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hi all,
i would like to know if market informations like Betting summary - Volume are really useful for bettors.
I mean, for example : in a tennis match between two players A et B.
If 80% of money of "Total Matched of the event" is traded on player A and he loses, what does it mean ? That a lot of people have lost money or simply that most of gamblers prefered to trade money on player A instead of B.
How do you interpret such informations ?
Thanks a lot.
i would like to know if market informations like Betting summary - Volume are really useful for bettors.
I mean, for example : in a tennis match between two players A et B.
If 80% of money of "Total Matched of the event" is traded on player A and he loses, what does it mean ? That a lot of people have lost money or simply that most of gamblers prefered to trade money on player A instead of B.
How do you interpret such informations ?
Thanks a lot.
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Yes, I find it useful.
Of course, every unit lost by someone is won by someone else (minus commission). Usually the favourite will be most heavily traded in a market.
There are some pitfalls to keep in mind with these figures.
For instance, backing player A at 1.01 for £1000 adds £2000 to the matched figure, whereas laying player B at 100 for a liability of £990 adds £20. The bets are almost identical, but the Matched amounts are affected in vastly different ways.
Of course, every unit lost by someone is won by someone else (minus commission). Usually the favourite will be most heavily traded in a market.
There are some pitfalls to keep in mind with these figures.
For instance, backing player A at 1.01 for £1000 adds £2000 to the matched figure, whereas laying player B at 100 for a liability of £990 adds £20. The bets are almost identical, but the Matched amounts are affected in vastly different ways.
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