WAGERBIRD
Log InOpen Alpha Terminal
WAGERBIRD® Alpha Academy · SMT 101 Principles of Sports Markets
Included with every Alpha Terminal plan
Lesson 06

Price Formation and Movement

A market price is first set by the operator and then reshaped by information and by the positions participants take. This lesson explains how a price is formed at the open and why it moves before the close.

WAGERBIRD® ALPHA ACADEMY

Included with every Alpha Terminal plan.

Read the full Academy with an active seat: Alpha Plus ($99/mo), Alpha Pro ($199/mo), Alpha Max ($349/mo), or Alpha Desk ($2,995/yr). Want to read a sample first? SMT 101 Lesson 01 is open to everyone.

View Seats ($99 – $2,995) ↗
Read SMT 101 Lesson 01 ↗·Sign in ↗
SMT 101 · Principles of Sports Markets (9 lessons)Full course syllabus ↗
  1. 01Market Structure and SettlementRead ↗
  2. 02Market Types and PayoffsRead ↗
  3. 03Price Notation (American, Decimal and Fractional)Read ↗
  4. 04Implied ProbabilityRead ↗
  5. 05Operator MarginRead ↗
  6. 06Price Formation and MovementRead ↗
  7. 07Market Efficiency and the Closing PriceRead ↗
  8. 08Position Sizing and Capital AllocationRead ↗
  9. 09Applied Session: The Odds Screen and the BoardRead ↗