How does Betfair work?

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  • noober
    SBR MVP
    • 10-23-09
    • 2012

    #1
    How does Betfair work?
    After every single point, even second serves, the odds are adjusted and there is very high liquidity. I doubt this comes from small bettors so I am wondering if it's BetFair who constantly makes the adjustment or there are some big guys doing it for themselves?
  • jojo85
    SBR Sharp
    • 03-22-10
    • 277

    #2
    big guys using scripts I reckon
    Comment
    • noober
      SBR MVP
      • 10-23-09
      • 2012

      #3
      interesting. it's pretty much like they have a bookie themselves.
      Comment
      • jw
        SBR MVP
        • 10-25-09
        • 3999

        #4
        A lot of users "Trade" on betfair .. rather than pick a winner or loser of the game - all they are interested in is trading ... buy low/sell high ... a small amount of movement in the market 1.87 to 1.92 for example - will make these guys a decent amount of profit ... they then trade out and wait for the next service game ...

        Take a look here ..



        the reason for the liquidity is not that people are trying to pick a winner - they are trying to buy and sell between points/games to make a profit
        Comment
        • beefcake
          SBR Posting Legend
          • 11-26-09
          • 14029

          #5
          In a way Im glad US bettors cant use it! My wife would never get me away from the computer!
          Comment
          • Cheetahponti
            Restricted User
            • 12-09-09
            • 377

            #6
            Has to be computer generated with how quick it is. It's for suckers generally as live betting on points and games just usually kills you on juice.
            Comment
            • jw
              SBR MVP
              • 10-25-09
              • 3999

              #7
              Originally posted by Cheetahponti
              Has to be computer generated with how quick it is. It's for suckers generally as live betting on points and games just usually kills you on juice.
              There is not much juice with betfair ...
              You are generally not betting more than 5% over-round.

              If you pick the right games and buy or sell with and/or against serve .... you can make quick money .. problem is that you need large stakes when you are playing with minor line movements.
              Comment
              • PoweRay
                Restricted User
                • 09-07-10
                • 417

                #8
                Was just going to check them out. Thanks.
                Comment
                • Greekbet
                  SBR High Roller
                  • 10-05-10
                  • 125

                  #9
                  It s a chance to make some money at betfair when there are tennis matches,but when strong players are playing , like federer,nadal,soderling,murray,rodick,wh o can keep their service.Before a game starts and after a game finishes there is a different price of 0.1-0.15 so that to can make trading.
                  Comment
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