How would you like to trade a market where you get large regular price swings every 10 minutes in the afternoon, seven days a week. A
market where all prices are set purely by supply and demand, few transaction costs, no middle men and you only pay commission if you win? Where you can freely act as a market maker and where you have direct market access and where you can create a spread for others to take?

Betfair has revolutionised the betting market and created an open platform for exchanging risk on sports events. This market is now viewed much more like a traditional financial risk market than an old fashioned betting market. Smart users have realised that there are huge opportunities on Betfair because they can buy and sell risk in much the same way they would in a normal financial market but without the burden of cost or the restricted access that is usually associated with traditional financial markets.

Click here to learn more

http://www.sky.com/skynews/video/videoplayer/0,,31200-dutchfans_p15534,00.html

New day new start! It's not as if I lost money, well I did but it was from winnings.

I must refund my account as it all went on the match yesterday. I try to cash out frequently and keep a minimum there to avoid situations like yesterday. Fortuantley it doesn't happen that often!

Brasil look interesting today but I think they will drift and certainly wont have it all there own way.

Mr Euro.....Really sorry to hear of your trading mishaps especially on the Italy game yesterday. From your recent posts it seems that you may not have fully grasped the concept of laying off. The big problem with laying off at highish odds is that the potential loss will be monumentous if the trade goes against you.

If you're still unsure, please post up as there are a few of us on here who have had a few years trading experience and are more than willing to give you a helping hand. Nobody likes to see losers especially on this thread.

Go easy on lumping on short odds too, especially in knockout matches as such games rarely go according to your trading plan.

LOL Bak advising someone to go easy lumping on short odds on shots - theres firsat hand experience talking lol

ps Bak turn messenger on

Annoyed myself last night.
I made Ukraine favs so laid the Swiss at 2.46 a hour before kickoff, they were then backed in so though i must have missed some team news, so i closed my bet an small all round red.
Managed to scalp bits to make the draw green and the other even but should have made so much more!

Cant see Ghana givign brazil too many probs todays with Essien missing, but Ghana will start brightly so will lay brazil for 10 mins.

France v Spain is a game to watch, anythign could happen Im more interested in the Henry v Puyol and Fab vs Vieira battles!!

Pommy....go easy if you're going to lay Brazil. Don't do it way before ko as the big lumpers will bring the price in. Also, if Brazil starts well the price will shorten too. It could be a while before your trade comes good again.

I layed France v Togo and had to endure 30 heart stopping mins before getting out on a profit!

Bakko thanks but dont worry, I have been around the block (although Betfair is a new block!).

Have opened a second Poker account at a place that will remain nameless. Will try and play 2 at the same table, not sure if this is agaisnt the rules?

i see ghana strting well and taking it to Brazil.
i wont be in too heavy tho!

I will be laying Brazil from the start.

Mr E

Very against the rules and theyll trace it very quickly and bar you from the site and circulate your details to other poker sites. Would advise very strongly not to do so

Ps hope you did lump on brazil

ooops that was always the risk!!!

Scrip how to play out now then (he asks for a bit of free advice ;))

Laying the favourite is always a much lower risk strategy.

so lay them again?

I am not paying much attention to the football today and looking at Wimbledon instead.

scrip is much of your method based around saloing time decaying markets?

Pommy, I wouldn't advise laying again. Only listening to the game here and based on the commentary there's more Brazil goals to come. Take the loss on the chin mate.

Alternatively, you could lump on Brazil, big samba style and hope they wrap up the game. Not for the faint hearted though!

i backed them at 1.08 and laid them again at 1.02 so reduced my loss!!

Bottled the french game, after saying it was one to watch I laid them in the end then decided i would revert to my original idea to just watch the game so closed it for a 20quid win on france. :)

Didn't get on the Brasil game in the end. Won a bit on France but only put a 100 on.