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How to profit from Betting Exchanges (BEX)     

Scripophilist - 27 Oct 2004 23:40


ladder.gifBA_Logo.gif

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


bakko - 10 Feb 2005 18:10 - 1075 of 10502

Thanks Scrip,

In the meantime if anyone wants to make some guaranteed finance wins then just go in the opposite direction! LOL!!

Mr Euro - 10 Feb 2005 18:38 - 1076 of 10502

Peter, if you want to get into predicting 1 day cricket games have a look at the Duckworth-Lewis algorythm - it is as accurate as I have seen.

Hope all is well.

Blondie - 10 Feb 2005 18:38 - 1077 of 10502

Anyone know how i can get free credit if i sign up to betfair??

Any links??

Harlosh - 10 Feb 2005 18:45 - 1078 of 10502

Thanks for the advice Scrip, very helpful.

'I was speaking to a psychologist on Monday and he said that when you make decision that goes against you there are physiological changes that raise the prospect that you will repeat the error again shortly afterwards.'

I think this hits it bang on the nail.

Kayak - 10 Feb 2005 18:49 - 1079 of 10502

Blondie, click here and key in 3L3QNUVKN as the promotion code. You'll get 20 after you have placed bets totalling 100 :-)

Harlosh - 10 Feb 2005 18:51 - 1080 of 10502

9VLQNEFHH but as someone has already used my number I am willing to concede to others.

Harlosh - 10 Feb 2005 18:51 - 1081 of 10502

Oops. sorry Kayak.

Bones - 10 Feb 2005 19:53 - 1082 of 10502

I see the FTSE finished at 5000.0. Is that up or down? :)

Fundamentalist - 10 Feb 2005 20:01 - 1083 of 10502

Evening all

Blondie - welcome and good luck

Definitive lack of action tonight - still im green on the o'sullivan snooker match (i know 2 flies up a wall and all that!!!)

Scripophilist - 10 Feb 2005 20:19 - 1084 of 10502

Thanks, Mr Euro, I will have a look. I am a man on a mission at the moment when it comes to modelling.

Fundamentalist - 10 Feb 2005 20:27 - 1085 of 10502

Scrip

if you havent looked at duckworth lewis before - be prepared to be amazed at how much detail goes into deciding what a total should be in a rain affected cricket match

Scripophilist - 10 Feb 2005 20:33 - 1086 of 10502

Found some good academic material on it. Will have a read up on it. It will have to go behind Tennis for the moment.

Fundamentalist - 10 Feb 2005 20:34 - 1087 of 10502

Scrip

if you want a few free quid, people keep trying to back hunter at 1000 - he is 3-2 down in a best of 6 game

Fundamentalist - 10 Feb 2005 20:36 - 1088 of 10502

some at 970 too now

ive had as much as i can with the funds in my account

Fundamentalist - 10 Feb 2005 21:57 - 1089 of 10502

Green on the marco fu game and greened up on michelson in the golf - this has comfortably been my best day so far

bakko - 10 Feb 2005 22:09 - 1090 of 10502

Green on Fu/White too.
Haven't a clue what the scores are or what its playing to as couldn't find a link but who cares as green.

Fundamentalist - 10 Feb 2005 22:11 - 1091 of 10502

Bakko

its been on sky sports 2 Fu is 3-0 best of 6

Fundamentalist - 10 Feb 2005 22:13 - 1092 of 10502

sorry -its skp sports 1 - its now 3-1 but looks like going 4-1

bakko - 10 Feb 2005 22:14 - 1093 of 10502

Fundy,

Thanks, I'm afraid I haven't got it here.

bakko - 10 Feb 2005 22:20 - 1094 of 10502

Thanks for update, I've just backed at 1.21 and layed off at 1.07

Fundy, Will definitely buy you a drink when I catch up with you!
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