can someone tell me how this works?
not used to vig???
an example would be greatly appreciated guys.
all the best.
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I wonder how many people use market maker. I paid no attention to it.
Last edited by Chuck Sims; 02-01-11 at 01:59 PM.
SBR Founder Join Date: 12/29/2005
With Matchbook market maker you can quickly make offers on both sides of a market.
SBR Founder Join Date: 8/11/2005
SBR Founder Join Date: 12/29/2005
Yes the way they word it is kinda weird.I have been on Matchbook for a long time and have never used marketmaker. I have read the blurb they have about it in the help section and the example they give is this:
In this example, MarketMaker will enter a request for Boston -7.5 at odds of +106 and another for Sacramento +7.5 at +106. (Remember, these offers will appear in the market at -106 by -106, so that other people can match up against your requests.) If you get balanced action on these offers, you will lock in a profit of 2.5%, equal to your selected vig.
I really see no difference between this example and just entering an offer on each team.You would also need someone to take the other side in this example so if you tried to do this you might be left with exposure on just one team. Not really sure why they have this feature.I am going to just ignore it
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