Tag Archives: bet matching logic

BetFair apologize to their event derivative traders.

Posted on October 22, 2008 by Chris F. Masse

BetFair: Betfair Customer Services 17 Oct 14:59 The directors of Betfair would like to express their regret for not notifying customers in advance of the introduction of a new technical process called “cross matching” in February of this year. Cross … Continue reading →

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BetFair and TradeFair’s trading engines

Posted on September 10, 2008 by Chris F. Masse

by Mat Youill If you are reading this item from within a feed reader, and you don’t see the embedded slides just below, do download this post. Matt Youill Betfair View SlideShare presentation or Upload your own. (tags: qconlondon2008 qcon)

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Excerpts of the BetFair’s answers to their traders’ questions

Posted on July 23, 2008 by Chris F. Masse

About the new bet-matching logic: It’s not clear why you believe that the majority of those customers who use Betfair’s forum are unhappy about the introduction of the improved matching logic. The sport this will most significantly benefit is football … Continue reading →

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BetFair traders are getting ready for the BOOM.

Posted on July 23, 2008 by Chris F. Masse

BetFair: [...] we’ll be enabling the new matching process on soccer match odds markets, tennis match odds markets and greyhound win markets taking place on the UK exchange shortly. – Previously: BetFair’s new bet-matching logic…. (endorsed by Giberson International Incorporated). … Continue reading →

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How BetFair stole Bastille Day from the French —and how Ed Murray became BetFair’s best friend (NOT A HOAX).

Posted on July 15, 2008 by Chris F. Masse

- Michael Giberson (professor of economics and chairman of our scientific advisory board): Actually, I would expect the change to improve liquidity, but the real surprise for Ed Murray is that other than his liquidity argument, I pretty much agree … Continue reading →

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Is the BetFair’s brand-new bet-matching logic (which matches bets across related selections) the first time a prediction exchange manages to increase liquidity WITHOUT augmenting the number of traders or relying on an automated market maker?

Posted on July 14, 2008 by Chris F. Masse

Professor Giberson, What do you make of that? -

Posted in Analysis (Meta), Exchange & Market Designs, Exchanges & Markets, Market Liquidity, Mechanism Designs | Tagged , , , , , , , , , , | 5 Comments

In a blow to the French, BetFair choose Bastille Day to premiere the revised version of the bet-matching logic of their prediction markets. — IMPROVEMENT MEANS BETTER LIQUIDITY FOR THEIR EVENT DERIVATIVE TRADERS.

Posted on July 14, 2008 by Chris F. Masse

- BetFair: Improvements to Betfair’s bet matching logic today, Monday 14th July: What’s changing? We’ve improved the code that matches bets. As well as matching backs against lays as we’ve always done, we’ll also try to match your bet against … Continue reading →

Posted in All Best Posts Ever, Exchange & Market Designs, Exchanges & Markets, Explainers, Market Liquidity, Mechanism Designs | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 3 Comments

BetFair’s brand-new bet matching logic

Posted on June 9, 2008 by Chris F. Masse

BetFair: Betfair Customer Services 06 Jun 15:55 We held a forum Q&A session in March in which we announced that we were working on an improved version of bet matching. This would allow us to match bets across selections, and … Continue reading →

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Can we still trust Betfair? Should we trust Betfair? Or indeed, any betting exchange?

Posted on April 20, 2008 by Chris F. Masse

… asks Punt.com. -

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BetFair’s future bet-matching logic

Posted on April 17, 2008 by Chris F. Masse

- SALIENT VIRILITY REGAINED, BRITISH HONOR RESTORED, QUEEN ESCAPES AFFRONT: Astute and resourceful BetFair SEO expert has managed to put one of their sub-sites ahead of Midas Oracle in Google Web Search results. [Nick Garner] – - BetFair’s future bet-matching … Continue reading →

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