<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	>
<channel>
	<title>Comments on: Why do BetFair Games (regulated in Malta, E.U.) have a timer on games?</title>
	<atom:link href="http://www.midasoracle.org/2008/06/18/betfair-games-malta-timer-on-games/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.midasoracle.org/2008/06/18/betfair-games-malta-timer-on-games/</link>
	<description>Prediction Markets For All</description>
	<pubDate>Fri, 21 Nov 2008 17:55:05 +0000</pubDate>
	<generator>http://wordpress.org/?v=2.6.3</generator>
		<item>
		<title>By: Adonis</title>
		<link>http://www.midasoracle.org/2008/06/18/betfair-games-malta-timer-on-games/#comment-19302</link>
		<dc:creator>Adonis</dc:creator>
		<pubDate>Thu, 19 Jun 2008 18:26:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.midasoracle.org/?p=7277#comment-19302</guid>
		<description>I agree with the first paragraph Medemi. Probably with the rest too, but it's a bit deep for me!

IMO, the &lt;strong&gt;T&lt;/strong&gt;ime to stop the clock and freeze out a punter (who &lt;strong&gt;&lt;em&gt;elects&lt;/em&gt;&lt;/strong&gt; to be so reminded; not one who has had this imposed upon him, "like it or not") is at any &lt;strong&gt;T&lt;/strong&gt;ime when he has NO outstanding liabilities. 
In that case, no financial penalty can ensue whilst the Client fulfils &lt;em&gt;whatever &lt;/em&gt;checks the exchange/regulator wish to be thrust at him.
Example?: just after a Result is declared but BEFORE he can bet on the next Event. Have a 5-second "dead zone" where no-one ( Client or even Exchange!) can submit bet offers. This gives &lt;strong&gt;T&lt;/strong&gt;ime for an orderly "throw the freeze switch" command to all who have elected, and are due, to be frozen.
&lt;strong&gt;THIS IS NOT ROCKET SCIENCE!!!!!&lt;/strong&gt;

In the case of Betfair Games, &lt;em&gt;&lt;strong&gt;all&lt;/strong&gt;&lt;/em&gt; betting may be considered "in running", and &lt;em&gt;&lt;strong&gt;extra&lt;/strong&gt;&lt;/em&gt; protection should be given, not &lt;em&gt;&lt;strong&gt;less&lt;/strong&gt;&lt;/em&gt;!
I get really annoyed when such obvious openings for the unscrupulous are, IMO, &lt;em&gt;&lt;strong&gt;created&lt;/strong&gt;&lt;/em&gt; for them! By the very people who are supposed to be protecting the vulnerable/ignorant/addicted.
Perhaps more worrying still is the fact that those few of us who KEEP referring to &lt;strong&gt;T&lt;/strong&gt;imeliness as a crucial, critical component of improved Betting Integrity are, IMHO, generally ignored, isolated, censored and kept well away from most available platforms and forums, for discussion and debate thereof.
We are indeed grateful that Chris, here, isn't afraid to let us continue. If we abide by his simple Rules.
This is thus ONE PLACE where we CAN express opinion, publish fact and debate our feelings about those things.
Thanks yet again Chris.
Adonis</description>
		<content:encoded><![CDATA[<p>I agree with the first paragraph Medemi. Probably with the rest too, but it&#8217;s a bit deep for me!</p>
<p>IMO, the <strong>T</strong>ime to stop the clock and freeze out a punter (who <strong><em>elects</em></strong> to be so reminded; not one who has had this imposed upon him, &#8220;like it or not&#8221;) is at any <strong>T</strong>ime when he has NO outstanding liabilities.<br />
In that case, no financial penalty can ensue whilst the Client fulfils <em>whatever </em>checks the exchange/regulator wish to be thrust at him.<br />
Example?: just after a Result is declared but BEFORE he can bet on the next Event. Have a 5-second &#8220;dead zone&#8221; where no-one ( Client or even Exchange!) can submit bet offers. This gives <strong>T</strong>ime for an orderly &#8220;throw the freeze switch&#8221; command to all who have elected, and are due, to be frozen.<br />
<strong>THIS IS NOT ROCKET SCIENCE!!!!!</strong></p>
<p>In the case of Betfair Games, <em><strong>all</strong></em> betting may be considered &#8220;in running&#8221;, and <em><strong>extra</strong></em> protection should be given, not <em><strong>less</strong></em>!<br />
I get really annoyed when such obvious openings for the unscrupulous are, IMO, <em><strong>created</strong></em> for them! By the very people who are supposed to be protecting the vulnerable/ignorant/addicted.<br />
Perhaps more worrying still is the fact that those few of us who KEEP referring to <strong>T</strong>imeliness as a crucial, critical component of improved Betting Integrity are, IMHO, generally ignored, isolated, censored and kept well away from most available platforms and forums, for discussion and debate thereof.<br />
We are indeed grateful that Chris, here, isn&#8217;t afraid to let us continue. If we abide by his simple Rules.<br />
This is thus ONE PLACE where we CAN express opinion, publish fact and debate our feelings about those things.<br />
Thanks yet again Chris.<br />
Adonis</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Medemi</title>
		<link>http://www.midasoracle.org/2008/06/18/betfair-games-malta-timer-on-games/#comment-19289</link>
		<dc:creator>Medemi</dc:creator>
		<pubDate>Wed, 18 Jun 2008 23:46:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.midasoracle.org/?p=7277#comment-19289</guid>
		<description>I think what you will find is that the way this session timer was intended, and the way it was implemented, are somewhat different. Those of us who have been around shouldn't be surprised.
It's like... with the French and Romanian soccer teams. They haven't got a clue what's missing or what they're doing wrong. Same thing with betfair. You could easily submerge England's long forgotten soccer team into this pool of ignorance as well. I wouldn't go as far as saying that what we're witnessing is probably a reflection of society, if such a thing even exists!!! , but nevertheless an interesting thought. And, as a reminder, only those who have that magic feeling or those who have the ability to empathize, could possibly know.
Life itself is the ultimate form of justice, more often than we realize.</description>
		<content:encoded><![CDATA[<p>I think what you will find is that the way this session timer was intended, and the way it was implemented, are somewhat different. Those of us who have been around shouldn&#8217;t be surprised.<br />
It&#8217;s like&#8230; with the French and Romanian soccer teams. They haven&#8217;t got a clue what&#8217;s missing or what they&#8217;re doing wrong. Same thing with betfair. You could easily submerge England&#8217;s long forgotten soccer team into this pool of ignorance as well. I wouldn&#8217;t go as far as saying that what we&#8217;re witnessing is probably a reflection of society, if such a thing even exists!!! , but nevertheless an interesting thought. And, as a reminder, only those who have that magic feeling or those who have the ability to empathize, could possibly know.<br />
Life itself is the ultimate form of justice, more often than we realize.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Adonis</title>
		<link>http://www.midasoracle.org/2008/06/18/betfair-games-malta-timer-on-games/#comment-19286</link>
		<dc:creator>Adonis</dc:creator>
		<pubDate>Wed, 18 Jun 2008 18:44:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.midasoracle.org/?p=7277#comment-19286</guid>
		<description>Firstly, please provide a reference source for your statement that the Maltese Regulator edicted this. ( It's not what Betfair told me when I telephoned them about this imposition.) 
Note that this is &lt;em&gt;&lt;strong&gt;not&lt;/strong&gt;&lt;/em&gt; an inferrence against your truthfullness, merely a request so that your source may be quoted &lt;em&gt;TO THE UK GAMBLING COMMISSION&lt;/em&gt; as a  factual statement regarding Maltese Regulator policy which can thus, IMO, reduce the achievable level of Betting Integrity to &lt;em&gt;&lt;strong&gt;British&lt;/strong&gt;&lt;/em&gt; punters.
Subject to confirmation that we have to thank the Maltese Regulator for this imposition, I'll express my opinion which is that they seem &lt;strong&gt;disconnected &lt;/strong&gt;with at least one basic tenet of Betting Integrity:- &lt;strong&gt;T&lt;/strong&gt;imeliness.

