but, the fine print, is pretty onerous.
In particular, u have to trade 75% of the markets.
For a max of 50 quid .. ok, BOTS will eat it up, but, humans ?
I'd have thought that was pretty straight forward for most traders to achieve.75% of Bets Matched during the Promotion Period must be matched through Trading Tools to be eligible for the promotion.
Still think it's a good promotion. Essentially BD are giving me money to do something I would do anyway.
I have to echo what Peter said in a recent blog post that big Irish race meetings are fantastic on Betdaq. First few races at Galway have traded very well and pre-race volume is getting on for a third of Betfair's.Even if you have tried other markets on Betdaq and found it a bit quiet I'd urge everyone to give Galway a go.
I'm in slightly later today because I gone for a bike ride. But a quick summary is that the liquidity on the deck at Goodwood was below normal. On a like-for-like basis against standard liquidity it was off about 4%.
However Galway was bloodily amazing and was running at much higher volume than normal.
However Galway was bloodily amazing and was running at much higher volume than normal.
I wonder if the Galway liquidity is influenced by a larger presecence of bookies who use software linked to Betdaq, rather than at Goodwood.
I think we all want liquidity to improve at other exchanges - reducing monopoly etc .. and if its a definate link, its maybe a trend, that irish racing liquidity will get stronger.
Shame the exchanges wont break down, the number of bookies linked etc.
I think we all want liquidity to improve at other exchanges - reducing monopoly etc .. and if its a definate link, its maybe a trend, that irish racing liquidity will get stronger.
Shame the exchanges wont break down, the number of bookies linked etc.
I understand that a lot of people used to use Betdaq to hedge in the on course market, but not so sure how many do since Ladbrokes bought them?
However it does look like the on course market in Ireland is a significant influence in the volumes that we see on Betdaq.
However it does look like the on course market in Ireland is a significant influence in the volumes that we see on Betdaq.
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andyfuller
- Posts: 4619
- Joined: Wed Mar 25, 2009 12:23 pm
In percentage terms the BD Irish markets are good but in absolute terms they aren't as impressive imo.
Would you be at all worried that in light of the merger between Coral and Ladbrokes and the likely cost cutting that Betdaq could be cut?
I suspect Ladbrokes don't make much from it if anything and I would think it pulls them away from their core business and is more of a distraction than an asset to them.
Would you be at all worried that in light of the merger between Coral and Ladbrokes and the likely cost cutting that Betdaq could be cut?
I suspect Ladbrokes don't make much from it if anything and I would think it pulls them away from their core business and is more of a distraction than an asset to them.