Obviously any exchange depends on supply and demand and who the protagonists are shows its level of maturity. Any market goes through different stages throughout its life and bf exchange is quite saturated with people significantly reducing inefficiency and until they leave or are forced to leave (as premium charge did in the first stage) things will become increasingly unfavourable for all participants, including the organisers.
Unless things radically change in a smarter way I wouldn't be surprised to see bots banned in one way or another in addition to profitable accounts closed.
Is betfair dead?
Trader724 wrote: ↑Sat Feb 04, 2023 3:58 pmObviously any exchange depends on supply and demand and who the protagonists are shows its level of maturity. Any market goes through different stages throughout its life and bf exchange is quite saturated with people significantly reducing inefficiency and until they leave or are forced to leave (as premium charge did in the first stage) things will become increasingly unfavourable for all participants, including the organisers.
Unless things radically change in a smarter way I wouldn't be surprised to see bots banned in one way or another in addition to profitable accounts closed.
So how will BF determine a bet has been placed manually or by a botTrader724 wrote: ↑Sat Feb 04, 2023 3:58 pmObviously any exchange depends on supply and demand and who the protagonists are shows its level of maturity. Any market goes through different stages throughout its life and bf exchange is quite saturated with people significantly reducing inefficiency and until they leave or are forced to leave (as premium charge did in the first stage) things will become increasingly unfavourable for all participants, including the organisers.
Unless things radically change in a smarter way I wouldn't be surprised to see bots banned in one way or another in addition to profitable accounts closed.
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ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
Betting patterns. Speed, frequency 247 etc Or using api fields like CustomerRef to segregate strategies.
There's no way bots will be banned, in fact they're supporting their development. It's the automation community putting up the lions share of the money (aledgedly). Some of it is fairly useless admittedly but there's just as many bad bots as bad manual traders so it all helps. There's this odd idea that people automating are all good at this.
The poker sites have it down to a fine art. It's not difficult these daysCardano wrote: ↑Sat Feb 04, 2023 4:22 pmTrader724 wrote: ↑Sat Feb 04, 2023 3:58 pmObviously any exchange depends on supply and demand and who the protagonists are shows its level of maturity. Any market goes through different stages throughout its life and bf exchange is quite saturated with people significantly reducing inefficiency and until they leave or are forced to leave (as premium charge did in the first stage) things will become increasingly unfavourable for all participants, including the organisers.
Unless things radically change in a smarter way I wouldn't be surprised to see bots banned in one way or another in addition to profitable accounts closed.So how will BF determine a bet has been placed manually or by a botTrader724 wrote: ↑Sat Feb 04, 2023 3:58 pmObviously any exchange depends on supply and demand and who the protagonists are shows its level of maturity. Any market goes through different stages throughout its life and bf exchange is quite saturated with people significantly reducing inefficiency and until they leave or are forced to leave (as premium charge did in the first stage) things will become increasingly unfavourable for all participants, including the organisers.
Unless things radically change in a smarter way I wouldn't be surprised to see bots banned in one way or another in addition to profitable accounts closed.
There are obviously more good or bad bots than all manual traders, because what you can do with automation gives you a huge advantage over what you can do manually, both qualitatively and quantitatively.
If you placed 100 bets in a single second or place bets constantly 24/7 you obviously don't do it manually.
Of course - but who's placing 100 bets/sec or constantly 24/7 ( whatever that means ) on BF
The efficiency of betting markets refers to their ability to reflect all available information in a betting odds. The more efficient a betting market is, the more accurately the odds reflect the real chances of an event.
If a market is extremely efficient, the odds can become so tight that there is no profit for bettors, as the winnings are compensated by losses. For example, if the odds for each option are exactly equal to the probability of this event, bettors will not have an advantage, as winnings and losses will balance each other out. In this case, the market is so efficient that there is no room for profit.
Step back and think a minute or two... don't let your immediate bias come to a given conclusion.