Market Manipulation

[getagrip68]

Just wondered how often this goes on and for what purpose.

I've noticed it recently on a couple of greyhound races whereby a previously well backed selection subsequently sees bets of >£1K on the lay side a tick or two off the touch price. The bets are too big to be simply getting out of a position (in relation to a greyhound market) so I can only think they are to move the price.

As an example T4 in the 11:27 at Central park this morning was backed in to 1.8 before some chunky money appeared on the lay side and pushed the price to 2.02 in about 30 seconds. The dog went on to win fairly easily.

I backed the dog in question so benefitted from a better price in this instance but I'm not particularly comfortable with the idea of someone spoofing the marktet.

Cheers

[Anbell]

Just wondered how often this goes on and for what purpose.

I've noticed it recently on a couple of greyhound races whereby a previously well backed selection subsequently sees bets of >£1K on the lay side a tick or two off the touch price. The bets are too big to be simply getting out of a position (in relation to a greyhound market) so I can only think they are to move the price.

As an example T4 in the 11:27 at Central park this morning was backed in to 1.8 before some chunky money appeared on the lay side and pushed the price to 2.02 in about 30 seconds. The dog went on to win fairly easily.

I backed the dog in question so benefitted from a better price in this instance but I'm not particularly comfortable with the idea of someone spoofing the marktet.

Cheers

I mean this in the nicest possible way: Only you care whether or not you are comfortable that someone might or might not be spoofing the market.

[Archery1969]

Just wondered how often this goes on and for what purpose.

I've noticed it recently on a couple of greyhound races whereby a previously well backed selection subsequently sees bets of >£1K on the lay side a tick or two off the touch price. The bets are too big to be simply getting out of a position (in relation to a greyhound market) so I can only think they are to move the price.

As an example T4 in the 11:27 at Central park this morning was backed in to 1.8 before some chunky money appeared on the lay side and pushed the price to 2.02 in about 30 seconds. The dog went on to win fairly easily.

I backed the dog in question so benefitted from a better price in this instance but I'm not particularly comfortable with the idea of someone spoofing the marktet.

Cheers

Happens all the time, especially on Greyhounds. Watch the favourite, prices comes in, someone puts £1000+ then the prices goes out. But obviously has soon as you see it then you can take advantage of it by jumping in front. Just be careful if they pulll their monies otherwise the price can then crash back down.

[Anbell]

Just wondered how often this goes on and for what purpose.

I've noticed it recently on a couple of greyhound races whereby a previously well backed selection subsequently sees bets of >£1K on the lay side a tick or two off the touch price. The bets are too big to be simply getting out of a position (in relation to a greyhound market) so I can only think they are to move the price.

As an example T4 in the 11:27 at Central park this morning was backed in to 1.8 before some chunky money appeared on the lay side and pushed the price to 2.02 in about 30 seconds. The dog went on to win fairly easily.

I backed the dog in question so benefitted from a better price in this instance but I'm not particularly comfortable with the idea of someone spoofing the marktet.

Cheers

Happens all the time, especially on Greyhounds. Watch the favourite, prices comes in, someone puts £1000+ then the prices goes out. But obviously has soon as you see it then you can take advantage of it by jumping in front. Just be careful if they pulll their monies otherwise the price can then crash back down.

Exactly. It is just a normal attribute of the market. You have to deal with it one way or other.

[getagrip68]

BSP was 2.37, I think the actual price was 2.02 just before the off, bookies SP 8/11. I guess whoever was manipulating the marker was successful.

[Anbell]

BSP was 2.37, I think the actual price was 2.02 just before the off, bookies SP 8/11. I guess whoever was manipulating the marker was successful.

Maybe there was manipulation. How can you profit from it?

[Kai]

As an example T4 in the 11:27 at Central park this morning was backed in to 1.8 before some chunky money appeared on the lay side and pushed the price to 2.02 in about 30 seconds. The dog went on to win fairly easily.

Why wouldn't you have a lay if price was potentially pushed into value territory

[Kai]

I backed the dog in question so benefitted from a better price in this instance but I'm not particularly comfortable with the idea of someone spoofing the marktet.

Spoofing in a nutshell btw

[SteamedHams]

I backed the dog in question so benefitted from a better price in this instance but I'm not particularly comfortable with the idea of someone spoofing the marktet.

Spoofing in a nutshell btw

Haha best analogy ever!