Mr Undercover wrote:Was it the same pattern: entering the market with multiples of 25k, waits for 30-60s and then flattens the market down until he exhausts all his funds ?
I'm not a trader. I'm a layer. I lay favourites blind just after the off. I use Mean Reversion to enter and exit my system. I understand only the very basics of trading - and that's all. On Tuesday, my system got over heated so Wednesday was a system switch off day. However, Mean Reversion dictates that I still monitor the races that I would have bet had the system been switched on.
On the first race that I would have bet, I noticed that most of the betting activity was on the non-favourites. About 5 mins before the off, the odds of the favourite started to yo-yo. A few seconds later, £2k of lay money appeared for the favourite. I assumed that it was placed at 3 or 4 pips below the highest backing odds. The £2k really stood out because the money waiting on the other odds was < £100. £2k ain't a lot in Betfair terms. But, it is in Betdaq terms.
It looked as though the money was left on and waited to be matched.
In running, it looked to be game over for the Betdaq Bomber because the odds on the favourite went down to about 1.3-ish. However, very late on, the odds began to rise and the favourite lost.
This happened on 3 other races that I monitored that day. Whether it happened on other races that day, I can't say because I didn't monitor them.
What was odd was that, had my system been switched on, I would have layed the favourites in those races.
Either the Betdaq Bomber was bl00dy lucky or he knew exactly what he was doing. Which, I can't say for sure. However, given the reliability of my system, even without Mean Reversion, I'd venture to say that the Betdaq Bomber knows what he's doing.