Firstly thanks to Tetley over at my main site for another excellent column yesterday and his insight to the latest from the markets.

Remember its vital to check prices near the off as connections are playing Betfair very cleverly with so many `phantom` gambles. A gamble in the morning for instance is used as a `staircase` for connections to use their Exchange accounts and imply the horse is fancied.

Quite regularly you will find these `gambles` are just the opposite and its a means for those close to the action to lay their horses at very low levels. It does go on and seems to be an increasing problem.

Take care when backing a horse for instance which has doubled from its morning summit laying price.