Betfair Not Allowing Americans

[Mikail]

If an exchange cannot be successful in a U.S market then why not give U.S a good live betting platform like Bet365 This would be an instant success.

[Hareeba!]

what if all west european countries+us/canada+australia prohibit betting and there are plans they do? do you think Betfair can survive without these markets?

survive probably but that's not really the issue we were discussing

don't expect it to happen .. most of those countries are desperate for revenue

certainly not likely to happen in Australia where Betfair won a hard fought battle to obtain a licence and are now pretty well accepted and paying taxes to the governments

[todd73nj]

As a US Player, and basically an exchange trader, I have to say I agree with JJ.

There are NO MARKETS on live Matchbook trading.

(I always have Betfairr loaded up as I do right now looking at prices) - And Betfair has more $$ Traded in the Zvonareva/Someothergirl match than Matchbook does on a Monday night football game.

For all the people here who claim to trade on MB - I dont see you bids and offers.

How I wish I could trade this tennis match. Zvonareva, #2 in the world, -800 Fav - went to 40% after losing the first set. 70s after a break early in the 2nd. 90 after it was 1-1. 95 with a 3rd set early break.

There is nothing beter than exchange trading - but on Matchbook - there is nothing to trade. Sadly.

[Vegas_bond]

They do not need it and Americans do not bet with exchanges like euro punters

They get more action on USA sports now and if Americans were allowed would not go up much

Americans are too stupid to bet with exchanges

Matchbook had failed miserably

Yeah, the people from Betfair have no interest in doubling their winnings by allowing those " stupid, unsophisticated" U.S. punters.

[Hareeba!]

As a US Player, and basically an exchange trader, I have to say I agree with JJ.

There are NO MARKETS on live Matchbook trading.

(I always have Betfairr loaded up as I do right now looking at prices) - And Betfair has more $$ Traded in the Zvonareva/Someothergirl match than Matchbook does on a Monday night football game.

For all the people here who claim to trade on MB - I dont see you bids and offers.

How I wish I could trade this tennis match. Zvonareva, #2 in the world, -800 Fav - went to 40% after losing the first set. 70s after a break early in the 2nd. 90 after it was 1-1. 95 with a 3rd set early break.

There is nothing beter than exchange trading - but on Matchbook - there is nothing to trade. Sadly.

yes, I think we all know that but it really has nothing to do with how Betfair would fare if allowed into the US market with any issue of illegality removed, proper funding and withdrawal options, full range of sports and options and the ability to advertise their product.

[todd73nj]

I think my point was I am agreeing with JJ. MB didnt trade anything on the tennis matches pre match and closes them - and BetFair is trading crazy amounts on every point. Obviously I understand why BF isnt in the US Market.

[Ace_of_Spades]

I'm eager to see how Blackies exchange turns out. Obviously it's going to take time to grow.

[Hareeba!]

I'm eager to see how Blackies exchange turns out. Obviously it's going to take time to grow.

When does it become reality?

Without the ability to advertise and become known in the US and overcome those absurd funding hurdles it will struggle for liquidity just as much as Matchbook does.

[Ace_of_Spades]

SBR is obviously going to have to be there strongest customer base. I'm not sure when it is launching, but there is a thread around here somewhere. To be honest, i've never used matchbook or even been to their website.

[jjgold]

As a US Player, and basically an exchange trader, I have to say I agree with JJ.

There are NO MARKETS on live Matchbook trading.

(I always have Betfairr loaded up as I do right now looking at prices) - And Betfair has more $$ Traded in the Zvonareva/Someothergirl match than Matchbook does on a Monday night football game.

For all the people here who claim to trade on MB - I dont see you bids and offers.

How I wish I could trade this tennis match. Zvonareva, #2 in the world, -800 Fav - went to 40% after losing the first set. 70s after a break early in the 2nd. 90 after it was 1-1. 95 with a 3rd set early break.

There is nothing beter than exchange trading - but on Matchbook - there is nothing to trade. Sadly.

Great post guy, you definitely have a clue about exchange betting and you the the numbers with matchbook and betfair very well

Well if Blackie and Ganch do it right they have a shot, cannot be anything like matchbook though

[DeluxeLiner]

I am rooting for Blackie and Ganch... rebatewager isn't the best, most sophisticated book so iono but i am rooting for them.

[Duff85]

Americans do not bet with exchanges like euro punters

Americans are too stupid to bet with exchanges

The average punter is too square to realise the benefits of betting with an exchange. It's not so much that Europeans (and the rest of the world) are any more wiser gamblers... it's just that Betfair started out with a decent market share in those countries and has been able to aggressively market themselves there.

Whereas Matchy has not been able to market themselves as aggressively into the US.

[decado]

u guys wanna know how much amount of money are on betfair in-play games?
take a look here: http://www.in-play.info/

a tennis match between del potro v baghdatis had about 10.000.000 EUR in play today. they just finished now.

[Ace_of_Spades]

Nadal/Fed Wimbledon final had about 22million in-play trading one year.

[ArminMD]

Exchange Betting is a Euro thing and not a usa thing

never will be

agree

[Hareeba!]

agree

I don't suppose you'd care to put up some sound reasoning for that view?

[Hareeba!]

To be honest, i've never used matchbook or even been to their website.

