Back on 1.01

[Derek27]

Ill have another go

No one can ever know for sure why any bet is placed at any time, ie, at 15:45:32 there was £1654 placed on the fav at kempton at the best price, who placed the bet/s, how many smaller bets/people made up that figure and to answer your question what is the exact reason everyone did at this exact time is impossible to know

The same goes for every bet that gets placed, however for those laying at 1.01 - 1.03 as soon as a market opens you can be 99.9% certain its
A) Done by bots likely even multiple bots (hence you always have the same figure across multiple selections/sport types)
B) Those first early bets are to catch a fat finger pre-off as the markets are forming

Laying at 1.01 in that first scenario has zero risk and only a massive upside, with just a £10'000 bank (and that's very small among serious top traders) you can lay every selection using a £200 stake in 5'000 markets at a time

(Thats what your screenshot is showing)

As the market begins to form most of these early bets will usually be cancelled and put back into other freshly opened markets and new bets will begin to appear at those odds and take there place with these people now looking at different strategies, this could now be for in-play queue position, fat finger still in illiquid markets (depending on sport), or now even as some sort of a lay strategy at those odds.

As others have said those answer's have been given to you multiple times already over the last several pages

Thanks for your answer Dallas, I probably read something similar in the previous replies, but it's more clear and accurate.

So, in the A scenario they place lay bets at a such small odds looking for any jump on a higher odd?
Do they plan an offset bet in the bot to get some profit?
Sorry, I know it seems a really stupid question, but I would really try to understand everything about these kind of strategies.

Or there's any other way to have some profit after allocate this huge amount of money on it?

Thanks again for your patience

No disrespect to Dallas, but it's not similar to previous replies, nor is it more clear and accurate - it's exactly the same thing repeated. Perhaps you need to read something five times before you take it in?

There's not another way to have some profit - there's a million ways, as I keep saying.

[Dallas]

Ill have another go

No one can ever know for sure why any bet is placed at any time, ie, at 15:45:32 there was £1654 placed on the fav at kempton at the best price, who placed the bet/s, how many smaller bets/people made up that figure and to answer your question what is the exact reason everyone did at this exact time is impossible to know

The same goes for every bet that gets placed, however for those laying at 1.01 - 1.03 as soon as a market opens you can be 99.9% certain its
A) Done by bots likely even multiple bots (hence you always have the same figure across multiple selections/sport types)
B) Those first early bets are to catch a fat finger pre-off as the markets are forming

Laying at 1.01 in that first scenario has zero risk and only a massive upside, with just a £10'000 bank (and that's very small among serious top traders) you can lay every selection using a £200 stake in 5'000 markets at a time

(Thats what your screenshot is showing)

As the market begins to form most of these early bets will usually be cancelled and put back into other freshly opened markets and new bets will begin to appear at those odds and take there place with these people now looking at different strategies, this could now be for in-play queue position, fat finger still in illiquid markets (depending on sport), or now even as some sort of a lay strategy at those odds.

As others have said those answer's have been given to you multiple times already over the last several pages

Thanks for your answer Dallas, I probably read something similar in the previous replies, but it's more clear and accurate.

So, in the A scenario they place lay bets at a such small odds looking for any jump on a higher odd?
Do they plan an offset bet in the bot to get some profit?
Sorry, I know it seems a really stupid question, but I would really try to understand everything about these kind of strategies.

Or there's any other way to have some profit after allocate this huge amount of money on it?

Thanks again for your patience

They place it in case someone misclicks and places a back bet at 1.01 by mistake
ie, someones bot might fire a bet at the 3rd best price and if the market has no money waiting the best 3 prices might be 1.01 -1.03 so they end up backing something by accident as low as 1.01, or they might intend to place it at 10.0 and miss type if entering the odds manually, or may just have a custom 1.01 back bet button they use in-play and catch it by mistake as they are moving the cursor around the screen, no matter what the cause you end up seeing something like this in the charts

FF1.jpg

FF2.jpg

Or if something odd happens as a market is turned in-play

FF3.jpg

Can't say for sure what they'd do after and if they plan to offset it would depend on the individual and the markets they are targeting, if they get lucky on a fav in the match odds market and its price returns to an strong odds-on they would likely green up, if they catch a 3-3 score in the CS market they'd most likely leave it knowing they have a big payout the vast majority of times

