Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: Betfair director

Because the BetFair trading engine handles a huge number of small bets, they had to lower its cost per transaction.

Matt Carter (Director of the Advanced Technology Group at BetFair), interviewed by Silicon:
Matt Carter, Betfair director of architecture and advanced technology, explained to silicon.com customer trends are moving towards a high volume of small-value bets, which, in turn, produce small-value commissions. He said the only solution was to develop a system that could process exponentially [...]

Search

Post Categories