Why?

[Trucker George]

UIEGA is what caused Neteller to pull out of the USA...as well as Pinnacle. It's really one event.

Pinnacle's departure is attributable to the UIGEA (according to their abrupt official announcement at the time).

Neteller was continuing (tentatively) to move money for US players after the UIGEA was signed into law.

The event that slammed on the brakes for them was when the "Neteller Two" were arrested and charged with various criminal enterprise and conspiracy charges; but no where in the news about all of this were there any mention of UIGEA charges.

But after they were arrested, Neteller was very quickly done with US players.

Nevertheless, it is very likely that even without the arrests, that Neteller would have been done with US players due to the UIGEA but the arrests certainly sped up that outcome. And, it seems, the UIGEA may have sped up the arrests: after it became law, the timing was perfect to go gather all evidence and make arrests ASAP.

That was a depressing several weeks (and months) with Frist pulling his stunt with the Port Security Bill, Pinnacle bailing and Neteller getting nailed -- pretty much a defining moment of what the future would hold for sportsbooks and US players.

[durito]

The neteller arrests were not UIGEA related. They couldn't be, the law didn't go into affect for 3 years later. The DOJ had been investigating them for several years.

The timing of the pinny announcement is suspicious.

[Ace_of_Spades]

Why?

No interest.

[Hareeba!]

No interest.

so you'd rather bet at -110 than -102 ?

[Trucker George]

...

The timing of the pinny announcement is suspicious.

Agree.

Pinnacle stopping taking bets from US players on Jan 11, 2007 and "The Neteller Two" Lefebvre and Lawrence were arrested just four days later on Jan 15.

[brettels]

the matchbook website is very dull and has little to bet on. its no wonder the residents of america have no motivation on an exchange if thats the only one they can experience. im sure they would love betfair if they could play there. matchbook is an eyesore.

[Ace_of_Spades]

so you'd rather bet at -110 than -102 ?

I use Pinnacle -105. That works fine for me.

[Hareeba!]

I use Pinnacle -105. That works fine for me.

you can generally beat Pinnacle's price at Matchbook and that works even finer, so why not use both?

[Hareeba!]

the matchbook website is very dull and has little to bet on. its no wonder the residents of america have no motivation on an exchange if thats the only one they can experience. im sure they would love betfair if they could play there. matchbook is an eyesore.

I'm sure they would love Betfair too, not because it is less dull but as you say has so many more offerings. I don't care in the least about how a site looks as long as it works efficiently and in that regard MB does have some issues.

[Ace_of_Spades]

you can generally beat Pinnacle's price at Matchbook and that works even finer, so why not use both?

I have signed up now. Put 200 in.

[andywend]

JJGold, since you don't have the slightest clue as to the level of volume Matchbook does, your statements comparing them to BetFair have no basis in fact.

With that being said, BetFair clearly does more volume than MatchBook because of the legality of online wagering in England.

Government regulation with bettors paying no taxes on winnings. England puts my beloved U.S. to shame in this area.

[loyd]

England puts my beloved U.S. to shame in this area.

why wouldn't us punters make a rally in Wasgington to legalize online betting? americans make rallies against gay marriage, rallies for gun rights, rallies against abortion etc but when its something about their own money they don't, its rather shame on the americans not shame on their gov.

[todd73nj]

JJGold, since you don't have the slightest clue as to the level of volume Matchbook does, your statements comparing them to BetFair have no basis in fact.

Andy,

Why not do a video of your screen during any live-in-play game that is not the NFC/AFC Champ or Superbowl.

If MB has so much in game volume - someone do a video tutorial of how to trade a live game.

I think this will show the only volume for MB is pre game. NOTHING in game.

I tried to trade 3 games there tonight - couldnt get a sniff of a hit on the prices I posted. Which were better than what was offered at Betfair.

[the sink]

on what game?
I matched alot of money in the NBA games today that where live

[the sink]

and just beacuse it says $500 000 matched on betfair does not mean much...
bet 2.0 and lay off when it goes to 1.98 and that amount will go up quick...
Alot of ppl trade at betfair, but how much is really straight bets

[todd73nj]

Not in the game you didnt. There was nothing there.

I have a whole chat room of Matchbook players who all complain about the same thing - no in game volume. You are welcome to stop past anytime.

[jjgold]

Andy,

Why not do a video of your screen during any live-in-play game that is not the NFC/AFC Champ or Superbowl.

If MB has so much in game volume - someone do a video tutorial of how to trade a live game.

I think this will show the only volume for MB is pre game. NOTHING in game.

I tried to trade 3 games there tonight - couldnt get a sniff of a hit on the prices I posted. Which were better than what was offered at Betfair.

Its fukkin whore shit and embarassing. Matchbook should be ashamed of themselves

They also have very little money to advertise, this is not a book with deep pockets

Some NBA games they do not even have $2500 on right before game

The only volume at matchbook is in NFL and most of it is by like 50 players or so

[todd73nj]

There was a little action on the Lakers/Denver ML tonight. But so strange - sometimes I think those bids/asks are Matchbook themselves. Bec you can have a price all ready to be entered... and as oon as they repost you submit it - and somehow dont get your order filled. Cancel - and then its back. Almost as if they are trying to make it seem like someone is playing.