Anyone miss Matchbook?I've got half of my bankroll split between two exchanges and not three now and haven't found myself running low and passing up arbs Liquidity at Smarkets seems to have increased and I've had a very good last 2 days So Mike never came back - probably decided that arbers are not the sort of people Matchbook wants to attract anymore
Can someone here summarize very quickly the changes they made? So before it was 1 percent commission fee no matter what whether you posted the offer or accepted an offer. Now its 1.5%? Or its 1.5% if you accept an offer but 0.75% if someone accepts your offer?So assuming you always make offer and it gets accepted, this change is better. But if you accept offers half the time and others accept your offers half the time, then you are paying around 1.13% commission? And of course if you always accept offers, it cost 1.5 percent.So basically for almost everyone, this change is bad right? I mean, are there people that never accept an offer and always make offer which get accepted? I think this would be very rare right?
Hi thanks for the response. Yes so that means this is bad for everyone.This is what is strange. If there is 0.75% commission if you make these offers and it gets accepted, doesn't it do the complete opposite of what they say? Thus it would cause more customers to want to make offers instead of accept offers? In essence, more people would prefer to make offers instead since there is small commission? The other thing is if you make an offer, then you have to wait till someone accepts your offer. I mean, are there people that would do that the entire time? For example, if the odds change against you and your offer is there, then someone will accept your offer but you would get a worst line. I can't imagine someone posting an offer and then waiting until someone accepts it. The other thing is this. When pinnacle moves a line, why does matchbook lines seem to automatically move? Is it because its bots or something similar? Because if someone makes an offer on matchbook, then say odds on pinnacle changes, then that person would have to immediately remove their offer assuming the line got worst for them. And also when someone makes an offer on matchbook, let say the odds on pinnacle changes. Then this person did not remove their offer on matchbook. Why does their bet get accepted so quickly by another user? Are there users that are looking at lines and immediately accepting an offer when pinnacle moves the line? Because i notice this a lot. Wouldn't that mean there are bots that accepts offers? Because i cannot imagine a human being being able to do this. Thus matchbook offers immediately move when pinnacle line moves etc. Now if its other books, i understand that because i heard about those things. But how in the world does that happen on matchbook then?
Matchbook could give betfair a real run for their money if they put their commission rate to 1% net win. Even 1.5% net win would make them much stronger, but 1% net win would bring in the big boys overnight as Matchbook are safe and trusted, just too expensive and have the stupid pay commission on losing bets, which makes it impossible for traders to trade.
I wonder if that means they might be able to take on the almighty Smarkets after all?
Page created in 0.732 seconds with 36 queries.