Ridiculous markets today.tweebie1999 wrote:17.00 at Acot behaving like a low grade race at Lingfield !
Sure you always have to see though it, trouble being its harder to see through when its dominant over the whole book and appears reactive to any kind of large stake at times. I just had a look at my recording of it and I can't see any large lay at the bottom - just the 20k back money disappearing and several 5k lays chasing it up. Was quite a move, shame you held on for so long, still its good to review it. If we can work it out then it should be easier to profit from it!Euler wrote:Ultimately you have have to see through the money though.
I'll check my video later but there was one race where the money just piled up and you could see that somebody was trying to manipulate the price and failing so I just too a chunk at the current price and up it flew.
Where I went wrong was it came right back much quicker than I expected so I didn't make a penny from it!
andyfuller wrote: Betdaq has become more choked up with money as the week has gone on. At times I am seeing more lined up on Betdaq than on Betfair. From what I can figure out it is largely being put in and out of the market by bots.
Disappointing day today.
Unless of course there is human intervention, and the manipulator is able to hold or push the price (more so in weak markets) manipulating across the book on alternate runners with stakes of 2k,3k,5k,10k or even 50k stacked all over the place like we see earlier?Euler wrote:That's surely an edge for a manual trader though? That's how I see through the big money, it's often easy to see it's misplaced so I'll trade against it.
Betfair have ensured it happens because people are encouraged to generate commission rather than pay the PC.steven1976 wrote:Direct question to Peter if he wishes to answer it. Do you believe wash trading is prolific on the exchanges (not just horses)?
