Bookmakers merging into one
- sadedu95
- Has experience
- Karma: 22
Post
Bookmakers merging into one
Anyone else notice how bookmakers odds are becoming closer to each other. Unibet mirrors bet365 now. Times really have changed
- neopas
- Pro
- Karma: 47
Post
Re: Bookmakers merging into one
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.
On the contrary, I see live events odds fluctuating more than pre-game and that means that chances are still there.
- Wolfie
- Totally Pro
- Karma: 61
Post
Re: Bookmakers merging into one
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.neopas wrote: It is not an act of bookmakers per se, but rather the market forcing bookmakers to become more efficient.
Last edited by Wolfie on Fri Jun 07, 2019 11:00 am, edited 1 time in total.
- LazyBird
- Gaining experience
- Karma: 6
Post
Re: Bookmakers merging into one
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.
- cumeke
- Gaining experience
- Karma: 1
Post
That will increase efficiency as liquidity for the markets. A good thing except for arbers.
Re: Bookmakers merging into one
Probably the same road that the stockmarket had with HFT. The humans will be replaced by bots.LazyBird wrote: 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.
That will increase efficiency as liquidity for the markets. A good thing except for arbers.