lets move to Betdaq

The purple place, the most viable alternative to the Betfair exchange
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Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

Enzabella - That's a shame. I enjoy your posts, and I'm able to understand what you write.

Hopefully, you'll be writing 'Veni, vidi, vici' about Betdaq when you return! :)

Jeff
enzabella2009 wrote: I am going to give up posting...I have just moved to Milan and I promise I am going to book an english course, so when betdaq will introduce the PCs I can tell you precisly what I meant today.
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

Hi Freddy

Maybe it's just my style of trading (I'm mainly a trend trader, and don't really use WOM), but I've found them a bit challenging.

But it's something I'll work on, as I want to be able to get something out of all market conditions.

Jeff
freddy wrote: Jeff In Low liquidty markets like the USA racing,
like you say the odds jump around alot.

but why carnt you take advantage of this ?,

you can fill the gaps or put up a few positions a long way off the pace and hope to get matched.
Just don't get sucked into chasing the odds up or down.
enzabella2009
Posts: 747
Joined: Tue Nov 03, 2009 3:58 pm

You mean Tradi beti dagi jeff?.... :lol: :lol: :lol: ciao
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

Thanks Steve

The challenge I have in such markets is:

A. How do I decide when to cut my trade when the market moves against me, and when to wait for it to come back to me? What are the criteria?

B. Not knowing where my edge is. With strategies that let the market run, it's easy to see where your edge lies - it comes from market over-exuberance. But when you're aiming for x ticks, it's less clear (to my small brain, at least!). And unless I know where my edge is coming from, it's hard to know if I'm applying the technique correctly...

Jeff
mugsgame wrote:Here's one Jeff

http://www.youtube.com/watch?v=IaKkKbGCn2M
freddy
Posts: 1132
Joined: Sun Aug 01, 2010 8:22 pm

enzabella2009 wrote:1) Im not looking for free tips
2) I don`t need trading courses
3) I am not cynical
4) I am not whinging
5) fortunaly I dont buy any IKEA products
6) I am not advising people not to move to betdaq.

I am going to give up posting...I have just moved to Milan and I promise I am going to book an english course, so when betdaq will introduce the PCs I can tell you precisly what I meant today.
Your English is fine, but you are being a bit cynical it seems,

your saying that in a few years Betdaq could go the same way as Betfair,
well yes of cause it could, everyone already knows that.

but there is nothing you can do about that.
what are you suggesting we all do ? give up now so it doesn't happen :)
Last edited by freddy on Wed Jul 06, 2011 6:32 pm, edited 1 time in total.
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LeTiss
Posts: 5483
Joined: Fri May 08, 2009 6:04 pm

Ferru123 wrote: The challenge I have in such markets is:
With the amount of time you spend on this forum Ferru, every market must be challenging :lol:
freddy
Posts: 1132
Joined: Sun Aug 01, 2010 8:22 pm

:lol:


only my personal opinion Jeff but in the very low liquidity markets, im not trying to predict where the odds are going, im just trying to get matched at the best odds i can.

on the us racing for example it's not uncommon for me to get to get a back bet matched at say 3.4 and a second later a lay at 3.0 or lower. there are some huge gaps to fill sometimes.

when the spread is closer together like on uk racing your just scalping really and you have to obviously be more careful if it goes against you and get out quick.
andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

LeTiss 4pm wrote:
Ferru123 wrote: The challenge I have in such markets is:
With the amount of time you spend on this forum Ferru, every market must be challenging :lol:
Post of the day :lol:
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Euler
Posts: 26426
Joined: Wed Nov 10, 2010 1:39 pm

It's possible to make money on both, to different extents, but 60% is quite a leveller you have to agree. But on a much broader basis it just makes long term sense to have a competitive market. Without it, I am sure we can all see clearly now what the future could be.
steven1976
Posts: 1744
Joined: Tue Jan 19, 2010 6:28 am

Hopefully for the software updates betangel dont get the hard sell.from a.good.sales.man at their develolment company saying it will take months to justify their price. Ive seen another trading platform who have already shown videos showing they updated theirs very quick. Whilst not being a techy person I would imagine an update to the software would not be.much more than a couple of.data fields updated from betfair?
steven1976
Posts: 1744
Joined: Tue Jan 19, 2010 6:28 am

Enzabella, you shouldnt get upset. People will make their own minds up what to do and whether to follow to betdaq.You should decide what is best to give you an edge.
Bet Angel
Bet Angel
Bet Angel
Posts: 4031
Joined: Tue Apr 14, 2009 3:47 pm

steven1976 wrote:Hopefully for the software updates betangel dont get the hard sell.from a.good.sales.man at their develolment company saying it will take months to justify their price. Whilst not being a techy person I would imagine an update to the software would not be.much more than a couple of.data fields updated from betfair?
The vast majority of the code base has changed since the two peices of software were originally in sync. You can see from the threads on the software that there are big differences between the two. There are three years worth of code changes to look at and some of the Betfair stuff just doesn't fit onto Betdaq, its a square peg in a round hole thing. It's a big job and one that has to be paid for somehow. I'ts not just a case of changing a couple of data feeds.

We were the first vendor to release Betdaq software at quite big risk at that time and off our own back. So please give us credit for doing that. We are conscious that if we are going to do something, we need to do it properly not just bodge something up.

As you are aware, we have software that is free and fully compatible with Betdaq already which people can use immediately. This has been been authorised and tested by Betdaq. It's not as though people have nothing to use at the moment while we look at an updated version.

You will be interested to know that despite all the fuss around the PC and the fact we have free software available already for Betdaq, we have seen very little increase in Betdaq registrations, but Betfair registrations are as strong as ever.
andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

Bet Angel wrote:You will be interested to know that despite all the fuss around the PC and the fact we have free software available already for Betdaq, we have seen very little increase in Betdaq registrations, but Betfair registrations are as strong as ever.
More like disappointed to know :(
steven1976
Posts: 1744
Joined: Tue Jan 19, 2010 6:28 am

I give betangel every credit as its by far the best and most complete package out there. My point being was the platform is already built and therefore I presumed the platform would be able to plug into the api without to many head aches for betangel even though your developers may give the hard sell. For me it doesnt affect me as I will continue with betfair as I am not affected by the charges.
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