Farcical!!! - Manipulation of Betfair odds

The sport of kings.
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andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

Who on earth are these traders doing this? Obviously it is making them big money but that was just plain ridiculous! It was the last race at Cheltenham btw.
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Bet Angel
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Bet Angel
Posts: 3999
Joined: Tue Apr 14, 2009 3:47 pm

Very curious, I may put some more info up on this guy. I managed to put in a quick order near the end taking out a chunk on the lay side but I think the style of this guy is becoming a lot clearer now. He was active on other markets today at different prices.
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to75ne
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Joined: Wed Apr 22, 2009 5:37 pm

do you think he is the mad punter from the summer?
andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

It could potentially be the same person of course but the strategy being used here is nothing like what was being used before so from that point of view I would say it is not but ofcourse it could be the same person just using a different approach but the only people that can know that are the person themselves and Betfair.
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to75ne
Posts: 2413
Joined: Wed Apr 22, 2009 5:37 pm

i was just wondering what he got up to in the winter :lol:
PeterLe
Posts: 3715
Joined: Wed Apr 15, 2009 3:19 pm

...cant Tell you who it is...but I can tell you it's not the 10 pound trader!... :P
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Jimmy
Posts: 174
Joined: Wed Apr 15, 2009 6:29 pm

Could it be Betfair cleaning up?
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drifter
Posts: 46
Joined: Sat Apr 18, 2009 10:45 pm

I just thought I would up my stakes a little today :lol:
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Stewart
Posts: 225
Joined: Wed May 27, 2009 10:49 am
Location: Oohh Arrr - Suffoooolk

This has happened a lot this last week - mainly with drifters. They would get to a certain point still with momentum but all of a sudden 10-20k would appear on the first two lay ticks. Once they got steamrollered the other times they controlled the price until about 30-45secs before the gates opened.

If you have got the money, why not? It has it's risks.

I wasn't in a happy place this afternoon and should have closed my PC down before as I dropped £200 on this race. However, I have watched the trading again and it was interesting - the velocity was against this horse but I think the office money was probably for it. Hence I think it was a bookmaker trying to control the SP.
Bet Angel
Bet Angel
Bet Angel
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Joined: Tue Apr 14, 2009 3:47 pm

He is back again on the 14:10 at Leicester.
Bet Angel
Bet Angel
Bet Angel
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I have to say he seemed to get himself in some trouble on that one.
andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

It is just becoming plain annoying now - What's needed is for someone to hammer them just before the off to leave them with a big exposure inplay then they might think twice about doing it anymore!
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drifter
Posts: 46
Joined: Sat Apr 18, 2009 10:45 pm

He/She ventured into the American Football last night.

Not sure what he/she achieved as very little got matched then they disappeared. :?
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Joao
Posts: 44
Joined: Thu Apr 16, 2009 2:14 am

With these situations we can see how small is the Betfair horses market ^^
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jimrobo
Posts: 1289
Joined: Wed Mar 25, 2009 12:49 pm

drifter wrote:He/She ventured into the American Football last night.

Not sure what he/she achieved as very little got matched then they disappeared. :?
peter you need to stop venturing into the american football markets you stand out like a sore thumb! :D :D :D
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