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Tag Archives: BetFair Malta
“Malta Lotteries And Gaming Authority: a governmental regulatory body which is worthless and ineffectual.”
… says that guy. I’m surprised and disappointed. -
Is Malta’s Lotteries and Gaming Authority a serious governmental body?
Yes. I did a quick research, and here are 2 points I got: The European Union’s Commissioner for Internal Market and Services, Charlie McCreevy, praised Malta’s Lotteries and Gaming Authority for their professionalism. Malta’s Lotteries and Gaming Authority are working … Continue reading
Posted in Ethics, Exchanges & Markets, Regulations
Tagged API, BetFair, BetFair Malta, Charlie McCreevy, Commissioner, European Union, Internal Market, laws, London, Lotteries and Gaming Authority, Malta, Malta Lotteries And Gaming Authority, Malta's Lotteries and Gaming Authority, prediction markets, Regulations, United Kingdom
9 Comments
BetFair Malta and Jadestone output yet another simplistic prediction game: TaiKai.
BetFair TaiKai
Posted in Betting, Forecasting (Science & Practice)
Tagged BetFair, BetFair Malta, Jadestone, prediction markets, TaiKai
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BetFair Malta outputs a simplistic prediction game (about the 2008 European soccer tournament). I’m not impressed at all.
- Simplistic enough. Sounds more like a promotion trick than a real game. The Sporting Exchange has outsourced the development of this game (and others) to a Swedish team. The Swedish people won a “multi-year” contract. I don’t understand which … Continue reading
If you’re a UK-based trader with BetFair, your ass is covered by the highly regarded Gambling Commission. — If you’re a non-UK-based trader with BetFair, well, try your luck with Malta’s Lotteries and Gaming Authority.
BetFair: Change to Terms and Conditions for non-UK Betfair customers Betfair Customer Services 01 May 11:20 For operational and commercial reasons, Betfair is restructuring its international business. If you are a Betfair customer with a UK-registered address, this change will … Continue reading
Posted in Exchanges & Markets, Regulations
Tagged BetFair, Betfair International, BetFair Malta, Gambling Commission, laws, London, Lotteries and Gaming Authority, Malta, Malta Lotteries And Gaming Authority, Malta's Lotteries and Gaming Authority, non-UK-based trader, prediction markets, Regulations, UK Gambling Commission, UK's Gambling Commission, UK-based trader, United Kingdom
1 Comment
Do BetFair understand the “statistical concept of expectation”?
Graham “Sharp” Minds: [...] When I was interviewed by BetFair and they explained to me all of the problems with the multiples operation, most importantly the fact that it is a loss making despite the huge overrounds, I was asked … Continue reading
BetFair is as innocent as a lamb… but their P.R. people can’t tell you that at this time. Here’s why.
- Dear Midas Oracle readers, Besides the facts about BetFair Malta’s combo market maker operating on the multiples (which Midas Oracle informed you about back in January 2007), you may have heard the rumor that BetFair UK (in HammerSmith, London) … Continue reading
Posted in Analysis (Industry), Ethics, Exchanges & Markets, Prediction Journalism
Tagged Benjamin Franklin, BetFair, BetFair Malta, betting exchange, combo market maker, Editor, event derivative markets, event derivatives, freedom of speech, human market makers, Internet marketing
approach, London, multiples, Open Media, prediction exchange, prediction markets, rumors, site leads, United Kingdom, Voltaire, web forum, web forums
20 Comments
BetFair Malta’s combo market maker (trading algorithm + human market makers) operating on the multiples
Tony Clare of BetFair (The Sporting Exchange) to me: Dear Mr. Masse, Thank you for the questions you submitted to tonight’s Q&A session. The session is intended specifically to address questions from Betfair customers. We therefore don’t feel it would … Continue reading
Posted in All Best Posts Ever, Exchanges & Markets, Market Makers (Automated), Market Makers (Human), Market Trading, Mechanism Designs
Tagged bet matching, bet matching logic, BetFair, BetFair Malta, BetFair multiples, chairman, combo market maker, human market makers, job candidate, Malta, market designs, Market Trading, Masse, Midas Oracle Advisory Board, multiples betting, multiples product, prediction markets, telephone brokers, Tony Clare, traders
12 Comments
Is the BetFair marketing message a big lie?
Rab Bibater’s comment on Midas Oracle: [...] BetFair needs to nip the current round of noise in the bud once and for all. It needs to clarify its own advertisements, in which it states that “Because you are betting against … Continue reading