Tag: madness of crowds

Madness and wisdom

Are the racing markets becoming more or less volatile?

I can answer that with a definite YES. Yes they are becoming more and less volatile. Let me explain.

A few years ago I could pop an order in the market and wait for it to get filled. Now, if I go into a weaker than average race, like many this week, that doesn’t happen in the same manner anymore. If I get my staking wrong, the market takes one look …