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-   -   Betfair SP Market Accuracy (http://forums.ozmium.com.au/showthread.php?t=24562)

Chrome Prince 11th July 2012 09:21 AM

Betfair SP Market Accuracy
 
Has anyone else noticed how much tighter the markets have become?
This is not just because of the increased commission levy, because UK is twice as tighter.
Not just talking about the SP market percentages, although they have also tightened considerably, but within those markets, the rankings have moved to where there is very little room to move.
For example:

Favourite prices have become more accurate and so have extreme longshots, almost every ranking has become more accurate to it's chance of winning.
Let's say we have a $2.00 favourite with the bookies, it's either $2.50 on Betfair or $1.80. The Betfair market is actually more accurate.

Going through the market data, it's been almost squeezed of every drop!

Of course there's still value to be had for methods, selections, systems and approaches, but speaking of blanket SP markets, all value either way has near evapourated!

kiwiz 11th July 2012 08:10 PM

Interesting observation
Thanks for bringing it to our attention CP

UselessBettor 11th July 2012 09:33 PM

Quote:
Originally Posted by Chrome Prince
Going through the market data, it's been almost squeezed of every drop!

Of course there's still value to be had for methods, selections, systems and approaches, but speaking of blanket SP markets, all value either way has near evapourated!

I would have thought more money = more accurate markets. Has the amount traded on SP increased ?

Sands 12th July 2012 06:41 AM

Quote:
Originally Posted by UselessBettor
Has the amount traded on SP increased ?

Likely yes imo but could be wrong

Chrome Prince 12th July 2012 08:29 PM

No I don't think it has that much, just that the money is smarter.
Just updated more data, and it's clear the prices are more accurate within the SP data.


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