After tonight's disappointing result for Liverpool their price for the title has doubled. Is this a case of the market overreacting or is this a true reflection of the odds of Liverpool winning the title? Personally I think it is an overreaction and expect the price to contract from its current value of 11. One thing that is true is that this kind of unexpected result throws up some trading opportunities. I backed Liverpool with 100 @12 and layed off at 11 within 15 mins of the final whistle.
i noticed this massive swing as well and i'm also in agreement it is an overreaction. i wasnt watching the 2nd half of the game so didnt trade this particular market, but i wonder what ur thoughts are on the movement if liverpool win their next game on the weekend?
ReplyDeleteNot sure exactly but if they win I suspect they may come back in to 8 or 9 ish.
ReplyDeleteyeah, they're seems to be a lot of volatility in the outright winners market. quite tempted to lay chelsea, after they play burnley though! 2.4 seems too low.
ReplyDeleteYes Chelsea have not been that convincing this season. I think their price has shortened because the United and Liverpool have not looked great at times.
ReplyDeleteI expect there to be a fair bit of movement after the Arsenal v United game at the weekend. Could be a good opportunity to trade.
Certainly an overreaction to the defeat. Liverpool will bounce back and if they can get a few wins under their belt they should come back into the mix.
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