Tag: price feeds

Is Betfair no longer the arbiter of true value?

Is Betfair no longer the arbiter of true value?

Big headline, what does it mean?

OK, for years the exchange mechanism has provided a very useful pricing mechanism. An careful aggregation of demand between people competing on a level playing field and it has provided a beautiful insight into the way free markets can work to mysteriously, accurately, price an event –  in this case the prediction that something will win a sports event.

But we have been watching closely as the market appears to be decoupling from it’s …

28/07/2013 | By | Reply More
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