High Money Activity at low odds
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- Posts: 7
- Joined: Sat Apr 23, 2016 12:01 am
Sorry if this is a really stupid question, but when trading greyhounds I notice a lot of lay money at odds that will never get matched (4k at 1.01). Whats the reason for someone doing that?
- SeaHorseRacing
- Posts: 2893
- Joined: Fri May 20, 2016 7:06 pm
Hello
If you dont know the answer then it certainly isnt a stupid question.
This will be for for reasons of bots or people accidently entering the wrong odds or stake maybe both and it allows the potential for a huge trade.If the price spiked or reached that low it will almost certainly go back to its correct price.
Other markets except greyhound will be for in running reasons as I believe laying all runners in running at 1.01 is a long term profit... however getting your money matched is very difficult. The reason for so much money there is everyone is in a que.
If you dont know the answer then it certainly isnt a stupid question.
This will be for for reasons of bots or people accidently entering the wrong odds or stake maybe both and it allows the potential for a huge trade.If the price spiked or reached that low it will almost certainly go back to its correct price.
Other markets except greyhound will be for in running reasons as I believe laying all runners in running at 1.01 is a long term profit... however getting your money matched is very difficult. The reason for so much money there is everyone is in a que.