Trading Horse racing : Removal of 1 second inplay delay for inrunning horse bets

The sport of kings.
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Bluffcity
Posts: 45
Joined: Thu Apr 16, 2009 3:00 pm
Location: Nottingham

Tue Feb 13, 2018 4:57 pm

Betfair are considering removing the 1 second delay for the in running markets on horse racing.

I know a lot of poeple on here run bots and I wondered what you concider the impact might be?

The inrunning markets have been suffering for a while with a lack of liquidity and large spreads between
the back and lay price. Personally I think its a good thing, will increase liquidity and benefit the markets.
The in running community is split though with many saying this could be a disaster.

Any comments appreciated

spreadbetting
Posts: 1728
Joined: Sun Jan 31, 2010 8:06 pm

Tue Feb 13, 2018 5:21 pm

For my bots I'd see the removal of the delay as a big bonus as they react to odds so the more up to date they are the better for me. Hard to know the effect it'll have on the stay at home in running players as I'd imagine the winners amongst them aren't playing so much when any 'live' feed delays affect them but should now have more chance of getting the odds they see. I'd have thought the on course players will be out buying new wheelbarrows though :)

The in play delay in racing has always been pointless so it's about time they remved it, 1 second has never protected anyone in an unmanaged market.

PeterLe
Posts: 3350
Joined: Wed Apr 15, 2009 3:19 pm

Tue Feb 13, 2018 5:51 pm

Bluffcity wrote:
Tue Feb 13, 2018 4:57 pm
Betfair are considering removing the 1 second delay for the in running markets on horse racing.
Hi
Just wondered where you got this information from?
Thanks
regards
Peter

PeterLe
Posts: 3350
Joined: Wed Apr 15, 2009 3:19 pm

Tue Feb 13, 2018 5:53 pm

PeterLe wrote:
Tue Feb 13, 2018 5:51 pm
Bluffcity wrote:
Tue Feb 13, 2018 4:57 pm
Betfair are considering removing the 1 second delay for the in running markets on horse racing.
Hi
Just wondered where you got this information from?
Thanks
regards
Peter
Edit: Just found this link online..http://community.betfair.com/horse_raci ... -bet-delay
bring it on!!! :-)

Bluffcity
Posts: 45
Joined: Thu Apr 16, 2009 3:00 pm
Location: Nottingham

Tue Feb 13, 2018 6:31 pm

If I ran bots I would be delighted with the prospect of no delay.
Lots of options available for cross matching across markets & exchange


It can only be a good thing.

LinusP
Posts: 1428
Joined: Mon Jul 02, 2012 10:45 pm

Tue Feb 13, 2018 7:07 pm

I have no idea what the impact would be on my strategies but hopefully it would be positive, it’s annoying that the only reason they are implementing is stay competitive (cash out / auto cash out)

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Euler
Posts: 16188
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ
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Tue Feb 13, 2018 7:13 pm

Removing cross matching would have a much bigger impact in my opinion.

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Euler
Posts: 16188
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Location: Bet Angel HQ
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Tue Feb 13, 2018 7:13 pm

Perhaps the best way to test this from Betfair's perspective is to run two separate markets, one with, one without.

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northbound
Posts: 530
Joined: Mon Mar 20, 2017 11:22 pm

Tue Feb 13, 2018 7:16 pm

Happy with this, it's a step in the right direction.

I believe that every market, in every sport, should be opened a few days before the event starts and closed when the event ends.

No delays.
No suspensions.
No need for humans to manage it.
No complicated rules.

LinusP
Posts: 1428
Joined: Mon Jul 02, 2012 10:45 pm

Tue Feb 13, 2018 7:18 pm

Euler wrote:
Tue Feb 13, 2018 7:13 pm
Perhaps the best way to test this from Betfair's perspective is to run two separate markets, one with, one without.
I think you would have to A/B test it, I doubt you could get any accurate results from a test involving splitting liquidity.

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