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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.

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Harlosh - 05 Apr 2005 20:18 - 2114 of 10502

Just got in Steve, having a look now; if there's anything left.

Scripophilist - 05 Apr 2005 20:20 - 2115 of 10502

I've just got in also a bit later than I wanted. Will monitor the match, have a look at the stats. I suppose the question is whether Juve will score now.

Fundamentalist - 05 Apr 2005 20:50 - 2116 of 10502

If you look at the to qualify market - this indicates most people still expect juve to get one tonight - 1.9 about liverpool looks a big price to me - huge if they manage to keep a clean sheet

Fundamentalist - 05 Apr 2005 21:05 - 2117 of 10502

what a soft goal - could be very very costly

Scripophilist - 05 Apr 2005 21:06 - 2118 of 10502

Laid Pool at 1.15 just bought it back at 1.48

Fundamentalist - 05 Apr 2005 21:08 - 2119 of 10502

nice - very nice

Scripophilist - 05 Apr 2005 21:10 - 2120 of 10502

I was about to post that I had laid them when they scored. Is been a volte face in the second half.

First half 12 vs 6 shots in favour of Liverpool.

Now, 13 vs 15. When Juve passed 10 my interest was raised significantly!!

Fundamentalist - 05 Apr 2005 21:11 - 2121 of 10502

will juve settle for what theyve got or will they sense the chance is there for them tonight - tempted to back the draw but will watch for a few minutes

Scripophilist - 05 Apr 2005 21:13 - 2122 of 10502

My gut feel is that Juve will settle for a 1-0 deficit and an away goal.

BTW, Probability of goal after 15 shots = 79%

Fundamentalist - 05 Apr 2005 21:24 - 2123 of 10502

scrip

agree with you and they have certainly sat back since the goal

Scripophilist - 06 Apr 2005 17:35 - 2124 of 10502

Steve, Give us a call on Thursday morning if you are around and we can have a chat. I am struggling to respond to posts and emails at the moment.

Fundamentalist - 06 Apr 2005 18:15 - 2125 of 10502

Scrip

thanks for that - will do

been a tricky day on the horses today, wasnt very focussed and paid for it a couple of times

just about to look at tonights football - anyone any thoughts

Scripophilist - 06 Apr 2005 20:08 - 2126 of 10502

I did OK on the horses but just happy to end the day up to be honest. Bit late to comment on the footy now but Chelsea are priced to win.

Fundamentalist - 06 Apr 2005 20:37 - 2127 of 10502

Had a physio session which ran over till nearly half time - was planning on backing the two home teams - expensive physio lol

3.5 about no more goals in the chelsea game looks good value to me - has the game been tight?

Fundamentalist - 06 Apr 2005 20:41 - 2128 of 10502

just seen the goal - how lucky are chelsea - a deflection and drogba offside

Fundamentalist - 06 Apr 2005 21:03 - 2129 of 10502

glad i didnt back no more goals lol

Fundamentalist - 06 Apr 2005 22:02 - 2130 of 10502


Fundamentalist - 06 Apr'05 - 20:37 - 2126 of 2128 edit

3.5 about no more goals in the chelsea game looks good value to me - has the game been tight?


Just goes to show how much i know - just the 5 more goals lol

kernow - 07 Apr 2005 16:34 - 2131 of 10502

phew - fota island rescues a poor afternoon :-)

Fundamentalist - 07 Apr 2005 17:59 - 2132 of 10502

afternoon all

had a cracking afternoon on the horses after a ropey start

trading wise made nearly 60% of my max bet size, gambling at aintree had 3 winners out of 4 bets

:-)

Scripophilist - 07 Apr 2005 21:22 - 2133 of 10502

I find I need to modify my style with these big races. The market moves much slower than I am used to!!

Sporting look value for a goal at the moment IMO.
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