Best Molly whitelabel (or direct?)

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ex-hft
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ex-hft

Best Molly whitelabel (or direct?)
« on: January 26, 2021, 09:54:35 PM »
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Hi all, and thank you for contributing to this lovely forum. I've been reading and learning a lot over the last few days.

As my username implies, I'm an ex-hft quant. I am in the process of exploring the smart betting space - it is very interesting, and has a lot in common with financial markets. If folks around here have any questions about how financial markets (and algorithmic trading) work - I will gladly help with that.

I have some basic sport betting strategies which I'm currently deploying at Pinnacle, but I'd like to expand to as many "winners welcome" bookmakers and exchanges (Sing, ISN, Penta88, Betfair, not sure who else is still around), and the consensus seems to be that one of the Molly white labels is the best way to go.

My two main considerations are:
- Access to liquidity, especially on the lower-tier leagues.
- Ease of API integration. Preferably by HTTP requests and not by message queues (some providers in this space have C#  SDKs which handle continuous communication - I don't like it).

So - who would you choose? Any reason to use Molly directly?

Thank you, and good luck with you gambling :)
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arbusers
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Re: Best Molly whitelabel (or direct?)
« Reply #1 on: January 27, 2021, 08:14:12 AM »
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Hello ex-hft and welcome to our forum.

Over the years we have seen many people jumping to betting from financial markets and vice versa. Some people are active in both fields. Allow me to comment a little bit on your fits post.

The ''winners welcome'' era is long time gone. Every sharp bookmaker and exchange has many strings attached and you should be very careful in determining if your kind of action is welcomed by them. You should of course search the forum for more, but very quickly I can say that Sing is notorious for voiding bets, Smarkets, Betfair and white labels might accuse you for a wide range of activities, Pinnacle doesn't like people who are smarter than their traders.

Mollybet will not cover all your needs as there is no lay option and not all markets are covered. But for sure Mollybet is a must have tool. You can read some more here: https://arbusers.com/index.php?topic=4355.0

In my opinion Mollybet is very picky to offer services to retail clients and most probably they will not answer or reject your request. Of course you can try and see on your own. At this point in time I would go for a Mollybet account through an agent for reasons that we scrutinised several times.
As for the API, these are tricky times and it would be better to have an answer directly from them, if you can.
Good luck.
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ex-hft
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ex-hft

Re: Best Molly whitelabel (or direct?)
« Reply #2 on: January 27, 2021, 02:05:28 PM »
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Thank you arbusers. Great point.
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Geronimo
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Re: Best Molly whitelabel (or direct?)
« Reply #3 on: February 15, 2021, 12:41:15 PM »
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Dear Ex-HFT,

did you buy the Mollybet API?

Was your programmer able to implement everything as desired?

If he's still working on it, what are the current challenges?


I wish you every success and keep my fingers crossed for a profitable implementation!
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ex-hft
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ex-hft

Re: Best Molly whitelabel (or direct?)
« Reply #4 on: February 15, 2021, 10:14:49 PM »
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Thank you.
The API looks simple enough, but we decided to postpone it by a couple of months and improve other aspects of our trading first, in order to make sure that we can hit the volume requirements.
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