Tag: betdaq
Impossible
It’s all Impossible
When I was young, I was constantly reminded how some things were just impossible and why I shouldn’t try. I had many dreams, but a difficult start in life meant they were very, very distant. I had no mentor, guide or path to follow so I didn’t know how to achieve the things I so dearly wanted. Life was going to be a whole lot of hard work!
I started to read up and understand how others …
Trading ‘Good-way’
No that’s not a typo! There are two meetings that should get your attention this week.
From a trading perspective, I like multi day high-quality meetings. They usually throw up some good opportunities and are a welcome addition to any month.
Goodwood
As you may know, these higher quality meetings produce extra volume and that can change the characteristics significantly. But don’t let Goodwood fool you into thinking it’s the same as a Royal Ascot or Cheltenham, it behaves very …
Be Prepared – Always Have a Back Up Plan
How many times have you had an open trade only for an unforeseen incident out of your control too suddenly occur resulting in you not being able to close your position and possibly leaving you staring at a hefty loss – especially if it’s an open lay position.
If this is something that your fortunate not to have experienced yet then it’s worth reading on if you want to keep it that way, for those unfortunate to have already been …
Volume is not liquidity
I was at a meeting last week and was at pains to point out the difference between volume and liquidity. I’ll save the detail for another post at some point in the future, but here is a simple view and some examples, using just £100 stakes.
If you come on any of the courses we run, I’m happy to talk you through the strategy. It’s simple easy and really effective at tournaments like Euro 2016.
Stuffed full of cash…
Betdaq up the ante
First off, get FREE fully featured Betdaq software at www.betdaqangel.com – Don’t worry if you don’t have a Betdaq account as you can get one when you first log in.
Volumes have been inching up on Betdaq’s horse racing markets for some time and they are encouraging even more activity with some new offers and a completely new commission system.
The firs thing that should catch your interest is that Betdaq are commission free at Ascot and Newmarket on Saturday. …
Betdaq and Irish racing
We have a confluence of opportunity today, but unusually, it will be pronounced on Betdaq.
To understand why we need to look at two factors. Prior to 2008 I wasn’t really active on Betdaq. I took an interest in 2008, but it was pretty quiet. However my hand was forced in 2011, so I started to set about doing something in earnest from that point. Volume, noticeably on horse racing has been rising steadily since then to the point where …
BETDAQ Royal Ascot promotion
BETDAQ is back with a key promotion at Royal Ascot, well timed if I say so myself!
As I’m sure you’re aware, next week is a huge one for traders with Royal Ascot and the US Open taking place. BETDAQ has traditionally performed well during the big meetings (see the image below), if not better nowadays than Betfair. So it’s an ideal opportunity to give it a try next week. I tend to trade on both exchanges during these key …
Best of a bad job
Well that was an interesting day. I knew it was going to be a case of doing the best I could in tricky circumstances. Despite being tired it all worked out roughly in the end. But it didn’t feel like a successful day!
First up, the run-away leader in the US Masters made this a particularly tricky Masters this year around. I wanted a record result, I desperately wanted to break a four figure sum but it looks like that …
Losses refunded – BETDAQ trading promotion
In line with the release of the new version of BetDAQ Angel, view the video here, BETDAQ would love you to give it a decent test drive. Therefore they are offering you a rebate on losses on your account while you give it a good thrashing. There has never been a better time to give trading on BETDAQ a try, especially now you can automate it using the new version of Bet Angel for BETDAQ.
Download a copy of …
BETDAQangel now includes automation
While you have been busy filling your face with chocolate over Easter the team here have been busy road testing the latest version of Bet Angel for BETDAQ. It is now ready for release!
The latest upgrade is on top of the all the recent upgrades we made to the previous version of Bet Angel for BETDAQ, which you can view here: –
https://www.youtube.com/watch?v=O7dihNSS2ng
This latest version now includes automation.
https://www.youtube.com/watch?v=ONYUUeS9osA
Using automation you really have little excuse for not …
Major upgrade for BETDAQangel
We are pleased to announce a new version of Bet Angel for Betdaq.
