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How to profit from Betting Exchanges (BEX)     

Scripophilist - 27 Oct 2004 23:40


ladder.gifBA_Logo.gif


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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.

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Scripophilist - 17 Mar 2005 20:19 - 1871 of 10502

Just had some dinner and watched the first 30 mins. Not sure to be honest. Borough need to score SP don't.

Harlosh - 17 Mar 2005 20:20 - 1872 of 10502

Just looking at it now Steve.

Fundamentalist - 17 Mar 2005 20:50 - 1873 of 10502

Backed under 2.5 goals prior to the match so quite happy i am being bored senseless by the game - tempted to back lisbon as boro have got to take more chances and are likely to leave themselves open

Fundamentalist - 17 Mar 2005 20:53 - 1874 of 10502

Lol - what a chance boro have just wasted

Scripophilist - 17 Mar 2005 20:54 - 1875 of 10502

I've been trading over / unders a bit more of late. I managed to model it recently so have a bit more confidence in where the market is heading. Also a good hedge.

Stunning miss from Middlesborough!

Fundamentalist - 17 Mar 2005 21:10 - 1876 of 10502

The game just gets worse - lisbon cant be bothered to attack and boro cant keep the ball long enough to - under 2.5 looks the safest bet in the world

Fundamentalist - 17 Mar 2005 21:25 - 1877 of 10502

You'd have thought someone would have explained to boro that being 3-2 down from the first leg that they need to score twice to have any chance, and to do that they need to commit players forward - i dare say lisbon have had to work harder in training than tonight

Harlosh - 17 Mar 2005 21:33 - 1878 of 10502

That'll do me.

Fundamentalist - 17 Mar 2005 21:34 - 1879 of 10502

Me too - to be honest id given up hope

kajman - 17 Mar 2005 21:37 - 1880 of 10502

Phew! I was laying the draw, and getting a little worried.

cunningham - 17 Mar 2005 21:38 - 1881 of 10502

I'd given up watching - but smiling now.

Harlosh - 17 Mar 2005 21:39 - 1882 of 10502

Well done for hanging on in there Kajman.

Scripophilist - 17 Mar 2005 21:40 - 1883 of 10502

I grabbed a bit here and there and some right at the end as well.

kajman - 17 Mar 2005 21:44 - 1884 of 10502

Cheers. I wonder if Scrip has any data on two leg results: If there are a lot of goals in the first leg does that mean goals are more likely in the second?

That was my guess before tonight's match. :-o

Harlosh - 17 Mar 2005 21:48 - 1885 of 10502

I would have thought otherwise. The whole psychology of the game is different in the 2nd leg. I would have been happy to back under 2.5 goals. Just didn't consider it.

Kayak - 17 Mar 2005 22:14 - 1886 of 10502

FTSE futures and options expiry tomorrow, may your accounts swell :-)

chartist2004 - 18 Mar 2005 00:28 - 1887 of 10502

A 3 Witch day!

Scripophilist - 18 Mar 2005 08:59 - 1888 of 10502

Thanks for the reminder. Looks like I am on the financials for a bit today.

Rgds,
Mr 5k Man

whyallasteve - 18 Mar 2005 09:39 - 1889 of 10502

Scrip
whats the significance of a witch day?

Scripophilist - 18 Mar 2005 09:44 - 1890 of 10502

Options expiry, the market often goes mental as traders try and force the market to close at a price favoured to their positions. For financial bets you get wild fluctuations in values. If you are on the right side of these you can make a lot of money.
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