Why Betfair makes the US look like small fry

[Jamie_UK]

One small market out of thousands

Champions league winner

Matched: GBP 2,128,000

Thats over 4 million dollars, matched on ONE market, and there are hundreds of markets.

When it comes to betting USA is small fry, the European market (mainly the UK) is where the money is, thats why Cris has sold you out.

[DrSlamm]

thanks for your informative post.

go drink another beer and root for the most boring sport on the planet

[bigboydan]

I wish I could play at Betfair

[Jamie_UK]

thanks for your informative post.

go drink another beer and root for the most boring sport on the planet

ahhh you like egg chasing , well just the rugby 6 nations....

Six Nations 2007 - Winner
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Matched: GBP 836,225

Price matched may differ from the price displayed
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Thats 1.60931501 million US$

On one market! US is small fry when it comes to sport betting.

[new2betting]

I wish I could play at Betfair too.

Just using Betdaq, Mansion & Matchbook (the easiest to use) for "exchange" purposes.

[durito]

ahhh you like egg chasing , well just the rugby 6 nations....



Thats 1.60931501 million US$

On one market! US is small fry when it comes to sport betting.

You couldn't be more wrong. The amount of $ wagered in the US last year was substantially more than anywhere else.

Do you have any idea how much gets wagered on one single NFL game?

[betplom]

While I disagree with the statement that the US is "small fry" with regards to wagering, what I believe the original poster is pointing out is that Betfair accounts for huge sums wagered at a single entity. Although there is alot wagered on the Superbowl, I doubt that The Greek or Pinnacle would have millions of dollars wagered in any single day on a specific event. This is why Betfair is a giant.

[durito]

While I disagree with the statement that the US is "small fry" with regards to wagering, what I believe the original poster is pointing out is that Betfair accounts for huge sums wagered at a single entity. Although there is alot wagered on the Superbowl, I doubt that The Greek or Pinnacle would have millions of dollars wagered in any single day on a specific event. This is why Betfair is a giant.

I would imagine that last year pinnacle had millions on every single NFL football game last season, many colleges football games, some nba games and a few college basketball games.

[Jamie_UK]

I would imagine that last year pinnacle had millions on every single NFL football game last season, many colleges football games, some nba games and a few college basketball games.

Pinnacle are weak compared to BF

[JDK192]

Pinnacle did much more than that on probably every single NFL game the past 4 yrs. Get some info before you post something so stupid.

[Jamie_UK]

Pinnacle did much more than that on probably every single NFL game the past 4 yrs. Get some info before you post something so stupid.

lol, thats why they dropped the US punters, lol your a funny guy.

[durito]

lol, thats why they dropped the US punters, lol your a funny guy.

Yea, they just decided to drop the $175 million they made in the US annually because there were bigger markets elsewhere. Sure.

[mickyr]

Stop embarassing yourself 'Jamie'...

[Jamie_UK]

Stop embarassing yourself 'Jamie'...

Do you mean embarrassing? lol

[austintx05]

now he corrects spelling...

[durito]

now he corrects spelling...

Especially from someone that doesn't graspe the difference between your and you're.

[betplom]

I would imagine that last year pinnacle had millions on every single NFL football game last season, many colleges football games, some nba games and a few college basketball games.

Well, I can't say with any certainty one way or the other as it would be pure speculation. Pinny doesn't show "matched" bets as the exchanges do so there is no way to verify your statement. (or mine for that matter).

[durito]

Well, I can't say with any certainty one way or the other as it would be pure speculation. Pinny doesn't show "matched" bets as the exchanges do so there is no way to verify your statement. (or mine for that matter).

Well, Pinnacle reportadly made over $250 million last year. They also took $50,000 max bets on every NFL game and $100,000 on quite a few of them. Therefore it would be fairly resonable to assume that pinnacle is taking more than a million $ in bets on any given NFL game.

[mad]

Shit talking aside, it is an interesting question. Personally, as much as i like Pinnacle, i'd have to go with Betfair for sheer volume. Betfair matches a couple of hundred G's on a single horse race x multiple races x 24/7. Not to mind the thousands of other markets. Tough to see Pinnacle beating that, but i think it would be closer than you'd think.

Maybe young Billy Dozer could provide some insight.

