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

Two new things I have seen this weekend on Betfair.

(1) Somebody messing up the charts on purpose. Somebody is backing and laying 90's to make the charts messy and unreadable. However people have cottoned on and are now laying at odds undetectable by the Betfair interface to try and scupper the culprit.

(2) A big hitter in the football matches that is laying huge amounts at short odds. Not sure of their motive or method.

Scrip

had noticed point 1 - was getting on my nerves on saturday. can you explain the quote "However people have cottoned on and are now laying at odds undetectable by the Betfair interface to try and scupper the culprit"

If you place an order at 2 at say 45. Then replace it at 3.99 and cancel the original order you have an open order for 1.99. This will not be seen by the person trying to back and lay at 90 as the Betfair interface only shows odds where the money available is 2 or higher. When he places his order he will get filled at 45's and lose half his money and not achieve his objective. Just to hack him off more place more orders at 44,43,42,41 etc..

Anybody managed to log into Betfair today? I am unable to, since the site came back up. Trying to identify whose issue it is.

I'm in and down on the FTSE intraday

I am completely locked out. Tried everything.

No answer from help desk. I would appear to not be alone!

No problem here Scrip. You must be winning too much :-))

OK here Scrip. If you haven't, try closing all browsers, clearing IE cache, rebooting, and check CAPS lock. Then try disabling popup stoppers.

Finally got through to help desk. An IT issue at their end. Seems to start at accounts starting with 'S' by the look of it!!

You guys may be interested to hear an interview with the guy that founded Betfair on BBC five lives Simon Mayo programme between 1-4pm.

You can listen live online at:

http://www.bbc.co.uk/fivelive

Refresh very slow again on betfair - very frustrating

interview on now

Refresh is fine over here Fundy but quality of racing isn't so great!

andrew black voice ----- five
live interview ( sounds very similar to scrips)

Scrip

got my refresh back ok now

been a couple of gambles landed in the last few races - managed to nick a few quid but nothing great - weather in this country has a lot to answer for!!!

"There was a slowdown on Sunday for 10 minutes, that's all."

Hmmm?

I don't think he appreciates how big this problem is, or if he does, he isn't being honest about it.

Dubai - Tennis Lay V. Williams! @ 1.07 back @ 1.52 to green up :o)

Just had a nice touch on Kavi at Wolverhampton - usually a hold up horse the trainer stated on Attheraces just before the off that it would front run. Backed at 2.96 before the off and layed off at 1.6 in running - it was certain to shorten in price when out in front - nice!!!

What a Tennis match odds wise, Williams swings from 1.05/20 - Farina from 17.5/1.05. I was happy with + 300% at the time! over 1000% on the table!!!