don't touch the domino cheers
question from a newbie. If placing a trade in-running on the first horse to reach 1.10 goes on to win happy days .But what if a high a number of traders also place trades on the same market on prices arranging from 1.3 to 1.05 once the horse touches 1.3 surly a domino effect takes shape in a second .So I'm backing a 1.3 shot at 1.10 in theory because of the rapid way the bets are taken hence if i put a lay in the market at the same odds I'm laying a 1,3 shot at 1.10 hoping somebody could explain this doesn't happen and my theory like i imagine is total wrong cheers
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andyfuller
- Posts: 4619
- Joined: Wed Mar 25, 2009 12:23 pm
No reason for a domino effect imo - people will place their bets at the price at which they want to get matched. Reason you see a price collapse from 1.3 to 1.05 as you say is because in a race the horse trading at 1.3 will very quickly become a 1.05 chance.
If you lay at 1.10 you might get filled by someone who wants to get on no matter what when it should be 1.3. It all depends up what price people think the horse should be at any given moment and at what price they are happy to get on at.
If you lay at 1.10 you might get filled by someone who wants to get on no matter what when it should be 1.3. It all depends up what price people think the horse should be at any given moment and at what price they are happy to get on at.