Curley Alert
I should have been more patient as I laid for quite a bit in anticipation that it was far more likely to drift than come in.Euler wrote:Sorry to hear that. I only got involved when the big back orders arrived which indicated it was coming in. I bailed it when the trend turned upwards.
Do you think it was actually backed on course or in the shops? I find it a bit strange that after flying in it would go out so far (on the show prices at least, I guess anything can happen on betfair) as if Barney had got involved in a bit of a gamble then I'd have thought there would be no way the bookies would have let their prices go out again
Surely that depends on the bookies' reading of the crowd psychology.hgodden wrote:if Barney had got involved in a bit of a gamble then I'd have thought there would be no way the bookies would have let their prices go out again
They might think that raising the price will actually reduce their liability, if it causes Joe Punter to think that there isn't a big gamble on after all...
Jeff
Somehow I think they would be slightly more concerned with what Barney might do if they raise their prices from 15/8 to 5/2 (which they did) if they've already taken a hammering than the 5 and 10 pound merchants who happened to be sat watching a class 4 handicap at Yarmouth on a monday afternoon. They just followed the price on betfair, I bet there was barely a penny for it elsewhere.Ferru123 wrote:Surely that depends on the bookies' reading of the crowd psychology.hgodden wrote:if Barney had got involved in a bit of a gamble then I'd have thought there would be no way the bookies would have let their prices go out again
They might think that raising the price will actually reduce their liability, if it causes Joe Punter to think that there isn't a big gamble on after all...
Jeff
You may be right, but maybe their thinking is that, by that stage in the game, Mr Curley would have already placed his bets. Also, they might have felt that the true price was much higher than 5/2, and Mr Curley would realise that.
I'd love to get inside the head of a bookmaker (and believe me, I've spent a lot of time trying to work them out!), but at the end of the day it's just speculation!
Jeff
I'd love to get inside the head of a bookmaker (and believe me, I've spent a lot of time trying to work them out!), but at the end of the day it's just speculation!
Jeff
hgodden wrote: Somehow I think they would be slightly more concerned with what Barney might do if they raise their prices from 15/8 to 5/2 (which they did) if they've already taken a hammering than the 5 and 10 pound merchants who happened to be sat watching a class 4 handicap at Yarmouth on a monday afternoon.
