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Smarkets.com Exchange

  • 06-04-2011 6:40pm
    #1
    Raskolnikov
    Registered Users, Registered Users 2 Posts: 10,148 ✭✭✭✭


    Is anyone using this exchange? I have never even heard of it before, although it seems fairly new. The liquidity on it is incredible - looks as good as Betfair, which seems to good to be true.

    Any folks here on it?


Comments

  • #2
    Juwwi
    Registered Users, Registered Users 2 Posts: 4,261 ✭✭✭Juwwi


    I have never heard of it before they must'nt spend much on advertising the site :confused: but it looks interesting.

    The liquidity looks a bit strange look at the 2.00 at aintree there is £349,000 waiting to be layed at 500 on Knockara Beau :confused::confused:

    http://smarkets.com/sport/horse-racing/aintree/2011/04/07/14:00:00?depth=1


  • #3
    Juwwi
    Registered Users, Registered Users 2 Posts: 4,261 ✭✭✭Juwwi


    Now the site is down




    Smarkets is upgrading

    We're currently improving our service and will be back very soon.
    Apologies for any inconvenience


  • #4
    Raskolnikov
    Registered Users, Registered Users 2 Posts: 10,148 ✭✭✭✭Raskolnikov


    I just realised how they're generating the liquidity - they're basically acting as a bookmaker, using the odds that are currently up on betfair.


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