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.

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Betfair have asked me to talk at the active investor event on Monday. If any body wants a chat come over and see me.

All we got left now and currently were not good enough

tonite was very frustrating, felt we got mugged by a bad ref and Blackburns only shot on goal in 180 mins (great tho it was). Thought Poll was his usual joke, refused to book/send players off for bad fouls but happy to book for trivial matters and as usueal nevers gives anything in/around the box

Clearly Baptista will be heading back to madrid and Senderos wont be first choice once Toure and Gallas are available (and Djorou in my book) though would expect some strengthening at centre half for next year, otherwise the future still looks bright

How many teams could go away to a top half prem side missing the following players and still dominate (if not win :-( ) Lehman, Hoyte, Djorou, Toure, Clichy, Fabregas, Rosicky, Diaby, Flamini, Adebayor, Van Persie, Henry

I can't see them winning the CL league though. That said I couldn't see Liverpool winning it either a few years ago!

Cant see us getting through to the next round at the moment, not scoring in PSV could prove very costly with our habit of shipping a goal to the oppo when at home

I have been using Bet Angel basic over the last week or so and have a question that I'm hoping can be answered? When betting on horse racing I have noticed that there seems to be an in-play feature/function which seems to allow for a wild fluctuation in price movement during the race. This in-play only seems to appear during certain races though and not all of them is this a known bug?

Hope this makes sense to any Bet Angel users out there?

Ian, The "in-play" feature you mention indicates the race is underway and the odd fluctuations are directly proportional to how each horse is performing during the race.

eg fallen horses will go instantly to 1000-1, horses that have little chance of winning will drift out as the race progresses.

Hope this helps.

Hi bakko,

Thanks for replying, the problem is the fact that the in-play feature doesnt always appear on Bet Angel during a race and your just prompted with "suspended" at race end?

Rgds,

Ian

Cant really comment on the Bet Angel basic version as I'm currently using Pro (paid up version). The green "in play" indicator always kick in on the off.

Maybe its a bug in the freebie version to encourage you to switch onto Pro lol

Horse-racing.
I know nothing about this....but I thought all betting stopped as soon as the horses were lined-up? That being the case, all bets become zero-volume.
Is it possible that racing-horses outside the UK have different rules?

Thanks bakko,

There is definately an intermittent problem with the basic version then as the in-play feature doesnt always appear! as you say maybe a deliberate bug to get you to switch. LOL

Can anyone confirm whether the "in-play" feature is limited within Bet Angel Basic?

Rgds,

Iankn73

hangon

all uk horse races go in play, they are suspended at the off then turned in running a few secs later (all unmatched bets cancelled) on betfair

betfair have recently started offering some of the US races in play as well and i guess they would like to do so for all horse races (though think may have legislation issues doing so in Australia)

Hi Fundamentalist,

You have just resolved the issue! Its nothing...to do with Bet Angel Basic after all. I have been indulging in a wee flutter on the horse racing e.g. jumping between U.K & U.S races. You had stated that betfair have recently started offering "some" of the US races in-play.

So no bug in Bet Angel basic!

Thanks again

I have betangel basic and Scripophilists book on order.
In profit on BF, but theres a fair chunk of that is straight gambling ,typically on in-play games. Not had much luck with trading on the horse racing.

Was looking at doing the 1 day course and betangel prof version.
Im only able to gamble/trade on evenings and weekends
Anyone here use betangel professional on a similar part time basis? Just wondering
if its overkill for someone using it to the levels I would.

Hell all,

Does Scripophilists new book basically contain everything you would expect to gain from attending the course? Has anyone attended the course and purchased/read the book? I would be interested to know any personal views on the course/book and subsequent success rate thereafter on Betfair? I have been using Bet Angel Basic for roughly 2 wks and I've had a bit of a roller coaster re: betting and laying and would like to improve my % rate!

Rgds,

Iankn73

Very quick answer is that no one has read the book yet as its not been published yet. I think its due end of April but if scrips around he'll confirm this.

Having been on the course and knowing scrip Id expect the book to be very insightful though think youll learn more and quicker on the course, mainly due to the personal interaction and also from watching him actually trade during the afternoon

With regard to trading only evenings/weekends then you'll be ok in the summer when the glut of evening racing starts up again and theres always weekend racing (though personally find it harder to trade than midweek due to there being more racing, often with meetings clashing and it being harder to judge when the money is entering a race before the start. also the bigger meets have much more liquidity and less volatility)

Thanks Fundamentalist!

The book will get out there eventually but will not be the same as the book you get at the course for sure.

Fundy, Henry on the bench.

Scripophilist, I spoke to a supplier yesterday and they told me they were expecting the book in May, is this a reasonable guesstimate?

Cheers,

May... urgh..amazon are claiming to deliver end of march....
gonna get on the april course then. Wonder how long it will take recover the cost of the course.. through trading.