Tag: racing traders

How many racing traders are there?

I often get asked how many traders are on the exchanges, how much volume do they do etc? The honest answer is that I currently don’t know, but I can confirm roughly how many existed a few years ago.

Back in 2003 Betfair issued a document that actually clearly laid out what a market looked like. In the document they looked at a horse race and showed how many people placed back bets only, how many laid only and how …