Fluke?

Had an unexpected bonus at the weekend. Well I say unexpected, I do hunt for these sorts of opportunities as the effort costs little but the rewards are there if you look hard enough. Sports markets seem to be the sort of place where the harder you look, the luckier you get.

'Little Hotpotch' should go down in history as the one of, if not the worst SP for backers seen yet on Betfair. The SP volume was unusually high on this market. Even stranger was the money on this particular horse. Something was completely broken about this market and especially this selection. A horse at 1000 generally attracts little interest but this horse attracted £5733 on the exchange and £3297 at SP!!!!! The market itself was high by SP standards at nearly 4.7% but the amount on 'Little Hotpotch' was extraordinary, something very odd going on.

Anyhow, the SP seemed to be out of kilter with reality so I put a lay in at SP for a small amount. I should have been matched at 1000 but the lay resolved at just 41.35!! This it one of the most memorable trades in my career.

A fluke, for sure as I didn't guess I would get such a favourable fill. I did figure out that when the market went in running this selection would trade at 1000. Knowing my maximum lay would also be 1000 there seemed little risk. I nearly fell off my chair when I was filled at just over 40.