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    they copy all lines with the exception of college...

    they copy all lines with the exception of college basketball and politics?

    I'm pretty sure it's an in house algorithm using external investor capital that just replicated Betfair markets verbatim....
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    Smarkets copying Betfair lines via API

    Have written to Betfair corporate relations informing them of my observation that Smarkets appear to be copying their line odds directly via API.

    Do you think they would be in a position to block...
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    Well no Christmas Present from Smarkets this...

    Well no Christmas Present from Smarkets this year. Their open and transparent free market model continues to treat me like a second class citizen / political decenter.

    Maybe they will be more...
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    404error joined this forum on the 22nd of...

    404error joined this forum on the 22nd of December. Suspicious?
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    Well Smarkets are obviously listening in so let's...

    Well Smarkets are obviously listening in so let's say that i'm -£1,000,000 over the last 3 months.
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    Well Smarkets appear to be self-regulating to a...

    Well Smarkets appear to be self-regulating to a degree. If you threaten to complain to their regulator they will ostensibly regulate that you are no longer welcome on their site for the remainder of...
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    Last 14 days on Betfair since Smarkets turned my...

    Last 14 days on Betfair since Smarkets turned my business away

    http://i784.photobucket.com/albums/yy130/jamesmh/smarkets1_zpse7bdf9c2.jpg

    If i'm too much for their market makers to handle then...
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    0.8% comm is a lot of unnecessary extra juice to...

    0.8% comm is a lot of unnecessary extra juice to have to pay. I just want to shop around for the best possible deal that's all.

    Also if I bet with smarkets it means I don't have to worry whether...
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    The threat story is utter hogwash and hopefully...

    The threat story is utter hogwash and hopefully you are all able to deduce that.

    Perhaps it's a cultural misunderstanding with the co-founders of Smarkets being Americans? Certainly as a Brit, I...
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    Seriously, when a company acts this incongruously...

    Seriously, when a company acts this incongruously what's the best way to make them see sense? I was in private discussion for 19 days with the chief exec who repeatedly asked me to change my betting...
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    Bit of a blood bath for me on Betfair today. The...

    Bit of a blood bath for me on Betfair today. The irony is that I would have placed all my bets on Smarkets at 2% comm instead of 2.8% at Betfair (I don't pay the premium charge) if they hadn't closed...
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    Coupon Issues

    Seems like someone previously mentioned having issues viewing coupons, and you said it was a problem on Betfair's side.

    I still often have issues viewing coupons, sometimes handball coupons show...
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    Just re-read this..... Basically what they...

    Just re-read this.....

    Basically what they appear to be saying is that if you are a consistent winner then management may approach you at their discretion to request that you adjust your trading...
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    Andrew Black just joined the debate ...

    Andrew Black just joined the debate

    https://twitter.com/bertthebold/status/282443660837146624
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    I really doubt that more artificial liquidity is...

    I really doubt that more artificial liquidity is the answer to be honest.

    I personally wouldn't sign up to become a market maker. Imagine if you were to price up 100 horse races simultaneously at...
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    If anyone still believed that this was about a...

    If anyone still believed that this was about a threat to license here are some excerpts from emails with management:







    I live too far away to meet
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    I sent a tweet to one of the angel investors in...

    I sent a tweet to one of the angel investors in Smarkets. Perhaps they will put pressure on management for a common sense resolution to all of this.
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    It seems like this is the crucial clause in their...

    It seems like this is the crucial clause in their t&c's:

    https://smarkets.com/terms/
    "Account Holders may not threaten our Maltese license"

    So basically, one can never make a complaint about...
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    In my experience if they write to you asking you...

    In my experience if they write to you asking you to adjust your trading style and you say no, they will likely continue to write to you for 19 days in a row, and pester you on the site's live chat...
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    I believe they're just trying to divert attention...

    I believe they're just trying to divert attention from the real issue here. Thankfully both yourself and Peter are able to see the wood from the trees and I doubt either of you will be cutting cards...
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    They were threatening closure long before I even...

    They were threatening closure long before I even mentioned making a complaint to the LGA, so as I see it Smarkets management have been quite dishonest with the members of this board.

    Moreover...
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    No agreement was ever offered. Nor did I threaten...

    No agreement was ever offered. Nor did I threaten them. I just said that I would report the matter to the LGA as there was (and still is) a clear conflict of interest here between two supposed...
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    Not really, I sent a whatsapp message (how very...

    Not really, I sent a whatsapp message (how very .com startup) to the CEO saying that we should seek to clarify terms of use, because I can't go on trading while trying to second guess what types of...
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    I made no formal agreement with Smarkets as to...

    I made no formal agreement with Smarkets as to what did or did not constitute "acceptable forms of trading". I did offer my hand to clarify the position in writing with management, but I until it was...
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    Hi Guys, There seems to have been a rather big...

    Hi Guys,

    There seems to have been a rather big misunderstanding between myself and Smarkets.

    I do not believe that I ever made "thinly veiled threats against their license". I merely said to...
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