Tag Archives: BetFair multiples

Tiny API delay for non-UK customers of BetFair —since all international BetFair bettors, traders and gamblers are now served from Malta, not from London.

Posted on June 20, 2008 by Chris F. Masse

- BetFair Games, BetFair Poker, BetFair Casino, BetFair Multiples, and all non-UK BetFair customers (including those trading on BetFair’s prediction exchange), are under the radar of Malta’s Lotteries and Gaming Authority. (As you all know, Malta is a state that … Continue reading →

Posted in Exchanges & Markets, Regulations, Software | Tagged , , , , , , , , , , , , , , | 10 Comments

Do BetFair understand the “statistical concept of expectation”?

Posted on April 8, 2008 by Chris F. Masse

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 →

Posted in Betting, Exchanges & Markets | Tagged , , , , , , | 1 Comment

BetFair’s new bet-matching logic + BetFair Malta’s trading on the multiples

Posted on March 19, 2008 by Chris F. Masse

BetFair: Bet Matching Forum Q&A Session 19/03/08 Betfair Customer Services 17 Mar 11:50 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 … Continue reading →

Posted in All Best Posts Ever, Exchange & Market Designs, Exchanges & Markets, Market Makers (Automated), Market Makers (Human), Market Trading, Mechanism Designs | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 5 Comments

BetFair Malta’s combo market maker (trading algorithm + human market makers) operating on the multiples

Posted on March 19, 2008 by Chris F. Masse

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 , , , , , , , , , , , , , , , , , , , | 12 Comments

One un-hired job candidate and one HammerSmith employee tell all about BetFair Malta’s combo market maker (trading algorithm + human market makers) operating on the multiples.

Posted on March 18, 2008 by Chris F. Masse

Graham “Sharp” Minds, in a comment on Midas Oracle: I am one of the people who Ed Murray has referred to in this blog. I was interviewed at Hammersmith by Betfair during the summer. For the time being I am … Continue reading →

Posted in Ethics, Exchanges & Markets, Market Makers (Automated), Market Makers (Human), Market Trading, Mechanism Designs | Tagged , , , , , , , , , , , , , , , , , , , | 10 Comments

With the multiples, BetFair takes the role of a bookmaker.

Posted on March 17, 2008 by Chris F. Masse

BetFair Help: What is multiples betting? Betfair offers multiples betting, also known as accumulator betting. You can combine a number of selections from different markets into one bet. Betfair allows multiples of between two and eight legs. A leg is … Continue reading →

Posted in All Best Posts Ever, Betting, Exchanges & Markets, Market Makers (Human), Market Trading, Mechanism Designs | Tagged , , , , , , , , , , , | 1 Comment

BetFair Multiples

Posted on January 20, 2007 by Chris F. Masse

BetFair Help: What is multiples betting? Betfair offers multiples betting, also known as accumulator betting. You can combine a number of selections from different markets into one bet. Betfair allows multiples of between two and eight legs. A leg is … Continue reading →

Posted in All Best Posts Ever, Betting, Exchanges & Markets, Explainers, Market Makers (Automated), Market Makers (Human), Market Trading, Mechanism Designs | Tagged , , , , , , , , , , , , , | 5 Comments