Tag: matched bets
The Betfair exchange in numbers
I started collecting data on Betfair from the very early days and have carefully archived masses of work that I’ve done in the market.
I hoard data, even if I have no need for it, as I can go back and look at or compare previous periods. This is helpful in sporting terms to understand how the markets behaved in the past, but also I’ll often go back to apply something I recently discovered and see if results are consistent …
The growth and growth of inplay
It seems difficult to imagine a time when it wasn’t ‘all about the in-play’ – but before Ray and Betfair there really wasn’t much concept of betting on an event after the official start time. How things have changed!
The start
Back when exchanges started, it was purely a replication of the traditional bookmaker regime. Similar sports and similar punting styles, but exchanges brought this new concept of betting while an even was underway.
In essence, some markets were ‘in-play’ …
Salisbury
Whenever I see Salisbury on the card it reminds me of a document that Betfair published many moons ago.
I saw Salisbury on the card today and the same bell rang in my head, but also a bit of alarm at the two and three runner races on the card! How poor is that? But back to the main topic.
Back in 2004 Betfair issued a document that actually clearly laid out what a market looked like. In the document …
The numbers behind Royal Ascot
And so here we are, another year, another Ascot. For me, another declined invitation to attend. While that pains me, in another couple of years it won’t be a problem. But for the moment, I’d still rather be on this side of the desk during one of the busiest weeks of the year.
Wall to wall, quality racing, from now till Saturday, I’m in trading heaven! Let’s see how it all adds up.
Last year Royal Ascot had matched bet …
Has the FA Cup lost its appeal?
Took some time out last Saturday to trade the FA CUP final pre-off. I was expecting a vibrant, lively market but ended up with the opposite and traded out for a small loss. The racing was yielding much more.
I was surprised at how little matched bet turnover there was. At the start of the FA CUP final there was matched bet volume of £3,533,632. On Tuesday night the same teams met again in the premier league and the matched …
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