Farcical!!! - Manipulation of Betfair odds

The sport of kings.
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andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

Their order of £70,000 was almost 50% of what the whole market had had matched - it was a crappy 7furlong Nursery at Lingfield - come on alarm bells should be ringing!
Krzysztof
Posts: 121
Joined: Sat Apr 18, 2009 9:54 pm

Yes it was interesting that he did not drop it any lower. That how acts reasonable punter I believe - he knows where is value. But considering amount of money if they were real they should have been dropped. I was saying about the technique which as I said I believe is one which allows to get matched at price You want. The question is why he took order off when market tested it just to hit 6.0 again? I don't remeber well but I think after that second attempt amount of money reduced about more than 10k. Anyway I'm just thinking aloud.
andyfuller
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Yes I agree it is a method used by punters and you see it most days however, I am 100% sure this guy was not a punter.
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gutuami
Posts: 1858
Joined: Wed Apr 15, 2009 4:06 pm

I think this guy has a father with lots of money. And he's playing around with his bf account. I can't see any logic in what he's doing. But still it shows how big money could generate big moves or at least panic.
Bet Angel
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Bet Angel
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Titus Gent 17:10 Wolvs 8's
Bet Angel
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Bet Angel
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14:00 Hunt - Tartak

Priced drifted to 10's, I saw the money appear so nipped infront of it with a wedge and pushed the price down and he followed. I let him fill me on the other side.
091210 - Tartak - Price manipulation.png
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andyfuller
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Nice work - got plenty from him I hope!
andyfuller
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They were really keen to back this one :lol:
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Bet Angel
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Posh Emily 15:50 Taunton

Near the end I stopped trading normally and tried to push out the lay side. They responded with a £300k back order!!!!
091210 - 1550 - Market manipulation £300k.png
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Bet Angel
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Bet Angel
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You beat me to it!
andyfuller
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Bet Angel wrote:You beat me to it!
Fastest finger first ;)

Think that is the biggest I have seen from them so far. Just goes to show how big their account balance is though!
lilgreenback
Posts: 211
Joined: Thu Apr 16, 2009 11:28 am

Yeah,

I have it on good authority that the User Account is held by UKInc.Prudence_Brown.gov. Trying a new market seeing as how everything else has gone tits up, in the previous job he sold the gold at "market value". Now we know where the dosh went.

I'm pretty c**p at trading too; only been in the job 6 months can I be the next Chancellor of Exc. Answers to No 10.

LIlGB
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drifter
Posts: 46
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Back on the NFL :)

Made him pay layed £100 at 1.56 backed it back at 2.02 :lol: . That will teach him.
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Bet Angel
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14:05 Sthl Ponting @ 13's
andyfuller
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Sang Bleu 14.45 Chepstow
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