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 - 23 Mar 2005 15:01 - 1968 of 10502

scrip

ill second that - having a cracking day so far - waiting for it to bite back

kernow - 23 Mar 2005 15:02 - 1969 of 10502

Ticking along myself. A question - on the graphs how can money to back be bet but not taken at odds far below the current price e.g. some 2k at 1.01 and vice versa. I can see why you'd want to do this, just can't see how it is done? A bit like limit orders/stops.

Scripophilist - 23 Mar 2005 15:06 - 1970 of 10502

Lots of people lay 1.01 at X on every market open hoping that somebody makes a mistake. You wouldn't think it would be taken but I have seen it happen many times.

Scripophilist - 23 Mar 2005 15:12 - 1971 of 10502

Funny how the market does this; some days its a struggle and other days a breeze. Judging by the comments it appears to be a fair wind today.

Seven out of seven so far and not one mistake.

Fundamentalist - 23 Mar 2005 15:15 - 1972 of 10502

scrip

im proud to say 7 out of 7 too - though one of those was achieved in running having missed the off!!!

kernow - 23 Mar 2005 15:15 - 1973 of 10502

Script - obviously I'm not expressing my point properly. If I enter a bet @ 1.01 to back then it will be taken at current odds yet the Traded/available table shows the bet sitting there untraded?

Scripophilist - 23 Mar 2005 15:19 - 1974 of 10502

kernow, You see 1.01 to back available because somebody has laid it at 1.01, Give it a try. Find a market where there is no money at 1.04 or something. Lay 1.04 with 2 and refresh the table. You will see your money there as an available back at 2.

kernow - 23 Mar 2005 15:21 - 1975 of 10502

Script - comprendo - thanks

Fundamentalist - 23 Mar 2005 15:42 - 1976 of 10502

finally got one wrong - but the horse with the liability got nicely boxed in and stopped just as it went to make a run

Scripophilist - 23 Mar 2005 16:02 - 1977 of 10502

Just gone green on the 16:00, so a clean sweep at the moment 12/12. Pressure is building for an error though, my fingers are getting jumpy.

Scripophilist - 23 Mar 2005 16:13 - 1978 of 10502

Just had a joke read out from me on William Hill radio, LOL!!

Fundamentalist - 23 Mar 2005 16:15 - 1979 of 10502

scrip - im 11/12 though no loss on the other

anfield dream just been a lovely drifter 4.6 to 6.2 - nice

come on then - whats the joke

Scripophilist - 23 Mar 2005 16:16 - 1980 of 10502

Caught anfield dream but also the wrong way on Revien. So my run could be about to come to an end.

Scripophilist - 23 Mar 2005 16:17 - 1981 of 10502

Nope my luck holds.

Scripophilist - 23 Mar 2005 16:18 - 1982 of 10502

OK the joke...

Knock, knock....

Who's there?

Done up....

Done up who?







Well you'd better go clean yourself up then..!

Fundamentalist - 23 Mar 2005 16:25 - 1983 of 10502

oh dear oh dear oh dear lol

Copper - 23 Mar 2005 16:35 - 1984 of 10502

My that was a bad one!!

Kayak - 23 Mar 2005 16:37 - 1985 of 10502

Bet you heard it from one of the kids, Scrip :-)

Scripophilist - 23 Mar 2005 16:37 - 1986 of 10502

Error on Hanbrin rose, So my run about to end?

Scripophilist - 23 Mar 2005 16:37 - 1987 of 10502

"Bet you heard it from one of the kids, Scrip :-)"

Always the best source!
Register now or login to post to this thread.