Honest Joe betting exchange

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Alphabet
Posts: 5
Joined: Sat Feb 11, 2017 4:06 am

Just looking right now at one market.

It seems the Chelmsford City 19.06.2019 18:40 has at 20 minutes out
Got £75 matched. Now £100 matched 10 minutes out. Now £115 matched 8 minutes out. £125 matched 7 mins out.
£176 matched 3 mins out.

Laith is 5.2 / 5.6 (£50 Back Liquidity) (£100 lay liquidity) 5.0 / 5.1 on other exchages
And noticed some small matched amounts and other activity on the Ascot races.
So to be fair it is not stone cold.

They just need to either increase the commission to 2%+ and remove all fees.
Or waive all fees for the first month and build up interest and take a big financial hit.

Otherwise, what's the point!?

However, it is possible that either this site or another exchange.
Could offer what would be a ''True Exchange'' and not follow Betfair like following Sheep.
I have seen better prices offered on Honest Joe than on the Exchanges.
So their could be something in that the Prices are set according to the Punter rather than following what
any Sports Book is offering.
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Derek27
Posts: 23476
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

One free deposit and withdrawal a week would have been enough for me to invest.

It's a bit daft having England and Scotland under different headings when they fall under the same jurisdiction!

And what about Newcastle - do they think it's a separate country? :lol:
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Derek27
Posts: 23476
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

They really haven't put much thought into it or they've gone live before the site is ready. No graphs or price history.
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johnsheppard
Posts: 283
Joined: Mon Feb 04, 2019 6:00 am
Location: Cairns Australia

On freelancing sites like upwork, etc....every now and then one sees job posts like "Build me a betting exchange like betfair" with a budget of $500 ... perhaps a hard working Indian guy managed to pull through and make one...

It's a strange thing that people are THAT optimistic...or inexperienced or what not...but I suppose there's one way to get experience..
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Derek27
Posts: 23476
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

The exchange is operated by Flexihedge so I'm guessing they provide the IT side of the business.
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Hepburn
Posts: 173
Joined: Sun Feb 25, 2018 11:58 pm

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Derek27
Posts: 23476
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Hepburn wrote:
Thu Jun 20, 2019 6:49 pm
could possibly be white label https://swissbet.com/betting-exchange-software/
I'll ask them to write the software to control my DIY nuclear power station. ;)
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Archangel
Posts: 1987
Joined: Thu Jun 27, 2013 3:03 pm
Location: Polo Lounge, Beverly Hills Hotel

johnsheppard wrote:
Thu Jun 20, 2019 1:26 am
On freelancing sites like upwork, etc....every now and then one sees job posts like "Build me a betting exchange like betfair" with a budget of $500 ... perhaps a hard working Indian guy managed to pull through and make one...

Build me a betting exchange for $500 , lol
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Derek27
Posts: 23476
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Archangel wrote:
Thu Jun 20, 2019 8:21 pm
johnsheppard wrote:
Thu Jun 20, 2019 1:26 am
On freelancing sites like upwork, etc....every now and then one sees job posts like "Build me a betting exchange like betfair" with a budget of $500 ... perhaps a hard working Indian guy managed to pull through and make one...

Build me a betting exchange for $500 , lol
Don't know why you're surprised. Enough people have posted on hear asking for a bot/strategy to generate £1K a month from £100. ;)
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Dallas
Posts: 22674
Joined: Sun Aug 09, 2015 10:57 pm
Location: Working From Home

Derek27 wrote:
Thu Jun 20, 2019 8:45 pm
Archangel wrote:
Thu Jun 20, 2019 8:21 pm
johnsheppard wrote:
Thu Jun 20, 2019 1:26 am
On freelancing sites like upwork, etc....every now and then one sees job posts like "Build me a betting exchange like betfair" with a budget of $500 ... perhaps a hard working Indian guy managed to pull through and make one...

Build me a betting exchange for $500 , lol
Don't know why you're surprised. Enough people have posted on hear asking for a bot/strategy to generate £1K a month from £100. ;)
Those type of requests clog up my inbox more than anything else, the one I always remember practically word for word was when someone 'Told' me to give them a bot but made it crystal clear it had to make at least £100 per day and that I wasn't to waste their time sending one that made anything less.
Emmson
Posts: 3363
Joined: Mon Feb 29, 2016 6:47 pm

Dallas wrote:
Thu Jun 20, 2019 10:29 pm
Derek27 wrote:
Thu Jun 20, 2019 8:45 pm
Archangel wrote:
Thu Jun 20, 2019 8:21 pm


Build me a betting exchange for $500 , lol
Don't know why you're surprised. Enough people have posted on hear asking for a bot/strategy to generate £1K a month from £100. ;)
Those type of requests clog up my inbox more than anything else, the one I always remember practically word for word was when someone 'Told' me to give them a bot but made it crystal clear it had to make at least £100 per day and that I wasn't to waste their time sending one that made anything less.
I always wondered how much forum activity on here is done in the shadows. For me zero, I turned that feature off.
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Derek27
Posts: 23476
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Dallas wrote:
Thu Jun 20, 2019 10:29 pm
Those type of requests clog up my inbox more than anything else, the one I always remember practically word for word was when someone 'Told' me to give them a bot but made it crystal clear it had to make at least £100 per day and that I wasn't to waste their time sending one that made anything less.
:lol: :lol: I thought the forum requests were fanciful enough.
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Archangel
Posts: 1987
Joined: Thu Jun 27, 2013 3:03 pm
Location: Polo Lounge, Beverly Hills Hotel

Derek27 wrote:
Thu Jun 20, 2019 8:45 pm
Archangel wrote:
Thu Jun 20, 2019 8:21 pm
johnsheppard wrote:
Thu Jun 20, 2019 1:26 am

Don't know why you're surprised. Enough people have posted on hear asking for a bot/strategy to generate £1K a month from £100. ;)
Not surprised. Just find the whole idea amusing :)
chris2785
Posts: 41
Joined: Sun Dec 11, 2011 1:32 am

What does everyone think of Betconnect, you can take on the Pro and lay his / her bet only, or back it yourself, in the hope the Pro knows their stuff.

Interesting concept

Chris
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Dallas
Posts: 22674
Joined: Sun Aug 09, 2015 10:57 pm
Location: Working From Home

chris2785 wrote:
Fri Jun 21, 2019 1:32 pm
What does everyone think of Betconnect, you can take on the Pro and lay his / her bet only, or back it yourself, in the hope the Pro knows their stuff.

Interesting concept

Chris
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