You don't know my entry/exit, might have taken a loss
Betfair chart / Betfair graph of the day
- ShaunWhite
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- Joined: Sat Sep 03, 2016 3:42 am
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I’m always find the initial drift on moves like that quite puzzling & very hard to be confident with gauging a read on something like that because I’ve seen so many exponential drifts extend from the initial drift, I think more so on the Irish markets
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Nice end to the day, Lady MMMWWAAAHHHH
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Yes can be quite puzzling, but if I give some additional context maybe you can see how you could also take such a trade?:
If it was constantly drifting I wouldn't oppose it, but here the price was notably struggling to drift further for some time (2.12/2.14 on the graph), all the while the 2nd fav was coming in significantly so there was clearly more support for this than the 3rd/4th/5th etc.
Given the earlier price history on the fav, the trade has huge potential if you're right and comes at low-ish risk if you're wrong (you can safely say you're wrong at like 2.16/2.18 if 2.14 is broken)
Best risk/reward trade I saw all day
A remarkable chart showing that this horse MUST be backed at 5/1 in running, despite being ridden out the back by Spencer. Also interesting was the market's refusal to let it trade below 5/1 prior to the race.
Makes you think...
Makes you think...
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