Is betfair dead?

News, chat and debate about the Betfair betting exchange.
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ShaunWhite
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Joined: Sat Sep 03, 2016 3:42 am

Dallas wrote:
Mon Feb 06, 2023 2:28 pm
ShaunWhite wrote:
Mon Feb 06, 2023 2:08 pm
Bots aren't new, all the things being spoken about here have been happening for at least 10yrs.
and in another 10 years someone will be asking the same question
It's all your fault..... bloody bots ;)
Cardano
Posts: 215
Joined: Mon Aug 21, 2017 12:02 pm

Did the BF bot 'hoover-up' on West Orchard when it had looked like winning (coasting) but 'ran-out' at the second last hurdle at Fontwell 13:20 leaving 'backers' no chance to recover losses and 'layers' know chance' to take advantage of the situation :?:
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Dallas
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ShaunWhite wrote:
Mon Feb 06, 2023 2:53 pm
Dallas wrote:
Mon Feb 06, 2023 2:28 pm
ShaunWhite wrote:
Mon Feb 06, 2023 2:08 pm
Bots aren't new, all the things being spoken about here have been happening for at least 10yrs.
and in another 10 years someone will be asking the same question
It's all your fault..... bloody bots ;)
:lol:
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ShaunWhite
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Joined: Sat Sep 03, 2016 3:42 am

Cardano wrote:
Mon Feb 06, 2023 2:48 pm
Did BF 'hoover-up' on West Orchard when it had looked like winning (coasting) but 'ran-out' at the second last hurdle at Fontwell 13:20
With 2 fences to go, "looked like winning" and backing wouldn't be everyone's view, and when it faltered it was just quicker fingers hoovering the money up. There's no ghost in the machine just 000s of good traders.
Cardano
Posts: 215
Joined: Mon Aug 21, 2017 12:02 pm

ShaunWhite wrote:
Mon Feb 06, 2023 3:02 pm
Cardano wrote:
Mon Feb 06, 2023 2:48 pm
Did BF 'hoover-up' on West Orchard when it had looked like winning (coasting) but 'ran-out' at the second last hurdle at Fontwell 13:20
With 2 fences to go, "looked like winning" and backing wouldn't be everyone's view, and when it faltered it was just quicker fingers hoovering the money up. There's no ghost in the machine just 000s of good traders.
So how would those 'quicker fingers' know when the horse ran out. This 'game' is about anticipation before an event occurs especially 'in-play'. It's too late after an 'event' has happened. eg it's no good trying to back the 'winner' after it has won
Think about it Shaun and have another go at the explanation if you can please :!:
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Derek27
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Cardano wrote:
Mon Feb 06, 2023 2:59 pm
Did the BF bot 'hoover-up' on West Orchard when it had looked like winning (coasting) but 'ran-out' at the second last hurdle at Fontwell 13:20 leaving 'backers' no chance to recover losses and 'layers' know chance' to take advantage of the situation :?:
Nobody in their right mind would back a horse because it "looked like winning". You have to balance its chances of winning with the price.
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Derek27
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Cardano wrote:
Mon Feb 06, 2023 3:12 pm
ShaunWhite wrote:
Mon Feb 06, 2023 3:02 pm
Cardano wrote:
Mon Feb 06, 2023 2:48 pm
Did BF 'hoover-up' on West Orchard when it had looked like winning (coasting) but 'ran-out' at the second last hurdle at Fontwell 13:20
With 2 fences to go, "looked like winning" and backing wouldn't be everyone's view, and when it faltered it was just quicker fingers hoovering the money up. There's no ghost in the machine just 000s of good traders.
This 'game' is about anticipation before an event occurs especially 'in-play'.
This game has absolutely nothing to do with anticipating what happens. It's all about judging the probability of something happening. If a horse is trading a 4, the question is not whether will it win but does it have a more than 25% chance of winning.
Cardano
Posts: 215
Joined: Mon Aug 21, 2017 12:02 pm

