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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


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)

Scripophilist - 15 Mar 2005 14:00 - 1846 of 10502

First two races have been good and nearly 1.25m traded on the first at Cheltenham so far. Have you noticed the amount of money has made the market that much more steady?

Scripophilist - 15 Mar 2005 14:07 - 1847 of 10502

"now come on chilling place"

Maybe just double your trading capital on the next race then? ;-)

Fundamentalist - 15 Mar 2005 14:10 - 1848 of 10502

scrip lol

ive had a few bets on a separate account this am but will mainly be trading

Scripophilist - 15 Mar 2005 14:15 - 1849 of 10502

Lovely move on La Perrotine in the 14:15

Fundamentalist - 15 Mar 2005 14:41 - 1850 of 10502

Good to see punting works scrip lol - backed the second e/w - think it would have won if it had popped the last

Fundamentalist - 15 Mar 2005 16:59 - 1851 of 10502

Vlasta Weiner a real beauty in the 5.00 - backed at 3.5, layed at 2.64 - nice!!!

Harlosh - 15 Mar 2005 17:03 - 1852 of 10502

Did Betfair hang there???

kernow - 15 Mar 2005 17:05 - 1853 of 10502

Yes - and will attempted to lay Vlasta Weiner -:)) Sometimes you win.

Fundamentalist - 15 Mar 2005 17:06 - 1854 of 10502

Yep john - lost ab pro completely too

Scripophilist - 15 Mar 2005 17:09 - 1855 of 10502

Must admit I'd finished for the day so didn't see that.

Scripophilist - 15 Mar 2005 17:10 - 1856 of 10502

Chelsea 1.21 for the win tonight!! 1.5m traded already and around 100k available to back.

Scripophilist - 15 Mar 2005 20:01 - 1857 of 10502

All green on Chelsea even without a goal. Laid West Brom at early 20's just before the off and thanks to Chelsea strong start have decided to green up at 25's

Fundamentalist - 15 Mar 2005 20:23 - 1858 of 10502

Scrip

i decided to wait and see if west brom could hold out for 30 mins with the plan to then back chelsea at approx 1.35 - missed out by about 3 mins lol
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