When people talk about 'move to betdaq' it seems to be always taken as 'move lock stock and barrel'. Why not just move for football or other markets where lower liquidity is not an issue. Horse racing is an issue as there just isn't the liquidity for people to trade as they do on BF but the other markets aren't that much of an issue.
If people were prepared to do this then the liquidity would improve in these markets and start to lower on BF who would start to notice and might change their attitude.
All those trading football just move over to betdaq, keep BF (when it's working lol) for the horses. Little by little.
Betfair Down / Betfair site crash
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AReasonedView
- Posts: 36
- Joined: Wed Aug 12, 2009 9:27 pm
mickey,
I'm a big football trader (mainly) + horses secondary - we need big liquidity too! - football trading isn't just backing say 0-0 for a few quid & trading out or some other strategy - there is just no money on betdaq for football - much of it is dummy money too - I've tried it - if I worked solely on Betdaq football - I'd probably make £10 a week - on here I can do 100 x that if I play my cards right.
ARV.
I'm a big football trader (mainly) + horses secondary - we need big liquidity too! - football trading isn't just backing say 0-0 for a few quid & trading out or some other strategy - there is just no money on betdaq for football - much of it is dummy money too - I've tried it - if I worked solely on Betdaq football - I'd probably make £10 a week - on here I can do 100 x that if I play my cards right.
ARV.
No worries LeTiss. I probably cam across wrong, scalping horses pre race you need money flowing in at a fair rate of knots. Scalping the same market on betdaq is virtually impossible as the money just isn't there. With football not everyone trades football with 3 or 4 figure sums, if you're trading with less than £100 you generally do not need 10's of thousands in the market to trade out. Scalping football for a tick or 2 then yes more money is better but if you trade with the view of getting out after a goal or 2 then it's less of a problem. Suppose it depends on how you trade and with how much.LeTiss 4pm wrote:Without being rude, that's the biggest load of rubbish I've read for a while.mickey wrote: Why not just move for football or other markets where lower liquidity is not an issue.
What's your definition of a normal football trade then?
I got out on football trades on Betdaq today,
you have to take some relly crappy prices to get even a few hundred quid matched, if not you have to wait a long long time to get matched and time = large risk.
It's a hell of alot better than just letting you bets ride when bf goes down, but thats about it, it would be a nighmare using largeish stakes on there full time .
you have to take some relly crappy prices to get even a few hundred quid matched, if not you have to wait a long long time to get matched and time = large risk.
It's a hell of alot better than just letting you bets ride when bf goes down, but thats about it, it would be a nighmare using largeish stakes on there full time .
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oddstrader
- Posts: 344
- Joined: Fri Apr 16, 2010 4:55 pm
Just logged on to BF (17.27)and it's still defunkt , suspending markets 10 minutes out. Longest downtime I can remember for them
on slower moving markets, is it worth considering splitting your stakes between BF & BD, would it be feasible to put say 90% stakes into BF and 10% of your stakes into BD? Then as/if BD liquidity improves, gradually migrate the stakes from favouring BF for BD?
... just a thought, not sure how feasible it is
... just a thought, not sure how feasible it is
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cambalache
- Posts: 14
- Joined: Mon Oct 26, 2009 8:30 pm
betfair has become a joke but they are having the last laugh, thats what monopoly does for the customers in any industry, is there a way to strengthen betdaq and wbx if it is still alive? it will be the only way to get free of the bf shakles
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MichaelLennox
- Posts: 2
- Joined: Tue Dec 21, 2010 9:35 pm
Manchester Just scored can I trade? no. What is betfair playing at? It's been down or with reduced service for over 4 hours now. Systems do go down but at the level these guys play at it should be better.
M
M
You will be pleased to know that all Betfair's resent problems were sorted out as of yesterday 
http://www.theregister.co.uk/2011/03/11 ... ems_fixed/
http://www.theregister.co.uk/2011/03/11 ... ems_fixed/
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andyfuller
- Posts: 4619
- Joined: Wed Mar 25, 2009 12:23 pm
What you need is the punters to move - problem is the outages rarely effect the punters. This outage will have done though.
If you don't get the punters to move and tbh who can blame them for not moving, they can get their bets on at BF normally without any issue, you can forget traders moving as we need punters. Yes the punters need the traders to get on but I think we need them to move more.
