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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
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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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Fundamentalist - 14 May 2005 22:49 - 2765 of 10502

Scrip

the barca game turned into a farce - thankfully i worked out what was happening early enough and managed to lay barca from 4s and kept laying - if barca had tried to score in the last couple of minutes id have been in a lot of trouble lol

Scripophilist - 14 May 2005 22:56 - 2766 of 10502

The odds for tomorrows mathches are still moving around quite a bit. There are a lot of price errors out there as nobody can seem to price the market up properly. I suggesting drifting around the bookies to arb the differences. I nipped onto Bet direct and could indentify a couple of arbs in a few minutes.

Will be an interesting day.

Fundamentalist - 15 May 2005 11:16 - 2767 of 10502

Just taking another look at how the odds for the bottom four are compared to when i layed earlier in the week:

Saints, laid at 2.38 currently 2.7
Palace, laid at 2.34 currently 2.54
Norwich, laid at 2.34 currently 2.58
W Brom, laid at 1.69 currently 1.64

So all of the away sides have drifted approx 20 points, W Brom have shortened approx 5 points so overall currently nicely in profit.

Decision time - do i close out now, just before kick off or allow to go into running??

Fundamentalist - 15 May 2005 12:29 - 2768 of 10502

Going to back tottenham at home to balckburn (its about money not emotion) - they need a big win for any chance of european qualification and arsenal at 1.9 look a big price depending on the team wenger puts out - henry will definitely play part/all the game, campbell likely to play all the game and ljundberg set to return for part/all of game but i dare say he may rest viera/pires/bergkamp

Fundamentalist - 15 May 2005 14:54 - 2769 of 10502

Arsenal

no henry/pires, rest all play

Fundamentalist - 15 May 2005 14:58 - 2770 of 10502

United putting out a pretty strong side, Rooney and Van Nistelroy both start, no Scholes, Keane, Ronaldo, Heinze

Fundamentalist - 15 May 2005 15:01 - 2771 of 10502

Portsmouth look very weak vs west brom - no lua lua, yakubu, stone

bakko - 15 May 2005 15:45 - 2772 of 10502

Just been listening to radio whilst working on the garden. Some tense moments for teams on the tightrope!

Fundy, Well done if you're still hanging onto to your lays. You should be laughing now!

Fundamentalist - 15 May 2005 16:08 - 2773 of 10502

Bakko

Greened up on the Norwich and Palace games, covered my stake on the WBA game - still running on the saints (will close out if other results mean they need to win - a draw keeps them up currently). Didnt back either tottenham or arsenal onthe sides theyve picked and neither have drifted enough for me to get interested. tottenham will now know that boro are winning so may not be up for the second half

Fundamentalist - 15 May 2005 16:13 - 2774 of 10502

So much for it being in norwichs hands - theyve now jammed the door wide open for the other 3 sides

Fundamentalist - 15 May 2005 16:22 - 2775 of 10502

Now green on all the games - not looking good for scrip/cunningham

jeffmack - 15 May 2005 16:56 - 2776 of 10502

They think its all over....it is now

Scripophilist - 15 May 2005 17:32 - 2777 of 10502

Well saints are down but I just landed the most amazing bet ever at combined odds of over 500-1. See further up the thread, it is one of biggest ever.

Fundamentalist - 15 May 2005 18:40 - 2778 of 10502

Scrip

care to shed some more light?

DocProc - 15 May 2005 20:22 - 2779 of 10502

Scrip

There are roughly 7 million posts on this thread. Please give us a clue.

Scripophilist - 15 May 2005 20:53 - 2780 of 10502

Post 2637

http://www.moneyam.com/TradersRoom/ShowPostList?fID=1&tID=2763&from=2637

Scripophilist - 15 May 2005 20:54 - 2781 of 10502

Just got back home, off down the pub to contemplate but also celebrate. I am in officially freaked out mode. Almost got my head panned in by the nearby Southampton fans who thought I was the devil.

cunningham - 15 May 2005 21:23 - 2783 of 10502

Script, Re Post 2637 time to change your login ID to Marty-Mcfly.

Can you dream before next week the winner of the FA Cup and time of the winning score. (Shouldn't be too hard as you've done this before) Then can I have the name of the winning horse in this years Derby and while you at it, this years eurovision winner and next 6 lotto numbers. :-)

Many thanks and sweet dreams.

Scripophilist - 15 May 2005 21:43 - 2784 of 10502

LOL! Why do you think I run a Lottery syndicate as well?

Scant reward for seeing Southampton go down. But at least I did my bit to attempt to avert the inevitable. My voice is pretty much gone.
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