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Tag Archives: UK’s Gambling Commission
Why do BetFair Games (regulated in Malta, E.U.) have a timer on games?
Malta’s Lotteries and Gaming Authority is a stricter regulator than the UK’s Gambling Commission on that point. The Malta regulator mandates BetFair Games to display a timer on their games. The timer is visible on screen at all times, and, … Continue reading
The UK’s Gambling Commission is after BetFair and Betdaq for in-running (in-play) betting.
- Do you have any information about the customer profile in the in-running betting market (ie is it made up predominantly of specialist, knowledgeable betting customers)? … sources of information and time delays; availability of high-speed broadband; computer software packages … Continue reading
Posted in Betting, Exchanges & Markets, Market Trading, Regulations
Tagged bet exchanges, Betdaq, BetFair, betting exchanges, broadband, computer software packages, Gambling Commission, in-play, in-running-, prediction exchanges, prediction markets, Sports, UK's Gambling Commission, United Kingdom
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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
Posted in Betting, Ethics, Exchanges & Markets, Regulations
Tagged advocate, Analysis (Data) - Sports / Politics Corruption, BetFair, Betting, Birmingham, David O'Reilly, Ethics, Gambling Commission, Gambling Commission. sports, GBP, Great Britain, integrity, legal counsel, Player, prediction markets, sports governing bodies, sports results, UK's Gambling Commission, United Kingdom
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If you’re a UK-based trader with BetFair, your ass is covered by the highly regarded Gambling Commission. — If you’re a non-UK-based trader with BetFair, well, try your luck with Malta’s Lotteries and Gaming Authority.
BetFair: Change to Terms and Conditions for non-UK Betfair customers Betfair Customer Services 01 May 11:20 For operational and commercial reasons, Betfair is restructuring its international business. If you are a Betfair customer with a UK-registered address, this change will … Continue reading
Posted in Exchanges & Markets, Regulations
Tagged BetFair, Betfair International, BetFair Malta, Gambling Commission, laws, London, Lotteries and Gaming Authority, Malta, Malta Lotteries And Gaming Authority, Malta's Lotteries and Gaming Authority, non-UK-based trader, prediction markets, Regulations, UK Gambling Commission, UK's Gambling Commission, UK-based trader, United Kingdom
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One un-hired job candidate and one HammerSmith employee tell all about BetFair Malta’s combo market maker (trading algorithm + human market makers) operating on the multiples.
Graham “Sharp†Minds, in a comment on Midas Oracle: I am one of the people who Ed Murray has referred to in this blog. I was interviewed at Hammersmith by Betfair during the summer. For the time being I am … Continue reading
Posted in Ethics, Exchanges & Markets, Market Makers (Automated), Market Makers (Human), Market Trading, Mechanism Designs
Tagged BetFair, BetFair Malta, BetFair multiples, combo market maker, Graham "Sharp" Minds, Greece, human market makers, job candidate, Loki Lab Rat, London, Malta, market designs, Market Trading, Moldova, multiples betting, multiples product, prediction markets, traders, UK's Gambling Commission, United Kingdom
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A methodology flaw in the last UK Gambling Commission’s survey report makes it useless for analysts and policy makers.
I have scanned and examined the UK Gambling Commission’s survey report on gambling and betting (PDF file), titled British Gambling Prevalence Survey 2007, and I have found out that there is a big problem in their list of gambling and … Continue reading
BetFair.com operate memorandums of understanding (MoUs) with 25 governing bodies to help draw attention to suspicious betting patterns.
BetFair.com spokesman Tony Calvin said: We don’t offer a lot of markets of this kind [see the article below] because the rules have to be watertight for backer and layer. The Times on quirky bets and the sports integrity problematic. … Continue reading