If you are a small trader and I mean small I do think BD could be an option and likewise for a smallish punter BD liquidity for a lot of the time will be fine. If I was just playing at trading I would be over at BD but I can't get the stakes needed to be matched to make my money matched there.
I can't afford to take the drop in earnings so I like most FT traders are stuck with Betfair.
I don't see anything changing anytime soon but I would suggest small traders and punters try Betdaq as I think you stand a better chance of making money there a lot of the time but if you plan to grow your trading I can see why you wouldn't want to try Betdaq.
Also someone said earlier about financial institution have their back ups - well the London Stock Excahnge have suffered two major outages of late and they didnt have back ups.
If you don't get the punters to move and tbh who can blame them for not moving, they can get their bets on at BF normally without any issue, you can forget traders moving as we need punters. Yes the punters need the traders to get on but I think we need them to move more.
If you are a small trader and I mean small I do think BD could be an option and likewise for a smallish punter BD liquidity for a lot of the time will be fine. If I was just playing at trading I would be over at BD but I can't get the stakes needed to be matched to make my money matched there.
I can't afford to take the drop in earnings so I like most FT traders are stuck with Betfair.
I don't see anything changing anytime soon but I would suggest small traders and punters try Betdaq as I think you stand a better chance of making money there a lot of the time but if you plan to grow your trading I can see why you wouldn't want to try Betdaq.
Also someone said earlier about financial institution have their back ups - well the London Stock Excahnge have suffered two major outages of late and they didnt have back ups.
I agree, people allways ask why all traders / inplay players don't organise a move over to Betdaq.
But It's just not that simple, it has been tried many many times and failed.
what Betdaq actually needs is more punters
but the problem is there is no reason at all for punters to use Betdaq.
Outages don't cost them money, they don't pay the P.C,
and there is better liquidity and more markets at BF.
WE are stuck and there is nothing we can do about it really.
Guess we just have to use Betdaq when it's possible to use it and hope in time things change.
But It's just not that simple, it has been tried many many times and failed.
what Betdaq actually needs is more punters
but the problem is there is no reason at all for punters to use Betdaq.
Outages don't cost them money, they don't pay the P.C,
and there is better liquidity and more markets at BF.
WE are stuck and there is nothing we can do about it really
.Guess we just have to use Betdaq when it's possible to use it and hope in time things change.
I saw Betfair grow from nothing to the sort of volumes you see now and it's a symbiotic relationship IMHO.
Early on in Betfair's history there was no volume at all and the market was gappy and prices large. It was only when people started botting it did the spread narrow and volumes increase. This brought with it bigger punters and new strategies that took advantage of these characteristics. The two then accelerated rapidally. Therefore I think you need both to be in the market to make it work and grow.
It's fine saying, there is no money there, but if nobody puts anything there then nothing happens. So putting a little there may set off the same upward spiral that occured on Betfair. At the moment Betfair view this liquidity as one of their biggest competitive advantages and it would terrify them if another exchange started to gain momentum. Currently their policies point to the fact that they don't think this will happen any time soon.
Early on in Betfair's history there was no volume at all and the market was gappy and prices large. It was only when people started botting it did the spread narrow and volumes increase. This brought with it bigger punters and new strategies that took advantage of these characteristics. The two then accelerated rapidally. Therefore I think you need both to be in the market to make it work and grow.
It's fine saying, there is no money there, but if nobody puts anything there then nothing happens. So putting a little there may set off the same upward spiral that occured on Betfair. At the moment Betfair view this liquidity as one of their biggest competitive advantages and it would terrify them if another exchange started to gain momentum. Currently their policies point to the fact that they don't think this will happen any time soon.
I don't disagree Peter, but you seem remarkably calm about it
I've started to get quite spiteful about them. I work many hours to turn in my trading profits, so when BF inflict a PC on me it's hard to take. But when they give the appalling reliability, and even more appalling customer service in return for my money, I struggle to keep a lid on my resentment
I've started to get quite spiteful about them. I work many hours to turn in my trading profits, so when BF inflict a PC on me it's hard to take. But when they give the appalling reliability, and even more appalling customer service in return for my money, I struggle to keep a lid on my resentment