Hi everyone, can anyone explain to me what's up with AUS and US horse racing?
1) the %ages are very high and they don't seem to lower when getting closer to the end of the race;
2) no warning when race starting, hence one doesn't know if underway, no "In Play" flag;
3) suddenly it is over and no way to know who won and who lost;
4) very small amounts matched, sometimes only a few hundreds of pounds;
5) I could continue with many differences from our home markets, basically if one sets up an authomatic system to work with english races, it cannot at all be used with the australian or american ones.
Does anybody know how can these two markets be used? It's a great pity they don't work like the Britain's and Ireland's, because there are literally hundreds of events there and one could cover 24h a day.
any suggestions most apreciated
US AND AUS horse racing... anyone doing it?
Hey Corbus.
Recently Betfair put some US racing in the live video page, so you can now control when the race is about to start. You can also see live at ESPN Horse racing website.
The Betfair live video gave us a second advantadge: the liquidity is now unquestionably better, at least for those races covered by Betfair. Trading is quite easier than UK Races. As for AUS, I have no experience, I don't have AUS wallet yet.
Recently Betfair put some US racing in the live video page, so you can now control when the race is about to start. You can also see live at ESPN Horse racing website.
The Betfair live video gave us a second advantadge: the liquidity is now unquestionably better, at least for those races covered by Betfair. Trading is quite easier than UK Races. As for AUS, I have no experience, I don't have AUS wallet yet.
Do Betfair ever suspend US races before the off?
Maybe the clock on my computer was out, but I swore I once saw them do that!
Jeff
Maybe the clock on my computer was out, but I swore I once saw them do that!
Jeff
corbus wrote:Hi everyone, can anyone explain to me what's up with AUS and US horse racing?
1) the %ages are very high and they don't seem to lower when getting closer to the end of the race;
2) no warning when race starting, hence one doesn't know if underway, no "In Play" flag;
3) suddenly it is over and no way to know who won and who lost;
4) very small amounts matched, sometimes only a few hundreds of pounds;
5) I could continue with many differences from our home markets, basically if one sets up an authomatic system to work with english races, it cannot at all be used with the australian or american ones.
Does anybody know how can these two markets be used? It's a great pity they don't work like the Britain's and Ireland's, because there are literally hundreds of events there and one could cover 24h a day.
any suggestions most apreciated
-
andyfuller
- Posts: 4619
- Joined: Wed Mar 25, 2009 12:23 pm
I have known them suspend them early a few times. Likewise they will suspend them late quite a few. Just part of the risk of trading the market unfortunately as Betfair will just use the line - we lost our feed so suspended the market early to be fair to all users, even if ATR are showing the race as they say they can't rely upon ATR as a feed.
I learnt that from experience and a nice red
I learnt that from experience and a nice red
It could also destroy Betfair's monopoly.
If a US billionaire looks at Betfair's success over here, then he might want to replicate that model in the States before Betfair gets 99% of the liquidity over there. The influx of liquidity from America into British races could finally give us a decent alternative to Betfair on this side of the pond too...
Jeff
If a US billionaire looks at Betfair's success over here, then he might want to replicate that model in the States before Betfair gets 99% of the liquidity over there. The influx of liquidity from America into British races could finally give us a decent alternative to Betfair on this side of the pond too...
Jeff
J.S. wrote:Really looking forward to the day Betfair finally win the legislation battle in the states. Liquidity for the US racing should sky rocket, not to mention other popular US events like the NBA, NFL, NHL, MBA etc etc
Looked at the US racing again last night, low volume but tradeable. Race times are all over the place, very difficult to work out when the next race is off. Also the way they scratch runners is odd.
Was watching a Tampa race which was 20-30mins late. Horse just wouldn't load and after a lot of messing around they finally decided to scratch it, not before it had attempted to trample half the stalls staff a dozen times. Then they pulled out all the runners from the stalls 'To give people time to cancel tickets' and attempted to re-load them. Because of the fuss the first time around a couple of horses got a bit upset and one was really struggling to reload. Eventually it did, but the whole thing looked a complete farce to be honest. While the UK system is not perfect it's far better than what I saw last night.
If you look at the Aussie racing them seem to pony horses a lot and there are very few scratched runners. All the races go off almost perfectly on time as well and I think the Aussies do the better job of the three.
Was watching a Tampa race which was 20-30mins late. Horse just wouldn't load and after a lot of messing around they finally decided to scratch it, not before it had attempted to trample half the stalls staff a dozen times. Then they pulled out all the runners from the stalls 'To give people time to cancel tickets' and attempted to re-load them. Because of the fuss the first time around a couple of horses got a bit upset and one was really struggling to reload. Eventually it did, but the whole thing looked a complete farce to be honest. While the UK system is not perfect it's far better than what I saw last night.
If you look at the Aussie racing them seem to pony horses a lot and there are very few scratched runners. All the races go off almost perfectly on time as well and I think the Aussies do the better job of the three.