Where's all the money at?

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Lambretta
Posts: 45
Joined: Thu Oct 29, 2009 11:55 am

Is it me or is there a distinct lack of liquidity on today's cards? Seems very quiet for a Saturday.
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andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

Seems dire to me - was just £57,000 matched at the last kelso race at 4 mins out. Midweek seems better these days to Saturdays.
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RafterP
Posts: 133
Joined: Tue Apr 21, 2009 10:41 am

I personally think that some of the other exchanges are closing the gap liquidity wise.

On one of the other exchanges the 14:05 from Doncaster has about 65% volume of betfair at the minute... better than it used to be
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andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

Which exchange is that?

If Betdaq have you converted the Betfair amount to the same as Betdaq's?
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LeTiss
Posts: 5489
Joined: Fri May 08, 2009 6:04 pm

I think the major traders have realised the money on Saturdays are within the football markets
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RafterP
Posts: 133
Joined: Tue Apr 21, 2009 10:41 am

Yeah did the conversions Andy.. I think some of the big fish might be experimenting with betdaq.. no premium charge and all that.

Not sure if there's sufficient liquidity for them over there though
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andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

Im trying some in-running today - pre race is dire.
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Stewart
Posts: 225
Joined: Wed May 27, 2009 10:49 am

It's pretty hard work, although the API has started to settle down.

Hopefully we might see more volume such as the November handicap just about to go off.
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hgodden
Posts: 1759
Joined: Thu Apr 16, 2009 2:13 pm

Was poor last saturday too. It may (at least partly) be caused by how many races with large fields and high priced favourites there have been today
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hgodden
Posts: 1759
Joined: Thu Apr 16, 2009 2:13 pm

Saying that the last few had shorter favs and were also very poor. ATR may partly be to blame by favouring the irish races ahead of the UK ones today, or maybe I'm just clutching at straws... two weeks ago I remember volume being very high on the saturday
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Lambretta
Posts: 45
Joined: Thu Oct 29, 2009 11:55 am

Midweek does seem to be a lot better of late. The big guns may have been holding off for the Breeders Cup stuff last night but there was still very little around.

No danger of that with the big game this PM. I've got it at 2-1 with the first goal just before half time. I'm looking out the window for two magpies, crossing everything and scouring the grass for four leaf clovers...
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hgodden
Posts: 1759
Joined: Thu Apr 16, 2009 2:13 pm

It seems strange that market behaviour would change so rapidly on saturdays in the space of two weeks without there being some fundamental reason behind it.

Since bookmakers put a lot of money through betfair, is it possible that maybe a bookmaker with a very large market share (or perhaps even a group of bookmakers, if the employ bet brokers to put bets on using betfair), for whatever reason, did not use betfair yesterday? I admit I have no idea about bookmaker market share or how they use betfair exactly, but to my mind that is the only thing that can explain such a change.
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Bet Angel
Bet Angel
Bet Angel
Posts: 4031
Joined: Tue Apr 14, 2009 3:47 pm

First few races today the volume was much lower than similar races on a weekday evening. Terrible!
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LeTiss
Posts: 5489
Joined: Fri May 08, 2009 6:04 pm

Even the football markets are lower than normal, and bearing in mind there's only 2 tennis matches today with both of them live on Sky, the liquidity on these is lower than you would normally expect
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andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

Everyone out doing the Christmas shopping ;)
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