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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


Harlosh - 05 Mar 2005 17:03 - 1588 of 10502

A useless, overpaid bunch of primadonna's.

Scripophilist - 05 Mar 2005 17:44 - 1589 of 10502

Never mind Harlosh there is still the FA CUP. Just got to get past Southampton first!!

Our heavy layer is back on the footy. 662k available to back Chelsea at 1.10-1.12

jeffmack - 05 Mar 2005 17:51 - 1590 of 10502

script
can you log from a PDA with GPRS. I have tried on my XDA2 but I get a message that the browser does not meet minimum requirements

Scripophilist - 05 Mar 2005 18:41 - 1591 of 10502

Here is the answer to your problem:-

http://www.betfair.com/lite/

Scripophilist - 05 Mar 2005 18:45 - 1592 of 10502

That's if the Betfair ever works again. I notice it is down again this evening. Completely offline.

jeffmack - 05 Mar 2005 18:56 - 1593 of 10502

Script
That works a treat, thanks

DocProc - 05 Mar 2005 20:16 - 1594 of 10502

The technological demands to run Betfair completely reliably must be enormous.....but well worth the investment.

Can they get the staff? I don't think the head honcho is up to the job. If he can spot this fact himself then there's hope.

Fundamentalist - 06 Mar 2005 16:27 - 1595 of 10502

Hi all

been away overnight - is betfair still playing up or is reliable again?

went to Doncaster races yesterday - had 5 winners out of 7 - some days it pays to be a gambler than a trader lol!!!

chartist2004 - 06 Mar 2005 17:38 - 1596 of 10502

Everton v Blackburn - Anyone back 0-0 @ 9.4 now 2 to lay...!

Scripophilist - 07 Mar 2005 10:00 - 1597 of 10502

That was curious, FSTE Intraday 9-10am. Just messing around in there and saw FTSE UP as low as 1.10 but never far from parity so laid a chunk.

Fundamentalist - 07 Mar 2005 14:05 - 1598 of 10502

Scrip

the 14.10 at hereford, there is odds on offer of 1010!!! thought 1000 was the max - how is this done

Harlosh - 07 Mar 2005 14:37 - 1599 of 10502

Some strange activity on the races today.

Scripophilist - 07 Mar 2005 14:44 - 1600 of 10502

1010 = Foreign currency fiddle I think.

Was some very weird movement on an earlier race. I've been doing OK apart from the first race.

Fundamentalist - 07 Mar 2005 14:57 - 1601 of 10502

Im having a shocker - only getting out of jail with horses getting beat - ive gone into 4 out 5 races with potential losses and thankfully only had one loser - im having a break for half hour!

Scripophilist - 07 Mar 2005 15:00 - 1602 of 10502

Site just hung there any how. So I've skipped the next race.

Scripophilist - 07 Mar 2005 15:12 - 1603 of 10502

"Im having a shocker"

It wouldn't appear to be an easy day. Six of this and half a dozen of the other.

Scripophilist - 07 Mar 2005 15:43 - 1604 of 10502

I can join the list of sorrow!

15:20 I was stopped out at 5.70, Not an issue but the market price was errr 3.70 and of course the raging favourite did not win but the horse with the loss on it did!!

Scripophilist - 07 Mar 2005 15:45 - 1605 of 10502

Four joint favourites at the 15:50!!

Fundamentalist - 07 Mar 2005 16:19 - 1606 of 10502

Come back and continued my shocker - just got out of jail with a faller in the last

Harlosh - 07 Mar 2005 16:34 - 1607 of 10502

Had a good day believe it or not. There was helluva lot of volatility in the prices so had to wait until they settled down before getting in. Someone was playing games.
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