Bet Angel for Betdaq is completely free of charge, so there is no reason why you shouldn’t download and try a copy. If you don’t have a Betdaq account we can set one up for you when you install the software.
This is a major upgrade and brings with it many features that people have previously requested and brings Betdaq up in line with features that …
Using Bet Angel on the Ladbrokes exchange
With the launch of the new Ladbrokes exchange, we’ve had lots of people asking if we are going to produce Bet Angel for Ladbrokes?
But, in fact, we have already and it’s free. Basically BETDAQ Angel is already compatible with Ladbrokes because the Ladbrokes exchange is based on the Betdaq exchange model. All bets on the Ladbrokes exchange feed into Betdaq and vice versa.
So you can see how, we thought we would show you what happens on the Ladbrokes …
Ladbrokes WILL feed bets to Betdaq to boost liquidity
Discussion on the Ladbrokes exchange is the hot topic at the moment. How will it look, how will it work etc. etc?
Today we received official confirmation that Ladbrokes on-line clients, who are being teased with a ‘coming soon’ tab on their home page, will feed liquidity directly into BETDAQ. Visiting BETDAQ’s home page today saw them send a clear message on the benefits of the Ladbrokes integration to all users. I’ve reproduced the graphic for you on the blog.…
Ladbrokes ready exchange for launch
Activity picking up on Ladbrokes on what appears to be a launch, ahead of schedule, of the exchange that was touted at their results as I documented a little while ago.
A quick browse of the Ladbrokes website shows that the tab has already been added to the site ahead of the launch. So what do we expect to see?
Well, you may or not know, that Betdaq is actually intertwined with the ‘Global betting exchange’. The concept being …
Betdaq go commission free on football
Casually glancing through my Facebook page and up pops a post by Betdaq. Looks like their push to attract customers has extended itself from Racing into Football.
For some time now the first race of the day has been commission free and that has encouraged an increase in activity on the racing markets. Now football traders will get the chance to earn money without paying any commission.
Basically Betdaq will let you trade the the early kick off in the …
Ladbrokes exchange to launch early 2014
Ladbrokes interim results were out early this morning. A little lacklustre TBH after their recent restructuring. But the thing that catches the eye is: –
“In February we completed the acquisition of the Betdaq betting exchange and are making good progress in developing it as a standalone business. We are on track to introduce a Ladbrokes exchange product to run alongside our existing fixed odds sportsbook early in 2014, creating a more comprehensive and strategically differentiated sports betting offer for …
Betfair test new pricing models
Betfair announced their FY2013 post close trading update today and generally put a positive slant on things. True detail was hard to come by though.
The S word got a lot of mentions today but it was a confusing picture, for me at least. They showed big growth in the sportsbook customer base, but didn’t indicate whether it included the Blue Square stuff or not? So it’s difficult to know if that figure has any relevance. Also last year the …
Betdaq go commission free on the Grand National
Betdaq continued their act of throwing down the Gauntlet today, by making the bold move of offering the highest profile betting race of the year completely free of commission. That’s right you heard it here first, the Grand National will be offered at 0%!
I’ve always been an advocate for a competitive market and this sort of thing is a direct result of a more competitive market. This can only be benefical for exchange end users. Whatever your objection for …
The Betdaq Manifesto!
You heard it here first! Appearing in the Racing Post this morning is the following, view it in it’s full glory by clicking on this link.
Basically, Betdaq have come out and publicly made some pledges, the first since their acquisition by Ladbrokes. Some of the pledges are:-
- Commission will stay low
- NO premium charge
- More liquidity, events and markets
- Winners are welcome
- Incentives for new joiners
- First race of EVERY day free of charge
A really interesting pledge …
Ladbrokes complete Betdaq purchase
Haven’t they already I hear you say? No, that was an offer to buy, from there follows due diligence and various other bits and bobs.
Here is the offical announcement – https://otp.investis.com/clients/uk/ladbrokes/rns/regulatory-story.aspx?cid=262&newsid=324294
So from 1st March Betdaq officially became part of Ladbrokes. Let the fun and games commence!
