Is it possible to trade with yourself on betfair?

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leshi86
Posts: 5
Joined: Tue Jun 08, 2010 1:20 pm

Hi Guys,

Just wondering if it's possible to wash trade on betfair.

E.g.:

I put in a lay at 3 (for example on the website)
then on BA I put in a back at 3 in the same market on the same runner.....

What happens?
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Euler
Posts: 26430
Joined: Wed Nov 10, 2010 1:39 pm

Nothings happens, your trade is just scratched. To stop the odds being affected, Betfair will not show self matching in it's volume figures. So the market won't see this either.
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LeTiss
Posts: 5485
Joined: Fri May 08, 2009 6:04 pm

Euler wrote:Nothings happens, your trade is just scratched. To stop the odds being affected, Betfair will not show self matching in it's volume figures. So the market won't see this either.
I remember in the early days of Betfair the volume would change with matching your own bet

I'm not sure when they changed it, but clearly this was a way of distorting the liquidity
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