I prefer to use the exchanges as a barometer as to what the price should be. There is a school of thought that the bookies follow the exchanges.CRMISH wrote: ↑Fri Feb 22, 2019 3:24 pmYeah def not ready to quit just yet lol I am a reformed mug punter so I figure I would have previously blown that cash on a multi anyway and dont mind paying for some skin in the game education.
Thanks for your reply, may I ask why you say to ignore the Bet365 price? I would of thought that they would have more resources than anyone and their prices (minus 27.5%) would be a more accurate guide to true odds ?
I dont understand how something offered by the sportsbooks @ $5.50 goes out to $16.00 on Betfair. Surely the real odds of this horse hasnt changed by that much in a few hours?
As to why the odds have gone out, could be for a number of reasons.
To start with, focus on races with short priced favourites i.e. under 3.0 and see what the price does in the last 10 minutes - note what other runners are doing in the race in terms of price movements as well. Watch enough of these and you will perhaps see some patterns emerging.
Final bit of advice - from personal experience - don't over complicate things; focus on one type of market like I mentioned above and then move on.
Iambic