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how do you "see this" ?
who's American?Comment -
I guess you are good enough to don´t need any explanation of this Hareeba.
Just open your eyesComment -
it's weekend! time to get drunk & post around some rumors.
moonbeam - obviously pinny isn't registered in US, and second, while they probably do have hedging going on, it is not obvious to me. pls elaborate.Comment -
yes that´s rumors. And it´s time to get drunk.Comment -
ok I explain it. Place 2 or 3 $5000 bets on not so liquid markets and Pinnacle try to buy it back at betfair. On the other hand, the betfair traders at Malta do the same.
This whole market is insane these daysComment -
Who do you think makes those 30k+ mlb offers at matchbook sometimes?
I thought you got kicked out of pinny moonbeam.Comment -
I have never seen this but it would not surprise me. However I very much doubt that they do it on MLB or the mainstream markets, but maybe on some of the more obscure events where they can't get a balanced book.
I remember someone mentioning that TheGreek (?) took down a line way early, and their explanation was that the book they laid the bet off at took down the line. As best I remember this was some obscure market. It is doubtful that TheGreek or Pinnacle have to lay down cabbage at Betfair or any other book.Comment -
because they don´t have this 7 seconds delay in live-betting... for exampleComment -
Betfair should not be arbing their own markets. It is a scum act from those limey cunts.Comment -
Are you sure that they meant trading on the actual exchange and not setting prices and managing Betfair Multiples?Comment -
Allegedly BF Malta's trading operation is purely for dealing with the multiples.
They have full synthetic capabilities in place to cross-match (ie in an A v B market, if you are willing to lay teamA at evens, you are willing to back teamB at evens as its the same, so putting in a lay of 1k on A will cause 1k of backing interest to appear on the teamB line) as well on many markets nowadays.Comment -
u can also se on betfair when a market is suspended for a goal, when they open it again u can count the seconds and there will be big moneyoffers out before a normal person can put his up. There is a 8second delay for us but there will be money up 5-6 seconds after they openComment -
betfair told me that they do not operate with own traders on their own market. Sounds crazy but I really doubt betfair telling the truth. Can you confirm this chat moonbeam.Comment -
Books layoff on betfair all the time, books layoff on other books all the time. Usually not in major sports where western books control most of the market. However, you will see tons of soccer layoffs as asia controls the soccer market. Nothing new.Comment -
All their "traders" do is keep an eye on the market. Very little overhead for betfair.Comment -
Who cares whether Pinnacle trades at Betfair or not? But I think the chances are much bigger that someone buys the opposite line at Pinnacle than at Betfair.Comment -
Some people in USA can use Betfair. Betfair is always open for people with high volume.Comment -
Citations would be nice... otherwise it's just a rumor. Anyway... wouldn't it be more advantageous for pinny to just drop the odds so that arbers can come and balance out the other side? I think that's why pinna loves arbers - they soften lots of market moves.Comment -
you guys should get a hobby your good at
Comment -
BF used to run a 'large account facilitation service' where one could get a single price for say 100k or 200k laying and they trade out/against the position effectively to get you to bet more with them, so if the market was 2.00 / 2.04 25k up they might offer you 1.96 for 200k and then scalp as much of the spread out as they can to cover ... don't know if they still offer this or notComment -
Smart bookmakers lay money off. Pinnacle are super smart.Comment
