Any way of seeing if LTP was a back or a lay bet?

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BetWin
Posts: 30
Joined: Sun Jul 05, 2020 3:02 pm

Hi,

When I'm watching the ladders and seeing WOM building in the queue- I wondered if there was any way of knowing what the traded volume actually consists of? I know it's matched so technically it's made of of back and lay, but is there not a way to break that down and see if there's more momentum behind one side or the other at the actual traded price? It's like it's hidden when these massive £10k bets come flying in and shoot the price 5 ticks in one direction or the other- you can't see it in the queue so it must have come in at the current price.
I hope that makes sense!
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Euler
Posts: 26689
Joined: Wed Nov 10, 2010 1:39 pm

There is no particular way to identify it, but if you look at the impact it has on the market that should give you a big clue. You may want to use advanced charting to asses that as the Betfair charts are useless at the moment.
BetWin
Posts: 30
Joined: Sun Jul 05, 2020 3:02 pm

Thanks Peter, I'm using the advanced charting at the moment, picking my way through them. I'm watching the volume spikes on there and the way it affects the ladder, with varying degrees of success...!
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