Bookmakers merging into one

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sadedu95
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sadedu95

Bookmakers merging into one
« on: June 07, 2019, 03:11:34 AM »

Anyone else notice how bookmakers odds are becoming closer to each other. Unibet mirrors bet365 now. Times really have changed
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neopas
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Re: Bookmakers merging into one
« Reply #1 on: June 07, 2019, 10:24:19 AM »

It is not an act of bookmakers per se, but rather the market forcing bookmakers to become more efficient. Arbers, traders, value bettors, etc are forcing the odds to become flat. Did you notice that over these last years the average % of an arb goes down year after year? That means that if you want to maintain the same profit you must use a bigger bankroll than before.
On the contrary, I see live events odds fluctuating more than pre-game and that means that chances are still there.
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Wolfie
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Re: Bookmakers merging into one
« Reply #2 on: June 07, 2019, 11:59:05 AM »

It is not an act of bookmakers per se, but rather the market forcing bookmakers to become more efficient.

Totally agree. There will come a time where all bookies are sharp. There will be only a small number of big players in smart gambling with high frequency trading, who will take small value with big stakes in small market inefficiencies.
« Last Edit: June 07, 2019, 12:00:52 PM by Wolfie » Logged
LazyBird
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Re: Bookmakers merging into one
« Reply #3 on: June 11, 2019, 04:00:09 PM »

I think the only way this could happen is if major bookmakers limit their event offering to higher tier tournaments/leagues and reduce their market offering, as Pinnacle does. Commercial bookies offering the plethora of markets they currently do will always as a result offer value for shrewd players.
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cumeke
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cumeke

Re: Bookmakers merging into one
« Reply #4 on: September 25, 2019, 04:07:43 PM »

I think the only way this could happen is if major bookmakers limit their event offering to higher tier tournaments/leagues and reduce their market offering, as Pinnacle does. Commercial bookies offering the plethora of markets they currently do will always as a result offer value for shrewd players.

Probably the same road that the stockmarket had with HFT. The humans will be replaced by bots.
That will increase efficiency as liquidity for the markets. A good thing except for arbers.
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