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Returning to Betfair's and working within their Exchange team was a remarkable experience, especially on such a unique, market leading betting and trading product. Understanding this I felt it was important to propose developing a strategy, whilst delivering simple intermediate solutions.

At bet placement prices offered by the thousands of customers are automatically checked on the Betfair Exchange. Back Up Top. My primary role was the end to end design of the experience of a transformation project transitioning their Exchange Market Graphs from classic technology to Angular JS. Betfair Product Owner Image of graph snapshot. View real time price movement relative to price change on graph.

Image of swiss army knife. Stakeholder Map. Competitor Analysis. Sketching graph layouts. Initial wireframes based on initial research. Mapping user journeys. On the contrary, in this other example there is more money on the Lay side, so the odd is likely to drop. The new Lay price will be 3. It's important to understand that WOM is not an indicator you should use to know when to enter the market. To identify there is more money on one side is not enough. What you should look for, in fact, is a clear tendency that reinforces your market position.

These days, it's not possible to be a good trader without being able to interpret market graphics, since they are a good way of having a clear perspective of a market. By using graphics, it's not only possible to understand what hapened and why, but it also allows you to predict what is likely to hapen.

All betting software applications have graphics such as this, which represent the price variation and it's volatility. The two lines, red and green, show how volatile the market can be. Interpreting these lines can help us understand the level of risk. Bellow this graphic there is a market volume graphic. This graphic helps you identify how the volume of money being traded may affect the market.

The bars represent the amount of money being matched in each time interval and the maximum amount is given on the left hand side of the Graphic. The line indicates the WOM on our selection of the market. Sure enough, the odd dropped, but then there was a change of position and there was more money on the Lay side, which forced the odd to rise. From this graphic you can tell that almost all of the money was on the Back side and there was almost no money on the Lay side, but then the market realized there was more value on the Lay side and inverted its position.

There is a lot of money coming in, but most of it is going to the Back side, so the market shows a dropping tendency line. In this example you can see from the WOM Graphic that most of the money is on the Lay side, which forces the market to rise. More money is constantly come in, but most of it into the Lay side, so the market presents a dropping tendency line.

In this fifth example, the market was stable, but then there was a change in volume, most of it on the Back side, so the market dropped. Then the volume was maintained, but it changed directions, so most of the money was on the Lay side, forcing a market rise. You can tell from the WOM Graphic that immediately after the market dropped there was more money coming in on the Lay side and, gradually the market changed directions.

With the help of the volume graphic, you can tell that the volume of money was maintained, it just changed directions. Spoofing is a process by which money is added to one side with the intention of misleading people who use this indicator as a tool to choose their market position. Spoofers do this by placing a lot of money on one side and then cancel the bets before they are matched. Spoofers usually place bets at odds that will hardly be matched with the intention of missleading other traders.

An area that is worth exploring is the matching of a large bet in a market. Breakouts indicate that there was a period in which a large bet came in and changed the tendency of the market. Unlike spoofing, this will match bets at the current price and will keep matching at the best price available. When you identify a large bet like this, if you are reading the market correctly, you'll know immediately which way it will move. When such a bet comes in, the market will show signs of changing and a new tendency will be created.

Many people will follow that tendency, which will affect the WOM of the market. If the order is much bigger than the opposite position of the market, it will collapse immediately and the market will move away from the bet that originated the change. Even if there is an attempt to change the direction of the market, you'll have some time to manage your position before the large bet disappears.

A large amount of money coming in is easy to identify and may indicate a change in value assessment by the market, it may indicate that a large trader has come into the market or that new information has changed the market value. To detect such changes, you should watch out for periods of little volatility, changes in WOM in relation to the current price that change that volatility.

If a large order comes in at such moments that may represent a good opportunity to come into the market. These are exactly what they sound like: a tendency to support a certain odd, that is, not letting it drop below a certain value, or to resist a certain odd, that is, to resist prices above a certain odd value.

Support value is the value that presents enough volume to sustain a drop during a considerable amount of time. The resistance value is the value that presents enough volume to resist a rise during a considerable amount of time. When there is a period in which it's possible to identify a pattern of support and resistance values not being broken, such values represent support and resistance lines.

When a support line is broken, that line usually becomes a resistance line. Similarly, when a resistance line is broken, it then becomes a support line. Share " Interpretation and analysis of Betfair market graphics " via:.

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How To Trade (\u0026 Profit) On FRIENDLY Matches! [Betfair Football Trading]

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Featured Golf. AT&T Pebble Beach Pro-Am: Former winners and big priced outsiders chanced at Pebble · The Punter's De-Brief: Major champs. Betting summary - Volume: £5, under O Total matched on this event: £​8, (so a lot more matched on over , a surprising large. A common mistake that many new traders make is that they assume weight of money is a summary of all the orders in the market. Luckily, that.