THREAT TO IN-RUNNING MARKETS.

Discuss anything related to using the program (eg. triggered betting tactics)

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THREAT TO IN-RUNNING MARKETS.

Postby DFK » Sat May 17, 2008 10:55 am

The gambling commission is currently looking into in-running markets. This is what I found on their web site:

We have released an issues paper on in-running betting, intended to generate debate and provide the Commission with information on a number of issues relating to the activity of betting in-running (in-play). We are looking at issues including technological advantages, trading rooms, time delays, potential for cheating and problem gambling and are seeking further evidence in response to the questions posed in this paper.

The responses will provide us with evidence in order to decide whether any action is required to regulate the activity of in-running betting. We welcome all information that will provide us with a solid evidence base with which to come to an informed decision on how to approach the issues that we think merit consideration in this area.

The consultation runs until Wednesday 6 August 2008. Responses from all interested parties are welcome by that date, further information on how to respond are contained in the issues paper.



The paper is 12 pages and is downloadable in pdf format.
I strongly advise all Gruss users to respond to this threat by making their feelings known to the gambling commission.

Regards DFK.
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threat to in-running markets

Postby DFK » Thu Jun 12, 2008 12:55 pm

Here is the e-mail address for any reply to the gambling commission in-running betting issue paper:
consultation@gamblingcommission.gov.uk

DFK.
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Postby jokerjoe » Wed Jun 18, 2008 11:59 am

Link:
http://www.gamblingcommission.gov.uk/Client/mediadetail.asp?mediaid=367

Can't see there being too much change, perhaps some more prominent warnings of the risks involved. Presumably Betfair will put together it's case.
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Sports betting software from Gruss Software


The strength of Gruss Software is that it’s been designed by one of you, a frustrated sports punter, and then developed by listening to dozens of like-minded enthusiasts.

Gruss is owned and run by brothers Gary and Mark Russell. Gary discovered Betfair in 2004 and soon realised that using bespoke software to place bets was much more efficient than merely placing them through the website.

Gary built his own software and then enhanced its features after trialling it through other Betfair users and reacting to their improvement ideas, something that still happens today.

He started making a small monthly charge so he could work on it full-time and then recruited Mark to help develop the products and Gruss Software was born.

We think it’s the best of its kind and so do a lot of our customers. But you can never stand still in this game and we’ll continue to improve the software if any more great ideas emerge.