Cheltenham Festival 2018

[SeaHorseRacing]

First flow 15.5 now. Damn it, will let it ride with 385 to win, just not worth ruining my Cheltenham for such a large lay stake.

Might take the week off if it wins.

[sionascaig]

I managed an early £500 scalp on Getabird - it took about two hours for the money to get through the queue.

Took me 30 mins at 11am to get one through on Getabird... Strangely enough it was faster last night (albeit small stakes)...

[LeTiss]

I am a trader that always messes on the early prices, as opposed to the carnage in the final 30mins - I can tell you from experience that the fill rate is OK. I've pushed through some decent trades already

[brimson25]

My first Cheltenham trying to trade.

I do hope I'm not about to get my backside handed to me on a plate

[convoysur-2]

smarkets have over 8 million traded on the first ,
i dont know how they calculate it ,but its a lot .
https://smarkets.com/event/905202/sport ... content=sq

[SeaHorseRacing]

smarkets have over 8 million traded on the first ,
i dont know how they calculate it ,but its a lot .
https://smarkets.com/event/905202/sport ... content=sq

Not sure whether I believe that if I am honest...

[LeTiss]

smarkets have over 8 million traded on the first ,
i dont know how they calculate it ,but its a lot .
https://smarkets.com/event/905202/sport ... content=sq

Not sure whether I believe that if I am honest...

I haven't joined Smarkets, so I'm in no position whatsoever to pass judgement, however I am also suspicious of their matched figures. Do they include self-matching in those figures? Betfair used to do that in the early days, and it's the easiest way to increase and exploit the supposed levels of liquidity

[Euler]

If you matched £10k with yourself a lot you could create massive 'liquidity'

[Original-Soultrader]

Question on matching - is it really first come first served?

reason: on the first chelt today i thought 'lets see how long it takes to get matched' i placed a £50 stake at 3.05 on the fav - at the time the amount matched was 890k at that price and there was 7k in the queue - so my reasoning was that at 897k ish i would get matched - right now it's at 910k and i'm still not matched - how does that work?

[Naffman]

Not a lot getting matched at 3.0 on both exhanges

[Original-Soultrader]

I also note this - at one point it was exactly 1k in the pendings - i saw several lays placed which did not deduct from the pending number at all. is this even accurate?

[Euler]

Question on matching - is it really first come first served?

reason: on the first chelt today i thought 'lets see how long it takes to get matched' i placed a £50 stake at 3.05 on the fav - at the time the amount matched was 890k at that price and there was 7k in the queue - so my reasoning was that at 897k ish i would get matched - right now it's at 910k and i'm still not matched - how does that work?

Matched totals are double actual totals and then there's cross-matching to talk about!

[dragontrades]

All the best to everyone for the week, try not to give Euler all your money

[Dallas]

Question on matching - is it really first come first served?

reason: on the first chelt today i thought 'lets see how long it takes to get matched' i placed a £50 stake at 3.05 on the fav - at the time the amount matched was 890k at that price and there was 7k in the queue - so my reasoning was that at 897k ish i would get matched - right now it's at 910k and i'm still not matched - how does that work?

Matched totals are double actual totals and then there's cross-matching to talk about!

Lets not set Letiss off today with XM'ing

[Original-Soultrader]

so it's pretty pointless then?

i finally got matched at 940k matched - 50k up from my placing point - even halved thats 25k.

just trying to understand the point of having it - is it just large meetings that screw it up?