Tag Archives: tennis

BetFair traders are getting ready for the BOOM.

BetFair: [...] we’ll be enabling the new matching process on soccer match odds markets, tennis match odds markets and greyhound win markets taking place on the UK exchange shortly. – Previously: BetFair’s new bet-matching logic…. (endorsed by Giberson International Incorporated). … Continue reading

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In a blow to the French, BetFair choose Bastille Day to premiere the revised version of the bet-matching logic of their prediction markets. — IMPROVEMENT MEANS BETTER LIQUIDITY FOR THEIR EVENT DERIVATIVE TRADERS.

- BetFair: Improvements to Betfair’s bet matching logic today, Monday 14th July: What’s changing? We’ve improved the code that matches bets. As well as matching backs against lays as we’ve always done, we’ll also try to match your bet against … Continue reading

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BetFair’s brand-new bet matching logic

BetFair: Betfair Customer Services 06 Jun 15:55 We held a forum Q&A session in March in which we announced that we were working on an improved version of bet matching. This would allow us to match bets across selections, and … Continue reading

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He asks questions; you’ll provide answers.

I would like to ask the U.S. contributors to Midas Oracle what they would make of a prediction market for the 2012 Democratic nomination where one contender was backed heavily, at any price, despite losing every single primary heavily for … Continue reading

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Tennis is not systematically nor institutionally corrupt. There is no evidence of a link to the Mafia.

Only 45 suspicious tennis matches out of the hundreds of thousands of matches played over the last five years. That’s peanuts. – Via Steve Roman Bloomberg New York Times The Times (of London) The Guardian – Previously: The Mark Davies … 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

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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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Only bloggers do link to the prediction markets —mainstream media, like ABC News, never do.

Can NewsFutures Really Predict the Future? … asks ABC News (4 pages): [...] NewsFutures creator Emile Servan-Schreiber believes that prediction markets like his are the “future of journalism.” [*] “It gives people the news of today and lets them give … Continue reading

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

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

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BetFair withdraws / improves its brand-new matching-bet logic, which was (kind of) endorsed by the Chairman of the Midas Oracle Advisory Board.

Via Dave, BetFair: Changes to Betfair’s bet matching logic – update Betfair Customer Services 19 Mar 10:47 We’ve been trialling a new process for matching customer bets recently which has prompted considerable debate among some of our customers. Some of … Continue reading

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