Adonis First's Blog – August 2009 Archive (1)

Punters

Need the presence of multiple other Punters, but of opposite betting intentions, and awareness of the currently fair probabilities of success or failure in the part of the Market which interests them. This ready availability of opposite intentions is what a Punter typically regards as "Liquidity".

Want to minimise the overheads which exist whether they win or lose!.

Want to maximise the average efficiency of their betting at all times.

Insist on… Continue