How is this possible

[bimbi]

Hi all ,I would appreciate an answer to my question.Everybody says that on exchange only the people move the prices(odds) ,right.In this case how is possible that the odds on Betfair and Betdaq move always together .Sure there should be a difference in so many peoples opinion,how does this work?And this is day after day and hour after hour,they are always together .I hope everybody get what I say.

[Jukebox]

If you had instead noticed that they were very different you would look to figure out a way to exploit the differences. Starting off small and as you built your wallet increasing the exploitation. Eventually you might create some automation to extract all you could. Then somebody else might be asking the question you are now. I'm sure there is an army of traders exploiting the differencesto the point that they are barely visible.

[Dallas]

I'de expext there is more bots arbing the two exchanges then almost anything else

[bimbi]

Thanks Dallas ,but please read my second post.

[Dallas]

Thanks Dallas ,but please read my second post.

What second post?

[bimbi]

My second post doesnt appear.

[bimbi]

Aha ok .What i mean is ,by so
many people participating how is possible the odds are always more or less absolutely the same .Surely is not possible everyone to do the same thing on both exchanges without companies interference .And they say thre is no interference ,or im wrong.

[Dallas]

Aha ok .What i mean is ,by so
many people participating how is possible the odds are always more or less absolutely the same .Surely is not possible everyone to do the same thing on both exchanges without companies interference .And they say thre is no interference ,or im wrong.

As Jukebox and I have already said because bots will snap up any arbs between the two and close and gaps in prices between the two

[bimbi]

Really ,unbelievable ,thanks very much.

[SeaHorseRacing]

Wait for cheltenham there are some really nice arbs between the two. Last year there was a horse with about8/9 ticks difference in odds.