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How to profit from Betting Exchanges (BEX)     

Scripophilist - 27 Oct 2004 23:40


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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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Scripophilist - 25 Feb 2005 09:58 - 1337 of 10502

I think you are using the Gruss script?

Just hit CTRL&N to fire up another browser window and the refresh on the new window will not be apparent.

You only need to use the fast refresh where you need "streaming" prices. Else you can navitage without it. Once you navigate away from the page you were refreshing the refresh is no longer active I think.

Spaceman - 25 Feb 2005 12:02 - 1338 of 10502

I have cracked it, just won on the FTSE hourly, now what shall I buy with the 8p I won ???

whyallasteve - 25 Feb 2005 12:17 - 1339 of 10502

Well done Spaceman - you can put it with my 9p I won on Middlesborough last night!!

Bones - 25 Feb 2005 13:05 - 1340 of 10502

Thanks Scrip, I'll try it out later.

Spaceman - 25 Feb 2005 13:30 - 1341 of 10502

whyallasteve, if we carry on like this in a couple of weeks time we will be able to buy a cup of tea to celebrate.....

Diego - 25 Feb 2005 13:33 - 1342 of 10502

So that's where my 9p went.

D

bakko - 25 Feb 2005 13:47 - 1343 of 10502

Afternoon everyone,

For cricket enthusiasts out there S.Africa are currently 1.01/1.02

Zimbabwe won the toss and chose to field. SA are presently 70+ for no loss. This is an excellent chance to lay SA with minimal loss. I would expect SA to win comfortably but as soon as a few SA wickets fall the odds will lengthen.

Fundamentalist - 25 Feb 2005 14:31 - 1344 of 10502

Bakko

be careful - they were only 1.05 at the start of the match so there will be very little upside if any

bakko - 25 Feb 2005 14:39 - 1345 of 10502

Thanks Fundy,

Luckily, I managed to lay off at 1.01 so only looking for a couple of ticks

chartist2004 - 25 Feb 2005 14:40 - 1346 of 10502

Scrip - Have you any stats on footie 'correct score' odds. I've been doing some back testing over last week ref 0-0 0-1 1-0 1-1 score. I note with great interest how dramaticly the odds fall as the game progresses, ie the man/u v milan game, at ok the 0-0 odds were 7.8/8.2 after 75 mins with no score the odds were down to 1.65/1.8.(some profit!) (some risk also!) I've concluded that the best 'bet' is to back the 1-1 score n green up after the 1st goal is scored, for an approx 90% profit! even if no goal is scored the odds still fall! (all imho - dyor)...
Good luck if your on the horses this pm......

Fundamentalist - 25 Feb 2005 15:08 - 1347 of 10502

Miss Academy a beautiful drifter in the 3.10 at Warwick - got 32 ticks - my best ever i think

Scripophilist - 25 Feb 2005 15:13 - 1348 of 10502

I was on that too Fundy. Was listening to various commentary and they were tipping New Rock which probably kicked off the drift.

Scripophilist - 25 Feb 2005 15:14 - 1349 of 10502

Miss Academy almost did it, but nipped at the post by.... New Rock. Well not quite at the post but a fall anyhow.

TPO - 25 Feb 2005 15:17 - 1350 of 10502

chartist,

I haven't checked, but I would have thought that if 1-1 is priced as one of the most likely outcomes and a goal is scored very quickly after kick off then the 1-1 odds would go up. Also if one team appears very dominate then the 1-1 odds could also go up. I'm not saying there isn't money to be made, I'm just saying it might not be as profitable as it first appears.

Scripophilist - 25 Feb 2005 15:32 - 1351 of 10502

"Scrip - Have you any stats on footie 'correct score' odds"

As those at the course yesterday could testify, I am Mr Sad when it comes to football stats. I can work out what would happen but the liquidty on the correct score market is not high enough for me to warrant a strategy there yet. So I haven't looked. I may have a nose later after the horses.

chartist2004 - 25 Feb 2005 15:46 - 1352 of 10502

TPO - Thanks for your input, I have the odds for the Barcelona v Chelsea game, at ko the 1-1 odds were 7.8/8, after Chelsea went 1 up the 1-1 went down to 4.2/4.3 @ 20:24, n by @ 21:16 down to 2.28/2.3 when score 1-1. worth watching!

Fundamentalist - 25 Feb 2005 15:49 - 1353 of 10502

3.50 at Wolverhampton - what a great race to trade - the 3 principals all had large moves one way or other (caught 2 of 3)

Scripophilist - 25 Feb 2005 16:03 - 1354 of 10502

"after Chelsea went 1 up the 1-1 went down to 4.2/4.3"

You would expect that because they were the away team. It was also expected to be a low scoring match.

chartist2004 - 25 Feb 2005 16:07 - 1355 of 10502

Scrip - Mr Sad! as we say 'up north' theres nowt wrong with makin brass from footie stats. If you could have a look later that would be great, off to work now will look in as 4/5am! tia...

TPO - 25 Feb 2005 16:12 - 1356 of 10502

Just looking at the 16:15 odds. Is Bob Bob Bobbin a motorbike or is it that all the other horses have got three legs ?
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