New Posts For Thread: who shapes betting markets??!https://community.betfair.com/general_betting/go/thread/view/94082/29775675/who-shapes-betting-marketsjust out of interest, I suppose it varies sport to sport but I was just after opinions as to what shapes a betting market thesedayslarge statistical modelling system players?general betting public?bookmakers odds compilers?combination?other?The markets cn only be shaped by people cherry picking at bets they think are value.https://community.betfair.com/general_betting/go/thread/view/94082/29775675/who-shapes-betting-markets?post_id=529119069#529119069The markets cn only be shaped by people cherry picking at bets they think are value.Sun, 17 Feb 2013 13:05:45 -0600When you say 'compilers', do you mean companies who provide the prices or the individual bookmaker compilers?Of late, the trend seems to be that companies are compiling then passing onto the bookmakers.From there, it feels like the individual bookmakhttps://community.betfair.com/general_betting/go/thread/view/94082/29775675/who-shapes-betting-markets?post_id=529116827#529116827When you say 'compilers', do you mean companies who provide the prices or the individual bookmaker compilers?Of late, the trend seems to be that companies are compiling then passing onto the bookmakers.From there, it feels like the individual bookmakSun, 17 Feb 2013 11:43:22 -0600"large players certainly change the odds at the off....".The problem is we have no idea whether these large players are backers/layers , or simply traders moving out of positions."horse racing..doesn't lend itself to statistical modelling".For many yhttps://community.betfair.com/general_betting/go/thread/view/94082/29775675/who-shapes-betting-markets?post_id=529115811#529115811"large players certainly change the odds at the off....".The problem is we have no idea whether these large players are backers/layers , or simply traders moving out of positions."horse racing..doesn't lend itself to statistical modelling".For many ySun, 17 Feb 2013 11:07:06 -0600Compilers followed by the market forces.https://community.betfair.com/general_betting/go/thread/view/94082/29775675/who-shapes-betting-markets?post_id=529110765#529110765Compilers followed by the market forces.Sun, 17 Feb 2013 08:10:49 -0600Depending on the liquidity, large players certainly change the odds at the off. Watch a horse race, and you'll often see large amounts of money come in right before the off moving the market sometimes several ticks.https://community.betfair.com/general_betting/go/thread/view/94082/29775675/who-shapes-betting-markets?post_id=529107849#529107849Depending on the liquidity, large players certainly change the odds at the off. Watch a horse race, and you'll often see large amounts of money come in right before the off moving the market sometimes several ticks.Sun, 17 Feb 2013 05:16:00 -0600interesting one SS, with the horse racing the variability and volatile nature of the sport doesn't lend itself to statistical modelling and those markets I would assume are shaped by a combination of opinion and insider knowledge whereas with footbalhttps://community.betfair.com/general_betting/go/thread/view/94082/29775675/who-shapes-betting-markets?post_id=529107629#529107629interesting one SS, with the horse racing the variability and volatile nature of the sport doesn't lend itself to statistical modelling and those markets I would assume are shaped by a combination of opinion and insider knowledge whereas with footbalSun, 17 Feb 2013 05:00:31 -0600depends on what time you are looking at the market, 5 days before start, 1 day, 3 hours 2 mins or actually in-play?https://community.betfair.com/general_betting/go/thread/view/94082/29775675/who-shapes-betting-markets?post_id=529107191#529107191depends on what time you are looking at the market, 5 days before start, 1 day, 3 hours 2 mins or actually in-play?Sun, 17 Feb 2013 04:20:00 -0600When I moved here just over a decade ago, the variety of odds on offer from shop to shop was noticeable. I used to pick up the weekend sheets and hi lite the best prices.It's all different and five years ago, I started asking the same thing. ------https://community.betfair.com/general_betting/go/thread/view/94082/29775675/who-shapes-betting-markets?post_id=529107183#529107183When I moved here just over a decade ago, the variety of odds on offer from shop to shop was noticeable. I used to pick up the weekend sheets and hi lite the best prices.It's all different and five years ago, I started asking the same thing. ------Sun, 17 Feb 2013 04:19:25 -0600just out of interest, I suppose it varies sport to sport but I was just after opinions as to what shapes a betting market thesedayslarge statistical modelling system players?general betting public?bookmakers odds compilers?combination?other?https://community.betfair.com/general_betting/go/thread/view/94082/29775675/who-shapes-betting-markets?post_id=529106907#529106907just out of interest, I suppose it varies sport to sport but I was just after opinions as to what shapes a betting market thesedayslarge statistical modelling system players?general betting public?bookmakers odds compilers?combination?other?Sun, 17 Feb 2013 03:47:26 -0600