Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

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 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

Harlosh - 17 Feb 2005 18:10 - 1211 of 10502

Thanks for that Steve. I'll do a bit of research.

bakko - 17 Feb 2005 22:04 - 1212 of 10502

If anyone is after some adrenaline busting movements with odds take a look at darts, Taylor v Dudbridge. I haven't a clue with the scores but have piled up a big profit on Taylor if he holds on to win and no loss if he loses

bakko - 17 Feb 2005 22:15 - 1213 of 10502

Taylor has just won and I've just bagged a huge wad of cash for only 15 mins work.

If I get more moments like this then the day job can take a hike!

Harlosh - 18 Feb 2005 01:41 - 1214 of 10502

Tread carefully bakko. At one stage I was winning so often that I thought I couldn't lose. All I had to do was place a trade and I would win. Came down to earth with a bit of a bump!

Well done on the darts.

bakko - 18 Feb 2005 07:52 - 1215 of 10502

Harlosh,

Thanks for sound advice. I've come a cropper a couple of times and I constantly try to remind myself not overtrade which I find that I can easily do once I'm on a rich vein of gains.

I welcome your earlier post regarding being disciplined whether trading on the markets or betfair. The exact rules apply.

With Scrip's course just round the corner, those attending, after reading about some of our big gains will probably be desperate to join in the fun. I can definitely confirm that it's not as easy as the posts make them to be. Although, the gains are very possible, I and other regular contributors on this thread do lose quite often. It's all too easy to publicise the gains rather than the loses.

Diego - 18 Feb 2005 08:13 - 1216 of 10502

Harlosh/Bakko, thank you for that piece of advice.

D
Register now or login to post to this thread.