Betfair graphs explained – read valuable information from any Betfair market and understand the logic behind these graphs. In essence, these graphs display information in a way that many people do not expect. They display every transaction that happened on a particular market, so you can see the whole history of trading in a small picture. That leads to a problem when people tend to misinterpret what happened at a certain time on the graph.
Betfair Graphs Explained:
- I’ve recorded exactly 2.5 minutes (150 seconds) of the Betfair graph and time lapsed it to run three times faster. In other words, 50 seconds of the YouTube video represents 150 seconds of real time.
- There was still about 2.5 minutes remaining until the official start of the race but the recorded part represents about half of the Betfair graph.
- This is an example of how you should read a graph – most transactions arrive to the market before the official start and the Betfair graph records every transaction. Therefore, this very short time frame usually takes up the biggest part on the graph.
Example: The blue part represents the first 20 hours, the red part the last 2 hours
It’s obvious most money arrives in the market during the last few minutes of trading. It arrives in the last 10 minutes before the start of the race. Within these 10 minutes, the last 5 minutes are the busiest period with the highest volumes traded. So the last 5 minutes usually represent a big portion of the graph compared to the entire trade.
Betfair graphs are invaluable tool for me when trading. I can recognize many patterns that help me to understand where the market could move next. When I started trading back in 2006, I used to collect these graphs and learn from them as much as I could.