Tag Archives: Liverpool

If the British legal betting companies offer bets on the sport, it is because there is demand for bets on the sport —and if that demand were not offered in a regulated environment, it would be filled in an unregulated one (like what we see with TradeSports-InTrade and MatchBook in the US market).

Mark Davies of BetFair (PDF file): International Leaders in Sport conference, Auckland, New Zealand. April 3-4th 2008. Keynote speech, April 4th. Mark Davies, Betfair. “New Understandings in Sports Betting” Minister, ladies and gentlemen… Thank you very much for your kind … 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.

- 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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How to profit from tournament betting on Betfair

Predicting the shift in odds caused by knockout competitions can be extremely profitable and lends itself excellently to tennis. The odds on at least one competitor winning a tournament will always be 100%. However, as the tournament progresses and the … Continue reading

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The law of one price

The law of one price is an economic law stated as: “In an efficient market all identical goods must have only one price.” The intuition for this law is that all sellers will flock to the highest prevailing price, and … Continue reading

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