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Showing content with the highest reputation since 05/27/19 in all areas

  1. 1 point
    Hello all When trading greyhound and tennis markets I noticed something curious - where there are big gaps, money was being matched on both sides of the book at the same time, in the middle of the gap - in this case at odds of 2.10 in a tennis match: My first thought was that someone's bot was self-matching (maybe to generate commission towards PC), but now I think this activity is Betfair's cross-matching bot. The activity always seems to be at opposing odds - 1.90 and 2.10, or 1.50 and 3.0 for example. What do you guys (and girls) think, and can we take advantage of this x-matching bot somehow? I've managed to close a position at better-than-available odds by placing my closing bet where I could see x-matching activity, but that's not really a strategy to take advantage of it...
  2. 1 point
    I agree with you guys. Cross matching benefits Betfair, but not so much the traders. Just out of curiosity, I threw some numbers at the ArbCruncher website, as I can see a very small advantage... Based on the photo I posted, the favourite has a best back price of 1.89, and the is only £13 available. If I lay at 1.89 and get matched (should be easy with only £13 in front of 1me), then lay the other player at 2.10 (where there is cross matching activity), I would make a small dutching/bookmaking profit of 0.53%. Hmm, I think there are easier ways to make pennies!
  3. 1 point
    Unfortunately I don't think cross-matching is something we can take advantage of. It is however important to build an awareness for how it works so that if you need to close your position etc. you can do so by giving away the least value. Generally just go with the larger spread. Geeks toy also has a special option for tennis hedging where it will take best price from the two runners but I'm unsure if that is still relevant or not. Those guys don't seem to update their software anymore.
  4. 1 point
    I have never thought about it this way. I thought it is just someone matching his own bet for some unknown reason or just to create point where there is atleast something matched in low liquid market like on greyhounds. Saw many of these, even over 150 matched when there is no more than 10 sitting all around. I thought someone wanted us traders to see where money are "being matched" and drag our stakes closer to it. I personally just look at the next action/move and do nothing until I see something familiar to me.
  5. 1 point
  6. 1 point
    yesterday favorite before the race starts was traded at 1.01
  7. 1 point
    Good idea Ronald. I did not know about transferring funds being possible. Thank you for that 🙂 For all of you guys checking my thread... I am having hard times since 28.5.2019 when something happened in my personal life and it is affecting everything in my life now massively. Because of that I am unable to trade and this thread is closed for me. I cannot say if I will continue posting again one day. If I will trade it will be very occasionally unless something changes in my life again. You all can reach me on wowapp, I will keep checking stuff discussed there. Thank you for your understanding
  8. 1 point
    If I were you I would use different banks for different sports. I know it doesn't matter too much if you keep records. Betfair have two extra wallets: exchange games and poker, in which you could transfer soccer funds. Soccer is much more riskier and should have its own bank and with that a strategy, risk management and so on. But that's is my opinion only.
  9. 1 point
    A very eventful day. After the sticky API in the afternoon came evening with many races / opportunities. Today is the last day of this month and for me was one of the best so far. Thanks to the trading Gods for keeping api intact. Managed to trade 54 markets. Record being on 11th of May with 55 markets. But the number of bets is the highest of the month. By the way there is a new cash race promotion going on. Will have to use some soccer markets to generate those points which almost doubled this time. Stratford 19:50 Race Video
  10. 1 point
    DAY 102 ( yesterday ) Markets traded: 2 football Profit: +£2,78 Bank: £64,72 Commentary: Pub trading. Possible easily and even easier with friend who possess high interest/knowledge about football on my side. First trade was done with £2 stake and second with £3. DAY 103 (today) Markets traded: 11 greyhounds Profit: +£2,44 Bank: £67,16 Commentary: As mentioned last time, I use double my original stake what is £6 to get these results. It looked like I had one -0,01 lossbut I can see it was narrowed down to 0 so no loss today with little luck on one trade.
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