mikkav Posted November 14, 2004 Share Posted November 14, 2004 I'm pretty clear on what the fav-Ls bias is all about but I was wondering if it applies to exchanges what with hardly any margin and just the commision to over come.Are punters on an exchange just as risk aversive as a bookie .My real question is can you apply a Laying strategy using the Fav-Ls bias do the same principles apply.Thanks:hope Quote Link to comment Share on other sites More sharing options...
Joe Posted December 12, 2004 Share Posted December 12, 2004 Re: Favourite-longshot bias If you compare the longshot prices between the exchanges and the bookies you'll find a much bigger difference than for the favourites. Basically, for high trading games, the longshot price will be pretty close to true odds. Quote Link to comment Share on other sites More sharing options...
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