Ladbrokes Betdaq play becomes clearer
I know it wouldn’t have been on many of your calendars, but when my iPhone made an annoying noise this morning it was to remind me that Ladbrokes results were out this morning.
I listen to, attend and read a lot of results. It’s a hobby of mine that pays well. But on this occasion I was more interested in what Ladbrokes would say about their acquisition of Betdaq. Not a great deal was the completely honest answer, but Ladbrokes …
Have your say on the future of BETDAQ
With all the fuss and conjecture about the Ladrokes takeover of Betdaq we are all eagerly awaiting a clear view on what path both will take in the future.
Yesterday Betdaq popped into our forum to solicit views from Bet Angel users.
To quote – “We are writing to you to invite you to engage with us as we begin to plan the transformation of the BETDAQ exchange after the completion of our acquisition by Ladbrokes.”
I’d encourage you to …
Ladbrokes buys Betdaq
Major, but not totally unexpected, news in the betting exchange world this morning.
I really felt that exchanges could change everything when I first started using them, but lately it almost felt like they were regressing to a standard betting model! I am hopeful that this news will breath new life into the betting exchange concept and allow things to start moving forward again in a more positive manner than we have been used to in recent years. While we …
Ladbrokes confirm talks with Betdaq
In a brief statement issued today Ladbrokes confirmed the long runner rumours that have been around for some time, that they ARE in talks to acquire Betdaq.
The short statement said: –
“The Board notes repeated press speculation regarding Betdaq. Ladbrokes enjoys a close commercial cooperation with Betdaq and can confirm discussions regarding a potential future acquisition.
Negotiations are ongoing though at this stage there is no certainty that an agreement will be reached.
Any further announcement will be made …
Royal Ascot so far
A blockbuster start to day one with Frankel opening proceedings and promptly romping home by an astonishing distance.
Matched bet turnover was up on last year, but that’s no surprise on the basis of Frankel’s very short price. Overall pre-off volumes are ahead of last year, £35.3m has been matched on the races of the first two days. Curiously in-running matched bet volumes are down £3m on last year.
Tuesday is the day when I try and work out what …
The Derby on BETDAQ
Last year I consciously decided to allocate a lot more of my time to learning and understanding how the markets on Betdaq work in great depth. No guess for what prompted this! In the past I’d tended to cherry pick markets as it was easy to find markets that were more suitable for my style, but I felt I really should make the effort to work harder on ALL markets.
A year on and I’m active on pretty much all …
Great start at Aintree meeting
Well that went well.
No matter how experienced you are you can never be sure exactly sure what lies ahead each day. You will always be at the mercy of the market. So it’s nice when you find yourself on the right side of that. It’s a bit of a confidence boost for the weekend. The best result of the day we saw on Betfair, came on the first. The best on Betdaq on the last. But both were useful …
A question of scale (part two)
In part one we talked about how scale could be an issue in the markets, but how?
If you are betting there is a maximum amount of money that you can bet ‘at value’. Obviously there is little point in betting outside of value, so by default that means it’s impossible to fulfill an unlimited amount at value. It’s also impossible to take all the money on offer and get value, so you realise quickly that there is only a …
My curious liquidity poll
I recently asked on the bl0g poll, top right of the blog in case you hadn’t noticed, about what constitutes ‘good’ liquidity in a market. I think there are quite a few considerations you could take account of when assessing what ‘good’ liquidity is. But it was sparked by another poll which asked ‘What would make you move to Betdaq’. The answer came back ‘better liquidity’.
We are all aware of the chicken and egg syndrome that exists in the …
Betdaq API problems
Just sending this out in case anybody has any automated spreadsheets running on Betdaq Angel today.
The Beqdaq API has a problem this afternoon and things are not working as they should be. Please double check any thing you have running.
We altered Betdaq to the issue quickly and they are onto it.
[EDIT : Betdaq now have a fix for the issue and will be deploying it after today’s racing]
If you want to become aware of these sorts …
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