Sorry for being thick but I’m not sure what you mean mate.How do they make it pay, the only horses people will be backing are ones that shorten with the Bookmakers. Perhaps I should reevaluate my betting model.
Again, to clarify , are you taking about betfair sportsbook and saying their prices don’t change ?The only assumption you can make is that nobody, I mean nobody is betting with them
No idea what you mean. on the exchange the Derby for example City of Troy has been matched at 8/1 to 7/2 for thousands since the 2000 guineas..They are not moving the odds, they stay basically the same from show till the off, been like that for about a month now.
Not just your location, you have a choice of paying a higher or lower commission than you’re given in exchange for other benefits- free bets / offers / money back in losses.Betfair take a commission ranging from 2% to 6.5% on winning bets depending on your location
I give in, can you not read, from the show odds till the off. Oh dear. On the exchange, I give in, forget it, this thread is washed up.
None of the above is a available ..here with best price guarantee only UK customersNot just your location, you have a choice of paying a higher or lower commission than you’re given in exchange for other benefits- free bets / offers / money back in losses.
As for how they make their money, I’d have thought any idiot could have worked that out. Some people back, some people lay and Betfair take some money out of the pot without any risk whatsoever to them. It’s really not difficult .
It's a load of nonsense...the market moves rapidly..if you read more article like this you wouldn't post so much garbage.....As of 2013, Betfair had over 4 million customers (1.1 million active customers) and a turnover in excess of £50 million a week.I give in, can you not read, from the show odds till the off. Oh dear. On the exchange, I give in, forget it, this thread is washed up.
I just watched the market changes in the last race......1 minute from the off the horse that finished 2nd 6500 pounds was traded in 5 seconds the total jumping from 27k to over 32k...........The prices are set by individuals and usually higher than the bookies. I've seen a 4/1 shot being offered at 8/1 on Belfair and even as high as 12/1......it's a different world out there but if you were a betting man you would know that....i doubt if you bet anymore than 2 quid if anythingHow do they make it pay, the only horses people will be backing are ones that shorten with the Bookmakers. Perhaps I should reevaluate my betting model.