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Which Exchange to choose?

Info about betting exchanges.
AlexNotman1
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Re: Which Exchange to choose?

Fri Jan 07, 2022 5:52 pm

Anyone used piwi recently? Dafaq is this all about, anyone even agree for such conditions?

"Please be informed that 2.5% commission tax will be applied to PiwiXchange winning bets and our upline requires daily checking of bets placed on their platform. Should there be fraudulent activity or irregular betting pattern found in your account; PIWI247 have the right to close your account and forfeit your balance.have the right to close your account and forfeit your balance.

Forfeit the balance because of irregular betting pattern? Cmon, loads of people are accused for "irregular betting patterns" by Sing or SBo lately, Im sure piwi wont provide any evidences and its up to them completely if they like your bets or not so they can forfeit any balance they want. Pure theft imo, 1xbet behaviour imo.
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Re: Which Exchange to choose?

Sat Jan 08, 2022 10:11 am

Anyone use fair exchange lately? Doing my own research and cannot find any broker who offer Fair, Fair websites doesnt work for me...
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arb12
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Re: Which Exchange to choose?

Sat Jan 08, 2022 4:20 pm

A reliable Exchange in the portfolio is a must for a pro or a semi-pro player.

In the past, the leader Betfair Exchange seemed no rogue, not many own bots seeded although was clear, that TSE and relatives were liquidity makers there in some markets. Personally, in many markets with extremely huge liquidity, such as IPL, PSL, CPL, Tests Internationals, T20 Internationals, One-day cricket Internationals (50 overs), English Blast T20 and many many more, I've had the possibility to make turnovers regularly during in-play, to make a turnover in a single event let's say 10 times till 50 times of my capital via triggered by my model hedge operations. Partially, this was in effect when it comes to high liquidity soccer, NBA, Major Tennis, The Aussie Rules and so on. No problems at all were noticed. I hadn't suffered a rogue situation. Seems like a participant in a financial market with some leverage applied, except margin call against me.

In a single bookie "multiplication" of the money for wagering purposes wasn't possible, the money was locked till the settlement by them!

By the way, I've remembered many events especially IPL every match in the main market (Moneyline) noticed regularly at the end of the event like circa a 100 million turnover in Betfair, or something. Almost every single match! In the early years something like 18-20-25 million and year by year the liquidity was raised steadily. Not to mention the additional markets on the given event.
I've just remembered single events like Aussie vs England or India vs Pakistan, matched circa 150 million, WOW!

Golden days are gone, Betfair became greedier, the business operations about Paddy Power, Poker Stars, TVG Horses, FanDuel, Sky etc combined with their departure many of the markets outside UK, plus their multibot operations and pumping liquidity changed the picture. Several years ago were started events like unseen early voided positions, frozen accounts, "investigations" and so on. Multiplying the greedy and shady Betfairs' white labels worsened that. They seem to me like dark pools in terms of finance.

When I have participated in Betfair Exchange Horse markets, tended to distinguish and to build my own models on every liquidity market - UK, Ireland, Australia. Every one of them had its own "character" and was like no other. Almost built the model for the very strange non-liquidity US horse markets.

If someday the Genius Mr. Makos register here in the forum, may comment on such things. We all will be extremely grateful for that.

But they removed LAY options years ago and Betfair more clearly seems like a market maker.

Long story short - ECN-like markets in Betfair 15-20 years earlier much more turned like Market Makers' ones. Wonder if some privileged participants are seeded in "Pool A" and have some protections of harm by market makers or not?

Years ago, one of the four agents here in that site offered the services of one of the White Labels and in a very intelligent way find how not to take a position versus the Client. Big Thanks to that provider! Seems like many of the clients didn't estimate properly that. Seems like the White Label also wasn't happy. That almost harmless for the Client service, provided by that provider regardin' that White Label, no longer exists.

Most of the White Labels are generally greedy, position-taking vs customers behavior is mandatory when using them, be cautious if using them.

Smarkets and Matchbook... Pure market makers at their best like Dealing desk brokers, taking positions vs their Customers, winners NOT welcome at all. Nobody helps you if harmed. Lured many participants and confiscated funds were reported.


Betsson shut down their exchange years ago, sorry for that.

A curious case for me is BETDAQ now. Nowadays I have no direct access to their services. Generally, they have a much smaller portfolio of markets and much bigger margins than Betfair, but there's no Premium charge and similars. From time to time, when calculated properly from our side, arise situations when their services are much better to use or simply to hedge with them. The founder sold them to Ladbrokes, merged by BWIN, becoming part of the Entain's portfolio. Years under their governance they had stayed still attractive in some markets, if properly calculated.

My questions to UK and Irish participants - The BDAQ Founder recently purchased them again, and is there a change in their politics against customers or intention for that?
Thanks.
bettor069
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Re: Which Exchange to choose?

Sat Jan 15, 2022 3:51 pm

Can anyone who has actually used PIWI give feedback? Are they reliable? Which agencies offer it?
BackDoor
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Re: Which Exchange to choose?

