Tag Archives: Betfair Customer Services

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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The BetFair Starting Price is such a phenomenal success that their MSR-like system melted down under pressure last Saturday, April 5th, 2008, for the British equivalent of the Kentucky Derby —the Grand National at Liverpool.

Posted on April 8, 2008 by Chris F. Masse

- BetFair: Settlement of Grand National win market Betfair Customer Services 05 Apr 18:35 The reconciliation of the Betfair SP for the Grand National win market resulted in prices which we believe were significantly unfair for backers of some horses, … Continue reading →

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The secrecy-seeking Mark Davies is solely to blame for all this mess… but this vibrating BetFair spin doctor has managed to repair the PR damages quite brillantly, it shall be said.

Posted on March 19, 2008 by Chris F. Masse

BetFair: – Betfair Customer Services 19 Mar 18:21 Dear BetFair, I hope you will answer the following: Q. Why did you feel it unnecessary to inform your vast customer base of the changes to the bet matching algorithm in advance … Continue reading →

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A Betting Exchange = A Bookmaker —> !??

Posted on March 19, 2008 by Chris F. Masse

BetFair: – Betfair Customer Services 19 Mar 18:27 Dear BetFair, I hope you will answer the following: Under current UK regulations you are not required by law to inform your customer base of changes in advance, but under FSA regulations … Continue reading →

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BetFair withdraws / improves its brand-new matching-bet logic, which was (kind of) endorsed by the Chairman of the Midas Oracle Advisory Board.

Posted on March 19, 2008 by Chris F. Masse

Via Dave, BetFair: Changes to Betfair’s bet matching logic – update Betfair Customer Services 19 Mar 10:47 We’ve been trialling a new process for matching customer bets recently which has prompted considerable debate among some of our customers. Some of … Continue reading →

Posted in All Best Posts Ever, Exchange & Market Designs, Exchanges & Markets, Market Trading, Mechanism Designs | Tagged , , , , , , , , , , | 10 Comments

BetFair will answer some of Ed Murray’s questions on Wednesday evening, March 19, 2008, between 6pm and 7pm (UK Time).

Posted on March 17, 2008 by Chris F. Masse

BetFair: Forum Q&A Session Betfair Customer Services 17 Mar 11:21 As announced last week we’ll be hosting a Q&A session on the forum this Wednesday evening (19th March) between 6pm and 7pm (UK Time). The purpose of this Q&A session … Continue reading →

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BetFair changes the logic of its bet matching.

Posted on March 13, 2008 by Chris F. Masse

Starting Prices aside, trading at BetFair becomes a little more complicated. – BetFair: Changes to Betfair’s bet matching logic Betfair Customer Services 11 Mar 17:32 Betfair is trialling an improved bet matching process. This work is ongoing and will affect … Continue reading →

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

InTrade should disclose what market-making automatism they are using to liquify the WSJ and FT play-money prediction markets.

Posted on March 10, 2008 by Chris F. Masse

- BetFair: Betfair Robot on Exchange Games Betfair Customer Services 13 Dec 16:51 From December 2007 Betfair has started employing its own software or “robots” to provide liquidity into the exchange games markets. It has been evident for some time … Continue reading →

Posted in Ethics, Gambling, Market Makers (Automated) | Tagged , , | 5 Comments

Changes to TradeFair prediction markets

Posted on February 28, 2008 by Chris F. Masse

- BetFair: Betfair Customer Services 06 Feb 13:46 1. Menu changes: As of Wednesday 13th February, new 20-minute FTSE markets being added to the Tradefair portfolio. Changes menu will be as follows: Indices ~ FTSE100 ~ Period: 09:00-10:00 ~ 13th … Continue reading →

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One thing John Delaney and his Irish employees at InTrade-TradeSports can learn from the BetFair-TradeFair folks at HammerSmith.

Posted on January 19, 2008 by Chris F. Masse

POLITENESS. Tomorrow’s overnight cards Betfair Customer Services 18 Jan 19:14 Please be aware that all our overnight cards for Saturday’s racing are currently suspended while we investigate a potential technical issue. Please accept our apologies for the inconvenience this will … Continue reading →

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