The signal sells a selection, and a person still places it
A signal service is the boundary case of this desk. It sells a selection - a message saying bet on this - and a person still opens the account and presses the button. Nothing about it is automated, so nothing about it breaks the placement term, and yet it is the nearest neighbour, because it shows where the machine ends and the person begins. Of 400 sampled signals, 340 were placed by hand and 60 were never placed at all.
- signals
- 400
- placed by a person
- 340
- missed
- 60
- signal to placement
- 252 s
- still at the quoted price
- 34%
- automated
- none of it
A signal service sells a selection and no placement: the buyer reads a message and places the bet themselves, so no term about automation applies. Of 400 sampled signals, 340 were placed by hand, 60 were missed, and only 34% of the selections were still available at the price the signal quoted by the time the person placed.
Why this is the edge of the desk
Everything a signal does is legal inside the account term, because a person is at the button. Everything a bot does is outside it, because a person is not. The two are one step apart and the whole difference is 252 seconds and a keystroke - which is why a customer who buys a signal and then automates the placement has crossed from the first thing to the second, without changing anything about the bet itself.
| a signal | a program | |
|---|---|---|
| who decides | the seller, then the buyer | the seller, then the program |
| who places | the buyer, by hand | the program |
| gap to the price | about 252 s | about 0.08 s |
| inside the term | yes | no |
| the same selection, two different acts | one keystroke | |