Market manipulation on Betfair horse racing markets

The sport of kings.
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jimrobo
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Joined: Wed Mar 25, 2009 12:49 pm

nope not dr irv. The favourite which was the 2nd horse to get upset but still ran.
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Euler
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Joined: Wed Nov 10, 2010 1:39 pm

jimrobo wrote:did anyone get a video of that 3:35 beverley??

When the 2nd horse started playing up it felt like there was some major order oddities. It looked like price went through several of my orders but never got filled???
I have some data, but not a video.

I imagine cross matching went mental in that market because of the r4.
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jimrobo
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Joined: Wed Mar 25, 2009 12:49 pm

the whole price action went a bit mental. I saw a lot of the random amounts come in and out very fast. Price went through alsorts of price points and random orders seemed to appear all over the place. Definitely something to look at. It will highlight at least a lot of the problems we have been seeing recently in one 10 second period.
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switesh
Posts: 527
Joined: Mon Jul 11, 2011 8:43 am

Have a look what its like in the big world of Stock Market.

http://www.smh.com.au/it-pro/business-i ... hv1de.html

Here are some interesting comments from that article:
5% gain for holding the stock for a *couple of days* is EXCELLENT return on investment.
You can't even get 5% PER ANNUM on a term deposit these days.
Can't this be looked at as stock market manipulation? How is this different from a pump and dump scam?
The rich get richer and the poor get poorer. Essentially he has the power to manipulate markets and all very legal. What a system.
yeh well i'd say that he would be charged with market manipulation if he sold any of his stock..
The share market is a mugs game and the only people that benefit are people like this who can manipulate the market.
How is this valuing a company? It's not the true value of a company, just the inflated price, based on rumors, so greedy people can make a lot of money.
Is this something a guy like this could do to boost the price beofre selling off his own shares? After all, if he is trying to talk Apple into a buy-back, maybe he wants to get rid of them? It all seems very manipulative to me.
Seems very similar to what we see in BF pre-off markets doesn't it?
But then if SEC or FINRA can't do much I don't suppose BF regulation would either.

Now where's that 14k flasher? I've got my eyes on you ;)
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