FoG

Everyone is sick of reading and thinking about this but I'm just dropping a brain dump here as a reference for future.  In particular as a warning not to get involved next time.   NB: I dont think I am qualified to speak about these things, I am not any smarter than any of the other participants. These are simply my notes as I attempt to grow my own understanding. The market usually comes to a fair price by way of market forces - diverse and independant opinions aggregated together in the exchange.  One thought is that on politics that the market can be lead by an often biased media.   There was a growing opinion that this was a once in a lifetime betting opportunity similar to the McGregor/Mayweather event, the market was wrong/biased, the smart money had run out. The matched amount kept growing and growing presumably people with more money than sense having a flutter.  I thought that I could beat this sort of person. £500,000,000 was traded on betfair before election day. Where h