Question about Cloudbet

[Jared Brooks]

Multiple people on this forum have written than Fairlay is a Pinnacle agent. Max bets at Fairlay move lines at Pinnacle immediately.

Is Cloudbet a Pinnacle agent? Will limit betting at Cloudbet move lines at Pinnacle?

[energizer]

There's no way that Cloudbet is a Pinnacle agent

Multiple people on this forum have written than Fairlay is a Pinnacle agent. Max bets at Fairlay move lines at Pinnacle immediately.

Where did you get that idea from that Fairlay's max bets move lines at Pinnacle?

[lonnie55]

Max bets at Fairlay move lines at Pinnacle immediately.

Probably that's because Fairlay's forwarding the bets to Pinnacle. Fairlay has nothing to do with Pinnacle, AFAIK.

[deadley]

Cloudbet is not a Pinnacle agents. Use as much as you can but Cloudbet do limit if you win continously.

[Okocha]

They both move Pinnacle lines.End of the story

[Limited]

IMO Fairlay is not an agent of Pinnacle, but could be a B2B partner. Makers on Fairlay are definitively using some kind of API to follow the Pinnacle odds, not sure about vice versa, but Fairlay makers could also be hedging their open positions at Pinnacle sometimes. Which would explain the correlation between Pin and Fairlay odds.

[ichiro4thehall]

IMO Fairlay is not an agent of Pinnacle, but could be a B2B partner. Makers on Fairlay are definitively using some kind of API to follow the Pinnacle odds, not sure about vice versa, but Fairlay makers could also be hedging their open positions at Pinnacle sometimes. Which would explain the correlation between Pin and Fairlay odds.

Yeah, there isn't the liquidity at Fairlay for the market makers to make profits without huge volatility so they seem to basically use Pinny and instantly arb the bets they get matched at Fairlay. I'd be interested if this is the case how they deal with the Bitcoin price risk. Even using a live exchange rate in their program wouldn't mitigate all the risk.

[ichiro4thehall]

IF Fairlay did have a B2B partnership with Pinnacle and Pinnacle DID allow Fairlay to bet in Bitcoin with them, Then IF Fairlay was a market maker on its own website then this would be a pretty sweet automated money tree.

[raiders72001]

Fairlay can move Pinny. Cloudbet uses different lines.