New market characteristic - The late layer

The sport of kings.
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Euler
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Has anybody else noticed this?

Happening on a very regular basis, as we approach post, market goes bonkers as somebody lays heavily into something.

I can't really see much of a pattern in it at the moment.
17-05-2013 - Good Old Boy Lukey_7275385 - Late layer.png
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mugsgame
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Joined: Wed Mar 25, 2009 11:41 pm

I am convinced its a not a "punter".
I am convinced whoever it is they are a F******* Arsehole
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Euler
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I sense you may have seen this guy in the market as well ;)

The thing that is confusing me about this characteristic is that it is occuring with little volume. Doesn't make any sense.
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freddy
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Joined: Sun Aug 01, 2010 8:22 pm

ive noticed it a few times, normally when i have been just about to take a loss, so i quite like him myself :D
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Consty1
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Joined: Mon Aug 15, 2011 2:41 pm

I was involved on this (on the right side of it), I thought it was a Betfair crash of some sort!
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haichless
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Joined: Tue Jul 17, 2012 5:04 pm

i thought i understood the post, at "lays heavily", but then you say for "little volume", which seem to be conflicting statements.
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gutuami
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whoever it is, the market will cure him sooner or later. much worse if it's a bookmaker or betfair itself
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jimrobo
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have to say I made a fortune off him last weekend!!! :)
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switesh
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Joined: Mon Jul 11, 2011 8:43 am

Peter: Does this resemble a similar characteristic to the one you are talking about?
This is the fav at the 2:45 Stks at Wex.
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switesh
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Actually commin to think of it this runner did have some volume behind the drift. I might have mis-posted the previous chart.
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Euler
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Wasn't on that market so I didn't really see how it developed.
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GranpaChook
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Joined: Fri Jul 17, 2009 1:33 pm

I noticed that Wexford one too. I was on the wrong side of it, initially I thought the horse had bolted or thrown the jockey off but it was quietly lining up in the stalls. Madness.
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steven1976
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Joined: Tue Jan 19, 2010 6:28 am

Is it possible that if bd lag behind bf odds slightly and someone is taking out the front of the book at the last second and powering through the weak money behind the strong positions thus forcing the price on bd up whilst putting in a big back bet on bd to be taken knowing the prices will follow if it is automated. I know this was discussed with smarkets previously so it could be a possibility?
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Euler
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Round Tom 17:20
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jimrobo
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ok I got a proper spanking on that one! I knew it was coming too!!!
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