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The real action begins when it’s game time. Traders start adjusting their positions when they start to see how both teams are playing the current match-up. The spread is a completely liquid, free-flowing tradable good, fueled through the traders who influence its path. The market’s expectation of ultimate spread is dependant on the pre-game expectation, existing score, how much time is left in the game, properly course, opinions on your match-up is unfolding.
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