Betfair records matched volume as 2 x stake while Betdaq records it as stake + liability (more meaningful, I think). The ratio will clearly depend on the matched odds, but for golf it's around 10, so the £12.7 million on Betfair is equivalent to around £130 million in Betdaq terms.Whether or not it is true that liquidity is flowing from the former to the latter thus remains to be confirmed, and in future, I shall only write about things I understand.
So, after three and a half years, we reach the end of the road. Good luck, and goodbye.
1 comment:
Don't retire!
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