Odds movement

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Abdussattar
Posts: 4
Joined: Mon May 21, 2018 1:27 pm

Hello everyone, I want to know more about how odds changes
if I place a $20000 bet on a low volume market,how the odds will behave? in betfair $20000 has to be matched,so if I place $20000 bet on another market (pinnacle,sbobet) how the odds will behave
Thanks in advance
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Derek27
Posts: 23475
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Abdussattar wrote:
Mon May 21, 2018 1:32 pm
Hello everyone, I want to know more about how odds changes
if I place a $20000 bet on a low volume market,how the odds will behave? in betfair $20000 has to be matched,so if I place $20000 bet on another market (pinnacle,sbobet) how the odds will behave
Thanks in advance
Hi Abdussattar, welcome to the forum.

It all depends on what price you enter the market at. If the price is uncompetitive people will ignore it, if you enter at a daft price it will all be taken.
Abdussattar
Posts: 4
Joined: Mon May 21, 2018 1:27 pm

lets say
in pinnacle or any other sportsbook(not exchange)
Team A 3.2
Team B. 1.45
I place $20000 at @1.45
what will be the odds right now?
will the odds will increase in team B and decrease in team A or the market will not move at all
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Derek27
Posts: 23475
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Depends on how much money is being placed on team A. If team B is being backed disproportionally to the odds then yes, team B will shorten and team A will lengthen.
Abdussattar
Posts: 4
Joined: Mon May 21, 2018 1:27 pm

so can I manipulate the market with huge amount of money?
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boardrep
Posts: 117
Joined: Fri Nov 27, 2015 4:52 pm

we would like you to please do that ............. as often as you like :)
Abdussattar
Posts: 4
Joined: Mon May 21, 2018 1:27 pm

If it is possible theoretically amd practically I think I will do it, but is there 100% chance that it will happen?
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Kafkaesque
Posts: 886
Joined: Fri Oct 06, 2017 10:20 am

Abdussattar wrote:
Mon May 21, 2018 2:50 pm
lets say
in pinnacle or any other sportsbook(not exchange)
Team A 3.2
Team B. 1.45
I place $20000 at @1.45
what will be the odds right now?
will the odds will increase in team B and decrease in team A or the market will not move at all
At least for Pinnacle the likely scenario is that it depends on your track record. If you've proven over a certain sample to know when their pricing is off, then it'll move the price. The higher success rate you come with, the more it'll push the price on A up and down on B.

Conversely, if you're a losing punter, they'll just take the bet and keep prices as they were. In other words, if what you're asking is whether you can generate your own arb by pushing prices, then no.
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Derek27
Posts: 23475
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Abdussattar wrote:
Tue May 22, 2018 7:31 am
so can I manipulate the market with huge amount of money?
A $20,000 can manipulate the market but get it very slightly wrong and you've lost $20,000. The fact that you're asking such basic questions suggests it would not be a good idea for you to be placing huge bets and taking such risks.
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

Derek27 wrote:
Tue May 22, 2018 2:14 pm
Abdussattar wrote:
Tue May 22, 2018 7:31 am
so can I manipulate the market with huge amount of money?
it would not be a good idea
I'm looking forward to seeing where this one ends.
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