Author Topic: Strange lay bets at soccer markets  (Read 2721 times)

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  • Élite
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Strange lay bets at soccer markets
« on: 26 Sep 2012, 11:51 »
Hi,
it seems that in all soccer markets lay bets of 1.01 to 1.08 are in place since the market appear in betfair list.
Has anybody any idea why?

If we back bet in "best price", MFPro matches lay bets from the actual price and before.
When the market is poor, previous matched bets might reach the 1.01 to 1.08 zone.
Has anybody researched that?

Regards,

Theodore

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Re: Strange lay bets at soccer markets
« Reply #1 on: 26 Sep 2012, 12:19 »
Hi
All markets!

If you can get your lay bets in to the market very early, you are in a highly advantageous position in the queue to close your back bets later. This end of the market gets very high liquidity and if you are towards the front of the queue you will have a big advantage.

If anyone is kind enough to take the price you are offering, for example by backing at ‘best’ early on, you can close your trade almost anytime to make a profit.

Again the same applies on the other side. You will see prices of 500 and 1000 on the lay side.

This is the beginnings of a market forming. The prices will in time narrow until they meet somewhere in the middle and there is a 100 percent book.
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