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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


Scripophilist - 12 Apr 2005 21:24 - 2251 of 10502

Brilliant Chelsea goal. That's finished it! Well done Chelsea.

whyallasteve - 13 Apr 2005 10:23 - 2252 of 10502

Scrip

Can you recommend an accurate chart package/software that will give 'real time' quotes in line with Betfairs Intraday FTSE.

Scripophilist - 13 Apr 2005 10:36 - 2253 of 10502

I use my track because I can suck the data into a spreadsheet but I would have thought you could use Money AM as they have intra day streaming charts.

Kayak - 13 Apr 2005 11:02 - 2254 of 10502

whyallsteve, the MoneyAM streaming chart gets the FTSE tick only 1 sec or so behind and you can draw lines to show bet up/down. You do need to pay for it though.

whyallasteve - 13 Apr 2005 13:44 - 2255 of 10502

Kayak
Very happy to pay as long as it is accurate - overall should take some of the hesitation out of betting. Thanks Scrip - took a nice profit on Prins Willem :)

Fundamentalist - 13 Apr 2005 13:53 - 2256 of 10502

Have to confess to having a very large bet on Prins Willem in running once Tomina fell - happy happy days

Fundamentalist - 13 Apr 2005 14:20 - 2257 of 10502

What a beauty of a drifter Valixir has been

Kayak - 13 Apr 2005 14:34 - 2258 of 10502

whyallsteve, don't forget to look at the future, or pseudo-futures like spreadbetter indices, so that you know where the FTSE is going in advance of everyone on Betfair :-)

whyallasteve - 13 Apr 2005 15:11 - 2259 of 10502

Thanks Kayak - never thought of that

Scripophilist - 13 Apr 2005 17:53 - 2260 of 10502

Kayak, The troll has been defeated. At least temporarily.

Kayak - 13 Apr 2005 18:13 - 2261 of 10502

? Still posting at 17.58

Scripophilist - 13 Apr 2005 22:42 - 2262 of 10502

20%+ available on Chelsea for the champions league tonight even thought they didn't play. I'm all green on the winner now. Are they playing on different nights for the semis?

Fundamentalist - 13 Apr 2005 23:23 - 2263 of 10502

Normally tuesday and wednesday 1 each scrip

Scripophilist - 14 Apr 2005 08:17 - 2264 of 10502

Amazed that Liverpool are in the semi finals!

cunningham - 14 Apr 2005 16:00 - 2265 of 10502

Scrip,

Can't find the exact post but I seam to recall you described some software you were testing as "will blow your balls off".

Is this still the case? and is there any chance of an update?

Fundamentalist - 14 Apr 2005 16:06 - 2266 of 10502

cunningham

he's still planning to blow your balls off with it lol :-)

B-P - 14 Apr 2005 16:54 - 2267 of 10502

fundy
rumour has it (some female sourse) ------ you have big b,s so you better watch out

Fundamentalist - 14 Apr 2005 17:00 - 2268 of 10502

B-P

roflmao

Fundamentalist - 14 Apr 2005 21:51 - 2269 of 10502

Anyone lay Newcastle to qualify at 1.01 must be pretty happy now - scrip ?

by the way, what a hash they have made of it

Scripophilist - 14 Apr 2005 22:03 - 2270 of 10502

They have, they totally f**ked that up didn't they!
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