Tag: volume
The Betfair exchange in numbers
I started collecting data on Betfair from the very early days and have carefully archived masses of work that I’ve done in the market.
I hoard data, even if I have no need for it, as I can go back and look at or compare previous periods. This is helpful in sporting terms to understand how the markets behaved in the past, but also I’ll often go back to apply something I recently discovered and see if results are consistent …
Loadsamoney
I made a post on social media this week about an article that appeared in the Financial Times. I didn’t realise at the time of posting, that in the background there was a mention of a sizeable position then went through the market at Royal Ascot.
I only realised this, when people started questioning it shortly after the post. Asking how it was possible put £125k through a market?
Ordinary or extraordinary?
This wasn’t an ordinary market, though, this was …
Volume is not liquidity
I was at a meeting last week and was at pains to point out the difference between volume and liquidity. I’ll save the detail for another post at some point in the future, but here is a simple view and some examples, using just £100 stakes.
If you come on any of the courses we run, I’m happy to talk you through the strategy. It’s simple easy and really effective at tournaments like Euro 2016.
Stuffed full of cash…
Pre match volume at the World Cup
Just cut some data on the pre-match volume at the world cup and thought I would share it with you.
The chart is looking at what percentage of volume arrives when, represented as a percentage. So all matches ‘end’ with 100% of volume at the start of the match. Y axis is percentage, X axis time in minutes before the start of the match.
You can see both graphs are pretty similar but there is a lot more money earlier …
Today’s crop of dodgy football matches
The football season is pretty much over, but the fun and games are not it seems. With a few things to be decided in Italy there is still time for some unusual odds, volume and perhaps results? I have attached an image for posterity. At 09:00 this morning the matched bet volume on Verona vs Empoli was the leading traded volume on the football for the entire day for all matches!
Novara vs Lanciano – £15k matched, £11k on the …
Betfair market anomalies
An interesting couple of days so far this week in the markets. Interesting for an anomaly that we have seen. It’s only a couple of days old, so I can’t draw any conclusions just yet, but it is unusual so I thought I’d post about it.
We monitor the markets cloesly and ‘felt’ that matched bet volume on occasion was much higher than we would expect. We noticed this because, in the latter stages of a racing market just before …
Betdaq boost
Yesterday saw a fairly big boost on trading volume on the horse racing markets on Betdaq, which was more or less running at double last weeks numbers on average. It’s too early to say if this is a sustained increase or just a blip, but it’s encouraging.
I’m not going to tell you to use one exchange or the other or both, that’s your decision, not mine. Everybody is at different stages of their trading. But there are obvious benefits …
Curious
There seems to be an increasing trend for very low matched bet volume on Betfair on a Saturday.
Some of the early races today had much less money matched on them than their significantly inferior midweek counterparts, it’s a curious but persistent trend. In general, I would guess there is less money being matched on horse racing than in previous years, but I’ll have to do some more work on this before I can confirm one way or the other. …
Cheltenham volume
Just traded the 13:30 at Cheltenham and I have to say it had some of the worst volume for a Cheltenham race I have ever seen on Betfair. Hopefully it will improve during the day but the total was worse than some of the poorer quality fare I have seen and nothing near what it should be for a quality race. Not sure what to interpret on that count.
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