Understanding Depth of Market: How to Leverage Market Liquidity for Better Trades

We personally use 888 a lot (more for the casino than the sportsbook, if we are totally honest), and we have never encountered any problems. It’s really easy to cycle through the different sports that you can bet in-play with. The array of sports is huge with football, tennis, cricket, basketball, snooker, darts and baseball the headline sports. Also on the list are ice hockey, boxing, handball, rugby league, squash and volleyball. This indicator is best used for predicting the liquidity of a particular selection rather than the whole market.

• This transparency makes it possible to see what other participants are doing for instance the institutional investors who place large orders that can make the price jump.
• By depositing and wagering £10, the reward is 1x£10 football bet, 1x£10 horse racing bet, and 1x£10 in-play bet.
• This means there is no personable back story like you might get when talking about traditional bricks and mortar UK bookies.
• Live streaming in high-quality video is offered by 888sport on ‘selected sports.’ Just take a browse through the live betting section and look for the camera icon.
• They also provide betting on more obscure sports such as darts, snooker, cycling, and MMA.
• In a high-liquidity market, both back and lay book% are as close to 100% as possible (the back book% is slightly greater than and the lay book% less than 100%).

Building a depth chart with Highcharts

You then have to click on the market itself, and then the red or green button at the right of the screen will show the potential returns you’d receive if you chose to accept the offered price. Whereas some punters may prefer this method, we think it’s a little bit too fiddly. In an ideal world, you would be able to see somewhere close to the betting market on the main betting area itself whether or not the function is available, or simply just by having a quick check of your bet slip.

There was a bet request feature called #marketmaker allowing customers to ask for odds on anything, although depth of market is excellent at 888 which may explain why it has gone quiet. Tap into a wider range of odds available on each selection via the “Depth” button, or tap on “BSP” to get a projected Betfair SP price at the event start time. Plus you’ll find race analysis for Australian and New Zealand thoroughbred races by tapping on “Tips”. BestBettingSites.co.uk is a comparison website operating in the online betting and gambling world. We receive a commission for products you buy via our links, but this does not affect our reviews in any way.

In addition to the betting features, substance and the great free bets welcome bonus, which are already quite impressive, it’s also fun to use its intuitive and slick design. The amounts of money offered at the best prices (back and lay) of a selection is also a liquidity indicator, albeit an indirect one. If, despite being in a close succession, the prices of the selection are not supported with enough money, your bet is likely to remain unmatched.

Unlike traditional bookmakers, betting exchanges allow you to bet against other users. Liquidity, in the context of betting exchanges, refers to the amount of money available for backing and laying a particular bet at any given time. With regard to the welcome bonus, the only payment methods that don’t qualify are Neteller and Skrill. As you would expect, 888 have made placing a bet a smooth and straight forward procedure.

How Liquidity Affects Your Matched Betting Strategy

The best way to get in touch, we found, was via the website’s live chat function. This way, you can get on with other business instead of having to hold the phone. Firstly, you’re getting your replies in writing, which means you can go over them whenever you like; however, once you’re through to an agent, those replies are instead just as they would be in a phone call.

We found that we could display sports alphabetically, making it easy to find the ones that interested us. It was also a breeze to flick between upcoming events, live bets, and the casino. The tabs and menus are all clear and we had no problems finding our way around. 888sport provides UK punters with all-encompassing customer service options including live chat, phone service and email assistance.

Each price level displays the cumulative volume of buy and sell orders, offering a snapshot of market liquidity and the potential for price changes. This real-time data can be crucial for day traders who need to react quickly to market shifts. The depth chart serves as a window into market liquidity, showing how 888sport login much buying and selling pressure exists at different price levels.

The overall sports coverage is more than satisfactory, however the overall volume of streams shown per day is somewhat lacking. Simply place a bet on odds of 1.5 or higher, and you are good to go, note that the minimum deposit is £10. Once again, we found the customer service team using live chat to be friendly and personable, with all queries answered to our satisfaction. The typical response time via live chat is just a few minutes, so it’s also just about the quickest way to resolve any queries with 888sport. 888sport does have a strong customer service offering, and while you can contact them by post if you so wish, the most straightforward ways are, of course, to call them or to engage online.

Some trading practices such as high frequency trading can be restricted and limit specific types of orders thus affecting the ratio between buy and sell orders. For instance, high buy volume indicates that numerous persons are willing to open a position at a specific price level and, therefore, the price cannot depreciate below this mark. On the other hand, a large number of sell orders means that there is enough stock and therefore the price may not be able to break through that level easily. These patterns help the trader to know when to enter into the market or when to exit hence the right decision is made. Should you have an order to sell 10,000 MEOW shares at the market, you would sell all the available bids down to $13.35, where there is a standing order to buy 43,500 shares.

888 Sport incorporates three key Customer Support features, facilitating general inquiries, checking bonus eligibility or terms, and requesting self-exclusions or time-outs. However, it’s live support is unavailable after 6pm — a factor to consider for those who may require assistance during evening hours. As a member of 888 Sport, you can frequently take advantage of various promotions, including price boosts, small free bets, and accumulator bonuses. Slightly below the average, the sportsbook section at 888 Sport boasts an impressive lineup of 31 sports, constituting 52% of the sports considered in my bookmaker reviews.

Therefore, it doesn’t guarantee a profit, and caution should be exercised. It’s important to highlight that 888 Sport operates its well-known Casino, Poker, and Bingo products independently. Each product functions as a distinct entity, necessitating separate logins for access. I’ve discussed this lack of integration in the ‘User Interface’ section of this review.

This distinguishes the site from many other bookmakers that impose this fee. The website holds a ‘Medium’ fund protection rating, as evaluated by the Gambling Commission. This rating indicates that certain measures are in place to keep customer funds separate from the business’ accounts, ensuring the distribution of assets to customers in the event of insolvency. It’s important to emphasise, however, that fund protection is not guaranteed at 888 Sport. On a positive note, 888 Sport’s desktop site includes a fairly active blog featuring previews of upcoming events. The mobile version carries slightly more weight in the overall user interface rating, reflecting the growing popularity of apps over traditional desktop sites.

In this guide, we’ll walk you through what liquidity means, how it affects your betting, and the best practices to manage it effectively. The bookmaker is a member of numerous organisations to ensure security and integrity in its service. The operator is partnered with numerous responsible gambling organisations, including Gambling Therapy and GamCare. The best providers on the market are all included; NetEnt, Playtech, Dragonfish, Evolution, Yggdrasil, Novomatic, and more. Using the 888sport mobile site can be a little slow and cumbersome, while despite a similar design, the app just seems to be slicker and more direct.