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How to profit from Betting Exchanges (BEX)     

Scripophilist - 27 Oct 2004 23:40


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Scripophilist - 27 Jun 2006 16:00 - 10017 of 10502

I will be laying Brazil from the start.

Fundamentalist - 27 Jun 2006 16:04 - 10018 of 10502

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

Fundamentalist - 27 Jun 2006 16:05 - 10019 of 10502

Ps hope you did lump on brazil

Pommy - 27 Jun 2006 16:06 - 10020 of 10502

ooops that was always the risk!!!

Pommy - 27 Jun 2006 16:09 - 10021 of 10502

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

Scripophilist - 27 Jun 2006 16:10 - 10022 of 10502

Laying the favourite is always a much lower risk strategy.

Pommy - 27 Jun 2006 16:11 - 10023 of 10502

so lay them again?

Scripophilist - 27 Jun 2006 16:13 - 10024 of 10502

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

Pommy - 27 Jun 2006 16:20 - 10025 of 10502

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

bakko - 27 Jun 2006 16:21 - 10026 of 10502

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!

Pommy - 28 Jun 2006 08:01 - 10027 of 10502

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. :)


Mr Euro - 28 Jun 2006 08:30 - 10028 of 10502

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

Mr Euro - 28 Jun 2006 08:44 - 10029 of 10502

The bet of the day for me I think is the cricket. Sri Lanka look very good value at 1.82, Pieterson / Collingwood are doubtful making an England win more unlikely.

Will put 2k on I think.

Fundamentalist - 28 Jun 2006 08:51 - 10030 of 10502

Mr E

already on at 2.0 ;-)

Mr Euro - 28 Jun 2006 08:59 - 10031 of 10502

On too now and moved the nudged the price a couple of points.

Fundamentalist - 28 Jun 2006 09:04 - 10032 of 10502

Mr E

just for onfo i will be trading my bet quite actively through the game. The biggest worry as a SL backer could well be the weather intervention and a shortened game being decided by Duckworth Lewis.

Im only a few miles from Old Trafford and currently its pretty grim with some dark clouds about (but dry at the moment)

Mr Euro - 28 Jun 2006 09:07 - 10033 of 10502

Thanks, keep me posted.

Here in the south of france it's about 35, which is cool for this time of year! It's warming up in a couple of days :-( Hopefully Martini is coming to stay in the next week.

Mr Euro - 28 Jun 2006 09:08 - 10034 of 10502

Fundy whats your strategy for trasding during the game? If you dont mind me asking.

Fundamentalist - 28 Jun 2006 09:14 - 10035 of 10502

Must be tough having weather like that Mr E lol

As for trading the game, i mainly trade on value during the game and based on an expectation of what the likely scenarios are going forward. I played a lot of cricket when a bit younger at all but the top level hence find it easy to break the game down into smaller segments which is what the two sides should be looking to do and then look at where the prices will go if certain events occur. I also keep an eye on the spreadbet markets as to a guide to what the market sees as a par score.

During most games there are points where one side (usually the batting side) will effectively become a free lay for 3 or 4 overs where there price wont shorten but on a wicket will blow out severely. I also look to trade the general overreaction to wickets

Isaacs - 28 Jun 2006 09:17 - 10036 of 10502

A free lay is always welcome. Definitely beats paying for one.
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