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  #11  
Old 31st January 2014, 07:19 AM
Rinconpaul Rinconpaul is offline
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Quote:
Originally Posted by tedbluegum
Hi All
I have questioned with them, seeing they are not doing an immediate lay betting result as in the past, whether they are considering quitting lay betting. No answer yet despite 2 requests to answer my direct question.

Regards
Ted


I think you'll see them pushing fixed odds Backing and run the exchange into the ground! Start looking to diversify or consider using a bot to Dutch Back the field, leaving out your Lay selection. They're certainly on a campaign to upset as many Lay bettors as possible. I put it down to the rise and rise of the online bookies.
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  #12  
Old 31st January 2014, 07:44 AM
stugots stugots is offline
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  #13  
Old 31st January 2014, 12:33 PM
Chrome Prince Chrome Prince is offline
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I certainly don't think they are cancelling lay betting. It wouldn't make sense.
People would leave in droves, as the prices would plunge for backing.
The fixed odds is supposed to be an attraction for those who don't understand the concept of the exchange to get them to the site and hopefully investigate further, those that don't, it's a free revenue stream that otherwise wouldn't exist.
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  #14  
Old 31st January 2014, 12:41 PM
Rinconpaul Rinconpaul is offline
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Quote:
Originally Posted by Chrome Prince
I certainly don't think they are cancelling lay betting. It wouldn't make sense.
People would leave in droves, as the prices would plunge for backing.
The fixed odds is supposed to be an attraction for those who don't understand the concept of the exchange to get them to the site and hopefully investigate further, those that don't, it's a free revenue stream that otherwise wouldn't exist.


I hope you're right CP as I make a living Laying and I'm not looking forward to Laying the price of Bitcoins, let me tell ya'...lol

However in this age of divides, what "wouldn't make sense" for one side of an argument, "makes perfect sense" for the other party. Just look at Holden, SPC Ardmona etc??
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  #15  
Old 31st January 2014, 01:22 PM
Chrome Prince Chrome Prince is offline
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True enough RP
That will kill me and almost all my action if there is no decent lay market, dutch backing the field leaving one out, won't be the same, the market percentages will kill that.
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  #16  
Old 31st January 2014, 01:26 PM
Rinconpaul Rinconpaul is offline
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Question

Quote:
Originally Posted by Chrome Prince
True enough RP
That will kill me and almost all my action if there is no decent lay market, dutch backing the field leaving one out, won't be the same, the market percentages will kill that.


Do you want me to send you some info on Bitcoin's then?? ....just asking...lol
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  #17  
Old 31st January 2014, 01:42 PM
stugots stugots is offline
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Quote:
Originally Posted by Rinconpaul
I think you'll see them pushing fixed odds Backing and run the exchange into the ground! Start looking to diversify or consider using a bot to Dutch Back the field, leaving out your Lay selection. They're certainly on a campaign to upset as many Lay bettors as possible. I put it down to the rise and rise of the online bookies.



How so?
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  #18  
Old 31st January 2014, 02:22 PM
Rinconpaul Rinconpaul is offline
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Quote:
Originally Posted by stugots
How so?


Coz, when your a hands on Lay bettor not relying on Gruss or any Bot to do the thinking for you, you need to be able to look at the Betfair page (former), instead of multiple screens now, to assess the info you need, so you can react quickly and place a bet!
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  #19  
Old 31st January 2014, 02:43 PM
stugots stugots is offline
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wow, if that was meant to impress, well lets just say it doesnt...

Last edited by stugots : 31st January 2014 at 02:47 PM.
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  #20  
Old 31st January 2014, 03:10 PM
Rinconpaul Rinconpaul is offline
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Quote:
Originally Posted by stugots
wow, if that was meant to impress, well lets just say it doesnt...


Sorry Stugots I had to race out, storm coming through. The point I was making by showing the bet slip, is that I'm not playing around with toy money here. I'm risking $8k to make $1k. If you're a heavy hitter big time bettor, then good luck to you, but to me it's not an insignificant amount. It's a serious financial business and I don't need some betfair employee with a degree in software development under his arm, probably never risked more than $5 on a Melbourne Cup bet, to decide that us punters need a change! If it ain't broke, don't fix it!
See the attachment, to try and demonstrate the downside of their new changes. Don't ask me how I'm still viewing the old format screen though??
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Last edited by Rinconpaul : 31st January 2014 at 03:13 PM.
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