Choice Odds Fixed Odds and Binaries

yorkshires_finest

Junior member
16 0
Has anyone on here used Choiceodds.com before? They've got a lot of 5 minute markets, odds and binaries. Anyone had any luck, I've managed to get some small arbs on with them.
 

henry766

Well-known member
433 17
So do you use choice odds yorkshire?I use ladbrookes at mo , which looks very similar to the choice odds platform ( extremly similar), but if they let bets go through it's a lot better , i had 6 "price no longer valid s " in a row today , plus they take an age to accept the bet , though this varies , maybe with who they have on , because i'm sure the longer time taken accepting a bet is down to an operator and these vary , though they will tell you different !!
 

yorkshires_finest

Junior member
16 0
yes Henry I've had a few bets through them, they have gone through quickly. I actually find the arrows a bit trickier to read than the matrix view, the arrows look nice but I prefer to read what I'm betting on. I guess it's down to personal taste. I'm mainly playing on the five minute markets, FTSE and Dow for now.
 

henry766

Well-known member
433 17
No offence notquite random , but i didn't think they were pirating ladbrookes , but maybe using a licensed product , i believe i'm right in saying that ladbrookes platform is /was controlled by cantor , i found this out when i had even bigger price no longer valid problems which cost me about £800, though i got a £50 rebate ( yeh i do feel like a mug , but what can you do , stop using them? i'm winning a little at mo so just put up with it , those price no longer valids mostly come up when your winning a bet , though they changed it slightly so immediate price no longers can be both ways , but the longer ones you get (after 30 seconds or so are grossley unfair, only stopping winners and taking the losers you get , i also believe you get more of these the more you bet . Back to first point , it wouldn't surprise me if choice trades are operated / managed through cantor in the same way ladbrookes are , maybe even by the same person at cantor!!
 

henry766

Well-known member
433 17
i stand corrected notquite, didn't read all that you'd said , but makes a lot of sense now i have !!
 

NotQuiteRandom

Well-known member
295 17
I agree with your second point. They may well be part of Cantor or Ladbrokes rather than a smaller shop. I didn't think so at first as they have a very different image and company. Perhaps we jumped to conclusions.

I might open an account with them and see how their pricing is for real money relative to not being logged in.

Who knows - maybe they will be as good as binarybet / Intrade.
 

henry766

Well-known member
433 17
I'm sure thier pricing is fine , it's these dam "price no longer valid "rejected bets that is so unfair , personally i don't binary bet as i like predict up or down with straight odds.
 

NotQuiteRandom

Well-known member
295 17
The binary idea is the best innovation in recent trading history I think and there are so many ways to do it. I like the lay your own odds approach at Intrade but find that the liquidity is an issue at certain times of day. I am a large net winner by laying two sided prices through the API there though so am a fan. Can get some wide spreads through.

BinaryBet and the others are also good but no API for auto-execution. I am sure that the products at Choice Odds will evolve and improve. It must be said, it is a good looking site even if the bets are a bit dear. I might email them to ask about an API.

NQR
 

NotQuiteRandom

Well-known member
295 17
Intrade are an exchange at intrade.com offering political, current event, financial etc binary futures.

They are based in Ireland and are pretty huge. Interesting case, they *may* be legal in the US (reference the Iowa exchange http://www.biz.uiowa.edu/iem/ 'no action' letter from SEC etc etc.).

NQR
 

henry766

Well-known member
433 17
I also if possible like to trade 5mins on ladbrookes , which is very fast , even trading retail futures you'd be hard pressed to win so fast because of commission and margin ,can do 20or 30 trades a day quite easily on ladbrookes , also helps in building experience some when doing this, arn't binaries generally hourly at shortest?
 

yorkshires_finest

Junior member
16 0
Henry, I'm the same, I've spent hours on the five minute markets on Ladbrokes. Choiceodds seem to offer 5 minute binaries all day, had some luck yesterday. The prices whip around a lot which makes it interesting.
 

BinarySoft Chris

Well-known member
301 2
Yeah the ChoiceOdds.com site does look pretty slick, it's handy having the choice of fractions/decimal/binary odds , although I'm not sure who would choose fractions!
 

9DartNanny

Newbie
5 1
yorkshires_finest said:
Henry, I'm the same, I've spent hours on the five minute markets on Ladbrokes. Choiceodds seem to offer 5 minute binaries all day, had some luck yesterday. The prices whip around a lot which makes it interesting.
That's right, the prices do whip around a great deal. I've just opened an account with these guys and I'd say 80% of my trades have been rejected and those that were accepted had gone against me. Very annoying to say the least. I like the concept but if I can't get a trade on then what's the point? I was only playing in £1 stakes as well - my bets take at least 20 seconds to be processed. :devilish: :devilish: :devilish:
 

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