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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


chartist2004 - 16 Feb 2005 19:04 - 1191 of 10502

On the Panathinaikos v savilla game if no score by 17:30 watch the draw odds fall like a stone from 2.0 - 1.05. imho ...

chartist2004 - 16 Feb 2005 19:04 - 1192 of 10502

Correction 19:30 hrs!

Fundamentalist - 16 Feb 2005 19:33 - 1193 of 10502

Ive backed O'Sullivan to win the masters tournament at 2.78 - my first shot at using the tournament collapse theory

Fundamentalist - 16 Feb 2005 19:44 - 1194 of 10502

chartist - hope you didnt get caught out by the panathanaikos goal

chartist2004 - 16 Feb 2005 19:58 - 1195 of 10502

Fund - thanks, nar backed the draw @ 2.54 layed @ 1.85 for a few bob.

Harlosh - 16 Feb 2005 20:09 - 1196 of 10502

Had a small wager on Kilmarnock at odds of 44. 0-2 down but they pulled a similar deficit back in the first tie. You never know!!!

chartist2004 - 16 Feb 2005 20:24 - 1197 of 10502

Harlosh - I've layed Kilmarnock @ 1.1, also layed the Any Unquoted @ 3.5, as you say you never know!

bakko - 16 Feb 2005 20:41 - 1198 of 10502

Unlike you guys I backed a heavy amount on Hearts @ 1.1 and layed off at 1.08. A hair raising 20 mins or so but a profit if they hang on to win.

Scripophilist - 16 Feb 2005 20:56 - 1199 of 10502

Something funny going on on the Parma vs Stuttgart match. Somebody desperate to get a back matched on the draw around 14k's worth. I keep annoying him by moving the price out. Just want to see what he is up to. Could be a bot. It keeps following the price on the lay side. Nip on over if you want to have some fun.

Scripophilist - 16 Feb 2005 21:00 - 1200 of 10502

1.75 910
1.76 2,027
1.77 1,906
1.78 29
1.79 138
1.80 1,497
1.81 254
1.82 12,389
1.83 3,594
1.84 1,142

Scripophilist - 16 Feb 2005 21:15 - 1201 of 10502

About to green up on Parma vs Stuttgart if draw reaches 1.20

Scripophilist - 16 Feb 2005 21:15 - 1202 of 10502

Done, Thats me for the night. Hope you had a good one.

Fundamentalist - 16 Feb 2005 21:19 - 1203 of 10502

Just nicked some off the snooker - backed williams at 1.28 and 1.19 and 3 mins later he had won - didnt even have time to green up lol

Scripophilist - 17 Feb 2005 14:42 - 1204 of 10502

Making a complete idiot of myself on the horses this afternoon. But fortunately so are the favourites! Six races no profit, but no loses either.

Scripophilist - 17 Feb 2005 16:25 - 1205 of 10502

Sheesh, A funny afternoon. Have ridden my luck a bit but kept disciplined so now I have had a good run will call it quits and start looking at the football this evening.

Fundamentalist - 17 Feb 2005 16:45 - 1206 of 10502

Big steamer Bizet in the 4.20 at Clonmel - nice!!!


edit - wins easily

Fundamentalist - 17 Feb 2005 16:53 - 1207 of 10502

Just watching AtTheRaces on sky - they have american racing on in the evening - they have just advertised tonights offering - they are showing 58 races!!!!!!!
good job they have no liquidity on betfair

Harlosh - 17 Feb 2005 17:57 - 1208 of 10502

I was having a great day on the races today until I made a cock up towards the end which cost me. At least I seem to be getting some consistency back.

Harlosh - 17 Feb 2005 17:59 - 1209 of 10502

Anybody know anything about Grazer AK, Middlesborough's opponents? Don't even know which country they are from.

Fundamentalist - 17 Feb 2005 18:09 - 1210 of 10502

John

Austrian (champions i think)- not played a competitive game since mid December

they lost to both rangers and liverpool earlier this yr

game is live on channel 5 followed by the newcastle game
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