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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


Scripophilist - 12 Mar 2005 18:23 - 1826 of 10502

Thats the way to do it!

jeffmack - 12 Mar 2005 18:23 - 1827 of 10502

If You want to take part in the Cheltenham Tipster competition, please register by midnight on Monday.
The rules will be simple,
Players to register their interest HERE
The deadline for selecting a horse will be 2 hours before the start of each race.
Players have 500 to wager on each race.
Only one selection per race, 500 win or 250 Each Way.
Each Way is settled on first 3 home at 1/4 the odds.
The nominated competition races will be
Tuesday 15th March - 3:15 Champion Hurdle
Wednesday 16th March - 3:15 Queen Mother Champion Chase
Thursday 17th March - 3:15 World Stayers Hurdle
Friday 18th March - 3:15 Gold Cup


Registered players
Spaceman
jeffmack
chocolat
Socrates
daves dazzlers
fundamentalist
jj50
stockbunny
Priscilla
little willie
optomistic
Dil
Lambykins
Steph


 



Scripophilist - 12 Mar 2005 18:27 - 1828 of 10502

An interesting scenario here is if Man U get a good draw for the semi final. Southampton have to play Man U on the last day of the season so will they rest their players on the last day of the season against a team that could need to win to stay up?

TPO - 12 Mar 2005 21:31 - 1829 of 10502

Scrip, Lazio v Inter was 1-1 at 9:11pm (76 mins into the game I reckon) and was priced as 1.71 for the draw. That seemed a bit high to me, what do you think? Anyway, I took the trade and got anyway with it as I took 34% out in eight mins.

Harlosh - 13 Mar 2005 14:00 - 1830 of 10502

That's also the way to do it!

countrylife - 13 Mar 2005 15:48 - 1831 of 10502

countrylife - 13 Mar 2005 17:01 - 1832 of 10502

Fundamentalist - 13 Mar 2005 17:12 - 1833 of 10502

countrylife - if youve got something to say spit it out lol


anyone on the football this pm - made a nice few quid on blackburn (backed them midway through the 2nd half) - was out for the start of the newcastle game - may back the draw if it stays 0-0 for the next 10 mins or so - cant see it finishing 1-0


scrip - a quick question - what impact if any will the draw have on the outright winner market - i currently have a large profit on arsenal and am toying with greening up - will the odds change much if they draw Man Utd compared to drawing Blackburn - or is it too late in the comp for the draw to matter - theyve got to beat man utd to win it whether it be semi or final

Fundamentalist - 13 Mar 2005 17:56 - 1834 of 10502

"cant see it finshing 1-0" - shows how much i know lol

Scripophilist - 13 Mar 2005 20:19 - 1835 of 10502

Fundy, I have some open positions as well. The draw will affect the odds. The question you have to ask yourself is if Man U and Arsenal were drawn together what would be the likely match odds?

If you assume the current odds are correct then 2.42 & 2.92 leaves the draw at 4.00 which is probably a little over priced. Therefore I would expect the prices change a little but not much. I have some exposure ahead of the draw and I will probably let it run into the draw tomorrow.

Fundamentalist - 13 Mar 2005 21:39 - 1836 of 10502

Scrip


thanks for that

i have eliminated my exposure but left all the profit on one line - will re-evaluate after the draw - Blackburn would be nice!!!

Scripophilist - 14 Mar 2005 14:16 - 1837 of 10502

Curious winner on the first race. Huge drifter WH radio had several listeners tip it. Drifted to 17's and romped home!!

Harlosh - 14 Mar 2005 14:25 - 1838 of 10502

Must say finding myself rather nervous of trading the races at the moment. Seems to be a lot of horses drifting then, having sucked punters in, the odds collapse. Costly if you get caught.

jeffmack - 14 Mar 2005 14:32 - 1839 of 10502

Ok Guys and Girls. Here are the runners for the first race in the Cheltenham Tipster Competition. New players have until midnight tonight to register. Details can be found HERE Tuesday 3:15 Cheltenham 1 5-11215 Accordion Etoile (IRE) 6 11 10 Paul Nolan J Cullen 2 01-0633 Al Eile (IRE) 5 11 10 John Queally T J Murphy 3 3-0450P Astonville (FR) 11 11 10 M Scudamore T Scudamore 4 2215-21 Back In Front (IRE) 8 11 10 E O'Grady R Walsh 5 1-12222 Brave Inca (IRE) 7 11 10 Colin A Murphy B M Cash 6 11-311 Essex (IRE) 5 11 10 M O'Brien A P McCoy 7 5-43111 Harchibald (FR) 6 11 10 N Meade P Carberry 8 1-12331 Hardy Eustace (IRE) 8 11 10 D Hughes C O'Dwyer 9 12345-4 Intersky Falcon 8 11 10 Jonjo O'Neill A Dobbin 10 1-11311 Macs Joy (IRE) 6 11 10 Mrs J Harrington B J Geraghty 11 P-0456P Present Bleu (FR) 10 11 10 M Scudamore B J Crowley 12 2-24422 Rooster Booster 11 11 10 P Hobbs R Johnson 13 1-23443 Royal Shakespeare (FR) 6 11 10 S Gollings J Culloty 14 012-421 Self Defense 8 11 10 P Chamings R Thornton 15 2-4120P Turnium (FR) 10 11 10 M Scudamore James Davies

Tuesday - 3:15 Cheltenham

Name Selection Bet Total
Spaceman No Selection 500 win 2,000
jeffmack Back In Front 500 WIN 1,500
chocolat No Selection 500 win 2,000
Socrates No Selection 500 win 2,000
daves dazzlers Essex 250 E/W 1,500
fundamentalist Accordian Etoile 250 E/W 1,500
jj50 No Selection 500 win 2,000
stockbunny Rooster Booster 250 E/W 1,500
Priscilla Accordian Etoile 250 E/W 1,500
little willie No Selection 500 win 2,000
optomistic No Selection 500 win 2,000
Dil Harchibald 500 WIN 1,500
Lambykins No Selection 500 win 2,000
Steph No Selection 500 win 2,000
Photomad No Selection 500 win 2,000
compoundup Self Defense 250 E/W 1,500
STORMCALLER Macs Joy 250 E/W 1,500
Golddog Brave Inca 250 E/W 1,500

Scripophilist - 14 Mar 2005 15:26 - 1840 of 10502

15:00 at Plumpton. Favorite was never in the lead but backed at 1.01, what on earth were people thinking about. I know he got close towards the end but was never in the lead.

Diego - 14 Mar 2005 16:33 - 1841 of 10502

Trying out the races. Backed Kyalami (Stratford 4.30) @ 3.9 and layed @ 3.8 to greenup.

D

Scripophilist - 15 Mar 2005 08:55 - 1842 of 10502

Kayak, A legend in my own time? ;)

lol!

Scripophilist - 15 Mar 2005 09:04 - 1843 of 10502

Be aware of massive trading opportunities now that Cheltenham is upon us. Was a very profitably period last year.

Kayak - 15 Mar 2005 10:46 - 1844 of 10502

lol Scrip, just trying to help :-)

Fundamentalist - 15 Mar 2005 13:58 - 1845 of 10502

Nice of justified to have a big drift - nice trading start - now come on chilling place (both hats on today)
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