Betfair Volume Analysis

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LinusP
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I have been wanting to do this for a while and is a work in progress but I don't think I will get all the years done, however this dashboard shows 11,12,13 and 14.

Feel free to take and use the underlying data, a few nice trends become apparent (cricket volume increase, football decrease in pe volume..) The volume/number of bets has been summed per day per sport id so no details on the event.

Large: https://public.tableausoftware.com/view ... y_count=no

Small: https://public.tableausoftware.com/view ... y_count=no

All data is taken from 'http://data.betfair.com/' and is unbelievably painful to work with.
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Euler
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I've downloaded all the data from the site but never had the time to look at it properly, so this is great thanks. Excellent work.
LinusP
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Finally worked out how to automate the download/unzip/aggregate the data from http://data.betfair.com/#null. I have yet to fully reconcile and add a few missing but looking at the difference in volume matched per year isn't looking good especially football. Decreasing at almost the same rate it was growing a few years ago!
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Euler
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That's good, I'm still sanitising it manually!

Do you have some absolute numbers for that graph?

I imagined 2014 benefited from the World Cup so that would account for the bump up. But the 2015 drop seems far deeper than I imagined.
LinusP
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Here is a straight dump from my db as it stands:

https://www.dropbox.com/s/zfj8dy3lsq6ik ... R.csv?dl=0
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Euler
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Many thanks, it's interesting. It would be really interesting if you can do a cut on the 1/1/2016 for the final figures on 2015.
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Euler
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That said, it's usually a few days before the figures are available. But it's more about having a full year in there.
LinusP
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Will do, I wouldn't trust anything in 2004/2005 but the rest looks ok. Good luck to anyone else trying the same, rar files that should be zips, jumping from csv to txt and commas in some of the fields!
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Euler
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Have you done a final cut for 2015? Quite keen to have a look.
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Kai
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Thank you for sharing Linus, fantastic work. Doesn't look great for football, what about tennis? Heard a lot of complaints from tennis traders recently.
LinusP
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Should have time later today, will share a dashboard and the full dump (aggregated) as long as people share their analysis ;)
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Euler
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LinusP wrote:Should have time later today, will share a dashboard and the full dump (aggregated) as long as people share their analysis ;)
Happy to do that :)
LinusP
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Joined: Mon Jul 02, 2012 10:45 pm

https://www.dropbox.com/s/g3ya6cnj0rqxn ... A.csv?dl=0

No guarantees on this as there is certainly data missing in 2005/2006, looks like there is some missing in August 2014 as well. Cricket was looking good up until this year, there is almost more money traded on it than Tennis, Peter is that where you hide :D Football is the worst performer this year with a small drop of 2.2billion, how does 2.2billion disappear?

I noticed on the betfair forum that someone posted a link to the dashboard I posted in the middle of 2014 claiming that volume had dramatically decreased in 2014. Please note that the dashboard only contained data up till the middle of 2014, hence the drop from 2013.
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Euler
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LinusP wrote:I noticed on the betfair forum that someone posted a link to the dashboard I posted in the middle of 2014 claiming that volume had dramatically decreased in 2014. Please note that the dashboard only contained data up till the middle of 2014, hence the drop from 2013.
Thanks, I saw that post but Betfair banned me from their forum so I couldn't point out his error. Nobody else seemed to spot it!
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Euler
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LinusP wrote:Cricket was looking good up until this year, there is almost more money traded on it than Tennis, Peter is that where you hide :D Football is the worst performer this year with a small drop of 2.2billion, how does 2.2billion disappear?
Haven't looked at the data just yet, but Cricket probably would have suffered because of the crack down on illegal gambling in India. However that appears to be run from Dubai now according to posts on the forum.

On Footy Betfair have stopped rushing bets onto the exchange so I reckon that's the cause of a big drop. I noticed they have been setting up the markets so they are similar to Bet365 at 103% of book. I guess that's diverted money as well as people think 5% commission is a 105% book, but it's not.

I'll have a nose around the data over the next week.
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