Derek27 wrote:
Mon Feb 06, 2023 3:34 pm
Cardano wrote:
Mon Feb 06, 2023 3:12 pm
ShaunWhite wrote:
Mon Feb 06, 2023 3:02 pm

With 2 fences to go, "looked like winning" and backing wouldn't be everyone's view, and when it faltered it was just quicker fingers hoovering the money up. There's no ghost in the machine just 000s of good traders.
This 'game' is about anticipation before an event occurs especially 'in-play'.
This game has absolutely nothing to do with anticipating what happens. It's all about judging the probability of something happening. If a horse is trading a 4, the question is not whether will it win but does it have a more than 25% chance of winning.
Impossibity judging the 'probability' of a horse 'runnin-out'. I'd be surprised if the jockey would know that :lol:
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Derek27
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Cardano wrote:
Mon Feb 06, 2023 3:39 pm
Derek27 wrote:
Mon Feb 06, 2023 3:34 pm
Cardano wrote:
Mon Feb 06, 2023 3:12 pm


This 'game' is about anticipation before an event occurs especially 'in-play'.
This game has absolutely nothing to do with anticipating what happens. It's all about judging the probability of something happening. If a horse is trading a 4, the question is not whether will it win but does it have a more than 25% chance of winning.
Impossibity judging the 'probability' of a horse 'runnin-out'. I'd be surprised if the jockey would know that :lol:
You're doing it again. "judging the probability" of something happening has nothing to do with "knowing". Nor is it a question of judging the probability of the horse running out, it's the probability of winning, or not.

The chances of a horse running out, failing the weigh-in/dope test, etc. with two to jump are insignificant to its chances of jumping the last two obstacles and not getting caught. So you're just looking at it capsizing or getting caught. If it's well clear you may think it's got a 1.04 chance and it's trading at 1.02, so it would be a bad bet.
Cardano
Posts: 215
Joined: Mon Aug 21, 2017 12:02 pm

Derek27 wrote:
Mon Feb 06, 2023 4:10 pm
Cardano wrote:
Mon Feb 06, 2023 3:39 pm
Derek27 wrote:
Mon Feb 06, 2023 3:34 pm


This game has absolutely nothing to do with anticipating what happens. It's all about judging the probability of something happening. If a horse is trading a 4, the question is not whether will it win but does it have a more than 25% chance of winning.
Impossibity judging the 'probability' of a horse 'runnin-out'. I'd be surprised if the jockey would know that :lol:
You're doing it again. "judging the probability" of something happening has nothing to do with "knowing". Nor is it a question of judging the probability of the horse running out, it's the probability of winning, or not.

The chances of a horse running out, failing the weigh-in/dope test, etc. with two to jump are insignificant to its chances of jumping the last two obstacles and not getting caught. So you're just looking at it capsizing or getting caught. If it's well clear you may think it's got a 1.04 chance and it's trading at 1.02, so it would be a bad bet.
Derek I don't need a lecture from you on 'probability' which has got nothing to do with my original question.
So can you refer your replies to the original question or FFS 'SHUT UP'
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ShaunWhite
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Cardano wrote:
Mon Feb 06, 2023 3:39 pm
Impossibity judging the 'probability' of a horse 'runnin-out'. I'd be surprised if the jockey would know that :lol:
The odd of a horse making it past an obstacle is well known, even specific obstacles at specific courses. The jocks know those better than most because when they don't make it past it usually hurts.

Even acting after the event is fine so long as you're the first one. I'm guessing you were looking at the market with delayed pictures? Was it a race covered by TPD? You just have to stay in your lane if you don't want to get run over, being involved at a stage in the market where you know can't respond fast enough is a choice.
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Dallas
Posts: 23475
Joined: Sun Aug 09, 2015 10:57 pm

ShaunWhite wrote:
Mon Feb 06, 2023 4:29 pm
Cardano wrote:
Mon Feb 06, 2023 3:39 pm
Impossibity judging the 'probability' of a horse 'runnin-out'. I'd be surprised if the jockey would know that :lol:
The odd of a horse making it past an obstacle is well known, even specific obstacles at specific courses. The jocks know those better than most because when they don't make it past it usually hurts.

