Today's Horse Racing

[andyfuller]

Anyone have any idea what is going on here? Spikes at about 10-11am

People swapping money

Could be other reasons as well such as wanting to get bets matched so they can watch BF live video, to distort charts, probably other reasons as well whether these apply here I don't know.

[steven1976]

Andy is back on bf and generating commissions

[steven1976]

Joking a side, I guess its someone showing someone else how you can create matched bets to influence opinion with little risk. Put 5k on one side and take it on the other side and then reverse the trade. 20k matched and a zero balance. Biggest tool in the bag in would imagine for some big traders.

[poklius]

These were very early markets and not much changed later. Looks like someone just swapped money between accounts. Put dirty money in, back lay, back lay, money out at 0% tax, bf gets 5%, everyone is happy

[steven1976]

BF would not get 5%, unless when putting through the dirty money they have taken another persons money and moved them into a loosing position, who then sell to give the dirty money a profit. If it is someone just showing friends how to effect volume, they will make sure both or multiple accounts are at a zero balance, and therefore no profit to pay commission on, so bf make nothing.

[LinusP]

If its money laundering, it would be rookie to have the accounts linked. Having 5% skimmed is extremely good for ML.

[steven1976]

i dont think its laundering. Its just basically matching money to get the sheep to follow. BF are happy to allow it to happen as it creates liquidity.

[PeterLe]

A couple of thousand traded at 1.01/1.02 Savannah Beau At Carl 14:45 ...and lost

[Euler]

Crazy unseat in the 1915 at Wetherby, heavily backed and lasted a few strides

[gutuami]

a day of photofinihes

[Archangel]

Really frustrating day racing so far. Dont even know whats going on at Wolverhampton

[hilly2908]

Jockey was unseated in the first and another fell off running into him and needed to be airlifted to hospital so where about 40 mins behind for 2nd race. I gave Wolverhampton a swerve from that moment.

[gutuami]

can somebody suspend the market at Newmarket 14:40

[Euler]

Odd activity at bigger prices in the market today

[herbie]

Mad behaviour on Amazour 16.55 Newmarket. Big money pushing it out from 7.4 to 8.8, it helped me but gonna go for a swim in sea before i get caught.