Back or Lay money ?

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YESWAY
Posts: 17
Joined: Wed Jun 22, 2016 10:35 am

Need a bit of help please.
So are the two black lines in the middle of a circle back or lay money ?

http://imgur.com/a/LCv3D
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ShaunWhite
Posts: 10552
Joined: Sat Sep 03, 2016 3:42 am

They show the price shortening, so one must assume its bets being placed?
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Dublin_Flyer
Posts: 850
Joined: Sat Feb 11, 2012 10:39 am

Big drop in price coinciding with big spikes on money matched around 1.74/1.73 equates to 8/11 bookies price, maybe a bookie or bookie group had a large liability at 8/11 or Best Odds Guaranteed and tried to back it at the same price, break even on this one and make the overround on the other runners.

Large back goes into the market at 1.73, takes best available prices >1.73, all money eaten up and price drops suddenly but bottoms out around 1.73-1.74ish.

24k+15.3k+15k is well over 50K match in 3 minutes in that segment (Roughly, timeline is hard to tell with 1h20m, 1h20m, 16m, 1m20s segments!)

Timeline is also off by 1hr unless you're on Euro time as the race was the 18.45! Although that leaves the large amounts at roughly 18.18-18.25GMT just after 30 mins out from post time. Which could be the time safety systems kick in on bookies liabilities, look for somebodies clearance, and trigger a fast drip feed clearing that position from their books.

Long story short, I agree with Shaunwhite :)
Bluesky
Posts: 420
Joined: Mon Sep 19, 2016 9:26 pm

Wow great explanation DF, containing lots of information, thanks for posting this.
YESWAY
Posts: 17
Joined: Wed Jun 22, 2016 10:35 am

I was trying to understand if graph was showing me correct information, and I am still confused with reverse ladder screen which I use the most.

Which ladder screen is showing correct graph?

http://imgur.com/a/aaxGA
http://imgur.com/a/c0WNZ
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Dallas
Posts: 23589
Joined: Sun Aug 09, 2015 10:57 pm

YESWAY wrote:I was trying to understand if graph was showing me correct information, and I am still confused with reverse ladder screen which I use the most.

Which ladder screen is showing correct graph?
The correct graph is shown in both images, a reverse or normal ladder has no effect on how a graph looks or is displayed.
This thread explains what you need to know about reverse odds display
viewtopic.php?f=47&t=12253
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