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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.

Click here to learn more


DocProc - 30 Nov 2004 18:56 - 213 of 10502

So how are you budding experts, who attended Scrip's recent course, doing?

:-)

Also, just out of interest, is anyone else betting 'just for fun' on 'I'm a Celebrity GMOOH'?

As yet, I've limited my view of things to just the following three players, who are the three favourites - and I've greened up on them. Actually, Joe Pasquale is a clear favourite with the others good second favourites. As I type:

Jo Pasquale: B 1.38/ L 1.4

Janet Street Porter: B 11.0/ L 12.0
Paul Burrell: B 9.2/L 10.0

then come

Fran Cosgrave: 38/46
Sophie Anderton: 32/40

Now I haven't bothered including these last two in my betting, although I did personally consider Sophie a more likely winner than Fran and I am ignoring the other outsiders completely.

Fundamentalist - 30 Nov 2004 20:31 - 214 of 10502

Doc

Have now done 3 days using scrips theories. Started with a pot of 100 which i have managed to turn into 191 !!!!! Made a couple of quite big mistakes which i got away with but in the main it is starting to work for me. If im still happy with my trading in a few weeks i am going to increase my pot to 1000. I am still doing it manually until i get some of the software scrip demonstrated which should make life even easier.

Good to see you greened up on iacgmooh

Scripophilist - 30 Nov 2004 22:00 - 215 of 10502

From my inbox and phone it looks like we are off to a good start so well done to those that have been out there and active. I had a record day on Monday so its even done me some good. Was on the Chelsea, Fulham match tonight and will send an email around tomorrow to explain tactics.

jeffmack - 30 Nov 2004 22:04 - 216 of 10502

Script
Are you running a course in London

DocProc - 30 Nov 2004 22:16 - 217 of 10502

....or even a bit further North of London, like, eg, Northampton?

:-)

Fundamentalist - 30 Nov 2004 23:16 - 218 of 10502

Scrip - managed to scalp a few points on the chelsea game and even managed to scalp on the live greyhounds - scalping was very easy on this with volatile prices and enough weight of money (for my stakes anyway) as it was on tv

Scripophilist - 30 Nov 2004 23:27 - 219 of 10502

Was there much volume on the dogs, haven't looked at them for some time.

Harlosh - 01 Dec 2004 05:02 - 220 of 10502

What a day's sport ahead today.
Racing from 12nn to 18.20 and a host of football matches.

Must give the wife a fiver ( ok a tenner) and tell her to go and get the xmas shopping.

Leaves me in peace to practice.

DocProc - 01 Dec 2004 08:32 - 221 of 10502

Scrip,

Are you planning another course? I hope you are. :-) Also, IMHO, somewhere like Northampton would be an excellent location. Good access for both London, Central, E and W Midlands and with loads of hotels in the area all with good facilities.

Fundamentalist - 01 Dec 2004 09:14 - 222 of 10502

Scrip

i think the volume was a lot higher than it would normally be because it was the oaks from wimbledon and televised. Most races had several hundred thousand matched and there were a few short priced favourites as there normally is on tv meets

Bullshare - 01 Dec 2004 09:24 - 223 of 10502

Docproc; London is the next planned venue. Shall I send a Northants to london train timetable;-)

Mike

Bobcolby - 01 Dec 2004 09:26 - 224 of 10502

Bullie

Any idea of dates.??

Bullshare - 01 Dec 2004 09:49 - 225 of 10502

I am emailing Peter on this. Possibly 23rd Feb, but waiting for confirmation

Fundamentalist - 01 Dec 2004 11:31 - 226 of 10502

Scrip - dont do it - dont spread the gospel any wider!!!!!

Bullshare - 01 Dec 2004 11:57 - 227 of 10502

23rd Feb it is, in London. Details will be going up on the GLOMTC website over the next few days

jeffmack - 01 Dec 2004 12:43 - 228 of 10502

I'm up for the London course

Harlosh - 01 Dec 2004 16:26 - 229 of 10502

Well, what a day. Fast and furious stuff this. A race every 10 mins.

Results: 17 races
7 winners
6 draws
4 losers

First loser was my first ever attempt and I suffered the biggest loss. I got better after that.

On the day, fractionally under 10% profit. So a result.

Fundamentalist - 01 Dec 2004 17:50 - 230 of 10502

John

well done mate - good luck with tonites footie

Harlosh - 01 Dec 2004 18:30 - 231 of 10502

Thanks Steve,

Prob ring you tomorrow.
Couldn't resist the races at Wolverhampton. I know I shouldn't but they're good practice. Bagged another winner so improved my % gain.

Scripophilist - 01 Dec 2004 19:59 - 232 of 10502

Sorry Fundy couldn't stop laughing when Arsenal went 1-0 down in 30 secs. That's the quickest greening up ever I think. I'm not on the match itself just covering my Carling Cup winner position but couldn't believe my luck that I could cover after less than a minute!! Win, win now.
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