Young Billy, you around?

Where's JJ?

[new2betting]

Off-topic: Betfair has the most "traffic/visits" of any sportsbook/exchange anywhere on the planet based on the Alexa rankings/traffic.

Whatever it is BetFair is big and has established itself as "THE EXCHANGE" and all the rest are left far behind.

PINNACLE is a Sportsbooks and I would say "THE SPORTSBOOK" and A+ deservingly.

Cheers!

[ShamsWoof10]

I'm sold.. BetFair is the KING and saying pinny. has a million in action in football is not saying much because they have it on both sides but even if they had a million on a net of one side that is change compared to BetFair who takes that in a single bet... I'm sold...

[new2betting]

Guys,

I think if one would be to consider "who has more money" then it would be PINNACLE since they are a sportsbooks while BETFAIR is an exchange that uses "other people's money" against each other.

Am I making sense?

[new2betting]

One small market out of thousands



Thats over 4 million dollars, matched on ONE market, and there are hundreds of markets.

When it comes to betting USA is small fry, the European market (mainly the UK) is where the money is, thats why Cris has sold you out.

If gambling were not outlawed in the US, and if these guys played at MATCHBOOK, then we can assume that MATCHBOOK would be even be bigger than BETFAIR especially if all payment options were allowed too.

So I guess, the Betfair "issue" cannot really be compared on equal and fair grounds right now.

[acw]

Do you have any idea how much gets wagered on one single NFL game?

Less than on a Coca Cola Championship match.

But BetFair are real cvnts!

[bigloser]

Well, Pinnacle reportadly made over $250 million last year. They also took $50,000 max bets on every NFL game and $100,000 on quite a few of them. Therefore it would be fairly resonable to assume that pinnacle is taking more than a million $ in bets on any given NFL game.

William Hill
Your Selected Opportunities :
Middlesbrough V Man Utd on 10/03/2007 Man Utd to win @ 1.57
Singles: 1 bet(s) @ GBP (Max: 43859.64)

Thats $85000 on one regular soccer match. Pinnacle and the US are SMALL compared to UK books.

[raiders72002]

go drink another beer and root for the most boring sport on the planet

my thoughts exactly. If Betfair took US players then it would be a different story.

[raiders72002]

I haven't kept up on the Betfair news. Did they get a license in Australia or were the fees too steep?

[acw]

Middlesbrough V Man Utd on 10/03/2007 Man Utd to win @ 1.57
Singles: 1 bet(s) @ GBP (Max: 43859.64)

Thats $85000 on one regular soccer match. Pinnacle and the US are SMALL compared to UK books.

At that price I am 99% sure Pinnacle will allow you to bet US$1m, if you have it on your account with them.
Have a look at what BetFair offers for that match!
Still BetFair remain cvnts.

[raiders72002]

Does Betfair seed the accounts or is it always punter vs punter?

[Halo]

I would not be suprised if illegal bookies in the US beat those numbers

[wack]

Does Betfair seed the accounts or is it always punter vs punter?

There's no seeding on betfair.

However if I lay 100000 on Chelsea at 1.5 and back 99000 on chelsea at 1.54 that adds 398000 to the matched figures, but they are only making a very small commission because that's how they operate.

Matched figures can be very confusing. On betdaq if I bet someone at 1000 for 1$, It shows $1000 matched - $999 from the layer and $1 from me - which leads to very strange figures.

[Santo]

They did get set up in Australia, which is a semi-pain in the ass as I keep having to move money back and forward between virtual "wallets" in each country.

[moonbeam]

One small market out of thousands



Thats over 4 million dollars, matched on ONE market, and there are hundreds of markets.

When it comes to betting USA is small fry, the European market (mainly the UK) is where the money is, thats why Cris has sold you out.

A lot of money.

But you have to HALVE this sum because betfair always DOUBLES it!

[jjgold]

Pinnacle for the most part always beats Betfairs numbers after commissions

Betfair is not an American book and has virtually no volume on American Sports period

[wack]

Pinnacle for the most part always beats Betfairs numbers after commissions

Betfair is not an American book and has virtually no volume on American Sports period

And the volume backbone it does have are from market makers who get their prices from pinny's XML - says a lot