Betfew international

[TWOBETS]

Thanks to Michaelg and his never ending flow of ideas, I've been looking at laying higher priced offerings around the globe. What seems to be apparent to me is a different style of Betfew use in Australia to that which goes on in NZ & UK.

In UK & NZ the lay and back prices seem to slowly come to a common ground in a timely manner before the race is run. In Aus however there seems to be a reluctance to trend towards a common ground and you get layers picking off crazy high prices and backers picking off crazy low prices before an attempt is made at finding a common ground.

Am I imagining this effect or is there any substance to this observation. Anyone's thoughts welcome.

[jose]

Yes, same here. Not always of course, but they can be quite erratic.
Patience is the key, no matter whether you back or lay. IMHO

[AngryPixie]

I think this is a hang over of the tote system in Australia. Users have been conditioned over decades to place their bets very late so as to have a better idea of the price they'll secure.

It's the reason I'll ignore any race until it has had at least $30,000 in total traded on BF.

[jose]

You could well be right there AP.

[TWOBETS]

Thankyou for your comments, one and all. Very illuminating.

But cause I'm thick, I still don't see why anyone would pick off a price that has yet to find a mean. Why not just offer a bit more if laying or offer to take less if your looking for the win. Seems crazy to jump the gun. What am I missing here?