The home of intelligent horse racing discussion
The home of intelligent horse racing discussion

Reply To: betting exchange theory

Home Forums Tipping and Research Systems betting exchange theory Reply To: betting exchange theory

#43450
dave jay
Member
  • Total Posts 3386

Thanks for input Snowman.

I think I’m beginning to understand how this works.

If you were to have a bet on the exchange the night before the race. You would have to decide what price you thought your selection should be. You would have to make up a punters book (100%) and then put the bet in your favour by say 5%. So if you thought your selection was a 2/1 shot you’d try to get at least 5/2. If you got more you’d be happy but you’d walk away if you couldn’t get on at 2/1.

No the other hand your big bet might not be taken at the price you want. Would this mean dropping the requested odds?

Am I on the right track here?