In play delays

[steven1976]

Could someone tell me why betfair have the inplay delays and also why do the times differ on different events and odds for putting orders into the market?

The reason i ask is that on Sunday i was watching the golf and decided to have a five quid punt on the winning putt at the european golf tournament. I put my bet on before the putt was struck when the ball was being addressed. By the time my order had reached the market someone had already jumped in 5 seconds before mine was matched and took all the money below 1.15 or whatever it was.

I dont use any super fast connection, and I am overseas so i realise it could just be someone on a faster connection but as i placed the bet before the putt was struck and the money was all matched 5 seconds before my bet reached the market I was just curious as to whether the inplay delay was for the benefit of the punters or for the exchange itself?

[Euler]

The concept behind an inplay delay is to stop people placing a bet at a live event and benefitting from seeing the action before anybody else does. As you can see, this doesn't work as people work hard to get around this or target events where they know they have an advantage.

[steven1976]

Yes, it seems a bit silly because the people court side are still going to get to hit the "go" button regardless before anyone else, so I would imagine they still have countdown they would still have the advantage.

In the golf case my personal opinion is it isn't someone at the tournament as they are quite strict at golf events on mobile phone and gadget useage and usually anyone seen pulling one out would be frowned upon by other members of the crowd.

I want a job at BF, maybe they get employee privileges!

[Iron]

I wonder if Betfair staff are allowed to check who's placing bets on particular events, for personal gain.

For example, it would be useful to know if a trainer has just backed his horse for 10K!

Jeff

I want a job at BF, maybe they get employee privileges!

[steven1976]

Im sure there will be a few at it through a freind of a freind. John Higgins was at it so im sure a jockey riding at 14/1 shot would be happy with a few extra quid for the weekend just for a gentle run out.