Tag Archives: integrity

Is Big Brother being fixed in Great Britain? And are the alleged fixers using BetFair to make a fast buck (or “quid”, as they say in the U.K.)?

Via Ed, The Daily Mail: The Daily Star reveals that some punters are set to earn more than half a million pounds after a total bet of £971 was staked via BetFair on Nikki to win at 1000-1 shortly after … Continue reading

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How BetFair markets are settled in the situation where their integrity team are unhappy about some aspect of the betting on that event

If suspicious betting is detected then the winnings of the specific accounts in question are frozen until such time as BetFair have had the chance to investigate and determine one way or the other. That has no effect on BetFair’s … Continue reading

Posted in All Guest Authors's Posts, Ethics, Exchanges & Markets, Explainers, Market Expiry | Tagged , , , , , , , , , | 3 Comments

BetFair’s message to the UK’s Gambling Commission on betting and the integrity of sports

Via Medemi (109 comments on their thread, and still growing), BetFair (PDF file): 3 August 2007 Integrity in Sports Betting Issues Paper Consultation Co-ordinator Gambling Commission Victoria Square House Victoria Square Birmingham B2 4BP Dear Sir/Madam, INTEGRITY IN SPORTS BETTING … Continue reading

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Building the Attention Economy + WeatherBill

- Bo Cowgill on David Pennock on the attention economy. (Addendum. Again.) – Josh Reich on WeatherBill. (Brainy post, with two little flaws. InTrade is NOT giving Economic Derivatives a run for its money. And WeatherBill is NOT a prediction … Continue reading

Posted in Analysis (Meta), Betting, Exchanges & Markets, Finance, Hedging & Insurance | Tagged , | 1 Comment