Matchbook: mandatory, but DAMN they need to improve software for live betting

losturmarbles · 05-30-09, 11:24 PM

i guess they could come up with something that would recognize that your offer is way under the current odds, but really is this that big of a problem?

justin there is a "Use Bet Confirmation" under settings, do you have the confirm turned off?

onthewhat · 05-30-09, 11:26 PM

That sucks

InTheHole · 05-30-09, 11:31 PM

No such thing as a bad line at Matchbook. I think there is and would send out a request for support Justin

InTheHole · 05-30-09, 11:34 PM

http://forum.sbrforum.com/players-talk/133932-matchbook-just-cancelled-my-bet-give-your-opinions.html

j0hnnyv · 05-30-09, 11:40 PM

justin that sux. i know what you mean, when you are thinking of how the odds are offered the opposite of what you want it can confuse u. before you put in the bet there is 1 button you have to click before its offically offered....

read that thread above, maybe you can get matchy to give it back.

Justin7 · 05-30-09, 11:47 PM

InTheHole,

Matchbook's rules are very clear (and fair) about live betting. If it's accepted during live betting, even +2000 vs -2000 is valid. This is why you have so many lurkers waiting for mistakes.

While the rules are fair, they discourage market making for live betting. I'm more worried about future betting than the $650.

losturmarbles · 05-30-09, 11:52 PM

justin youre being a little misleading here

if you make an offer of -2000 and +1400 is on the board, you get +1400

if you make any offer below the highest offer already on the board, you automatically get the highest offer.

Justin7 · 05-30-09, 11:55 PM

Originally posted by losturmarbles

justin youre being a little misleading here

if you make an offer of -2000 and +1400 is on the board, you get +1400

if you make any offer below the highest offer already on the board, you automatically get the highest offer.

You get +1400 for the the limit, then +1300, then +900, then -100, then -500, then -1200. At least if there are sufficient bullshit offers.

I think my lowest accepted offer was at -150 (the bullshit offers beyond that were too much). But the problem remains, only the actual damage is unknown.

InTheHole · 05-30-09, 11:57 PM

Originally posted by Justin7

InTheHole,

Matchbook's rules are very clear (and fair) about live betting. If it's accepted during live betting, even +2000 vs -2000 is valid. This is why you have so many lurkers waiting for mistakes.

While the rules are fair, they discourage market making for live betting. I'm more worried about future betting than the $650.

I see...I don't play there but I have tested the interface and I can see how easy it would be to make a mistake. Send them the suggestion and see what happens...you sure aren't the first.

Fiasco · 05-31-09, 12:07 AM

I made my first mistake with matchbook when the nuggets won by 19 the other night...

it was at half time, and I had just gotten home and went to put in my 2h bet on denver with about a minute before the line went off the board... needless to say, I clicked LA instead of Denver (don't know how, don't even remember it)... I quickly, without even realising my mistake, then shut my computer down and went to a friends to watch the rest of the game... came home a couple of hours later thinking I had just won 100 bucks and to my chagrin discovered my bet was on LA...

I am still upset with myself for letting something like that happen...

that was one of the worst feelings I've felt gambling (choosing the winning side, rooting for that side the entire half only to find out you had really selected the otehr side...)

so I can somewhat relate...

even though my mistake was worse

ijustwant2bpaid · 05-31-09, 12:20 AM

I think Justins 650 dollar mistake was worse.. Bodogs live betting is set up w/o confirmation also. I think they do this because lines are so quick to go up and come down but I wonder if maybe there is an option to make confirmation possible somewhere?.

Justin7 · 05-31-09, 12:31 AM

There is a confirmation. But when you're flying on live, you keep clicking green without reading.

RogueJuror · 05-31-09, 04:58 AM

Oh yeah there are folks catering mistake odds, but its the equivalent of picking up thrown away tickets from the floor at an OTB. Not worth it, I wouldn't bother with it.

Frank · 05-31-09, 09:22 AM

Sadly, I won't do any more live betting at Matchbook until they have *some minimal* player protection against "live odds screwup catchers".[/quote]

If that were to happen, that would open a whole new can of worms with "bad line" arguments.

I'm sure that is not anything an exchange would want to do.

Justin7 · 05-31-09, 09:31 AM

Originally posted by Frank

Sadly, I won't do any more live betting at Matchbook until they have *some minimal* player protection against "live odds screwup catchers".

If that were to happen, that would open a whole new can of worms with "bad line" arguments.

I'm sure that is not anything an exchange would want to do.[/quote]

I understand the "bad line" problems when there is no defined market.

What about a pop-up window requiring an extra confirmation if you're making an offer that is 2% or more worse than what's already out there? I.E. If +100 is available on the other side, and I offer -104 (which will auto take the +100, +101, +102, +103 and +104s)?

Frank · 05-31-09, 10:39 AM

That would be a good idea but if you have both sides of a market at bad numbers (not too uncommon in live betting) then the popup would also have way off numbers.

While they are at it, why can't they have a "My Markets" option where if I have 3 offers in 3 different sports, I can put them all on the same page to monitor them rather than having to switch back and forth non-stop between sports.

bleedblue · 05-31-09, 12:03 PM

Originally posted by Justin7

If that were to happen, that would open a whole new can of worms with "bad line" arguments.

