Tag: betting exchanges
The futility of legislation in the Internet age
Betfair recently decided (most likely strategically) to exit the Canada market. This is a downer for North American sports and despite online sports betting being banned in the US, as I have discovered on previous trips there, liquidity is alive and well. I wonder where that could be coming from? I’m half expecting a review from Betfair to announce a Sportbooks will be launched there in the near future 😉
No sooner had Betfair announced the exit, than username change …
Help me, help you
Over the last 15 years I’ve researched roughly a million markets, traded somewhere approaching 175,000 and recorded thousands of videos. I often record myself trading so I can look back and understand how I could do better, I’d recommend it!
The problem
It would be nice to publish a lot of those videos, unfortunately I don’t tend to have the time to do that. We keep a small team here and there are only 24 hours in a day! That’s …
Bet Angel for Betdaq
Somebody emailed me yesterday asking when we will be upgrading the Betdaq version of Betdaq. For those that were not aware, we did this in July; hence this post this morning!
Bet Angel for Betdaq is available free of charge and we were the first vendors to release a Betdaq version of our product way back in 2008. The upgrade in July was the first major upgrade we have done in a while. There are still some differences between products, …
Look, no hands…
One upshot of Betfair’s recently decision to increase their rake from more successful users like myself is that I have revisited my love of interacting on the exchanges with spreadsheets.
I have taken some time out from ‘normal’ trading to work on spreadsheets a bit more. This is to see if I can create something that works fully automatically for me where the payoff will now be particularly high as it takes none of my time to execute. When something …
Betfair – Cross matching
Cross matching has slowly been implemented across many sports markets on Betfair and earlier this year on the big one, horse racing.
There are still some odd things with cross matching. Prices for the API and for the Betfair web site are different. This is because cross matching is not exposed via the API. We put the cross matching algorithm into Bet Angel, but quite a large number of API applications still show the ‘wrong’ prices. Betfair also never tell …
Betdaq boost
Yesterday saw a fairly big boost on trading volume on the horse racing markets on Betdaq, which was more or less running at double last weeks numbers on average. It’s too early to say if this is a sustained increase or just a blip, but it’s encouraging.
I’m not going to tell you to use one exchange or the other or both, that’s your decision, not mine. Everybody is at different stages of their trading. But there are obvious benefits …
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