How does a big order at a specific price make odds move?

[Ryanolifelix]

If a big back order is placed at say 3 I can see on the graph the red line shortens. But this order was at 3 and not below so what makes the price shorten?.

Is it more people backing in front of the order as the big order takes the lay money?

I can't see how that one order alone shortens the odds as its just placed at 3.

maybe the graph grey line order is just a proportion of their back bet, and then they try to get matched lower as it moves.

I'm a bit confused.

[ShaunWhite]

Not sure what red and grey lines you mean but....people will respond to a big order if it shows intent, ie it's nibbled at without cancelling or it's moved closer to the action. If your guy who's wanting to get filled at 3 gets bored or nervous they might just move it all to 2.5 and take whatever they can. In anticipation of that people would be happy to back it in a bit. If the big order stays just outside the price or even moves away then it's a trader or a spoof and there's no reason for the market to move, so if it does the spoof has done it's job.

Like I've said before forget bets it's just a market, if someone announces their intent to buy or sell a large amount of anything the market will respond by assuming they'll struggle to get enough buyers or sellers and people will jump infront of them hoping for a quick return.

[Ryanolifelix]

Not sure what red and grey lines you mean but....people will respond to a big order if it shows intent, ie it's nibbled at without cancelling or it's moved closer to the action. If your guy who's wanting to get filled at 3 gets bored or nervous they might just move it all to 2.5 and take whatever they can. In anticipation of that people would be happy to back it in a bit. If the big order stays just outside the price or even moves away then it's a trader or a spoof and there's no reason for the market to move, so if it does the spoof has done it's job.

Like I've said before forget bets it's just a market, if someone announces their intent to buy or sell a large amount of anything the market will respond by assuming they'll struggle to get enough buyers or sellers and people will jump infront of them hoping for a quick return.

Yes I understand what your saying. The grey lines of matched amounts in the graphs. That's what I was saying.

It just seems like as soon as the big order of say 2000 comes and is displayed in the graph as the upward grey line showing the amount. Then the red graph line immediately either shortens or drifts. As if this one order has made the odds move alone. But like I was saying it can't can it? Because that order is placed at a specific price.