The rise of betdaq

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Euler
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Joined: Wed Nov 10, 2010 1:39 pm

Here are some of the volumes at post time, not the actual off, from today.

14:00 York - Win Market £361864
14:05 Ascot - Win Market £346834
14:15 Newmarket - Win Market £242702
14:25 Newcastle - Win Market £267303
14:30 York - Win Market £452413
14:40 Ascot - Win Market £798074
14:45 Newmarket - Win Market £366298
14:55 Newcastle - Win Market £302530
15:05 York - Win Market £604181
15:15 Ascot - Win Market £618765
15:20 Newmarket - Win Market £227706
15:30 Newcastle - Win Market £357036
15:40 York - Win Market £985771
15:50 Ascot - Win Market £927738
16:05 Newcastle - Win Market £354695
16:10 York - Win Market £555123
16:30 King George VI & Queen Elizabeth Stakes - Win Market £1788826
16:40 Newcastle - Win Market £453161
16:45 York - Win Market £450242
17:00 Newmarket - Win Market £310627
17:15 Newcastle - Win Market £449247
17:20 York - Win Market £840147
andyfuller
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Joined: Wed Mar 25, 2009 12:23 pm

Euler wrote:I had an epiphany today so I've started to do a lot better at the smaller races.
Care to let us know your secrets ;)

Some nice wins you have had there Peter, take account of the 60% PC and they look even better!

Have you anyway of comparing today's markets to past ones? It looked like they were often hitting levels seen on your screen grabs you posted during Royal Ascot and it wasn't exactly RA racing today!
andyfuller
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Joined: Wed Mar 25, 2009 12:23 pm

You posted the above as I was typing my reply.

I can't say I have seen amounts like those race in race out on a Saturday over at Betdaq before.

Interesting times.
chuck536
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Joined: Fri Aug 20, 2010 4:41 pm

promising stuff. think a greening column is a must though for future
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Euler
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Because my hand has been forced, I've had learn more about Betdaq; as have others. I wouldn't have put the effort in before. I'm glad I have TBH, it's another string in the bow.

I think its inevitable that liquidity will rise on Betdaq not only available amounts, but also matched amounts. You would think that Betfair would have worked that out? Liquidity is one of Betfair's USP's so they have to be taking an almightly risk by pricing out people from the market?

I'm not going to say that Betdaq is suitable for everybody and suggest that having two strong competitiors is ideal at all times, but I think Betfair may have accidentally tipped Betdaq towards a virtuous upward cycle. My activity on it is rising fast and as I witnessed on Betfair many years ago, once momentum is gained it's difficult to stop. Still some way to go, but finally we may be seeing some strong competition develop.
Last edited by Euler on Sat Jul 23, 2011 10:28 pm, edited 1 time in total.
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Euler
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chuck536 wrote:promising stuff. think a greening column is a must though for future
Already in hand.
hgodden
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Joined: Thu Apr 16, 2009 2:13 pm

Just a shame we can't but shares in Daq :x
lewismbet
Posts: 55
Joined: Thu Jul 23, 2009 11:20 am

After this week [where I have had no action on betdaq but have been following the 'rise' closely] I will be trying to get a few automated strategies onto betdaq with a few tweaks.

Previously the low quality of the markets and the poorer API has stopped me from doing so. Would be interested to know whether there has been talk of the betdaq back-end changing other than simply them upgrading for a potential increase in clients/turnover. While the vendors can change the software they offer they can still only use the data and calls that betdaq are offering them.

These things take time but hopefully a year from now many of the smaller quibbles with betdaq will be gone and combined with their pro-trader commission structure we may all benefit. Also the screenshots here are showing clearly that there are opportunities everywhere.
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jimrobo
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I noticed that on another vendor forum someone asked about betdaq moving to a push framework. I don;t really know how much better that is but I am assuming it is a much better system. Anyway, the betdaq username posted on the thread that there is going to be a big change Q4 this year and whilst not confirming specifically did hint that that would be being implimented.

The calls limiting and the LTP is the biggest problem betdaq have at the moment IMHO.
andyfuller
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And not being able to see individual selection matched amounts.
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jimrobo
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true but I think thats a minor thing personally
aleksandar
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Joined: Fri Dec 04, 2009 10:50 pm

Matched amount per selection is really, really necessary for me.
andyfuller
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Nice warm up for the week on Race 1 of Goodwood at Betdaq and no Premium Charge to be paid on it:
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jimrobo
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very nice mate!
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Euler
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I flunked the first race :oops:
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