~30k for 30 seconds' work?

[lcredd]

I don't know too much about 'hooverers', but I would definitely take as much as possible at every opportunity. I think Betfair will start to suspend markets quicker in the future so the 'hooverers' days are probably numbered anyway.

[Temujin]

Recently there was a La Liga game where BF did not suspend the market and the odds for the favorite ( I guess it was Valencia) went up to 2.50 from 1.40 when the opposition scored the goal.. I couldn`t hoover since the big money were too enthusiastic to get match...

Yes, and nobody is denying there are. The point here, is mf is suggesting that the said hooverers, would not take more than 3-4 ticks to avoid detection, because he listens to the football traders, even though you are suggesting you are one that suggests that markets will move from 1.40-2.50 before a suspend.

A hell of a lot different than saying they are not prepared to move more than 4 ticks to avoid detection.

As I suspected, they will take whatever is on offer, knowing that the opportunity will not last forever.

[3virgul14]

And before any of you raise the question, BF acts randomly in return.

There was a match in FA Cup, that they cancelled all the bets in half time because me and my friends could hoover around 2K after the goal in HT markets..

And there were many cases that 10`s of thousands were hoovered and nothing was cancelled. I suppose it depends on whether you manage to take their bots or XM money, or not..

[3virgul14]

I am indeed a football trader and I can say that there is hoovering.


Sometimes it`s betfair suspension monkeys who are not fast enough to suspend the market, and sometimes its those fellas who are following the games in the stadium or getting reported on the phone or via fast satellite pictures.

But in both cases no matter what the reasons is, every once in a while, 3 -4 games in a week( I follow up to 50) , there is a hoover-er. Sometimes even myself, when I am 8-9 seconds ahead of picture or BF monkey does not realize the red card, penalty, over the line saves etc...

Recently there was a La Liga game where BF did not suspend the market and the odds for the favorite ( I guess it was Valencia) went up to 2.50 from 1.40 when the opposition scored the goal.. I couldn`t hoover since the big money were too enthusiastic to get match...


A month ago, a game in Sardinia involving Cagliari in Seria A, the fastest satellite picture was behind of the in-stadium traders at around 10 seconds. They layed the goal everytime with 5K or more in the correct score and under markets even before the attack has started. It took me 2 goals to understand wtf is going on, but after that I placed my lay over their money and got matched on the 3rd goal, was amazing!!

[Morgans Choice]

I usually find your logic faultless but in this case you are wrong, the hooverers do exist, are ubiquitous, and here is the founder!

Below are links to many of his disciples.

disciple 1

disciple 2

disciple 3

Lol, very droll P,

cheers, MC

[Temujin]

Not sure where I said there was no hooverers? What I said, was this situation does not sound like them.

[PC0845]

So you are saying there is a code amongst all the "hooverers" and they have meetings discussing the rules of "hoovering" and that nobody is to drop the market more than 4 ticks to avoid suspicion or they will be out of the union?


Absolutely kidding yourself if you think this union exists.

I usually find your logic faultless but in this case you are wrong, the hooverers do exist, are ubiquitous, and here is the founder!

Below are links to many of his disciples.

disciple 1

disciple 2

disciple 3

[Temujin]

The football hooverers are doing fine with their current methods and certainly don't want to risk being closed down.

You even named their union.

There is either 1 "hooverer" that wants to avoid detection, or there is a group that have agreed to limit their "hoovering" to avoid detection.

That is your statement, not mine.

In normal markets, people will grab the best price they can that they consider value. And if a goal has already been scored and the market yet to be suspended, they certainly wouldn't be missing out because others only went 3-4 ticks. They would be taking 5-6 ticks. Guaranteed.

You can be as arrogant and condescending as you like, but facts are facts. Markets have mechanical truths, no matter what sport is involved.

[1/4 of a millionaire fund]

Not too sure how you've come to some conclusion I believe there's a hooverers union, but hey in your Walter Mitty life as a master trader who am I to argue.

[Temujin]

And who exactly are these football traders that do this every day and how much are they making with their superior market reading ability? Maybe they can give me some tips.

[Temujin]

So you are saying there is a code amongst all the "hooverers" and they have meetings discussing the rules of "hoovering" and that nobody is to drop the market more than 4 ticks to avoid suspicion or they will be out of the union?

You are suggesting that normal market conditions don't apply to soccer in that you will take the best value you can?

Absolutely kidding yourself if you think this union exists. And if they don't, then who regulates them not dropping more than 4 ticks? You seriously think the people too slow to beat them are going to not take what is on offer below those 4 ticks to protect the people taking the money they are missing out on?

[1/4 of a millionaire fund]

You don't trade, watch or even like football but as usual your opinion on every market is correct I should've known better than taking the views of football traders who do this day in day out, my bad, thinks for enlightening me.

[Temujin]

Moving a price 30-40 ticks is a sure way of alerting everyone you 're beating the clock, not to mention putting yourself at risk of disallowed/offside goals. The football hooverers are doing fine with their current methods and certainly don't want to risk being closed down. You're being pretty naive if you think these are natural market moves.

Well I think you are naive if you think there are only 1 or 2 "hooverers" working together. The market works the same way regardless. You grab what you can. If that means somebody is jumping 5 ticks, you jump 6, and somebody else jumps 7 and so on. You think people give a shit about alerting anybody if they aren't the one hoovering the price anyway?
Sure I am basing my opinion on what I have seen and that is generally not soccer, but seriously, 3-4 ticks is a normal movement in most sports where somebody wants to get on.

[1/4 of a millionaire fund]

Moving a price 30-40 ticks is a sure way of alerting everyone you 're beating the clock, not to mention putting yourself at risk of disallowed/offside goals. The football hooverers are doing fine with their current methods and certainly don't want to risk being closed down. You're being pretty naive if you think these are natural market moves.

[Temujin]

If it was due to delay, you can be sure they would be taking more than 3-4 ticks down. No way in hell there is a delay that big anywhere. If there was there wouldn't be betting on it or they wouldn't bother suspending it at all. Sure some may get away with some somewhere, but this would be reported big time to BF and they wouldn't risk it being too consistant.
But either way, if this was the result of a goal being scored, the price would have moved more like 30-40 ticks before suspend rather than 3-4.
Prices in soccer still get out of whack. Come up too quick, or go down too slow, and people correct the market. This time it worked out brilliantly, maybe next time it won't. But either way, as minimal as it may be, there are plenty of times that value will appear in a soccer market throughout a game.

Please note, I don't trade, watch, like, soccer in any way. I have however watched markets, and you watch them and know that there is opportunities and markets moving too quick that need to be corrected.