[FabioC13]

Ill have another go

No one can ever know for sure why any bet is placed at any time, ie, at 15:45:32 there was £1654 placed on the fav at kempton at the best price, who placed the bet/s, how many smaller bets/people made up that figure and to answer your question what is the exact reason everyone did at this exact time is impossible to know

The same goes for every bet that gets placed, however for those laying at 1.01 - 1.03 as soon as a market opens you can be 99.9% certain its
A) Done by bots likely even multiple bots (hence you always have the same figure across multiple selections/sport types)
B) Those first early bets are to catch a fat finger pre-off as the markets are forming

Laying at 1.01 in that first scenario has zero risk and only a massive upside, with just a £10'000 bank (and that's very small among serious top traders) you can lay every selection using a £200 stake in 5'000 markets at a time

(Thats what your screenshot is showing)

As the market begins to form most of these early bets will usually be cancelled and put back into other freshly opened markets and new bets will begin to appear at those odds and take there place with these people now looking at different strategies, this could now be for in-play queue position, fat finger still in illiquid markets (depending on sport), or now even as some sort of a lay strategy at those odds.

As others have said those answer's have been given to you multiple times already over the last several pages

Thanks for your answer Dallas, I probably read something similar in the previous replies, but it's more clear and accurate.

So, in the A scenario they place lay bets at a such small odds looking for any jump on a higher odd?
Do they plan an offset bet in the bot to get some profit?
Sorry, I know it seems a really stupid question, but I would really try to understand everything about these kind of strategies.

Or there's any other way to have some profit after allocate this huge amount of money on it?

Thanks again for your patience

No disrespect to Dallas, but it's not similar to previous replies, nor is it more clear and accurate - it's exactly the same thing repeated. Perhaps you need to read something five times before you take it in?

There's not another way to have some profit - there's a million ways, as I keep saying.

Hi Derek,

sorry if you get offended or feel touched in any ways, but I find Dallas comment more accurate and more clear for me. Maybe there's some language barriere? Maybe I really need to read any answer five times? Yes, I don't get offended if you say that. What I don't like is when someone says "there's millions ways". Ok, probably it's true, but think it's better show one or two examples instead of just say "there are millions...", isn't it?
Thanks

[Derek27]

Hi Derek,

sorry if you get offended or feel touched in any ways, but I find Dallas comment more accurate and more clear for me. Maybe there's some language barriere? Maybe I really need to read any answer five times? Yes, I don't get offended if you say that.

I'm not offended, don't worry.

What I don't like is when someone says "there's millions ways". Ok, probably it's true, but think it's better show one or two examples instead of just say "there are millions...", isn't it?

You were given plenty of examples. I realise there may be a language barrier but it doesn't help when people try to help you and you tell us we're wasting our time and question whether we have better things to do with our time then reply to your thread!

People are offering to lay at 1.01 but the bets will only get matched in running if the horse goes close in the race (or somebody makes a huge fat-finger mistake pre-race). The layers are trying to win big with small risk, the backers are trying to win small with huge risk, supposedly compensated with a high probability of success.

When I lay at 1.01 -1.05 which is quite often I only ever want a tick or 2

I can add another very basic question, but to Don Fabio and not Derek

If you back at odds of 1000 for a mere 2 pounds, how much do you need to stake to close that trade at 1.01?

This would probably answer most of those questions.

PS: Btw, five pages or thread, around 6 days since I opened it, and nobody was able to explain me what happens in those file attache on my first message.

Well to be fair, Dallas actually did provide the answer.

But, here you go - a person (or perhaps more than one) have a tiered automation applied on market opening to lay by liablity against 1.01, 1.02 etc. Or a person (or perhaps more than one) has the time to manually enter these on either side of the book and again they load up on 1.01 and scale back on 1.02, 1.03 etc. The person or persons might consider it a ripe market or apply to that rule to lots of markets.

However, what I say might not be the answer, it is an educated hunch.

///

There might be a bit of language barrier between you, me and perhaps other forum members and possibly cultural barriers becasue in some of your responses you appear less than gracious and sometimes downright indignant towards a genuine response. Vinegar, honey and all that.

[Kai]

sorry if you get offended or feel touched in any ways