Tag Archives: BetFair Starting Prices

BetFair has been ordered to drop starting price ad. — Misleading BetFair ads are now banned in the UK.

Posted on September 2, 2009 by Chris F. Masse

BetFair has been ordered to drop starting price ad. Misleading BetFair ads are now banned in the UK. The UK’s advertising watchdog has ruled against a promotional campaign run by betting exchange Betfair after the company failed to qualify its … Continue reading →

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Betfair slammed for misleading ad

Posted on August 12, 2009 by Niall O'Connor

A little know pressure group calling itself Straight Statistics, challenged whether a claim made by Betfair, that the returns available to gamblers taking Betfair’s own Starting Price (BSP) were on average 40% better than those available to gamblers taking the … Continue reading →

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Directory listing of BetFair price files

Posted on February 17, 2009 by Chris F. Masse

Directory listing of BetFair price files

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How BetFair did treat its customers on the day that the BetFair Starting Price system crashed down

Posted on May 12, 2008 by Guest Author

BetFair did pay the backers at better prices than the reconciliation threw out. The UK’s Grand National is the one race in the year where non-regular bettors bet, and BetFair couldn’t give them a poor experience. The cost was borne … Continue reading →

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The hard questions that BetFair’s Mark Davies ducked

Posted on April 14, 2008 by Chris F. Masse

A BetFair trader called Pablo (no deep link): It simply beggars belief that people can have had matched bets removed from their account when nothing has gone wrong. Will there be a new department to judge the fairness of the … 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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BetFair Starting Price = Simplified Trading —just like MSR is, but without an AMM.

Posted on February 2, 2008 by Chris F. Masse

My challenge to Robin Hanson and Justin Wolfers: Blog about the BetFair Starting Price. Take my sub-title as a follow-up (in good spirit) on Robin Hanson’s comment, here. I’ll go first —after acknowledging Steve High, the inventor of the BetFair … Continue reading →

Posted in All Best Posts Ever, Analysis (Industry), Betting, Exchange & Market Designs, Exchanges & Markets, Internet Marketing - Internet Commerce, Market Trading, Mechanism Designs | Tagged , , , , , , , , , , , , , , , | 1 Comment

BetFair SP = BetFair Starting Price

Posted on February 1, 2008 by Chris F. Masse

What is SP betting? SP is an abbreviation for ‘Starting Price’ and until now has been more widely associated with traditional bookmaking. The method by which SPs are set for each runner varies in different countries. Traditionally in the UK … Continue reading →

Posted in All Best Posts Ever, Betting, Exchange & Market Designs, Exchange Genesis, Exchanges & Markets, Explainers, Market Trading, Mechanism Designs | Tagged , , , , , , , , , , , , , | 2 Comments

Bumpy Road for the BetFair Starting Prices

Posted on December 21, 2007 by Chris F. Masse

#1. The introduction of the BetFair Starting Prices has slowed the performance of the trading interface. #2. Many traders (the short sellers) are unhappy with one option (the automatic canceling of “all lay keep bets”) that the BetFair SP team … Continue reading →

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Meet BetFair’s Steve High.

Posted on December 13, 2007 by Chris F. Masse

Steve High (BetFair Product Manager – Starting Prices)

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