The Line That Made You Stop and Think Someone Knew Something

Conor that observation is more sophisticated than you're giving yourself credit for.

The information market and the betting market operating as the same thing.

The game hasn't started and already the sport is secondary to the financial activity around it.
 
Yeah, those sudden line jumps are always interesting. When a line moves that fast without obvious news, it really makes you wonder who got information first or what the market reacted to.


Sometimes you never find out what caused it and it just stays one of those “what happened there” moments.


Also saw something betting related recently. The Big Adventures tournament is wrapping up and they’ll be drawing the final winner live. The prize is a Maldives trip and the selection is random from the Top 100.


I’ll probably watch the stream just out of curiosity.
 
I have one experience that I find difficult to categorize even now, 2009, Champions League, a line that by every analytical measure should not have existed at those odds, the discrepancy was not subtle, it was the kind of number that makes you check whether you're reading it correctly, I spent two hours looking for the legitimate explanation, found nothing, the movement was not recent it had opened at those odds and simply stayed there as though whoever had set the market knew something and was not interested in correcting it, I discussed it with Margaret at length and she said something I have thought about since, she said that sometimes the most frightening thing is not a line that moves suspiciously but a line that sits suspiciously still, as though already arrived at its destination while everyone else is still traveling, I bet cautiously, the match result was unremarkable, but I never found the explanation for why that number existed, the market knew something or it didn't, I still don't know which, and that uncertainty has lasted fifteen years.
 
"A line that sits suspiciously still. As though already arrived at its destination while everyone else is still traveling."

That's the most unsettling description of a suspicious market I've read.
 
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