Talk:Betting exchange

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Betting exchange is part of WikiProject Gambling, an attempt at building a useful gambling resource. If you would like to participate, you can choose to edit the article attached to this page (see Wikipedia:Contributing FAQ for more information).

User:ProphetExchange and an anon (probably the same person) are trying to insert refs to 'Prophet Exhange'. Google indicates nn, so I reverted. If anyone can show otherwise, please do so here. --Doc (?) 18:28, 28 July 2005 (UTC)

http://www.alexa.com/data/details/traffic_details?&range=max&size=medium&compare_sites=&y=r&url=betfair.com shows that traffic to betfair.com has halved in the first 6 months of 2006. Does this indicate that betfair.com no longer owns 90% of the market? Has an competitor taken a lot of their market?

[edit] Name change to "Betting Exchange"?

Almost everybody refers to the Betting Exchanges as such - and not a "Bet Exchange" as referred to in the title.

Shouldn't this entry be re-labelled to "Betting Exchange"? —The preceding unsigned comment was added by Hne123 (talkcontribs) 11:46, 9 February 2007 (UTC).

It looks like an anon editor changed it in 2003, and nobody has done anything about it till now. Betting exchange is obviously the common term, so switching the redirect makes sense. 2005 12:10, 9 February 2007 (UTC)
Can someone please change the name back to "Betting Exchange"? I'm wary of creating a re-redirect as "Betting Exchange" currently redirects to "Bet Exchange". Also, I'm not sure how to bulk change the pages that link to "Bet Exchange". Hne123 15:47, 9 February 2007 (UTC)

[edit] Traders ave P&L figures ?

I am not going to edit the page, it is none of my business. But the following statement in the Traders section may need to be updated:

"The profit or loss for a trader will typically be no more than 10% of the total amount of his combined back and lay stakes." 

Exchanges such as Betfair are quite efficient now and the 'overround' (which is the p&l on a balanced book) is typically less than 2% when liquidity in the market is high enough for a trader to be able to reasonably expect to take offsetting positions. BUT If you know of somewhere where the overround is in the region of 10% PLEASE LET ME KNOW! I wan't in on that action!!! 203.11.225.5 04:46, 22 May 2007 (UTC)