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luctens
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Re: Matchbook

Tue Nov 01, 2016 3:01 pm

MaxShalamar wrote: When you look at a horse market and see £22/£23 liquidity for every horse alarm bells have to be ringing - is this fake money to attract bets? - is the book even balanced?

Image

Does that look normal to anyone?
What that looks to me is a market with very little liquidity and very little interest. A complete and utter mess.

There's a very obvious reason Matchbook don't post the amount traded figure of each market on their sites like all other exchanges, and that's because they would be extremely embarrassed with how they compare to the other exchanges.
luctens
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Re: Matchbook

Tue Nov 01, 2016 3:10 pm

MaxShalamar wrote: They lay liquidity is £23 for most horses - the liquidity of the next odds up is £67 on most horses - that looks fake and manipulated to me - is that real money offered by a real punter or just a contrived figure put in there by Matchbook?
I expect it is real money sitting there, whether that's from a real punter or an exchange bot or whatever. But the point is, compare their horse racing prices to Smarkets and pretty much all their prices are the same or worse than Smarkets and Matchbook charge higher commission on taking those prices than Smarkets do. So on Matchbook, it's same or worse prices with higher commission on top of that. So whether the money is fake or not, it doesn't make a jot of difference, as they still don't compete with Smarkets anyway so there's no reason to bet with them whether the money shown is fake or not.
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Ingarb3

Re: Matchbook

Tue Nov 01, 2016 3:37 pm

I think it's clear that Xanadu/Matchbook is targeting pros whereas Smarkets looks to attract "matched bettors"/bonus hunters.
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Re: Matchbook

Tue Nov 01, 2016 4:03 pm

MaxShalamar wrote: They lay liquidity is £23 for most horses - the liquidity of the next odds up is £67 on most horses - that looks fake and manipulated to me - is that real money offered by a real punter or just a contrived figure put in there by Matchbook?
I think the disastrous over/under market I got involved in at the weekend might have been bot money that froze the market. Either that or a trader messed up badly and manually froze everything.
luctens
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Re: Matchbook

Tue Nov 01, 2016 4:13 pm

Ingarb3 wrote: I think it's clear that Xanadu/Matchbook is targeting pros whereas Smarkets looks to attract "matched bettors"/bonus hunters.
What a load of complete and utter nonsense.

Smarkets are most definitely looking to attract professionals, they have said that is their main target market many times, but of course they are also looking to attract customers from all levels as well.

There are many "pros" on here that are arbing, and I expect the vast majority of them that in their wisdom were using Matchbook in any way before this will now be clearing off from Matchbook. That's a pretty dumb move in "targeting pros".

Hiking the commission by 50% for people who go on their site to take the price on offer isn't going to help them one bit in "targeting pros", in fact it will have a disastrously detrimental effect in attracting anybody at all of any level whatsoever to bet at their site.
Last edited by luctens on Tue Nov 01, 2016 4:17 pm, edited 1 time in total.
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Ingarb3

Re: Matchbook

Tue Nov 01, 2016 4:15 pm

You most definitely don't have a clue what you are talking about.
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Re: Matchbook

Tue Nov 01, 2016 5:43 pm

MaxShalamar wrote: When you look at a horse market and see £22/£23 liquidity for every horse alarm bells have to be ringing - is this fake money to attract bets? - is the book even balanced?

Image

Does that look normal to anyone?
It does look utterly abnormal and I think your speculation is spot on
luctens
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Re: Matchbook

Tue Nov 01, 2016 5:45 pm

Ingarb3 wrote: You most definitely don't have a clue what you are talking about.
I most certainly know exactly what I'm talking about. And as you are not elaborating at all on the comment you've made, that very clearly shows that you don't have a proper answer to any of the points I've raised.
Last edited by luctens on Tue Nov 01, 2016 5:48 pm, edited 1 time in total.
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Re: Matchbook

Tue Nov 01, 2016 5:52 pm

luctens wrote:
Ingarb3 wrote: You most definitely don't have a clue what you are talking about.
I most certainly know exactly what I'm talking about. And as you are not elaborating at all on the comment you've made, that very clearly shows that you don't have a proper answer to any of the points I've raised.
I do not wish to educate you from now on. You are absolutely clueless on many of the topics you comment on. Any newbies should most certainly take your advice with caution.
luctens
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Re: Matchbook

Tue Nov 01, 2016 5:58 pm

Ingarb3 wrote:
luctens wrote:
Ingarb3 wrote: You most definitely don't have a clue what you are talking about.
I most certainly know exactly what I'm talking about. And as you are not elaborating at all on the comment you've made, that very clearly shows that you don't have a proper answer to any of the points I've raised.
I do not wish to educate you from now on. You are absolutely clueless on many of the topics you comment on. Any newbies should most certainly take your advice with caution.
I most definitely do not need "educating" by you, and I am most certainly not "clueless", I know exactly what I'm talking about. I have made some extremely common sense points regarding Matchbook, which you say you don't agree with, but you won't elaborate and give a proper answer on any of the points that you say you disagree with, so if anybody is "clueless", then it is most definitely you.
Last edited by luctens on Tue Nov 01, 2016 6:04 pm, edited 1 time in total.
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Re: Matchbook

Tue Nov 01, 2016 6:17 pm

Great,one more excuse to use Smarkets most of the time than Matchbook.I hade their awful site design vs the Smarkets minimal design.Smarker's one search bar and thats it! I want to bet on Torino,i press "tor..." and then automatic the match displays in a dropdown list in the middle of my screen! Much easier commition system,just a flat 2% if you win,instead of matchbook formula of "1*2^3 if a or 1+5/100 if b or 1-256 if c" and WTF!!!! Thanks Matchbook for making my decision a lot easier,god bless you!!! :)
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Re: Matchbook

Tue Nov 01, 2016 6:29 pm

MaxShalamar wrote: @Bubbles

It is a little strange - If you take the £23 - the odds go out to the next price and a few seconds later there is another £23 there - there is only real movement of odds in the 15-20 minutes before the race when I suppose anyone mad enough to trade at Matchbook jumps on
It's just even stronger confirmation that your initial speculation was right, isn't it? Or, someone's bot went crazy which happens :)...
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Re: Matchbook

Tue Nov 01, 2016 6:35 pm

MaxShalamar wrote: Spot on - who else would charge you commission if you lose? - just makes things way too complicated to try and work out a commission in the calculator that covers both scenarios

I've got better things to think about

I wonder if Mike will be back? - obviously someone invited them to comment because just turning up a day after we complain about the rise is even more of a coincidence than the liquidity on their markets :D
Maybe they have made a deal with Smarkets to send them more costumers to make Smarkets bigger ,to counter Betfair!!  ;D
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Re: Matchbook

Tue Nov 01, 2016 6:40 pm

MaxShalamar wrote:
Bubbles wrote:
MaxShalamar wrote: @Bubbles

It is a little strange - If you take the £23 - the odds go out to the next price and a few seconds later there is another £23 there - there is only real movement of odds in the 15-20 minutes before the race when I suppose anyone mad enough to trade at Matchbook jumps on
It's just even stronger confirmation that your initial speculation was right, isn't it? Or, someone's bot went crazy which happens :)...
You see it on every horse market every day - someone's bot needs an exorcist :D
Spot a really crazy one and it's printing money :D
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Re: Matchbook

Wed Nov 02, 2016 12:01 pm

haha how did it get into the negative that is just absurd

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