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Tag Archives: same runner
BetFair’s new bet-matching logic
Michael Robb’s e-mail to me: Hi Chris, Firstly I’d like to clarify that Betfair is a privately-owned, limited company and is not listed on the Stock Exchange. Therefore, there is no trading in its shares and so when Ed Murray … Continue reading
??? BetFair bet-matching logic ???
While market design expert Chris Hibbert is puzzled by Niall O’Connor’s statement mentioning an automated trader, event derivative trader Ed Murray (who made a series of accusations against BetFair) has just written a comment bringing in some intriguing (but yet … Continue reading
Posted in Exchange & Market Designs, Exchanges & Markets, Market Trading, Mechanism Designs
Tagged Andrew Black, automated trader, bet matching, bet matching logic, bet matching software, BetFair, BetFair Malta, Chris Hibbert, combo market maker, Ed Murray, event derivative trader, GBP, human market makers, Mark Davies, market designs, Market Trading, Michael Robb, Niall O'Connor, Player, prediction markets, Radio 5, same runner, Securities and Exchange Commission, sports markets, traders, un-hired job candidate, United Kingdom
15 Comments
Brand-new BetFair bet-matching logic proves to be very controversial with some event derivative traders.
- BetFair forum: Dear Mark Thank you for your e-mail. The new bet matching process has been introduced to enable more customers bets to be matched. We do not expect any customers to be effected in negative way including bookmakers. … Continue reading
Posted in Exchange & Market Designs, Exchanges & Markets, Market Trading, Mechanism Designs
Tagged Australia, bet matching, bet matching logic, BetFair, economist, Ed Murray, market designs, Market Trading, Matthew Reid, Michael Giberson, Niall O'Connor, prediction markets, same runner, Trader, traders
1 Comment
BetFair changes the logic of its bet matching.
Starting Prices aside, trading at BetFair becomes a little more complicated. – BetFair: Changes to Betfair’s bet matching logic Betfair Customer Services 11 Mar 17:32 Betfair is trialling an improved bet matching process. This work is ongoing and will affect … Continue reading