Yes Degen1, I have read the thread you involve in(both on SBR and bitcointalk). I definitely don't agree with some of the actions carry out by fairlay. Hopefully at the end all the info will be publicly released by all parties.

Just got a pretty exciting announcement from troll-box.

Just a quick heads-up. In the following weeks we enroll an update to our infrastructure. If successful live markets will update much much faster resulting in a better betting experience. If you intend to offer odds for live markets contact us to learn more.

Perfect for the live market project I am working

Ya Danshan11 you are right. Got an official response from fairlay


You may set the accounts that are allowed to settle a market on it's creation. Anyway if you set any other settler than Fairlay, the market won't be listed on the website as this would be a security risk. Contact us if you intend to become a professional market maker here. In all other cases let Ognjen settle your markets....

So looks like all I need to worry about is adjusting the orders and creating market with the right time for now...Appreciate all the help guys

So I think it might be because of the following setting for my API user. Is there a way to grant API user access? I cant find anything in API and UI setting page.

     "0":{
            "CanSettleMarkets":false,
            "CanChangeTime":false,
            "CanDoAdminStuff":false,
            "CanDoSpecialRequests":false,

Is there some kind of rules regarding changing market date and settling market?

I first try to settle the market right away but got an error "XError: Settling Date not reached".
I figure is probably because the closing date and settle date is in the future so I try to change the market date with the API.
I tried with different dates ahead/behind of current time but all of them give me this error "XError: You are not allowed to do that"
Am I missing something here?

Thanks

Sorry a few more questions,

1) Is live market basically the same as regular market except its market status is set to INPLAY?

2) I have created some dummy market for experimenting. I don't see any API to remove market, I guess settling is the only way to remove the market?

3) I saw you guys have a discord channel but looks like its locked? Is that still being used?

Thanks

Ya that make sense. I imagine they have a script that has some kind of logic on when an order is matched, it trigger a check to query pinnacle's odds and if it didn't match, cancelled the matched order

I guess the feature (cancel matched order within x sec) is more gear towards live-market market maker?
For a typical market we can just contact admin and have them void the match order if it were too late.
Thanks for answering all the questions

Appreciate the reply! Good to know my assumption is correct

One more question if you don't mind. Lets say I created a market and creates order on both side.
I accidentally set the market close time a bit too late and there is a match order come in after the match is already ended in reality.
Is there a way as a market maker to cancel that late matched order?
I can voided the whole market but the previous match order are innocent. Or is it a market maker s responsibility to always make sure the market is close and order is cancelled in time.

Thanks!


Update:
Actually found this in create market API
VisDelay - Maximum allowed time to void orders on this runner. Usually is 6000.
Looks like you do have a set amount of time to cancel a order. Is this referring to after an order matched, you have x amount of time to cancel it?

I am much more familiar with placing bet now. It seems like UI only update every 20 sec or so, so it is much easier get the latest order book with API before you create an order.
Now I am starting to play around create Market. Anyone here have experience doing that? When creating new market do I just create order on both side ? To make the odds shift do I just simply edit my order with API "changeOrder"?

ya is definitely possible, someone is probably using bots to auto bet when their orders is filled. That would explain why the line in pinnacle move as well.
Thanks for answering all the dumb questions! Already start working on my bot and start betting. Appreciate all the replies
Do you have any link somewhere where I can tip you a coffee? 

so someone is probably creating all those market with pinnacle odds?(probably using a bot to scrap pinnacle odds and automatically create market base on that)  do we know if that is a user or fairlay themselves? I dont think pinnacle actually have an account on fairlay and creating all this market...why would they do that 

All these Esport market are created by fairlay themselves? or did some user created it? Who put the initial unmatch order in?

Also when trying to bet on certain match for example xxx vs yyy 1st map, there are always some duplicated empty market. Is that a bug? or did some user create those duplicated market?

Liquidity is definitely small right now for esport even when I am betting on sportsbook. When I was betting on sportsbook, I tend to use my betting bots to place bet 24 hours so even though individual bets are small but the volume is still decent for me. Trying to do the same for fairlay.

Nice to met another esport bettor! 99% of my bet focus on csgo and dota 2
One more question if you don't mind! If I use taker and place the best available odds order, does it guarantee a match?  
image

I also find it much easier to find the market I want with API than using UI web, since you can define a lot of filters for your search. If you are familiar with programming, it is actually pretty easy to find what you want. I am starting to like the platform more and more   (Still trying to figure out how to act as a market maker.. does anyone know if fairlay has decent volume compare to other crypto prediction/betting exchange?)

SyGambler here is where i found out about the market maker can selectively cancel your bet.

https://www.sportsbookreview.com/forum/sportsbooks-industry/3479633-fairlay.html

Ya I agree is definitely a different experience than betting on sportsbook. Personally I dont mind the learning curve, I am just tired of getting account locked and limit by sportsbook once they find out you are a winning player. (In US so I cant use pinnacle)

Thank you for answering SyGambler!

That does make a lot of sense! I also heard that for fairlay, once you place your bet there is a 60 sec time frame for the other side to choose whether he wants to accept the bet or not? Is that true?

Sorry still trying to learn how to use fairlay and have some really noob questions.

I think I still have the mindset of using a sportsbook. Some of the stuff just does not make sense to me, for example this market

image

Question 1 - So looks like the odds for TNC to be reach grand final is 8.3 which make sense. but the odds against TNC to reach final is 19.867?(thats just too good to be true)

Question 2 - I see there is ODDS and OFFERED ODDS, is ODDS the actual odds for the bet?(that would make sense but if that is the case what is OFFERE ODDS for?)

Question 3 - I assume liability is the max amount you can bet?

Question 4 - What is the different between taker, market/taker, market maker?
My understanding is taker basically just take the available orders. Market/taker would take the available orders and create additional order if it can fulfill the volume you want. Market maker would create order for both side and basically try to profit from the margin.

Sorry if any of the these questions is dumb.

Nvm, got a direct answer from one of the admin. They do accept US player but some state might be not allowed.