The 300k trader
There has been a lot of discussion on the forum about a person who often appears in a number of the horse racing markets each day. Their presence in the market is getting quite common and also quite easy to spot. Today there was nothing of note, but yesterday was different.
In the 15:50 at Taunton the price had started to drift and this initiated a response. The response was a back bet of a whopping £300k, probably to try and stop the drift. You don’t see bets of that size very often! At least we now know that they have a decent sized bank at their disposal as well. Curious stuff. The order was pulled a few seconds later.
Category: Horse Racing
