Manipulators may be good
Saw this interesting piece on Betfair’s website which talks about the role of market manipulators and how they make the market more efficient, not less, through their practices.
There was a post recently on this blog about spoofers that fits well into this piece. I guess that what ever market you are in, you are always going to get people trying to influence prices. I think this probably works better in some markets than others, so it’s probably a skill unto itself. One of the skills of reading a market is estimating exactly what is filling and where. If you have full market depth seeing the numbers creeping up next to the prices on the screen is helpful in determining if there is real pressure in a market or if the money flowing is just an optical illusion. Often you see lots of money apparently flowing around prices but very little seems to be getting matched.
If you are learning how to read the markets, its often worth recording a video to re-play at a later point. It can help you read the market better and learn from mistakes. Well recommended for beginners.
Category: Using Bet Angel
