Betfair Volume Analysis

[LinusP]

Should have time later today, will share a dashboard and the full dump (aggregated) as long as people share their analysis

[Euler]

Should have time later today, will share a dashboard and the full dump (aggregated) as long as people share their analysis

Happy to do that

[LinusP]

https://www.dropbox.com/s/g3ya6cnj0rqxn ... A.csv?dl=0

No guarantees on this as there is certainly data missing in 2005/2006, looks like there is some missing in August 2014 as well. Cricket was looking good up until this year, there is almost more money traded on it than Tennis, Peter is that where you hide Football is the worst performer this year with a small drop of 2.2billion, how does 2.2billion disappear?

I noticed on the betfair forum that someone posted a link to the dashboard I posted in the middle of 2014 claiming that volume had dramatically decreased in 2014. Please note that the dashboard only contained data up till the middle of 2014, hence the drop from 2013.

[Euler]

I noticed on the betfair forum that someone posted a link to the dashboard I posted in the middle of 2014 claiming that volume had dramatically decreased in 2014. Please note that the dashboard only contained data up till the middle of 2014, hence the drop from 2013.

Thanks, I saw that post but Betfair banned me from their forum so I couldn't point out his error. Nobody else seemed to spot it!

[Euler]

Cricket was looking good up until this year, there is almost more money traded on it than Tennis, Peter is that where you hide Football is the worst performer this year with a small drop of 2.2billion, how does 2.2billion disappear?

Haven't looked at the data just yet, but Cricket probably would have suffered because of the crack down on illegal gambling in India. However that appears to be run from Dubai now according to posts on the forum.

On Footy Betfair have stopped rushing bets onto the exchange so I reckon that's the cause of a big drop. I noticed they have been setting up the markets so they are similar to Bet365 at 103% of book. I guess that's diverted money as well as people think 5% commission is a 105% book, but it's not.

I'll have a nose around the data over the next week.

[Euler]

Immediate impression is that without Cricket the exchange would have shed £5-6bn in turnover since PC was raised to 40-60%.

Financial bets (which I think could have been such a great area) has almost evaporated -98%

[Euler]

Greyhound racing only showing as £810k for 2015, that seems low.

[Euler]

Looks slightly anomalous. £26m in 2011, £2.5m in 2012?

£400k the year after

[LinusP]

Looks slightly anomalous. £26m in 2011, £2.5m in 2012?

£400k the year after

Which sport?

[Euler]

Greyhounds

[LeTiss]

Depressing reading, but not surprising

If BF have any desire whatsoever of stimulating the exchange, they need to end PC. The problem is, they are so flipping arrogant as a company, they will never do it out of principle

[LinusP]

Greyhounds

[Euler]

Thanks, my error not adding PE and NI

[Euler]

Depressing reading, but not surprising

If BF have any desire whatsoever of stimulating the exchange, they need to end PC. The problem is, they are so flipping arrogant as a company, they will never do it out of principle

Just reassure yourself that Breon paid himself £11m of our money last year turning Betfair from one of the most loved gambling companies ever created, into one of the most hated. A generation of punters is being encouraged to lose lots of money when a click away they would be so much better off. Nice if you can get away with it, but unlikely to win any awards for morality.

[LinusP]

Thanks, my error not adding PE and NI

I think I remember that PE/NI/IP changed for some sports, when looking at average bet size on greyhound racing you can see a big drop when filtered on 'In Play'.