Cheltenham Festival 2018

[dragontrades]

Was trading at 6.8 pre off

[Euler]

Mare for layers in the 16:10, SP was 95% never seen an SP like that at a major meeting.

[Dallas]

Was a bit of a kick in the teeth for layers

[Wolf1877]

anything goes with big players pushing larger sums around in the market.

You'd be brave to be trying to manipulate the big stuff today.
Just different people doing different things depending on what they'd previously done differently I reckon. Profit taking, bets, hedging liability, traders, arbers, layers....they're all big numbers.

Perhaps I should say a collective trader push to profit from moving the price out over and far above the profitable 10 crossover point.

It's really hard to imaging a collection of traders all doing the same thing with the same intention. At the end of the day, everybody is applying their own strategy but ultimately you only have back or lay options - it's what the majority do that determines where the price goes.

Shaun / Derek,
.....it must be deep within my cynical nature to assume manipulation where there is none then!
Anyway guys enjoy your Cheltenham!

[Derek27]

Looks like the last two races aren't important to ITV!

I'm sure they televised every race last year, unless I'm thinking of Royal Ascot.

[ShaunWhite]

Looks like the last two races aren't important to ITV!

I'm sure they televised every race last year, unless I'm thinking of Royal Ascot.

Was the same last year I'm sure

[dragontrades]

Can't miss the chase!

[SeaHorseRacing]

Last year they did all 7 as it was new ITV racing job.... Trying to boost ratings, its kind of like watching football... if goes to etc time or penalties were not showing it

[megarain]

Mare for layers in the 16:10, SP was 95% never seen an SP like that at a major meeting.

I never use Betfair Sp .. are they allowed to return over-broke books ?

//

Rails business v good. Firms started playing etc, my friend was doing 900 after 4, but won 2800 on 4th (stood fav for 1k)

[Derek27]

Why would anyone want to take SP unless it's for failsafe reasons?

[Derek27]

I think the lesser races (post champion hurdle) are turning slightly more volatile.

[Euler]

I think the lesser races (post champion hurdle) are turning slightly more volatile.

You would expect that.

[dragontrades]

Easy money on LiveLoveLaugh there

[Trading96]

Best ever day for me already I think.

[Derek27]

Betfair video's quite sluggish, race must have been over as the front two jumped the last.