Surprised these guys are still around after 10 or so years. Company has been run very poorly over the years and the site is almost unusable (a few markets aside). Also be warned you have to pay to get your money out if you dont cover their charge fees.
Comment
justonetime
SBR Sharp
11-17-09
297
#6
How many here actually use them? Thought about opening an account with them as Betfair doesn't allow users from where I am.
Comment
tommygun
SBR MVP
07-01-10
2239
#7
Originally posted by justonetime
How many here actually use them? Thought about opening an account with them as Betfair doesn't allow users from where I am.
open an account at Smarkets, 2% commision, more liquid than betdaq.
BETTING EXCHANGES, easy money.
Soccer Tipping: 5-0-1
Comment
Hareeba!
BARRELED IN @ SBR!
07-01-06
37253
#8
Originally posted by tommygun
open an account at Smarkets, 2% commision, more liquid than betdaq.
and even fewer events to bet on?
Comment
tommygun
SBR MVP
07-01-10
2239
#9
Originally posted by Hareeba!
and even fewer events to bet on?
Betdaq: More markets--> no liquidity, so still can't get odds you want.
Smarkets: Less Markets--->same odds as betfair, less commision.
They will grow give them time, they won't sit around and go stale like Betdaq. Useless book to have.
BETTING EXCHANGES, easy money.
Soccer Tipping: 5-0-1
Comment
Scooter
SBR MVP
01-15-07
1159
#10
Betdaq is good for some things - put a small amount of money there and try it out.
Sometimes you'll find better than Betfair or equal, at less commission.
Comment
tommygun
SBR MVP
07-01-10
2239
#11
Originally posted by Scooter
Betdaq is good for some things - put a small amount of money there and try it out. Sometimes you'll find better than Betfair or equal, at less commission.
I have an acct there. No Good.
BETTING EXCHANGES, easy money.
Soccer Tipping: 5-0-1
Comment
Ace_of_Spades
SBR Posting Legend
10-14-09
13518
#12
Originally posted by tommygun
Smarkets: Less Markets--->same odds as betfair, less commision.
They will grow give them time, they won't sit around and go stale like Betdaq. Useless book to have.
Could be the next best thing if Betfair decides to get too greedy.
Comment
tommygun
SBR MVP
07-01-10
2239
#13
Originally posted by Ace_of_Spades
Could be the next best thing if Betfair decides to get too greedy.
I'm not sure how much more greedy you could get, premium charge. 5% commisions (before discounts).
We need these new exchanges to step up. At least smarkets is trying, time will tell.
BETTING EXCHANGES, easy money.
Soccer Tipping: 5-0-1
Comment
sportsfanatic
SBR MVP
03-10-07
3967
#14
i've heard about betdaq and matchbook. this is the first time i've heard about smarkets. no doubt betfair needs more competition.
Comment
Hareeba!
BARRELED IN @ SBR!
07-01-06
37253
#15
Originally posted by sportsfanatic
i've heard about betdaq and matchbook. this is the first time i've heard about smarkets. no doubt betfair needs more competition.
yes, on the surface you'd think more competition would be a good thing but I'm not so sure that for exchanges the best outcome for punters isn't to have all players on the same page providing as much liquidity as possible rather than trading in a fragmented market
Comment
brettels
SBR MVP
11-04-10
3376
#16
Doesn't that just say something about the players? why wouldn't players do a shift to betdaq and get the liquidity up and have a more profitable time with less tax.
Comment
Hareeba!
BARRELED IN @ SBR!
07-01-06
37253
#17
Originally posted by brettels
Doesn't that just say something about the players? why wouldn't players do a shift to betdaq and get the liquidity up and have a more profitable time with less tax.
If you could organise a mass migration perhaps it would work but most won't move until they see the liquidity ... very much a first to make it big industry which virtually shuts out competition
Similar thing with Facebook, Twitter etc?
Comment
lukahh
SBR Wise Guy
04-08-10
941
#18
Originally posted by Hareeba!
If you could organise a mass migration perhaps it would work but most won't move until they see the liquidity ... very much a first to make it big industry which virtually shuts out competition
Similar thing with Facebook, Twitter etc?
competition and price war is definitely good thing for customer (unless it goes too far but i think 3% is still pretty good take for exchange).
with betdaq, small player who bets mainstream markets, now has more cost-effective choice.
on everything else, betfair wins out.
Comment
Ace_of_Spades
SBR Posting Legend
10-14-09
13518
#19
Originally posted by tommygun
I'm not sure how much more greedy you could get, premium charge. 5% commisions (before discounts).
We need these new exchanges to step up. At least smarkets is trying, time will tell.
Start posting threads in the forum section, people will catch on.