robot driven prices?

It just occurred to me that as robot betting becomes more the norm than the exception, is it possible that the prices both pre play and in play particularly for horse racing could be robot driven rather that punter driven?

By that I mean that the Betfair market at present generally reflects the state of the market and each horse broadly reflects its statistical chance of winning or losing.

Taking it to the extreme ........If the punter were not manually laying and backing and robots became the only medium to decide prices then depending on the programs and triggers being run would decide the price of each selection rather than its statistical chance of winning the race?

Crazy hmmmmmm

Heh,
Your scenario is possible before the market goes in-play however, once the market is in-play the prices are detemined by those who can actually see the race via a very fast "live" picture feed or "live" at the track/stadium.

You never know...one day we may have robots that can watch a race, recognise the runners and make decisions as to which one is doing well/not doing well and back/lay accordingly...until then we humans still have a role to play in forming the in-play market on the exchange.

OT

the programs and triggers being run would decide the price of each selection rather than its statistical chance of winning the race?

For markets with poor liquidity, 2 bots with same "always offer the best odd" strategy is fun for everyone. Punters get better odds, bot operator have something to watch / operate and bot tickler have greatest fun to move the bot odds and get odds far better than  statistical chance of winning the race.