being in que

[SwedenJens]

Hi,

Usually when I get in que to get matched I take a screenshot of the ladder just as I enter the market so I know how much money there is in que before I'm up. But sometimes these numbers just don't make sense to me. Today when I entered the market there was 2K in que before my money. The matched column said 1,1 K had been matched so I note that down and waited for my turn. When the matched column says 3,1K my money should be next right? A while later I saw that 4K had been matched, but none of which was my money. How is that possible?

Thank you all and have a great weekend!

[marko236]

Yes a few traders have been talking about this, i think it can only be Betfair puting money in the market and que jumping, i could be wrong thou.

[LinusP]

None of your money will get matched till the amount matched is equal to 2x the amount in front of you, so in your case 4k.

But there is a lot of talk about xm affecting the queue but no one has any evidence so.....

[SwedenJens]

I would like to reopen this topic to see if anyone has any more details. I got in que where there was 5 K in front of my money, now another 10 K has been matched and I'm still not matched. How is this possible? I can only think of two options this can happend. First is that someone know a way to cheat the system and get your money up in the que, second is the Amount matched numbers are off and doesn't give you reliable information.

What do you think guys? Has anyone talked to Betfair about this?
I might do if no one here has the answer.

Thanks,
Jens

[Dallas]

If there was 5K in front on you then 10K would have to show as matched in the traded colum before it got yours, then there is the effect of x-matching which is where things become unclear if part of that matched 10K was down to x-matching in which case you could find yourself waiting till 12,13 or 14k had been matched before yours.
As far as i am aware betfair are still yet to give clear precise details of the workings of x-matching and the effects on traded volumes and which selection they show on etc hence mudding the waters further.
Its long been my opion that this has enabled there own traders the ability to nip in front in some situations without to much attension, it certainly creates the illusion thats what happens.

[SwedenJens]

Thanks Dallas

[Euler]

If there was 5K in front on you then 10K would have to show as matched in the traded colum before it got yours, then there is the effect of x-matching which is where things become unclear if part of that matched 10K was down to x-matching in which case you could find yourself waiting till 12,13 or 14k had been matched before yours.
As far as i am aware betfair are still yet to give clear precise details of the workings of x-matching and the effects on traded volumes and which selection they show on etc hence mudding the waters further.
Its long been my opion that this has enabled there own traders the ability to nip in front in some situations without to much attension, it certainly creates the illusion thats what happens.

Betfair have given me an explanation now, which I will post so you can try and make some sense of it.

[LeTiss]

Betfair have given me an explanation now, which I will post so you can try and make some sense of it.

That doesn't sound encouraging

I know there have been requests in the past for you to build PIQ into the software, but if it's as complicated as you're suggesting, It sounds like an absolute no-goer

[Dallas]

Betfair have given me an explanation now, which I will post so you can try and make some sense of it.

Thanks ill look forward to the coming headache

[SwedenJens]

Betfair have given me an explanation now, which I will post so you can try and make some sense of it.

Much appreciated! Can't wait.

[tricola]

Cross market cross matching is another beautiful loophole created to benefit bf traders and to cheat betfair customers. Peter Webb is great exchange ambassador, but as can be seen with all respect to Peter no one cares about him at bf and nothing will be done to stop this pathology.