Tag: prices

Book%

I fielded a question from somebody recently about the book% and what information does that contain?

I’ve seen quite a few theories about what the book% can actually tell you, but here is what it tells me.

At it’s most basic level the book percentage is merely a broad measure of the market. A big number of selections will equate to a big book% and small field a small one. This is due to the spread between back and lay …