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How to profit from Betting Exchanges (BEX)     

Scripophilist - 27 Oct 2004 23:40


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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


Scripophilist - 03 Nov 2004 19:48 - 132 of 10502

Green on all the CL matches tonight except Dinamo vs Real where I expect to take a loss unless Real lose.

Will be trading the Man U match.

Scripophilist - 03 Nov 2004 20:05 - 133 of 10502

A perfect start so I am finished for the evening. Dinamo are 1-0 up as well so maybe lady luck is smiling on me at the moment.

Yantraman - 04 Nov 2004 08:00 - 134 of 10502

Scrip

Any chance I could jump on the bandwagon and have a cd too?

Scripophilist - 04 Nov 2004 08:23 - 135 of 10502

Please drop me an email with your name and address, scripophilist@yahoo.com

Scripophilist - 04 Nov 2004 08:24 - 136 of 10502

No activity today as I am in the city from dawn till late. Back to business tomorrow.

Scripophilist - 06 Nov 2004 15:24 - 137 of 10502

Been a good week. Green on all the premiership this afternoon. Only liability is Norwich vs Blackburn which I am looking for Norwich not to be winning by half time. A fortunate position on Spurs and early goal for Charlton means an unexpected result has come in there.

Did less talking and more doing yesterday and today so feel a bit happier. BB's can be very distracting at times!!

I will show you some of the postions I have taken this week during the course. You should be able to understand by the end of it how and why I have done it.

Scripophilist - 06 Nov 2004 15:28 - 138 of 10502

Ruth, In answer to your question much early. I turned 2.3k twice. If you drop me an email I will send you the P&L for that event. I had to trawl through around 14 pages to find it!!!

Mr Euro - 06 Nov 2004 15:47 - 139 of 10502

Dil, yes still got everthing!

Scripophilist - 06 Nov 2004 15:51 - 140 of 10502

Incidentally a good opportunity for the quick thinkers this weekend. When Santini walked out on Spurs this week you would have guessed the odds on Spurs would drift. So I took a position on Spurs as soon as the news broke, Covered the position before kick off.

Dil - 07 Nov 2004 22:16 - 141 of 10502

I'll ring you Tuesday if your about Mr E.

Scripophilist - 08 Nov 2004 14:52 - 142 of 10502

Less talking and more doing for me this week but if anybody has any questions then please post. Else I look forward to seeing you on the 26th.

Ruth - 08 Nov 2004 16:38 - 143 of 10502

Scrip, cheers,
CD arrived on Sat, cheers:-)

mostrader - 09 Nov 2004 09:25 - 144 of 10502

scrip ive a betf account use for the odd footy bet got a few mates who actually work 4 bfair,but must admit iam a bit of a novice read all previous posts and ur own prob page intresting stuff.
will you be doing a precise of the manchester event ..availbe online ?

Mr Euro - 09 Nov 2004 10:55 - 145 of 10502

Dil, yes I'm about mate. I will dig out all the SSheets this week.

The problem, like any financial speculation, is that it's just that. You can't profit unless it moves in your direction! What exchanges do is offer you the possibility to close out your position early (at a cost!) rather than having to wait to the end of the event.

Scripophilist - 09 Nov 2004 16:49 - 146 of 10502

mos, not planning any thing at the moment.

Steph - 10 Nov 2004 07:06 - 147 of 10502

Hi Scrip, real sorry but looks like I won't be able to attend after all, maybe the next one. Thanks anyway.

bakko - 12 Nov 2004 22:41 - 148 of 10502

Scrip,

Received your cd today.

Many thanks and looking forward to your presentation in 2 weeks

Scripophilist - 12 Nov 2004 23:36 - 149 of 10502

Steph, Sorry to see you can't come.

Bakko, Thanks for the confirmation. Look forward to seeing you there.

I am busy tonight preparing material and look forward to sharing my experiances. It's gonna be a late night!

Dil - 13 Nov 2004 01:09 - 150 of 10502

Do you do spelling courses ?

Cheers :-)

Harlosh - 13 Nov 2004 01:09 - 151 of 10502

Is that the course Scrip? So 5pm finish is only a rough guide?
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