Smarkets

[pt9091]

Been watching the smarkets pre race, seems to be decent sums in the odds boxes, looks trade-able as well, unfortunately cant confirm as they have no api or software

[Innertube]

I just don't see the point in this site? Am I missing something? I can do all this already elsewhere.

[freddy]

If all that money is real then i want some of it

but i doubt it is unfortunatly

[jimrobo]

its liability not stake and its a bot apparantly so you can go in and take it if you want it

These guys seem to be giving off positive signals but I seriously doubt they have the resources to be a viable alternative although at least they seem to be making the right noise

[freddy]

Interesting, worth keeping an eye on for sure, you never know .

sill a fair bit of money even considering it's liability, If it doesn't disapear the moment you place a bet that is

[spreadbetting]

Their bot just mirrors betfair to a set liability, when BF went down recently so did smarket's prices. Don't actually know anyone who's bet there yet, it'd be worthwhile knowing if they'd actually allow you to match the bet or if it'd turn into a game of chase me

[vide0star]

Money is real, bot is real. You can trade against it. I imagine when we open the API the characteristics will change as it will have to compete with other bots, but for now it is what it is.

@innertube: the point of the site is to a) have the best trading technology in the world for customers and b) have a site that has an amazing user experience

[pt9091]

Your certainly making more of an effort than betdaq appear to be, keep it Smarkets!

[Iron]

Everyone has assumed that the only viable alternative to Betfair is Betdaq, but I'm not sure it's so clear-cut any more...

Your liquidity on the 20:55 Leopardstown seems as good as Betfair's!

What's the catch? And how do you do it?

Jeff

Money is real, bot is real. You can trade against it.

[freddy]

I Read on another forum that the liquity was provided by a third party, so i guess they must be making money from it somehow.

someone need to give it ago a see what happens

[pt9091]

Any idea of a live date for the Smarkets api?

[Iron]

Perhaps its money from bookies looking to balance their books.

Jeff

I Read on another forum that the liquity was provided by a third party, so i guess they must be making money from it somehow.

someone need to give it ago a see what happens

[LeTiss]

I don't like the fact there's no information on how much as been matched, this creates a lack of trust

However, they seem strongly linked to BF's activity, so taking a bet there instead of BF should still see the same movements (Unless the money is actually fake)

[spreadbetting]

I doubt it Jeff, it just mirrors Betfairs prices. I imagine you've a chance of a match if the price is out of line. It wasn't long ago they were celebrating matching £1M in bets and plenty of us will match that in a week or so

[Iron]

You could well be right - I think it's too early to be getting out the champaigne, but it's worth further investigation IMHO.

Jeff

I doubt it Jeff, it just mirrors Betfairs prices. I imagine you've a chance of a match if the price is out of line. It wasn't long ago they were celebrating matching £1M in bets and plenty of us will match that in a week or so