Weird graph
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Mr Undercover
- Posts: 226
- Joined: Thu Nov 03, 2011 7:22 pm
Yep I was playing with this, very odd how it chopped the market at evens, a preprogrammed bot I presumed.
Some very strange behaviour in-play today, did you see the winning horse called 'John Louis' in the 1800 @ Kempton where someone laid off £138k at 1.07. It was 3 lengths ahead with 1/2 furlong out. I helped myself along with everyone else but bizarre behaviour.
Witnessed several strong favourites being laid with unusually large agressive sums when the horse was apparently going well according to the commentator and general position etc, and low and behold the horses fade in the bizzo end of the race... well that's cricket as they say.
Some very strange behaviour in-play today, did you see the winning horse called 'John Louis' in the 1800 @ Kempton where someone laid off £138k at 1.07. It was 3 lengths ahead with 1/2 furlong out. I helped myself along with everyone else but bizarre behaviour.
Witnessed several strong favourites being laid with unusually large agressive sums when the horse was apparently going well according to the commentator and general position etc, and low and behold the horses fade in the bizzo end of the race... well that's cricket as they say.
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enzabella2009
- Posts: 747
- Joined: Tue Nov 03, 2009 3:58 pm
That was really odd indeed. It seemed the odds froze @ 1.07 despite the horse was a certain winner. I thought it was me seeing things in slow motion..Mr Undercover wrote:Yep I was playing with this, very odd how it chopped the market at evens, a preprogrammed bot I presumed.
Some very strange behaviour in-play today, did you see the winning horse called 'John Louis' in the 1800 @ Kempton where someone laid off £138k at 1.07. It was 3 lengths ahead with 1/2 furlong out. I helped myself along with everyone else but bizarre behaviour.
Witnessed several strong favourites being laid with unusually large agressive sums when the horse was apparently going well according to the commentator and general position etc, and low and behold the horses fade in the bizzo end of the race... well that's cricket as they say.
Not sure if it was the same as weds but anyone notice the unusual lays today?, on the 2nd/3rd fav was some big lays coming and choping the price about late on today.... one of the selections it just carried on getting layed IR, it won so whoever it was must have lost north of 20k ... didnt seem to stop them later on though, the bomber maybe >?
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steven1976
- Posts: 1744
- Joined: Tue Jan 19, 2010 6:28 am
Chuck : Possibly the money your seeing is actually their own money and it just appears to be a lot of lay money being matched. I didnt see this race as i was in bed (different time zone) but saw them "flashing" in a lay price on an earlier race (4.20pm i think) and it seemed to be that they were just waiting for some back money to enter at or around the money before moving against it. If no money does arrive then I suppose they would be happy to stay at the front of the queue on both sides if other traders are waiting for a move.
I've also noticed these strange types of actions 12 mins + out where someone is willing to use large amounts to create an impression of a market and just to oppose even the smallest of bets. I've even had someone flex their muscles and show 24K on the lay side @ around 3.6 against my 3 pound bets (at the front of the queues) 18 mins out.
Therefore as Ive stated before I believe there is a lot of self matching going on by someone and a lot of the money on both sides of the ladder belong to the same person. The only thing that i dont understand is that if I match my own money it doesn't show in the matched columns but if they self match themselves it does. This may therefore blow my theory out the water, however I remember reading somewhere that you are allowed to request a master account with 10 sub accounts, if you therefore only settle commission on your master account it would therefore possibly explain this?
It also seems to be a favourite tactic i find around 6s and 10s on the odds that it feels like someone is just waiting for a reasonable back bet to be entered into the market and then they can just move the odds out a few more points knowing that if it is a traders money, 9 times out of 10 eventually they will get out of their position.
Since Ive been treating the horse markets as "playing" against an individual well before the start Ive actually found it quite easy to use a tactic to extract a little bit of money off them quite far out from the off (20 mins inwards). It only works with very small bets because it feels like they are only willing to go a certain way so much for a very small amount and if I used higher stakes I'm sure they would be happy.
Room for thought anyway, as the old saying goes, "money moves markets"!
I've also noticed these strange types of actions 12 mins + out where someone is willing to use large amounts to create an impression of a market and just to oppose even the smallest of bets. I've even had someone flex their muscles and show 24K on the lay side @ around 3.6 against my 3 pound bets (at the front of the queues) 18 mins out.
Therefore as Ive stated before I believe there is a lot of self matching going on by someone and a lot of the money on both sides of the ladder belong to the same person. The only thing that i dont understand is that if I match my own money it doesn't show in the matched columns but if they self match themselves it does. This may therefore blow my theory out the water, however I remember reading somewhere that you are allowed to request a master account with 10 sub accounts, if you therefore only settle commission on your master account it would therefore possibly explain this?
It also seems to be a favourite tactic i find around 6s and 10s on the odds that it feels like someone is just waiting for a reasonable back bet to be entered into the market and then they can just move the odds out a few more points knowing that if it is a traders money, 9 times out of 10 eventually they will get out of their position.
Since Ive been treating the horse markets as "playing" against an individual well before the start Ive actually found it quite easy to use a tactic to extract a little bit of money off them quite far out from the off (20 mins inwards). It only works with very small bets because it feels like they are only willing to go a certain way so much for a very small amount and if I used higher stakes I'm sure they would be happy.
Room for thought anyway, as the old saying goes, "money moves markets"!