Why Does BetDaq Stay In Business??

[jjgold]

Luke I would think Betdaq is for the small player only

I see very little growth

[kiwi]

I was talking about trading at betdaq...

But my text was about Matchbook... I think Matchbook doesn't offer any real advantage. Betdaq can be useful from time to time.

[jjgold]

Betdaq does have more use over matchbook as far as UK markets

[TennisProFrance]

Betdaq are used by a lot of big players/bookies to manage positions. They are a bit of a joke in terms of managing and growing a business, but they have somehow managed to attract bookies (primarily for horses). There are some strategies that work ok with BD but overall they are hard work to use. They have funded some API development to attract retail users.

Matchbook will never grow in Europe until they change their odds presentation.

[Hareeba!]

Matchbook will never grow in Europe until they change their odds presentation.

Are Europeans too dumb to adapt?

Reminds me of JJ saying Yanks were too dumb to use exchanges.

But I do agree, they really would benefit by offering an option to display lay odds in the format exchange users are familiar with.

[jjgold]

Reminds me of JJ saying Yanks were too dumb to use exchanges.

USA Players for the most part are not onto exchanges
Stats don't lie Son

All failed and I am going back like 8 years

[Hareeba!]

Reminds me of JJ saying Yanks were too dumb to use exchanges.

USA Players for the most part are not onto exchanges
Stats don't lie Son

All failed and I am going back like 8 years

Yes they and many other non-US exchanges failed too. That is simply the nature of the beast. Liquidity is paramount and you don't get that without a virtual monopoly.

But that's quite a different thing to saying they are too dumb to use them.

[jjgold]

Americans are traditional point spread bettors by nature

Euro's are ML oriented

Two different cultures

[Hareeba!]

Americans are traditional point spread bettors by nature

Euro's are ML oriented

Two different cultures

I was once only a meat and three vegies man.

Then along came multi-culturalism.

Now I enjoy curries, rice, pizza and pasta dishes just as much.

[lukahh]

Betdaq does have more use over matchbook as far as UK markets

funny i actually made my yesterday epl pick on matchbook - also 1 tick difference only, but lower cost.
both are only for players in major markets with bets 1000 usd or below... which satisfies most people just fine.
for those who do more, it's easy to reach higher discount at betfair anyway.

[faststeady]

jj , got your answer yet,

tennis france was a bit more expansive

[jjgold]

We will be keeping a close eye on Betdaq the next 6 months for monitoring purpose

I think this shop has been around for a while too

[tommygun]

Everyone wants Betdaq to IMPROVE, everyone wants Betdaq to have more liquidity, everyone wants Betdaq to be like Betfair, Everyone wants Betdaq to give a shit.

Frankly, I'm sick and tired of waiting for Betdaq to step up.

I'm on the Smarkets bandwagon now, and hope they give it a better go than Betdaq schmucks have.

[TFC]

How's the liquidity at Smarkets TommyGun? Similar to Betdaq?

[jjgold]

smarkets is garbage..bubble gum software..will be bankrupt..just a gimmick type place with no volume

oddsfuture is small and very little to offer other than uk horses

[LGBoots]

I like Betdaq

Ok volume can be really weak at times, but you can often pick a nice little gem of a lay price in the Horse Racing markets which are actually better then Betfair prices.

Volume in the soccer markets can be frustrating but as KO get close you start to pick up decent market amounts coming through.

Payouts are fast & with a mega rich guy owning the exchange your funds are safe as well.

3% comm is also a plus point

[byronbb]

Americans are traditional point spread bettors by nature

Euro's are ML oriented

Two different cultures

Yeah its weird when I look at betfair for NFL and all the money being traded is on the ML with Patriots at something absurd like 1.15. Then there is their fascination with betting a tie...which they have to even have on golf match bets let alone soccer 1x2 instead of going for the 50/50 bet AH. I cant see a reason to bet soccer on anything but AH...the juice is SO LOW.

[tommygun]

JJ gold I don't know what your talking about, my time with Smarkets has been good so far. Liquidity is ok at this stage.

[Hareeba!]

JJ gold I don't know what your talking about, my time with Smarkets has been good so far. Liquidity is ok at this stage.

But what about the number of sports/markets they offer?

Was very light on when I last checked them out a few weeks back.

[tommygun]

Few more added Hareeba, they have:
-soccer
-horse racing
-basketball
-rugby league
-afl
-baseball
-cricket
-forumla1
-golf
-rugby union
-tennis
-politics/entertainment/current affairs


still not as many as betfair, but they are slowly getting there

[brettels]

Theres no AFL, how late do they come on?

[Hareeba!]

Few more added Hareeba, they have:
-soccer
-horse racing
-basketball
-rugby league
-afl
-baseball
-cricket
-forumla1
-golf
-rugby union
-tennis
-politics/entertainment/current affairs


still not as many as betfair, but they are slowly getting there

ok, thanks will check it out again next week

[tommygun]

Theres no AFL, how late do they come on?

my mistake, i swear i've bet afl there before!

[jjgold]

JJ gold I don't know what your talking about, my time with Smarkets has been good so far. Liquidity is ok at this stage.

Betfair takes more action one uk horse race than this place does in 4 months on all sports

[tommygun]

Betfair takes more action one uk horse race than this place does in 4 months on all sports

Yes JJ, Betfair is better than Smarkets, I have an account at both.
Some of us are hit by the premium charge and need new outlets.