I'm sure that is not anything an exchange would want to do.

I understand the "bad line" problems when there is no defined market.

What about a pop-up window requiring an extra confirmation if you're making an offer that is 2% or more worse than what's already out there? I.E. If +100 is available on the other side, and I offer -104 (which will auto take the +100, +101, +102, +103 and +104s)?[/quote]

Justin, I understand your being upset about it as I have personally done it 3-4 times, but I don't like this specific solution much because of the constant volatility of live-betting. I don't want an extra confirmation that will take another second because the markets are often off by way more than 2%, and that extra second can be the difference.

So building off of your idea, how about an optional setting (similar to the bet confirmation button) that will require an additional confirmation if a bet is off of X% of the best offer out there. The X amount would be adjustable by the user.

If this is even a feasible solution for matchbook, this wouldn't protect you against a market where there are no legit offers.

Shifty · 05-31-09, 05:02 PM

Almost made a similar mistake at the old Tradesports. A warning appeared telling me my bet was far away from the market price. Matchbook should program their software to do the same.

moonbeam · 05-31-09, 05:17 PM

Originally posted by Justin7

I was betting the Orlando/Cleveland game live when Orlando was up about 14 with 8 minutes left. The market price for Cleveland +2 was about +1400.

Ever wonder why there are all these bullshit out of market offers during live betting? Like -1000 on a side when it should be +1000?

I put in an offer at -2000 for (I thought) Orlando... but in the speed required to bet live sometimes, I bet CLEVELAND +2 -2000 (when offer outstanding was +1400). I offered -2000 when +1400 was already there. I've probably put in 1000 offers in the last month alone. This is the first time I've done this mistake (but most of these bets aren't live, where you have to go very quickly).

How much would this cost you? As much as the outstanding bullshit offers. It makes me wonder: would it be more profitable to put in "mistake odds" offers, waiting for 1 person to screw up? Lurk all the live markets when it almost decided, and try to screw people that botch it? If you look at the live markets, there are definitely people doing this.

It's an exchange. My fault, I threw away $700. But seriously, does Matchbook really want liquidity lowered on live betting? Do you want to double and triple check your offers to make sure when you might have 10 seconds to finish it and cancel it before play resumes?

There are any number of filters that could warn a player during live betting that they screwed up, and confirm the screw-up before processing. Matchbook's director of "Software improvements" is oblivious to what players want though, so I doubt anything will be done.

Sadly, I won't do any more live betting at Matchbook until they have *some minimal* player protection against "live odds screwup catchers".

are you an absolute beginner justin?

jjgold · 05-31-09, 05:31 PM

All the software at Matchbook and WSEX is antiquated, one of reasons why it will never be a big time exchange, Europe and Aussie are miles ahead in sportsbook programming.

AMBlai01 · 05-31-09, 05:48 PM

They probably don't see it as their problem so why would they spend the money to upgrade and make it better for the player. Matchbook still offers things that other books don't so they know people will continue to play there regardless.

jjgold · 05-31-09, 05:53 PM

Originally posted by AMBlai01

They probably don't see it as their problem so why would they spend the money to upgrade and make it better for the player. Matchbook still offers things that other books don't so they know people will continue to play there regardless.

Amber your average bettor does not play there, the more sophisticated player plays there.

Art Vandeleigh · 05-31-09, 05:56 PM

Maybe use the % option instead of U.S. odds. You can still make mistakes but at least it won't be an incorrect sign.

j0hnnyv · 05-31-09, 06:28 PM

Originally posted by moonbeam

are you an absolute beginner justin?

this post fails on so many levels. this guy has NO clue

moonbeam · 05-31-09, 07:02 PM

Originally posted by j0hnnyv

this post fails on so many levels. this guy has NO clue

I hope you have a clue.

But I´m sure you don´t have any

You are just one of this 2542 posts in 4 month SBR shit talkers.

Nuff said

Justin7 · 05-31-09, 07:17 PM

Originally posted by moonbeam

are you an absolute beginner justin?

Dang, I've finally been marked.

moonbeam · 05-31-09, 07:21 PM

Originally posted by Justin7

Dang, I've finally been marked.

I know you are not

But your post remind me of that

RogueJuror · 05-31-09, 07:22 PM

moonbean is the shantystar of the think tank

moonbeam · 05-31-09, 07:25 PM

Originally posted by RogueJuror

moonbean is the shantystar of the think tank

Please not.

Shantystar is horribly

I know my english is horribly too, but I don´t want to be shantystar

AMBlai01 · 05-31-09, 07:27 PM

Where has good ole shanty been lately?

RogueJuror · 05-31-09, 07:30 PM

moonie, shanty is a respected and beloved character here. Is good to be shanty!!

moonbeam · 05-31-09, 07:32 PM

It´s good to be like jj cool.... maybe

moonbeam · 05-31-09, 07:48 PM

Originally posted by RogueJuror

moonie, shanty is a respected and beloved character here. Is good to be shanty!!

off topic rogue junior.

How much do you pay this girl for this "rub my clit" video here at SBR?