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How to profit from Betting Exchanges (BEX)     

Scripophilist - 27 Oct 2004 23:40


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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
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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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cunningham - 05 May 2005 22:58 - 2557 of 10502

Have you just done it again. Market keeps moving out to 100.1 - 100.4 on the lay side.

Scripophilist - 05 May 2005 23:03 - 2558 of 10502

For some reason people seem to be pushing it out constantly, I'm happy to sit here and mop it up.

cunningham - 05 May 2005 23:16 - 2559 of 10502

Out to 101.3% looks like you are going to have plenty to mop up. Certainly more entertaining than watching the coverage.

Fundamentalist - 05 May 2005 23:39 - 2560 of 10502

Evening all

Managed to pick up some free money on Taylor in the darts again tonite.

Watching the election coverage but not trading - as scrip says the us equivalent was far better to trade

Fundamentalist - 06 May 2005 00:47 - 2561 of 10502

See it is now odds on a majority of 1-60, though the odds of no overall majority have tumbled from around 40 to 7.2

Scripophilist - 06 May 2005 08:16 - 2562 of 10502

Stayed up quite a while but not enough money really to trade big volume. Eventually feel asleep in bed with my Laptop which shut down around 2:15am this morning.

B-P - 06 May 2005 09:00 - 2563 of 10502

scrip,
whats it like sleeping with a laptop ???

bakko - 06 May 2005 12:55 - 2564 of 10502

Fundy,

If you're out there, I've sent you an internal email.

Not sure whether it went through as using it for the first time?

Fundamentalist - 06 May 2005 18:04 - 2565 of 10502

Bakko

email received - been on site all day hence only just picked it up.

John

did you get my mail re tomorrow???

Fundamentalist - 06 May 2005 20:48 - 2566 of 10502

After Howards resignation, the market is on betfair for the next tory leader.

I cannot believe that 14.0 has been matched on William Hague!!!!!!!

Scripophilist - 06 May 2005 23:17 - 2567 of 10502

Man U - 1.33 to beat West Brom? Odds look a little skinny for this?

OK there is a huge gulf in class but West Brom are fighting for their lives. The will come out fighting and I guess Man U will sit there soak up the pressure before looking to come out. Surely an opportunity for a lay then maybe a chance to buy back.

On the other side of the coin I would have thought Chelsea would want to win in style against Charlton.

Fundamentalist - 07 May 2005 11:50 - 2568 of 10502

Scrip

On the evidence of the arsenal v west brom game last week, west brom will come out very quick and chase everything. They defended quite well but lacked quality up front. Wouldnt shock me to see Man U struggle and i certainly wouldnt be a backer at 1.33. In the arsenal game, arsenal were approx 1.7 before kick off - i know they were away - but i cant believe man utd are half the price just for being at home

With regards to Chelsea, they will want to put on a show and have probably Charlton are ideal opposition at this time of the season - nothing to play for and in freefall - the only concern will be have they got over the disappointment of tuesday and will they score goals?


Have to admit i looked at the ACCA on the two and was tempted to lay at 1.7

Scripophilist - 07 May 2005 12:45 - 2569 of 10502

All green on Chelsea

Fundamentalist - 07 May 2005 12:57 - 2570 of 10502

Lay to back scrip?

Scripophilist - 07 May 2005 12:59 - 2571 of 10502

I took a position before the off and the odds moved quite quickly in my favour so I took it. Will use the money in play.

Scripophilist - 07 May 2005 13:24 - 2572 of 10502

The odds on Charlton will begin to drift shortly after the second half starts. If you fancy a punt laying Charlton at these odds probably represents an opportunity.

Scripophilist - 07 May 2005 14:01 - 2573 of 10502

Going well. Considering lumping some spare capital on Chelsea now.

Scripophilist - 07 May 2005 14:03 - 2574 of 10502

BTW, I ain't going to predict the Southampton match!

Scripophilist - 07 May 2005 14:20 - 2575 of 10502

Traded on the draw and finished the match. That will probably be it for today on the footy as I'll be listening to the Southampton match. Will be on the horse, good volume today.

Fundamentalist - 07 May 2005 14:20 - 2576 of 10502

I see the ref wanted to be part of the celebrations
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