Tag: cross matching
The distorting impact of XM on Tennis
I was trying to think of a better headline, but that will have to do!
XM means ‘cross matching’ and while I was trading some of the activity in the pre-off markets this evening on the US Open Tennis men’s final I switched it on and off to have a look underneath the main market. Cross matching is the complicated, in most cases unnecessary, process that Betfair uses to offer bets on both sides of the market. On Tennis, being …
Betfair to broaden cross matching in football markets
I’ve been aware for some time, but now it’s official; Betfair are widening the cross matching net to crossover into related markets.
What exactly does this mean?
Betfair have coined the development ‘Cross market liquidity pooling’ and it’s taking place on football. It’s not due till November and will roll out if everything goes ok.
The bottom line is if you place a bet in one market it will appear in another and vice versa. This will have the effect …
Betfair – Cross matching
Cross matching has slowly been implemented across many sports markets on Betfair and earlier this year on the big one, horse racing.
There are still some odd things with cross matching. Prices for the API and for the Betfair web site are different. This is because cross matching is not exposed via the API. We put the cross matching algorithm into Bet Angel, but quite a large number of API applications still show the ‘wrong’ prices. Betfair also never tell …
Betfair widen cross matching net
Today will see the launch of cross matching on pre-off horse racing markets. Having studied the markets for a long, long, time, I think I can guess the impact that this will have, but I am open minded. Change will occur though, so keep your eyes out.
In-play cross matching produced a curiosity which we hadn’t thought of, so it may be that pre-off does as well. We have collated data over very long time frames and can see at …
Betfair widen cross matching again
Betfair have gone for the big one and are going to ‘trial’ cross matching on pre-off horse racing today at Lingfield. Cross matching was initiated to ‘improve’ the fill rate on markets and eliminate the possibility of the book going over broke. As users subsequently found out, the first iteration also improved Betfair’s bottom line.
As you know, I am a keen market watcher and given enough races will be able to see the exact impact that this change …
Cross matching goes live on inplay racing
See Betfair announcement. Looks like they are planning to go live tomorrow on all racing: –
“Following a previous trial earlier this year, we are now running another trial of in-play cross-selection matching (‘cross-matching’) on the win markets at Lingfield Park on Tuesday 23rd November. Cross-matching will only be activated after the markets are turned in-play.
Cross-matching was introduced
…
Betfair extend cross matching
Betfair today announced that they had extended their cross matching algorithm to include a trail on in-running horse racing markets. Full announcement is detailed below: –
Improved bet matching algorithm trial on today’s in-running markets at Carlisle and Sedgefield
For the win markets on today’s cards at Carlisle and Sedgefield we will be improving our bet-matching algorithm to include cross-selection matching (‘cross-matching’). Cross-matching will only be activated after the markets are turned in-play. Please note that this is just a …
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