When you make a market, you set the price. That's the edge. It's also the risk: the moment you post a bid, it starts going stale. The line moves, your bid doesn't, and the edge you had at 2pm can be gone by 6.
The bids that get filled are often the ones you'd have pulled if you'd been watching.
Maker Tracking watches them for you. Every bid you're market making on now lives in GamedayMath, with the edge on each one right next to it.
How it Works
- Log your bid. In the Bet Tracker, check "Make a Market," then enter your price, size and maker fee. Takes about as long as tracking a normal bet.
- See your edge on every open bid. Resting Bets, on the Analysis page, lists everything you have posted: the market, the exchange, how much has filled, and how much edge each bid still has.
- Pull the bids that stop paying. When the line moves and your edge gets too thin, you'll see it, and you can pull or reprice the order before someone fills you at a bad number.
- Log fills as they hit. Each filled piece moves to Pending Bets and grades like any other bet. Whatever hasn't filled keeps resting, and keeps being tracked.
Why it Matters
Stop getting picked off. A stale bid is a free option for whoever's on the other side. Seeing your edge shrink is how you pull it before they take it.
Know which bids to leave up. Not every market deserves your attention. Edge on every line tells you where your money should be resting and where it shouldn't.
A record that tells the truth. Partial fills at your price, with maker fees included, all in the same place as the rest of your bets. No more spreadsheet just for your maker orders.
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