Tag: efficient
The Betfair exchange – Getting more and less efficient at the same time!
One of the questions that people often ask me is whether the markets easier to trade than they were 10 or 20 years ago and are the markets on the Betfair exchange more efficient or less efficient now. The answer is an odd one.
Are the markets efficient?
If you ask me, are the markets more efficient? I can say to you yes and no because, curiously, as the markets have evolved both situations have transpired at exactly the same …
What Betfair traders have forgotten
Back in the ‘good old days’ when gambling meant just backing only, your objective was clear. Back then, excuse the pun, you had to back something that won more often that the odds would suggest.
Participate in these modern markets and you would think that this quaint old fashioned strategy had long since completely died a death. Everybody seems to be doing all manner of things in the market and you could be forgiven for thinking you couldn’t do anything …
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