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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


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.

Fundamentalist - 07 Mar 2005 16:42 - 1608 of 10502

"Someone was playing games" - yep and they played em better than me lol

Scripophilist - 07 Mar 2005 17:11 - 1609 of 10502

Well done Harlosh.

Massive drifter in the 17:10, Franco from 4's to 10's

Scripophilist - 07 Mar 2005 17:13 - 1610 of 10502

Franco, "Fell"

Harlosh - 07 Mar 2005 17:30 - 1611 of 10502

Yep, I traded that one, nice profit.

Fundamentalist - 07 Mar 2005 19:49 - 1612 of 10502

Scrip

fell is a kind description - watched the race - it took off about two strides too early and was on the way down when it ploughed through the fence and bringing down another horse at the same time.

personally had my worse day ever - but theres always tomorrow

Scripophilist - 07 Mar 2005 21:02 - 1613 of 10502

Sorry to hear you had a mare. Everybody does now and again. Here's hoping for a better day tomorrow.

Scripophilist - 07 Mar 2005 21:08 - 1614 of 10502

City and Bolton is starting to smell like a 1-1 to me.

jeffmack - 08 Mar 2005 15:40 - 1615 of 10502

Script
I used to have an auto-refresh that I believe I downloaded from betfair and alloed you to set your own refresh rate. Do you know where I can find it?

Scripophilist - 08 Mar 2005 15:46 - 1616 of 10502

Visit:-

http://www.probabilitytheory.info

And there are some scripts there.

whyallasteve - 08 Mar 2005 16:06 - 1617 of 10502

Scrip
Any chance of getting the financial info - when a loss etc..

Cheers
Steve

jeffmack - 08 Mar 2005 16:15 - 1618 of 10502

Cheers

Copper - 08 Mar 2005 16:30 - 1619 of 10502

So what's everyone's view on the footy tonight??
I reckon Barca win, Man Utd win, Lyon win

Harlosh - 08 Mar 2005 17:55 - 1620 of 10502

Maybe Copper but I wouldn't put money on it.

Copper - 08 Mar 2005 18:06 - 1621 of 10502

You gonna put any money on the games tonight??

Harlosh - 08 Mar 2005 18:11 - 1622 of 10502

I'll probably wait and see what happens. Too close to call. Too much passion. Anything could happen. But I think Chelsea will win or draw, Milan will win and the other I don't know enough about.

To bet on these before the off is a gamble. When you gamble, you lose in the long run.

Scripophilist - 08 Mar 2005 18:12 - 1623 of 10502

Have nose at the qualify markets there are some good bets to be had by messing around with a variety of different bets. I.e. lay or back qualifcation and lay or back the match. Gets a little complex but presents some opportunities.

Scripophilist - 08 Mar 2005 18:17 - 1624 of 10502

Chelsea look the best value for win but I wouldn't rule out an upset in Milan. Should be a good match.

Copper - 08 Mar 2005 18:23 - 1625 of 10502

Yeah was looking at that Scrips, i fancy Barca to win tonight and was thinking about backing them to win the whole thing, then when there odds come in tonight (after they win hopefully!) green up! But just an idea at the mo!

Fundamentalist - 08 Mar 2005 20:04 - 1626 of 10502

Copper

hope u didnt back barca pre game - 3-0 chelsea after 19 minutes!!! mourinho will be insufferable
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