The Importance of Highly Efficient Markets

The bet fair market is highly efficient and rarely goes outside that. The second it goes under 100%, the bots will automatically go and back every outcome knowing that they can't lose. Exchanges in general are far better than a bookmakers because all you can do is back at their prices for as much as they're willing to let you have. Ladbrooks put up Greyhound markets at 140%. And we proved that on one of the courses, we went back to horse, a dog on bet fair that was 20 and we had £5 on it. We got paid £95 when it wins because you pay your commission on the exchange, so you pay your 5%. So we backed it