Pre Race Cross Matching Sat 15th January 2011

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Pre Race Cross Matching Sat 15th January 2011

Postby GaryRussell » Fri Jan 14, 2011 5:39 pm

Following a previous trial, pre-play cross-selection matching (‘cross-matching’) will be turned on for UK and Irish win markets. This shall commence on Saturday 15th January.

Cross-matching will be turned on for all pre-play win markets on British and Irish horseracing generally around 10-30 minutes before each race.

Cross-matching is already turned on when these horseracing markets go in-play.

Cross-matching was introduced on most sports during 2008 and has had a significant, positive impact on liquidity. It has meant that a customer’s bet is more likely to be matched than would have been the case without cross-matching. When a bet request cannot be matched by an opposing bet on the same selection, cross-matching will attempt to match the bet request with unmatched liquidity on the remaining selections in the market. Cross-matching incorporates ‘best execution’ meaning that whenever the bet matching algorithm can match a bet request at a better price than requested, it will do so, resulting in the customer making the bet request getting the best possible price.

We don’t expect customers to notice any material difference in the way the win markets operate.

Betfair do not provide an indicator that cross matching is active so the best we can do is provide an option to turn the calculations on or off in Betting Assistant. We will release an update tomorrow morning.
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Postby mak » Fri Jan 14, 2011 5:46 pm

Gary would it be possible to switch on-off cross matching per tab of BA?
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Postby GaryRussell » Fri Jan 14, 2011 5:50 pm

Yes, it will be as it is now. You will click the "XM" button above the grid or ladder.
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Postby mak » Fri Jan 14, 2011 6:15 pm

Thanks
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Postby GaryRussell » Sat Jan 15, 2011 9:39 am

Apologies. The intention was to release an update today, but it's going to be delayed by a few days.
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Postby dflowe » Sun Jan 16, 2011 2:26 pm

Hi Garry
Does this meen that the over round and under round possibilities will no longer be available?
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Postby GaryRussell » Sun Jan 16, 2011 2:57 pm

I believe so.
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Postby dflowe » Sun Jan 16, 2011 3:12 pm

oh bugger.
Thats a big slice of my income gone then.....thinking cap will have to come out the cupboard again..........

thanks for the reply
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