Brexit Betfair Matched Market

  • There is currently GBP 81,950,661 matched on the outright brexit result, crazy.

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    Matwithonet 0

    Just spent an hour or so trading on it on smarkets in an aim to understand information streams and trading better. Must’ve placed a couple of grand in total to make about a fiver haha. Take that figure with a pinch of salt

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    Marv 2

    I was on betfair but using the bet angel software (can track charts and all that with it)

    Only using small bankroll but did alright

    However I would say that was a fairly straight forward market to do it

    Vote result from area comes in, prices spike accordingly and then settle, even early on the vote predictions update from the reporters made movements tradable

    Later on nearer 3am with results coming in much more often prices were moving much faster and charts needed more to see the waves

    I decided to fall asleep probably just after 3am when a flurry of results had the remain side on massive drift, 5.0 plus, was about 52%/48% on the votes results made open, maybe half of the areas, by then it did not look worthwhile to continue trading anymore

    Between prices 1.5 and 2.5 plenty volatile up and down before result was becoming clear what it more than likely would be

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