![]() ![]() In the time since I started studying this, I’ve moved from curiosity to a complete understanding of exactly why these biases occur and how they repeat. It’s something that I’ve spent a lot of time trying to understand by trying to quantify and explain it. This is interesting as it implies that some of what goes on in the market are built into the psychology of the participants in the market. But ultimately, the biases inherent in that data more or less persist. Obviously, markets, their structure and participants change to a certain extent. What I mean is that the biases I see in the market are more or less similar to back in 2003. The most interesting thing is that most of what I discovered within that data persists to this day. On seeing this publication, I realised that it gave me insight that may be useful then and in the future. I now use the data from back then and current data to look at subtle differences that now occur, how that affects the underlying market and what has changed since then. It listed all the market participants what they did, how much they did, how many accounts were active overall and similar information. Betfair went full disclosure on the race. ![]() Way back in 2003 Betfair published information on a specific race. This meeting has some significance for all traders. ![]() In early September there is a meeting at Salisbury, it’s feature race is the Dick Poole Filles stakes. ![]()
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