Are there not any online betting exchanges for the U.S. Player?

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  • blackHIPPY
    SBR MVP
    • 10-01-14
    • 3973

    #1
    Are there not any online betting exchanges for the U.S. Player?
    If not why not
  • sheepgotwool
    SBR Sharp
    • 12-18-14
    • 337

    #2
    Still no exchange since February 2013 when bookmaker/DSI closed up betmaker.ag . Hard to believe really when in reality you only really need about 50 or so solid players willing to make lines/offers and make trades. Really need an exchange come football season and basketball season. Without it sports betting is very dull. People want to show their creative side and not be stuck in the dark ages. Hard to believe with all this technology we have taken major steps backward.
    Comment
    • Art Vandeleigh
      SBR MVP
      • 12-31-06
      • 1494

      #3
      People thought when Bookmaker acquired Betmaker they would make something big out of it, instead they made it disappear. No one ever tried to make another Betmaker re-appear. Probably too difficult and unprofitable to run without massive seeding.

      U.S. players also have more of a "cowboy" mentality. They want to crush the bookie, destroy the bookie, beat up the bad bookie. Can't do that at an exchange.
      Comment
      • Hareeba!
        BARRELED IN @ SBR!
        • 07-01-06
        • 36814

        #4
        Originally posted by blackHIPPY
        If not why not
        well, if you believe JJ, American punters are just too stupid to cope with an exchange
        Comment
        • bookie
          SBR MVP
          • 08-10-05
          • 2112

          #5
          It's the old chicken-and-egg critical mass problem. You really need a ton of players to make it worthwhile for someone to spend time seeding markets, and you won't get players unless they can match a bet at a good price pretty often.

          It's the perfect application for Bitcoin, but unfortunately the guys who have the technology chops to put something together don't have a clue how to interface with the betting market.

          Here's an example. Nice idea. No clue.

          Fairlay is a prediction market and exchange using Bitcoin. You can predict on the news and Bitcoin events or suggest your own events and earn money!
          Comment
          • jjgold
            SBR Aristocracy
            • 07-20-05
            • 388189

            #6
            Every exchange in the world has no volume but betfair there's absolutely no demand for it

            All failed
            Comment
            • Optional
              Administrator
              • 06-10-10
              • 60739

              #7
              Originally posted by bookie
              Here's an example. Nice idea. No clue.

              https://www.fairlay.com/
              Love the domain name but agree that it seems weird a Bitcoin focused exchange would be offering props about if other bitcoin businesses will lose customer money or not this year.
              .
              Comment
              • RonPaul2008
                SBR Hall of Famer
                • 06-08-07
                • 6741

                #8
                Originally posted by Optional
                Love the domain name but agree that it seems weird a Bitcoin focused exchange would be offering props about if other bitcoin businesses will lose customer money or not this year.
                Actually, sounds like a interesting way to insure your balance in another book. The only problem is that you have to trust the book you are making that bet at.
                Comment
                • Hareeba!
                  BARRELED IN @ SBR!
                  • 07-01-06
                  • 36814

                  #9
                  Originally posted by jjgold
                  Every exchange in the world has no volume but betfair there's absolutely no demand for it

                  All failed
                  So very wrong again!

                  Matchbook is doing ok.
                  Apart from golf I rarely bet sports at Betfair any more.
                  Comment
                  • RedDevil1974
                    SBR High Roller
                    • 06-01-13
                    • 106

                    #10
                    Originally posted by Hareeba!
                    So very wrong again!

                    Matchbook is doing ok.
                    Apart from golf I rarely bet sports at Betfair any more.

                    he isnt wrong though is he, name one successful exchange that is still going. matchbook is as bad as betdaq used to be.

                    the rest? all went up.
                    Comment
                    • Hareeba!
                      BARRELED IN @ SBR!
                      • 07-01-06
                      • 36814

                      #11
                      Originally posted by RedDevil1974
                      he isnt wrong though is he, name one successful exchange that is still going. matchbook is as bad as betdaq used to be.

                      the rest? all went up.
                      I never used Betdaq - it just didn't appear to me to be anywhere near as good as Betfair.
                      But Matchbook is excellent. Don't know what you're problem with them is.
                      Even though I'm on a decently discounted commission with Betfair, I can almost always get better net odds for my bets at Matchbook than I can at Betfair, SBO and Pinnacle.
                      I'm very sure both Betfair and Matchbook would get enormous amounts of business from the US if they were able to accept them as customers.
                      Comment
                      • RedDevil1974
                        SBR High Roller
                        • 06-01-13
                        • 106

                        #12
                        Originally posted by Hareeba!
                        I never used Betdaq - it just didn't appear to me to be anywhere near as good as Betfair.
                        But Matchbook is excellent. Don't know what you're problem with them is.
                        Even though I'm on a decently discounted commission with Betfair, I can almost always get better net odds for my bets at Matchbook than I can at Betfair, SBO and Pinnacle.
                        I'm very sure both Betfair and Matchbook would get enormous amounts of business from the US if they were able to accept them as customers.
                        yes but they dont, and neither do the other failed exchanges, which was his main point.
                        and as per most, the ip betting is poor on matchbook. both for options and for cash amounts.
                        Comment
                        • Darkside Magick
                          SBR Posting Legend
                          • 05-28-10
                          • 12638

                          #13
                          betbtc
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                          liquidity has been picking up lately for core markets
                          Comment
                          • Hareeba!
                            BARRELED IN @ SBR!
                            • 07-01-06
                            • 36814

                            #14
                            Originally posted by RedDevil1974
                            yes but they dont, and neither do the other failed exchanges, which was his main point.
                            and as per most, the ip betting is poor on matchbook. both for options and for cash amounts.
                            his "main point" was that they failed because US punters are stupid
                            but you are saying the other failed exchanges didn't accept US punters
                            my point is that they aren't stupid, they have just lacked decent opportunity to use a good exchange
                            Comment
                            • jjgold
                              SBR Aristocracy
                              • 07-20-05
                              • 388189

                              #15
                              matchbook has seeded volume by owners daily

                              It is very easy to follow their money and flow and tell

                              Decent liquidity for American Sports..tennis and soccer so so

                              Its not a bad thing though and real safe top shelf book
                              Comment
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