General – Page 3 – Peter Webb

Do Betfair markets reflect true opinion?

Peter Webb 15th July 2016

OK, for years the exchange mechanism has provided a very useful pricing mechanism. A careful aggregation of demand between people competing on a level playing field and it has provided a beautiful insight into the way free markets can work to mysteriously, accurately, price an event – in this case the prediction that something will win a sports event.

Changes

But we have been watching closely as the market has gradually decoupled from it’s long established core. What do we mean …

Betfair, featured, General, markets, odds, pricing, racing

British Grand Prix

Peter Webb 10th July 2016

After a really successful week, I’m ducking out of trading seriously today to watch some sport and do a few other things. I can’t rule out doing something at some point, the temptation can be great, but I’ll endeavour not to do much. I may trade the Euro 2016 final pre-off.

British Grand Prix stats

The British GP is curious in that, for a non-street circuit, the average outcome is quite variable from Grid to Finish. It’s the least certain race …

british grand prix, euro 2016, featured, General, wimbledon

Good Luck to all runners today

Peter Webb 24th April 2016

If you are running the London marathon today then, I’m jealous! But I’d like to wish you the best of luck and hope you have a really good run.

If I can stay injury free for a few years I may try once more, but I’m getting old and decrepit; so it gets less likely each year. Nothing’s impossible though as I could always enter the wheelchair race! I was a good 1/2 marathon runner, but couldn’t transfer that form to the …

General, marathon