u/Benji692

Large spreads why do market makers always outbid you?

If something has some crazy spread like bid 2 ask 70 and you go in and put in some slightly higher, although still sort of risiculous bid say 8c, immediately the market changes to 70-9. Is this bots just assuming the real odds are higher and trying to always stay as highest bid? Anyway to outsmart it?

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u/Benji692 — 1 day ago