Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

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


Fundamentalist - 20 Mar 2005 16:34 - 1916 of 10502

Thank you Mr Gerrard - nice and green - looking good for your boys today scrip!

Harlosh - 20 Mar 2005 16:35 - 1917 of 10502

Just got in and missed the opportunity on Liverpool.

Fundamentalist - 20 Mar 2005 16:39 - 1918 of 10502

wish id waited another 5 mins before greening up (im getting greedy again)

Harlosh - 20 Mar 2005 16:41 - 1919 of 10502

Wish I'd backed them at 1.3

Piptrader - 20 Mar 2005 16:44 - 1920 of 10502

Thanks Fundy for drawing attention to the match - hadn't realised it was on.

Attempted to green up, but bet wasn't allowed as market was suspended in the 5 seconds I was waiting. But great news, could green up after 2nd goal instead :-)

Fundamentalist - 20 Mar 2005 16:45 - 1921 of 10502

John - thats the price i greened up at - hindsight is a wonderful concept

should be grateful for any profit with the haze of a hangover im trading through and any contribution to the cost of the weekend is gratefully received lol

Fundamentalist - 20 Mar 2005 16:46 - 1922 of 10502

Nice one Pip

Fundamentalist - 20 Mar 2005 16:52 - 1923 of 10502

Liverpool have had to use all 3 subs in the first half with Warnock, Hamann and Morientes all going off injured and now Garcia has picked up a knock - tempted to use some of my profit to lay liverpool at 1.08

Harlosh - 20 Mar 2005 16:52 - 1924 of 10502

I fancy a small bet on Schalke to equalise against Mainz in the Bundesliga.
Am I better backing the draw or Schalke to win?

Any thoughts?

Fundamentalist - 20 Mar 2005 16:55 - 1925 of 10502

current prices Mainz 2.66, Schalke 3.0, Draw 3.5

I guess if the goal comes quite quickly your better off schalke, if it takes a while your better off backing the draw - i guess the latter is the safer option

Harlosh - 20 Mar 2005 16:56 - 1926 of 10502

My thoughts also Steve, thanks.

Fundamentalist - 20 Mar 2005 17:50 - 1927 of 10502

Baros sent off and back to 2-1 - could be an interesting last 10 mins

Fundamentalist - 20 Mar 2005 18:00 - 1928 of 10502

John

did you back the draw in the Schalke game - hope you did - you were right

KeithB - 20 Mar 2005 18:00 - 1929 of 10502

Under the strategy for greening up on football, is it better to have a profit on what you believe the likely result will be plus 0 on each of the other two outcomes.

Or a smaller profit on all three possible outcomes?

Keith

Harlosh - 20 Mar 2005 18:04 - 1930 of 10502

Yes I did Steve, now geen.

Fundamentalist - 20 Mar 2005 18:04 - 1931 of 10502

Well done mate

Harlosh - 20 Mar 2005 18:06 - 1932 of 10502

Phew, just made it. Mainz scored again.

Scripophilist - 20 Mar 2005 21:12 - 1933 of 10502

"Or a smaller profit on all three possible outcomes?"

That's the method I recommend on the basis that you will get lots of wins and it will feel much better than a semi random assortment of bigger wins. In the long run both will average each other out but losing a chunk of money in the last ten minutes is always painful even if you have no money at risk. Therefore I always suggest a smaller profit on all.

Scripophilist - 20 Mar 2005 21:15 - 1934 of 10502

"looking good for your guys today scrip"

Suddenly I just can't get this music out of my head

Is Harry's second name Houdini?

Fundamentalist - 21 Mar 2005 14:26 - 1935 of 10502

Southwell 2.30 - have a look at the chart for Black Oval - wouldve been nice to have got on early
Register now or login to post to this thread.