Hey guys,
I put in a topic about the race at Carlisle yesterday, but i saw that the post got deleted today. Maybe its because i put in a link.
But anyway. Does anybody know what happend to the market yesterday?
What happend with the Carlisle market yesterday?
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BetfairtraderDK
- Posts: 6
- Joined: Sun Mar 27, 2011 11:27 am
Yes, i got all the screenshots to. Thats what i tried to share yesterday.
Got any explanation of what happend?
Got any explanation of what happend?
I had a detailed look at this before starting racing this afternoon.
5:11 before post time somebody blundered into the market with a big back order on Quicyo. On the two data points around that exact time £8.4k was backed on that horse, at what looks like the wrong price. Probably fat fingers. That order was bigger than any of the volume on any of the other runners at that point. Volume quadrupled on this runner in the space of a few seconds.
The plunge in price on this forced cross matching into effect sending the prices of other runners way out.
I have a spreadsheet that put orders way out of the money to catch this sort of thing. I suggest others do the same. You only need to lay one of these at a short price with decent money once a year to more than pay for the effort.
5:11 before post time somebody blundered into the market with a big back order on Quicyo. On the two data points around that exact time £8.4k was backed on that horse, at what looks like the wrong price. Probably fat fingers. That order was bigger than any of the volume on any of the other runners at that point. Volume quadrupled on this runner in the space of a few seconds.
The plunge in price on this forced cross matching into effect sending the prices of other runners way out.
I have a spreadsheet that put orders way out of the money to catch this sort of thing. I suggest others do the same. You only need to lay one of these at a short price with decent money once a year to more than pay for the effort.
Something odd also happened with Luggers Hall in the 14:25 Chepstow.
It apparently shot up to 1000.0 in-play, before going down to about 1.35 later in the race...
Jeff
It apparently shot up to 1000.0 in-play, before going down to about 1.35 later in the race...
Jeff
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BetfairtraderDK
- Posts: 6
- Joined: Sun Mar 27, 2011 11:27 am
Whatever happend, i think its sick that somebody somehow knew that this horses chances were much bigger than all other people would have thought. A 8.000 pound bet on an outsider like that looks like some insider work.
And what an effect it can have on the market, shouldnt be possible!
Thanks for your guys response.
And what an effect it can have on the market, shouldnt be possible!
Thanks for your guys response.