Even acting after the event is fine so long as you're the first one. I'm guessing you were looking at the market with delayed pictures? Was it a race covered by TPD? You just have to stay in your lane if you don't want to get run over, being involved at a stage in the market where you know can't respond fast enough is a choice.
Fontwell is covered by TPD, so anyone without a TPD sub is going to be disadvantaged trading this course and a few seconds behind manual traders actions - and even further behind bots triggering off TPD data
Cardano
Posts: 215
Joined: Mon Aug 21, 2017 12:02 pm

ShaunWhite wrote:
Mon Feb 06, 2023 4:29 pm
Cardano wrote:
Mon Feb 06, 2023 3:39 pm
Impossibity judging the 'probability' of a horse 'runnin-out'. I'd be surprised if the jockey would know that :lol:
The odd of a horse making it past an obstacle is well known, even specific obstacles at specific courses. The jocks know those better than most because when they don't make it past it usually hurts.

Even acting after the event is fine so long as you're the first one. I'm guessing you were looking at the market with delayed pictures? Was it a race covered by TPD? You just have to stay in your lane if you don't want to get run over, being involved at a stage in the market where you know can't respond fast enough is a choice.
Like Derek you are still not answering the question.
Remember when you were doing 'exams'
Carefully read the 'Question' before answering
Did BF 'hoover-up' when 'West Orchard' ran-out :?:
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Derek27
Posts: 25157
Joined: Wed Aug 30, 2017 11:44 am

Cardano wrote:
Mon Feb 06, 2023 4:21 pm
Derek27 wrote:
Mon Feb 06, 2023 4:10 pm
Cardano wrote:
Mon Feb 06, 2023 3:39 pm


Impossibity judging the 'probability' of a horse 'runnin-out'. I'd be surprised if the jockey would know that :lol:
You're doing it again. "judging the probability" of something happening has nothing to do with "knowing". Nor is it a question of judging the probability of the horse running out, it's the probability of winning, or not.

The chances of a horse running out, failing the weigh-in/dope test, etc. with two to jump are insignificant to its chances of jumping the last two obstacles and not getting caught. So you're just looking at it capsizing or getting caught. If it's well clear you may think it's got a 1.04 chance and it's trading at 1.02, so it would be a bad bet.
Derek I don't need a lecture from you on 'probability' which has got nothing to do with my original question.
So can you refer your replies to the original question or FFS 'SHUT UP'
If you reply to anything I say I will reply to what you said, not the original question. I've just looked at the OP and it's not even your thread!
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Derek27
Posts: 25157
Joined: Wed Aug 30, 2017 11:44 am

Cardano wrote:
Mon Feb 06, 2023 4:37 pm
ShaunWhite wrote:
Mon Feb 06, 2023 4:29 pm
Cardano wrote:
Mon Feb 06, 2023 3:39 pm
Impossibity judging the 'probability' of a horse 'runnin-out'. I'd be surprised if the jockey would know that :lol:
The odd of a horse making it past an obstacle is well known, even specific obstacles at specific courses. The jocks know those better than most because when they don't make it past it usually hurts.

Even acting after the event is fine so long as you're the first one. I'm guessing you were looking at the market with delayed pictures? Was it a race covered by TPD? You just have to stay in your lane if you don't want to get run over, being involved at a stage in the market where you know can't respond fast enough is a choice.
Like Derek you are still not answering the question.
Remember when you were doing 'exams'
Carefully read the 'Question' before answering
Did BF 'hoover-up' when 'West Orchard' ran-out :?:
This isn't an exam, it's a discussion, and you're question has nothing to do with the original question, is Betfair dead?
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