Cross matching is present now even if the market is not overbroke.spreadbetting wrote:Basically XM only comes into play when the market goes overround/overbroke and Betfair can skim the pennies out of the market without the bets ever seeing the exchange front end.
Tennis is struggling this summer. Seeders gone.
There is certainly no inplay delay for the cross matcher, can be seen when it is turned off due to a late non runner in Racing.spreadbetting wrote: Still never been clarified as to whether Betfair skim these bets at source without any inplay delays applied too.
Spotless. BF was beloved because you were able to get prices better than elsewhere, so it was worth waiting. Since Beijing Olympics we have this shit turned on all the time. I agree, that it's worse than Premium Charge, it creates nothing. No value, kills liquidity, its boring to observe the markets with it on.spreadbetting wrote:In the old days plenty of people would be chasing those overrounds and not all would get them so as well as bringing the markets closer to that 100% on both sides they'd also have the effect of increasing liquidity by the simple fact money would be left up to balance books, sometimes at very advantagous prices for punters. These days it's pointless for any market makers to come along as XM will pretty much front run them at virtually no risk whatsoever.
I catched 500 pounds- draw football match @ 1.35 at Matchbook when it was 1.25 at betfair. Old betfair had those opportunities many more in old days.
Their exchange has potential for sure, I believe that they will be first to create real competition for BF. Matchbook have best price in whole industry.
We need a pure exchange, no seeding, no funny business, no corporate monster cocking about with the markets constantly. We just need a normal ECN type arrangement that has worked so well in financial markets. The opportunity is there if somebody wants to do a proper job.
Stop talking about it Peter, and just get on and bloody do it!Euler wrote:We need a pure exchange, no seeding, no funny business, no corporate monster cocking about with the markets constantly. We just need a normal ECN type arrangement that has worked so well in financial markets. The opportunity is there if somebody wants to do a proper job.
You know you want to
Not sure how much funding such a project would require but perhaps it could be done via http://www.kickstarter.com, the big backers could get certain benefits on the new exchange, or would any benefits defeat the whole purpose of trying to create a decentralized exchange?
It might be the right time for such a project with Augur also trying to take the world by storm.
It might be the right time for such a project with Augur also trying to take the world by storm.
www.jabet.com is a new commission free offering from the courtsider boss Jon Gale. Quite possibly because after Djsunset`s website he may not be so welcome on Betfair.
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spreadbetting
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Dean2 wrote:http://www.jabet.com is a new commission free offering from the courtsider boss Jon Gale. Quite possibly because after Djsunset`s website he may not be so welcome on Betfair.
Or more likely he'd much rather put his courtsiders to work on his site where he doesn't pay 60% to Betfair. Can't see anything on his site to say what delay he's adding to bets, pretty sure it'll be 0 for his courtsider/market makers though