&lt;em&gt;&lt;/em&gt;If the "clock" is stopped - except in the case of it being stopped for &lt;em&gt;&lt;strong&gt;all &lt;/strong&gt;&lt;/em&gt;parties, including the Exchange operator - then those "frozen out" are left vulnerable. 
In the example you give, the punter who is excluded from betting ( for how long is actually immaterial!) until he acknowledges a reminder and accepts etc etc., can have all and any unattended liabilities plundered by the unscrupulous.
Can't happen? Won't happen?
1. Pick a betting exchange.
2. Ask them if they have EVER taken money out of the account of a so-called "clock beater" and given it BACK to their victims.

Clock-beating is a figment of the imagination of irate, losing, punters?
Right.........

Do the logic.
Test the opportunities.
Read the conclusions made by even the most vociferous detractors, originally.

Stop-the-clock = degenerate Betting Integrity.

Maybe if it's a &lt;em&gt;&lt;strong&gt;Regulator&lt;/strong&gt;&lt;/em&gt; who asks the Exchange to stop-the-clock, &lt;em&gt;&lt;strong&gt;it's OK then&lt;/strong&gt;&lt;/em&gt;?
There's money, they say, in comedy.....

Adonis.</description>
		<content:encoded><![CDATA[<p>Firstly, please provide a reference source for your statement that the Maltese Regulator edicted this. ( It&#8217;s not what Betfair told me when I telephoned them about this imposition.)<br />
Note that this is <em><strong>not</strong></em> an inferrence against your truthfullness, merely a request so that your source may be quoted <em>TO THE UK GAMBLING COMMISSION</em> as a  factual statement regarding Maltese Regulator policy which can thus, IMO, reduce the achievable level of Betting Integrity to <em><strong>British</strong></em> punters.<br />
Subject to confirmation that we have to thank the Maltese Regulator for this imposition, I&#8217;ll express my opinion which is that they seem <strong>disconnected </strong>with at least one basic tenet of Betting Integrity:- <strong>T</strong>imeliness.</p>
<p><em></em>If the &#8220;clock&#8221; is stopped - except in the case of it being stopped for <em><strong>all </strong></em>parties, including the Exchange operator - then those &#8220;frozen out&#8221; are left vulnerable.<br />
In the example you give, the punter who is excluded from betting ( for how long is actually immaterial!) until he acknowledges a reminder and accepts etc etc., can have all and any unattended liabilities plundered by the unscrupulous.<br />
Can&#8217;t happen? Won&#8217;t happen?<br />
1. Pick a betting exchange.<br />
2. Ask them if they have EVER taken money out of the account of a so-called &#8220;clock beater&#8221; and given it BACK to their victims.</p>
<p>Clock-beating is a figment of the imagination of irate, losing, punters?<br />
Right&#8230;&#8230;&#8230;</p>
<p>Do the logic.<br />
Test the opportunities.<br />
Read the conclusions made by even the most vociferous detractors, originally.</p>
<p>Stop-the-clock = degenerate Betting Integrity.</p>
<p>Maybe if it&#8217;s a <em><strong>Regulator</strong></em> who asks the Exchange to stop-the-clock, <em><strong>it&#8217;s OK then</strong></em>?<br />
There&#8217;s money, they say, in comedy&#8230;..</p>
<p>Adonis.</p>
]]></content:encoded>
	</item>
</channel>
</rss>
