General question for the inrunning traders

[dikenia]

Does anyone know why the inrunning markets are very frantic some days and some days not...i do understand why they behave like that at the weekends cause of the many weekend-only-players, but what`s the difference between yesterday, where they were all over the shop and for example today, where the inrunning markets seem much calmer/sometimes dried out (when watched on the ladder) with much less fluctuation of prices resp. liquidity...as i don`t live in the UK i thought one of u knows, whether there`s a specific reason for that or whether there are specific weekdays that are known for high/poor liquidity...cheers

[doris_day]

I assume you are referring horse racing but the general principles are the same in any market. The problem is lack of liquidity. Its when there isn't much money around that you find the volatility is at its greatest and the reasons are pretty obvious - small amounts coming into the market can quite easily wipe out a whole section of prices in they're not attached to big money.

The problem with Betfair offering more and more markets is that they all take a share from the other markets and therefore the liquidity in those markets falls.

Also, as the markets mature the players become wiser and so there is less 'mug' money around.

The great days of easy pickings on Betfair are now long gone and even the track players are finding it hard. I think many of the track players will realise that a simple one-click pre-set button of, say 1.10 just isn't good enough any more because while a year or two ago they may have got matched at 1.50 they're now going to matched much closer to their 1.10 setting. I'm sure there are plenty out there that make money this way but I'm also certain, because of the fall in in-running liquidity, there are plenty that have got their fingers burnt.