The Invisible Hand in the Australian Markets

There's no way for it not to be optimal and efficient because there's people and there's bots out there who are guiding the market back to 101% very, very, very quickly. Jake Wallis: Bookmakers have become very, very lazy, especially in Australia. They just follow Betfair like sheep following around the guy with the hay bale on the back of the tractor. No, no, I've seen it and I've done it. We'd remove all the bets from Betfair, drive it straight back down to 7, lay it at 7 and the job's done. You've got yourself a massive position, can't lose no matter what.