To: Uncle V.
Re: Exchange Market for Superbowl. NOT VEGAS.
Uncle V. I will try updated this daily. Its the money line market for the Super Bowl, just so you know, how I know were the money is going. So you know what I'm talking about when i say were the money is. Should have explained this at the start and not end of season. Sorry about that. I will try to explain as I go.
1st Number is the amount matched (Bets made) = €16,817
2nd is a set of Numbers this is price of SF. Blue (you can back) Pink (you can lay)
3rd is a 2nd set of Numbers this is price of KC. Blue (you can back) Pink (you can lay)
The Money on the bottom of the Blue & Pick is the the amount of money in the market at that time.
e.g If you want to back SF, you would select the 1st Blue and the Market says that you can have €3114 on SF at 1.94, if you took that the Market would empty out at 1.94 and go to 1.92 and so on. until some one comes in to back KC and puts the money back into the market at that price. You can Back KC for €7287 at 2.04.
29/01/24
30/01/24
Here is todays market (Same market) but today there is €117,320 matched, But you can only go €2.122 at 1.82 (4/5) on SF and you can back KC at 2.20 (5/4). This tells me that today 100K was put into the market and SF went from 1.94 11/10 to 1.82 4/5 and KC went out to 2.04 1/1 to 2.20 5/4. That's telling us that most of the 100k went on SF today. This is a liquid market and can change anytime on the spot.
That was the market at 14:00pm IRISH TIME
This is the market just now (18:00pm). Still betting on SF, Somebody went in and took SF at 1.82 and brought the price down to 1.80 with 4k bet. There is not a lot of money in the market now, SF today but could be KC tomorrow. but we see how it go's as the week go's on.
Just trying to explain what I waffle on about every week.