These figs are really interesting - thx for doing the leg-work.
I can understand why crkt numbers would have risen so dramatically, but, would have expected Tennis to be simmilar, as the sports have similar 'in-running' profiles.
Maybe its a result of the Tennis federation clamping down, on courtsiders, whereas the ICC are no so bothered, so long as they dont relay the score.
I would love to see, the amount of commission generated by sport, and, the profits/losses of the top 20 traders, in each sport. I think it would be mind-boggling .. but, somehow doubt, we will ever see it.
Betfair Volume Analysis
-
spreadbetting
- Posts: 3140
- Joined: Sun Jan 31, 2010 8:06 pm
I remember when they brought in the PC charges one of the reasons they touted at the time was the fact some customers were earning more from the exchange than they were. A bit like the NYSE whining the likes of Warren Buffet make money off their backs 
Hugely disappointing figures early doors on the AUS Open Tennis
XM has absolutely ruined some outstanding Tennis trades. When a match was 'IP' you'd quite often see momentary Back books of 92% or lay books of 109% - the Aussie Open was particularly superb for this. I had excel running, and all I did was just manually emptying the status cell after each successful dutching or bookmaking opportunity had been cleaned up
This was until BF stopped people playing with their ball
XM has absolutely ruined some outstanding Tennis trades. When a match was 'IP' you'd quite often see momentary Back books of 92% or lay books of 109% - the Aussie Open was particularly superb for this. I had excel running, and all I did was just manually emptying the status cell after each successful dutching or bookmaking opportunity had been cleaned up
This was until BF stopped people playing with their ball
Superb work Linus - thank you very much for doing this.
It does make you think that Betfair have deliberately gone out of their way to curb the number of transactions/volume traded on their exchange.
I understand that transaction rates had trebled between 2011 and 2014 so demands on their infrastructure were becoming a concern for them.
Would it be ok to share this post on twitter? Just feel more people need to know about the current state of play and the declining volume.
Thanks again.
It does make you think that Betfair have deliberately gone out of their way to curb the number of transactions/volume traded on their exchange.
I understand that transaction rates had trebled between 2011 and 2014 so demands on their infrastructure were becoming a concern for them.
Would it be ok to share this post on twitter? Just feel more people need to know about the current state of play and the declining volume.
Thanks again.
I suppose it's because Cricket is just unbelievably huge in Asia, it's almost a religion in itself
The culture of Asian people mean they are less likely to want to bet on the Sportsbook, they are far more likely to appear on the exchanges.
I've dealt with many Indians during the course of my Sales career, and they never except any price as being the final price - they will barter for everything, and always look for opportunities to strike a deal.
I had one shopkeeper in Portsmouth, who wanted to buy the Smarties calculator I was using to work out our agreed deal for 'x' boxes of Nestle chocolates. I told him it wasn't for sale, so he started offering me shit like headache tablets, paper hankies and condoms from his shop in exchange
The concept of the Exchange, where they are asking for better prices from other traders/punters is tailor made for them
The culture of Asian people mean they are less likely to want to bet on the Sportsbook, they are far more likely to appear on the exchanges.
I've dealt with many Indians during the course of my Sales career, and they never except any price as being the final price - they will barter for everything, and always look for opportunities to strike a deal.
I had one shopkeeper in Portsmouth, who wanted to buy the Smarties calculator I was using to work out our agreed deal for 'x' boxes of Nestle chocolates. I told him it wasn't for sale, so he started offering me shit like headache tablets, paper hankies and condoms from his shop in exchange
The concept of the Exchange, where they are asking for better prices from other traders/punters is tailor made for them
Thanks again Linus.
Finally got chance to go through this in more detail this morning and I'm finding it fascinating if not surprising.
Here's a summary on the sports I trade:
Cricket - The big growth sport (now £9.5bn from £2bn in 2009) . Yes, it did plateau in 2015 but as Peter has already mentioned, there was a bug crackdown on Delhi bookies in April and this saw a big drop off in turnover for a few months. It improved towards the end of the year so they seem to have ironed-out their systemic issues. Expecting this to grow further in 2016 to challenge Horse Racing/Tennis.
NFL - A small drop off since 2013 (now £231m from £246m) which isn't surprising after watching the markets, but disappointing as the sport is getting so much more exposure now in the UK and is probably the most popular it's ever been. Frustrating, it'd be a great trading sport with more volume and liquidity.
Rugby Union - Significant increase on 2014 (£267m from £129m) due wholely to the RWC. This masks the true picture - since super premium charges were introduced money in domestic rugby matches has dried up. Pretty much untradeable now although Internationals are still okay. Such a shame. Expecting this to drop back off again.
Would love to hear others comments on other sports.
Finally got chance to go through this in more detail this morning and I'm finding it fascinating if not surprising.
Here's a summary on the sports I trade:
Cricket - The big growth sport (now £9.5bn from £2bn in 2009) . Yes, it did plateau in 2015 but as Peter has already mentioned, there was a bug crackdown on Delhi bookies in April and this saw a big drop off in turnover for a few months. It improved towards the end of the year so they seem to have ironed-out their systemic issues. Expecting this to grow further in 2016 to challenge Horse Racing/Tennis.
NFL - A small drop off since 2013 (now £231m from £246m) which isn't surprising after watching the markets, but disappointing as the sport is getting so much more exposure now in the UK and is probably the most popular it's ever been. Frustrating, it'd be a great trading sport with more volume and liquidity.
Rugby Union - Significant increase on 2014 (£267m from £129m) due wholely to the RWC. This masks the true picture - since super premium charges were introduced money in domestic rugby matches has dried up. Pretty much untradeable now although Internationals are still okay. Such a shame. Expecting this to drop back off again.
Would love to hear others comments on other sports.
The drop off in Ice Hockey, Baseball & Motor Sport has been consistent and substantial...
Ice Hockey peaked in 2010 with £92m matched - just £30m in 2015
Baseball peaked in 2009 with £96m matched - just £39m in 2015
Motor Sport peaked in 2010 with £75m matched - just £19m in 2015
For a time F1 was a handy trading sport.
Never looked at the other two so can't really comment on them.
Ice Hockey peaked in 2010 with £92m matched - just £30m in 2015
Baseball peaked in 2009 with £96m matched - just £39m in 2015
Motor Sport peaked in 2010 with £75m matched - just £19m in 2015
For a time F1 was a handy trading sport.
Never looked at the other two so can't really comment on them.