At the time of writing (11 am), considerably more money has been matched on the first two English horse races of the day on Betdaq than on Betfair.
Are Betdaq still miles behind Betfair in terms of turnover, or are they becoming a viable alternative for traders?
Jeff
Are Betdaq catching up?
Not really, its normal for betdaqs early figures to be higher for some reason (remember the way betdaq calculate them always means they'll look higher than they are too) - watch a race just before the off and you'll find its still pretty weak I'm afraid
Interesting, thanks.
BTW, I don't think Betdaq do themselves any favours with their user-unfriendly interface... It would be great if you could click on a horse, and get the time on the x axis and the horse's decimal price on the Y axis. That would also be an improvement on Betfair's graph.
And why do they give you a link to Bestbetting, where you can see what prices everyone else is offering?!? It's a bit like a used car salesman saying 'Before you hand me your cash, let's go online and see what the dealership over the road is offering for the same make and model! We do want you to get the best deal out there, after all!'.
Jeff
BTW, I don't think Betdaq do themselves any favours with their user-unfriendly interface... It would be great if you could click on a horse, and get the time on the x axis and the horse's decimal price on the Y axis. That would also be an improvement on Betfair's graph.
And why do they give you a link to Bestbetting, where you can see what prices everyone else is offering?!? It's a bit like a used car salesman saying 'Before you hand me your cash, let's go online and see what the dealership over the road is offering for the same make and model! We do want you to get the best deal out there, after all!'.
Jeff
hgodden wrote:Not really, its normal for betdaqs early figures to be higher for some reason (remember the way betdaq calculate them always means they'll look higher than they are too) - watch a race just before the off and you'll find its still pretty weak I'm afraid
Hi Jeff
I wrote a BOT sometime ago that tracked the Betdaq price against the betfair price realtime..and to be honest they are 'almost' in sync..(I say almost because in-play there is slightly wider gap as you would imagine)
So i expect that a lot of the liquidity on betdaq will be indirectly provided by Betfair anyway..??
Regards
Peter
I wrote a BOT sometime ago that tracked the Betdaq price against the betfair price realtime..and to be honest they are 'almost' in sync..(I say almost because in-play there is slightly wider gap as you would imagine)
So i expect that a lot of the liquidity on betdaq will be indirectly provided by Betfair anyway..??
Regards
Peter
Thanks Peter, that's interesting.
Was the purpose of the bot to identify arbing opportunities? If so, was it often possible to lock in a guaranteed profit?
In what way does Betfair indirectly provide liquidity to Betdaq?
Jeff
Was the purpose of the bot to identify arbing opportunities? If so, was it often possible to lock in a guaranteed profit?
In what way does Betfair indirectly provide liquidity to Betdaq?
Jeff
PeterLe wrote:Hi Jeff
I wrote a BOT sometime ago that tracked the Betdaq price against the betfair price realtime..and to be honest they are 'almost' in sync..(I say almost because in-play there is slightly wider gap as you would imagine)
So i expect that a lot of the liquidity on betdaq will be indirectly provided by Betfair anyway..??
Regards
Peter
Hi Jeff,
yes it was mainly to look for arbing opps and indiv selections that had say; lay odds less than the corresponding back odds on the other platform.
Yes it was possible to make a guaranteed profit (but I wouldnt say often). this was one of the reason that I put this idea on the back burner (I need to 'spend' my 20/req wisely!) Running BA for Betfair, BA for Betdaq and two spreadsheets didnt leave much memory resource free either on the VPS so performance was degraded somewhat too. Overall I shelved it...but there will be people reading this who are making a profit! (Could probably name a few!!
)
By indirect liquidity I mean...betfair is the master and betdaq the slave. If a large order was placed on Betfair for example and there was an arb opportunity on betdaq, there would be a bet placed on betdaq to bring it back into sync.
regards
Peter
yes it was mainly to look for arbing opps and indiv selections that had say; lay odds less than the corresponding back odds on the other platform.
Yes it was possible to make a guaranteed profit (but I wouldnt say often). this was one of the reason that I put this idea on the back burner (I need to 'spend' my 20/req wisely!) Running BA for Betfair, BA for Betdaq and two spreadsheets didnt leave much memory resource free either on the VPS so performance was degraded somewhat too. Overall I shelved it...but there will be people reading this who are making a profit! (Could probably name a few!!
)By indirect liquidity I mean...betfair is the master and betdaq the slave. If a large order was placed on Betfair for example and there was an arb opportunity on betdaq, there would be a bet placed on betdaq to bring it back into sync.
regards
Peter