these markets are not as efficient as we all think

Football, Soccer - whatever you call it. It is the beautiful game.
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mister man
Posts: 363
Joined: Tue Jul 27, 2010 2:10 pm

just a heads up to all.

correct score market,this has happened now three times in the last week,it never used to happen.
One system i use is on potential high scoring games backing various scores to succeed.
Usually i can trade out at 60-75 mins for approx 10-20% profit of my liability if im reasonably close to the actual current correct score. say ive got 3-1 and 3-2 and Uq covered and the scores now 2-1.
However lately this hasnt been possible without trading out red,when v close to the score...as i say on three occasions when it used to be very rare.
Thing is each time now ive actually ended up winning approx 6x more on two occasions, and once over 12x more.
Now im not recommending that we should all stay in longer and hope, I would have traded out were my options not only red ones...but it looks to me like the major market makers are starting to fcuk up at last.
or it could be that betfair really are starting to lose liquidity to the competition such as it is, this scenario used to happen to me a lot on betdaq,but never on betfair..

happy gambling
Iron
Posts: 6793
Joined: Fri Dec 11, 2009 10:51 pm

IMHO, on an aggregate level, the markets are extremely efficient, but efficiency on inidivdual selections often gets destroyed by market over-exuberance.

Jeff
mister man
Posts: 363
Joined: Tue Jul 27, 2010 2:10 pm

long may it continue, the market makers are making me money..

which im quite sure isnt their plan
enzabella2009
Posts: 747
Joined: Tue Nov 03, 2009 3:58 pm

mister man wrote:long may it continue, the market makers are making me money..

which im quite sure isnt their plan
Strange activities are happening in the football markets, preoff and In play. If you are a consistent winner don`t be surprised to see your winnings have doubled up. I strongly believe betfair is testing the water leaving us cracking openings to make profits but how long will it take before they master it?....
mister man
Posts: 363
Joined: Tue Jul 27, 2010 2:10 pm

agreed enzabella, as they lose liquidity as punters desert them for a variety of reasons all discussed before,they are attempting to fill the gaps themselves,and not very well so far...

of course they could reverse this trend by offering decent cust service, changing the t&c's, investing in more reliable servers etc etc, but then again its betfair so they are going down the attempting even more profit route of being market makers themselves...

long may it continue..
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