Posts Tagged bomber

I lost £288k in one night spread-betting

On the ‘mad bomber’ thread on the forum there has been some jocular suggestions about who could be the person being such erratic and irregular betting activity. Some have joked it could be a wealthy footballer, after reading this story suddenly that doesn’t look so far fetched!

“FORMER LIVERPOOL AND Manchester City midfielder Dietmar Hamann has revealed how he slipped into problems with drinking and gambling during his final season at Eastlands.”

http://www.dailymail.co.uk/sport

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Bombs away

Every now and again in the racing market an individual arrives that doesn’t make much sense. From a trading perspective at least!

The come into the market and back a selection for a large amount of money, then back again and again and again! I’m not sure the oft quoted description of ‘mad bomber’ is accurate, maybe there is a better description. But what is certain is the impact they have on the market. You could view this as a negative, but if you know the way they work then it’s a big positive.

If somebody is backing in large amounts repeatedly then you should seek a speculative open order on the back side first. If you are on another selection then you need to lay first. It could also be possible to catch a bounce when the price gets backed in heavily, but you never know how aggressive this individual is going to be, so I prefer catching the top.

Why they are doing it is another discussion altogether!

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