Today's Horse Racing
19.15 Wolverhampton 25 mins before start, someone layed 4000 on "Data Protection" at 4.5 which stuck out like a sore thumb against the low trades.
Thought it was manipulation but got taken 5 mins before the off. Data Protection lost to "Tiny Tempest"
Would this have been inside info?
Thought it was manipulation but got taken 5 mins before the off. Data Protection lost to "Tiny Tempest"
Would this have been inside info?
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Whenever a substantial bet moves the market several ticks, all we know for certain is that somebody either placed a bet they didn't intend, or they wanted a lot of money on that horse even if it means taking a shorter price than on offer.
If it's the latter, it could be a gambler (with or without inside information), it could be a trader cutting his losses, a bookie reducing his liabilities, or perhaps just an idiot with a lot of money!
If it's the latter, it could be a gambler (with or without inside information), it could be a trader cutting his losses, a bookie reducing his liabilities, or perhaps just an idiot with a lot of money!
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stueytrader
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Delete: repeat post sorry
Last edited by stueytrader on Sun Oct 08, 2017 10:13 am, edited 1 time in total.
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stueytrader
- Posts: 877
- Joined: Tue Dec 15, 2015 6:47 pm
Delete: repeat post sorry
Last edited by stueytrader on Sun Oct 08, 2017 10:13 am, edited 1 time in total.
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stueytrader
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Aint that just the beauty of these markets - you can never (fully) tell just by looking at the money itself. Although, I still 'try' to tell which explanation fits best when big money comes into a market either way. I guess factors like the timing, and surrounding money come into play when interpreting.Derek27 wrote: ↑Sat Oct 07, 2017 9:20 pmWhenever a substantial bet moves the market several ticks, all we know for certain is that somebody either placed a bet they didn't intend, or they wanted a lot of money on that horse even if it means taking a shorter price than on offer.
If it's the latter, it could be a gambler (with or without inside information), it could be a trader cutting his losses, a bookie reducing his liabilities, or perhaps just an idiot with a lot of money!
When it's a big gambler (punt) I often find myself thinking though - 'why didn't they take the bigger prices earlier drip feeding the money in...'
If it's someone like Michael Tabor, I doubt he's got the time to sit at a computer for two hours and if all the major bookies won't take my bets they're not likely to take his !stueytrader wrote: ↑Sun Oct 08, 2017 10:12 am
When it's a big gambler (punt) I often find myself thinking though - 'why didn't they take the bigger prices earlier drip feeding the money in...'
When you think about it, the Betfair price, even when commission is taken into account, can still be several ticks above the best bookie prices, so it may still be worthwhile for a punter to dump a few grand on the exchange.
the markets are good this afternoon. why on earth would you rather trade that dross (the markets not the quality of the racing) as oppossed to the uk and irish markets.