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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 - 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

Scripophilist - 08 Mar 2005 20:08 - 1627 of 10502

A fantastic start by Chelsea, I thought they would win but 3-0 up already is incredible!!

jeffmack - 08 Mar 2005 20:08 - 1628 of 10502

I thought Chelsea looked good for a win, 3-0 is some start

Fundamentalist - 08 Mar 2005 20:09 - 1629 of 10502

ill be honest, i thought chelsea would struggle to score enough goals tonite - shows how much i know - lets just hope my thought that arsenal cant keep a clean sheet is as accurate

Scripophilist - 08 Mar 2005 20:10 - 1630 of 10502

Chelsea 1.04 to lay, Barca have nothing to lose so they will probably throw everything at Chelsea I feel. If you are going to go out go out fighting. Lay Chelsea.

Fundamentalist - 08 Mar 2005 20:11 - 1631 of 10502

hope you layed it scrip - 3-1

Scripophilist - 08 Mar 2005 20:12 - 1632 of 10502

YES!!!!!!!!

Fundamentalist - 08 Mar 2005 20:14 - 1633 of 10502

Nice one scrip - very green now i would guess - 1.04 to 1.13 - more than doubled your stake!!

Scripophilist - 08 Mar 2005 20:15 - 1634 of 10502

That's by far the biggest and one of the quickest wedges I have ever made on Betfair.

Scripophilist - 08 Mar 2005 20:18 - 1635 of 10502

Almost a carbon copy of the Portsmouth Vs Fulham example in the course. Apart from only one goal (at the moment) for Barca.

Piptrader - 08 Mar 2005 20:19 - 1636 of 10502

That's your quarter of a million traded at 1.03 is it Scrip? :-))

Fundamentalist - 08 Mar 2005 20:20 - 1637 of 10502

Scrip

fair play - brave to lay at that stage of the game!!!

man u look like they are under the cosh, milan appear in control at the moment

Scripophilist - 08 Mar 2005 20:23 - 1638 of 10502

I'm not sure which match to be on now. I think there may be more value in the Chelsea match. Barca have lots of posession. I may play with some of the free money during the match.

Scripophilist - 08 Mar 2005 20:23 - 1639 of 10502

F**K ME! What a match!!
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