FAIRLAY - SPORTS BETTING for experts - highest liquidity, provably best odds

[linan2332]

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? 

[SyGambler]

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?  

glad I was able to help a little , you don't need to worry about the coffee  

if you need anything in the future as well just let me know through PM or we can chat on telegram , best of luck with your bot maybe you can send it for me in the future if it works well  

[linan2332]

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"?

[FairlaySupport]

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"?

All correct.  If you open a dedicated market page, odds refreshing rate is better.   If you create a market yourself, best do so via the API.

[linan2332]

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?

[FairlaySupport]

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?

Any bet that is matched after the event goes live or is decided is subject to be voided. Just contact Ognjen. 

What you found is for advanced market makers  and gives them the right to cancel any matched bet within a few seconds.

[linan2332]

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

[DarkStar_]

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

I think it's also used to quickly ping the odds source that you're using (for example if you're hedging on Pinnacle) and make sure that their odds haven't changed when someone places the bet so that you're not accidentally taking a bet on stale odds.

[linan2332]

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

[linan2332]

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

[FairlaySupport]

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

No problem at all.

yes
yes, putting the Closing and settling Time to a close date is the option to remove markets.
it's not used anymore

[linan2332]

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

[linan2332]

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,

[degen1]

FYI, read about how Fairlay is withholding my money against my consent right now.

https://bitcointalk.org/index.php?topic=5173428.0

[danshan11]

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

you dont need to settle a bad market just remove unmatched orders and let it die by itself. you also can contact support chat on fairlay and ask them to update the settle date if that is what you need. Easiest thing to do is just recreate the market again with updated dates add any unmatched orders and you should be good to go. Users settling markets its better to let fairlay settle them. are we talking sports or some "news" type stuff?

[linan2332]

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

[linan2332]

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

[degen1]

You should just be careful using this site as they disclose your information to third parties apparently, and at any point there is a risk that your funds may be seized for an "allegation" that you won't be told any details about. As a result you should be careful about what information and data you are giving the company if that is of any importance to you and I would question putting any major funds into the site. If you are just making small time predictions you should be fine.

Feel free to look at my other posts for details.

[SyGambler]

You should just be careful using this site as they disclose your information to third parties apparently, and at any point there is a risk that your funds may be seized for an "allegation" that you won't be told any details about. As a result you should be careful about what information and data you are giving the company if that is of any importance to you and I would question putting any major funds into the site. If you are just making small time predictions you should be fine.

Feel free to look at my other posts for details.

I wish that you continued updating the thread in the scam accusation section , you just created it and abandoned
went to SBR and checked the updates , I really don't know what to say cause this is really bad

the story still completely vague tho and looking at the current info Fairlay guys are totally the ones to blame
I'm sure they will pay you at some point but it looks like they will take ages

keep updating the thread , DTs should realize that your scam accusation is no joke

[FairlaySupport]

Yes we reserve the right to freeze accounts  and establish the identity if we supsect a user of having committed a crime or any other foribdden activity outlined in our Terms.   
Most likely you belong to the 99.9% of users who are not affected by this.