US racing

The sport of kings.
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elcapitain
Posts: 45
Joined: Tue Feb 22, 2011 4:01 pm

Hi

Im just wanting to ask why there is not more money backing the US races?

It seems such a shame to let so many races go without "trading" them!?

Is Betfair active in the US?

The Cap.
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

Hi Elcapitain

It's because of the online gambling laws in the States - it's illegal to use Betfair over there.

Walk down the street carrying an AK47 - no problem! Place an online bet though, and you get arrested!

Funny old world... :? :lol:

Jeff
elcapitain wrote:Hi

Im just wanting to ask why there is not more money backing the US races?

It seems such a shame to let so many races go without "trading" them!?

Is Betfair active in the US?

The Cap.
elcapitain
Posts: 45
Joined: Tue Feb 22, 2011 4:01 pm

Yea that seems totally insane!

Not such the Land of the Free then!

The betting system in the US is totally different too, where they don't use odds or something.

Still, such a shame to let so many races go to waste!
andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

They are still perfectly tradeable.
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

They are, but anyone who is thinking of trading them should be aware that Betfair sometimes suspend them before the scheduled off...

Jeff
andyfuller wrote:They are still perfectly tradeable.
elcapitain
Posts: 45
Joined: Tue Feb 22, 2011 4:01 pm

Hi Andy,

Not for in-running traders.

Hopefully they will go in running at some point.

Betfair site has crashed as far as i can tell.
great!

The Cap
andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

Yes they are no use for IR but PR they are perfectly tradeable.
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

It's fine at my end - Have you tried logging out and logging back in again?

Jeff
elcapitain wrote: Betfair site has crashed as far as i can tell.
great!

The Cap
elcapitain
Posts: 45
Joined: Tue Feb 22, 2011 4:01 pm

The site is back now, been terrible all day, very sluggish.
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to75ne
Posts: 2439
Joined: Wed Apr 22, 2009 5:37 pm

sorry to resurrect this thread. is it my imagination, are the us races attracting more volume then this time last year?

messing around with a spread sheet earlier testing on us racing because of the frequency of races. there seemed to be quite large volumes coming in approx 90 or so secs before betfair suspended then last time i looked at them ( about 1 year ago).
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CaerMyrddin
Posts: 1271
Joined: Mon Sep 07, 2009 10:47 am

I occasionally trade them, and the volume has picked up a bit.
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

As a rule of thumb, which US meetings have sufficient volume to be tradable?

Thanks

Jeff
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to75ne
Posts: 2439
Joined: Wed Apr 22, 2009 5:37 pm

fingel lake 19:57 race7 several minutes ago had 53000 matched at suspend.

last at para 20:01 race 2 had 17750 matched at suspend.

earlier in the evening probably 2nd or 3rd at fingel lake i think it had over 120000 matched near to suspend, cant be sure as i was messing with excel, and i must have thought i was imagining it, but i was watching various races on and off, and quite a few had matched volumes at suspend in the range 15000 to 25000.
freddy
Posts: 1132
Joined: Sun Aug 01, 2010 8:22 pm

Ferru123 wrote:They are, but anyone who is thinking of trading them should be aware that Betfair sometimes suspend them before the scheduled off...

Jeff
To be fair to betfair Only usually because the race has been started before the scheduled off time.

thats just the way U.S racing is run.
corbus
Posts: 149
Joined: Mon Aug 10, 2009 10:27 am

What happens when one has placed a bet and the race gets suspended?

Thanks for any reply
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