How to Spot Market Manipulation

You'll see it most days on the racing markets. What that guy's trying to do is put false money into the market and give an indication that there's a lot more money to back a horse than there really is. So what he's end game is just to try and lay this horse at six point four or six point 6. He puts the false money in on the back side to drive the price down. Then he lays it at the lower price. As soon as it gets to that price, the money disappears. That is market manipulation. And you're looking for money that appears for a few seconds and then disappears. It's easy to spot because it will be way out of