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How to profit from Betting Exchanges (BEX)     

Scripophilist - 27 Oct 2004 23:40


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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.

bakko - 28 Jun 2006 09:18 - 10037 of 10502

Morning All,

Well done Fundy on getting on board at 2.0 Completely missed this one and only picked it up this morning. Will have to wait for a better price later.

I'm expecting a weakened Eng side with the injuries and resting others for the forthcoming Pakistan tests.

Pommy - 28 Jun 2006 09:47 - 10038 of 10502

Mr E where in the south are you?

Mr Euro - 28 Jun 2006 11:03 - 10039 of 10502

Thanks Fundy.

Pommy near Toulouse.

Pommy - 28 Jun 2006 11:19 - 10040 of 10502

Theres a joke int here somewhere TO LOSE ;)

Mr Euro - 28 Jun 2006 11:26 - 10041 of 10502

I dont lose that often Pom :-) Just when I do it's normally a big one!

Mr Euro - 28 Jun 2006 11:46 - 10042 of 10502

Greened up. Might soon another wicket soon at this rate so will get back on as and when.

Fundamentalist - 28 Jun 2006 11:46 - 10043 of 10502

Mr E

likewise greened on the match odds but also bought SL runs at 260 on the spreads and am letting that run

Fundamentalist - 28 Jun 2006 12:50 - 10044 of 10502

closed the spread at 306 when it started raining at mine - sometime sbeing in manchester has its benefits lol

Fundamentalist - 28 Jun 2006 12:52 - 10045 of 10502

eng big prob is if game isnt shortened harmison will be bowled out

Mr Euro - 28 Jun 2006 12:53 - 10046 of 10502

Backed SL again. Might just let it go for the day and watch something else! REally cant see England winning it from here.

bakko - 28 Jun 2006 12:58 - 10047 of 10502

Nice to see you doing well Mr E

Backed SL at 1.93 after the 1st wicket :-))

Mr Euro - 28 Jun 2006 13:02 - 10048 of 10502

I almost always do ok bakko but I am also honest with my bad trades / luck :-)

Not sure what effect the weather will have. I think it could favour SL as the DL method wil consider they are flying along and set England a high score.
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