5/27/2023 0 Comments Matchbook price![]() ![]() It’s just as important to think about the psychological impact situations have on those involved (for example a tennis player at match point). Hearing Matt Piper say he still regularly goes “off piste” when trading made me think, no matter what level you are trading at there will always be them variables to deal with psychologically.Īlso, depending on the sport that you’re betting or trading on. I guess it doesn’t matter how good your data or fundamental reason for a trade or bet is, if you don’t have the right psychological approach things are to get messy. It was a pleasure to hear Matthew Benham deliver his views in such a straight-talking manner.Īfter spending a while talking about his football club (Brentford FC) it was quite sobering to hear his best advice for someone starting out betting or trading was to “get some good psychology books”. Matchbook Trading Conference – Matthew Benham At points in a match where there is pressure this would be of particularly interesting. It’s something I’m going to look into the data for further as, for anyone that’s ever traded tennis you will know there is extremely small downside with a large potential upside at such points. During the talk it left me thinking about her own frame of reference. Just recently I have noticed the tennis player Simona Halep (and im sure there are many others) has a routine of leading a game 40-0 only to find the following few points are given away in quick succession. However, having spent quite a bit of time in the Tennis markets just lately I found what he had to say about prospect theory and frames of reference very interesting. Much was covered about bias’s and behaviour that I have read about elsewhere. The day was kicked off with a particularly interesting slot from Professor V Williams. Matchbook Trading Conference – Prof Leighton V Williams Here’s a quick run-down on how the day went. ![]() I know plenty wanted to attend the Matchbook trading conference but couldn’t, be it for the price of a ticket or geographical location. hopefully the Matchbook trading conference yesterday was the start of some longer-term change! But much like in any betting market with change comes opportunity. If you’ve been trading any length of time, Betfairs premium charges and behaviour towards exchange users will be old news. The very same reason that although the exchange made them famous, they now force as much custom as possible to the sports book…Īdding the Premium Charge didn’t do the company’s reputation a lot of good either, but hey that only affects the minority of winners right? ![]() So why haven’t they blown everyone else out the water?įrom the speed at which Betfair took off it looked extremely likely, but of course the exchange model doesn’t give the company and its shareholders the fast-cash they want. You can get better prices nearly all the time, larger bets are possible and your account isn’t going to be closed. So, where did it go wrong?Īs I’ve said before, betting exchanges make perfect sense! It’s the best outcome for the customer, be it trading or punting. I think Matchbook’s CEO put it well when opening at the Matchbook Trading Conference yesterday.īetfair once had a great opportunity to dominate the betting industry, being the primary betting platform of the future. Think the Premium Charge killed Betfair? You’re probably not alone… Matchbook Trading… Will they ever truly rival Betfair?
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