Sun Jan 16, 2022 6:01 pm

arb12 wrote:
Sat Jan 08, 2022 4:20 pm
A reliable Exchange in the portfolio is a must for a pro or a semi-pro player.

In the past, the leader Betfair Exchange seemed no rogue, not many own bots seeded although was clear, that TSE and relatives were liquidity makers there in some markets. Personally, in many markets with extremely huge liquidity, such as IPL, PSL, CPL, Tests Internationals, T20 Internationals, One-day cricket Internationals (50 overs), English Blast T20 and many many more, I've had the possibility to make turnovers regularly during in-play, to make a turnover in a single event let's say 10 times till 50 times of my capital via triggered by my model hedge operations. Partially, this was in effect when it comes to high liquidity soccer, NBA, Major Tennis, The Aussie Rules and so on. No problems at all were noticed. I hadn't suffered a rogue situation. Seems like a participant in a financial market with some leverage applied, except margin call against me.

In a single bookie "multiplication" of the money for wagering purposes wasn't possible, the money was locked till the settlement by them!

By the way, I've remembered many events especially IPL every match in the main market (Moneyline) noticed regularly at the end of the event like circa a 100 million turnover in Betfair, or something. Almost every single match! In the early years something like 18-20-25 million and year by year the liquidity was raised steadily. Not to mention the additional markets on the given event.
I've just remembered single events like Aussie vs England or India vs Pakistan, matched circa 150 million, WOW!

Golden days are gone, Betfair became greedier, the business operations about Paddy Power, Poker Stars, TVG Horses, FanDuel, Sky etc combined with their departure many of the markets outside UK, plus their multibot operations and pumping liquidity changed the picture. Several years ago were started events like unseen early voided positions, frozen accounts, "investigations" and so on. Multiplying the greedy and shady Betfairs' white labels worsened that. They seem to me like dark pools in terms of finance.

When I have participated in Betfair Exchange Horse markets, tended to distinguish and to build my own models on every liquidity market - UK, Ireland, Australia. Every one of them had its own "character" and was like no other. Almost built the model for the very strange non-liquidity US horse markets.

If someday the Genius Mr. Makos register here in the forum, may comment on such things. We all will be extremely grateful for that.

But they removed LAY options years ago and Betfair more clearly seems like a market maker.

Long story short - ECN-like markets in Betfair 15-20 years earlier much more turned like Market Makers' ones. Wonder if some privileged participants are seeded in "Pool A" and have some protections of harm by market makers or not?

Years ago, one of the four agents here in that site offered the services of one of the White Labels and in a very intelligent way find how not to take a position versus the Client. Big Thanks to that provider! Seems like many of the clients didn't estimate properly that. Seems like the White Label also wasn't happy. That almost harmless for the Client service, provided by that provider regardin' that White Label, no longer exists.

Most of the White Labels are generally greedy, position-taking vs customers behavior is mandatory when using them, be cautious if using them.

Smarkets and Matchbook... Pure market makers at their best like Dealing desk brokers, taking positions vs their Customers, winners NOT welcome at all. Nobody helps you if harmed. Lured many participants and confiscated funds were reported.


Betsson shut down their exchange years ago, sorry for that.

A curious case for me is BETDAQ now. Nowadays I have no direct access to their services. Generally, they have a much smaller portfolio of markets and much bigger margins than Betfair, but there's no Premium charge and similars. From time to time, when calculated properly from our side, arise situations when their services are much better to use or simply to hedge with them. The founder sold them to Ladbrokes, merged by BWIN, becoming part of the Entain's portfolio. Years under their governance they had stayed still attractive in some markets, if properly calculated.

My questions to UK and Irish participants - The BDAQ Founder recently purchased them again, and is there a change in their politics against customers or intention for that?
Thanks.

Hi,

Nice Post.

Betdaqs horse racing liquidity is very decent and I have it on good authority they will be significantly expanding their accepted territories list after their recent move to independence.

You're correct re the other two regulated exchanges that they're glorified bookmakers. Betdaq is the most viable alternative to Betfair in terms of safe, secure exchange betting.
Samuel Ferreira
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Re: Which Exchange to choose?

Thu Feb 24, 2022 12:36 pm

bettor069 wrote:
Sat Jan 15, 2022 3:51 pm
Can anyone who has actually used PIWI give feedback? Are they reliable? Which agencies offer it?
Last week on Friday, I made a deposit of 200 euros with Piwi, which was credited to my account within around an hour. On registration I entered the Promo code and was waiting to receive the 30% bonus. The bonus was not added so I replied them back with question regarding it, but no answer. On Sunday, I sent another email asking about bonus but also no answer. It has been almost 1 week now and nobody is replying. Seems like I’ve been tricked into making a deposit, but no bonus offered.
AlexNotman1
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Re: Which Exchange to choose?

Thu Feb 24, 2022 3:05 pm

Seriously I cannot understand how on earth people even consider depositing money there when they clearly state in their terms and conditions that they can confiscate your money if they dont like your betting pattern. No details included so they may do that for any reasone they like. Its even worse than 1xbet, I dont remember they reserve a right to confiscate customers money under such circumstances.

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