Trading Horse racing : Spotting spoof money

The sport of kings.
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ruthlessimon
Posts: 1233
Joined: Wed Mar 23, 2016 3:54 pm

Wed Jul 11, 2018 5:58 pm

ShaunWhite wrote:
Wed Jul 11, 2018 5:17 pm
waiting for a bounce at evens or whereever, sat at what's expected to be support or resistance
So I've literally just knocked this up. I took a chunk of data, & had a look at trading a touch of 2.0 (target 1.91, no stoploss).

y-axis: net ticks won/lost
x-axis: fav's initial price

Almost edge material this

It suggests a runner breaking 2.0 coming from above 2.20 is a shite trade.

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ruthlessimon
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Wed Jul 11, 2018 6:20 pm

ShaunWhite wrote:
Wed Jul 11, 2018 5:55 pm
If there's a queue of punters with a total of 5 grand and 5 grand is at at 2.0, and it stays there, they'll all get matched and you'd need another queue of punters to turn up to push it lower.
But that's the definition of genuine money (i.e. £5k crossing the spread)

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ShaunWhite
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Joined: Sat Sep 03, 2016 3:42 am

Wed Jul 11, 2018 6:29 pm

ruthlessimon wrote:
Wed Jul 11, 2018 6:20 pm
ShaunWhite wrote:
Wed Jul 11, 2018 5:55 pm
If there's a queue of punters with a total of 5 grand and 5 grand is at at 2.0, and it stays there, they'll all get matched and you'd need another queue of punters to turn up to push it lower.
But that's the definition of genuine money (i.e. £5k crossing the spread)
Yes but we don't know how long the queue is. We only know what might happen when money is pulled. Maybe nothing if they queue was short. Or maybe it would have happened anyway because the queue is round the block.

Supply and demand?

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ShaunWhite
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Wed Jul 11, 2018 6:31 pm

We could debate all week, but we're speculating and probably boring people 😊 Others know the answers.

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ruthlessimon
Posts: 1233
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Wed Jul 11, 2018 6:36 pm

ShaunWhite wrote:
Wed Jul 11, 2018 5:55 pm
My head's in footy mode now but my take is ..
There's a game?

Yeahh timeout time ;)

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spreadbetting
Posts: 1547
Joined: Sun Jan 31, 2010 8:06 pm

Wed Jul 11, 2018 6:47 pm

ShaunWhite wrote:
Wed Jul 11, 2018 6:31 pm
We could debate all week, but we're speculating and probably boring people 😊 Others know the answers.
I only hope you're both coining it in from all the stats you compile as half the time I can't understand half the graphs or words you're both saying and I doubt I'm the only one :)

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ShaunWhite
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Wed Jul 11, 2018 7:52 pm

:) It's a case of all the gear and no idea sb.

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