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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
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 - 01 Jun 2005 16:19 - 3128 of 10502

Akimbo priced at 1.13 in the 16:20!

The shortest price I think I have ever seen.

Scripophilist - 01 Jun 2005 16:20 - 3129 of 10502

I'm going to lay him outright for 1k just for a laugh.

Scripophilist - 01 Jun 2005 16:22 - 3130 of 10502

Bought it back and greened up in-running.

B-P - 01 Jun 2005 16:27 - 3131 of 10502

scrip,
what price did you get when greening up ???

Scripophilist - 01 Jun 2005 16:35 - 3132 of 10502

1.15, not much, I saw it trade briefly at 1.20

bakko - 02 Jun 2005 12:02 - 3133 of 10502

Scrip,

Just a quick comment re. Betangel. I'm not sure whether you're aware of this unless it's a problem on my side.

I was checking the tennis odds on Henin v Petrova game. The Betfair screen shows monies available to back at 1.22, 1.23, 1.24 as 16079, 23155 and 995 respectively, whereas Betangel is showing 1607, 2315 and 995.

It seems that the back/lay boxes on Betangel can only accomodate 4 digits unless this is corrected when the game gets underway?

Scripophilist - 02 Jun 2005 12:25 - 3134 of 10502

Seems to be fine over here and with others I have checked. Can you confirm the screen resolution you are on?

Scripophilist - 02 Jun 2005 12:50 - 3135 of 10502

Or just give me a call.

Scripophilist - 02 Jun 2005 12:50 - 3136 of 10502

Final testing of Pro is out there at the moment with other Betfair users. We are on track for a release very shortly.

bakko - 02 Jun 2005 12:54 - 3137 of 10502

It, probably, is my screen resolution. It was originally set at 1400x1050. However, I've reset to 1280x1024 and still having the same problem. What is the recommended max screen resolution?

Scripophilist - 02 Jun 2005 13:15 - 3138 of 10502

Odd, I see everything OK at 8*600 and 1024*768, Haven't tried a higher resolution but guessed only lower could cause an issue. Will give it a try.

Scripophilist - 02 Jun 2005 14:23 - 3139 of 10502

Fundy, Has Code Orange won it? A good race to start on for the afternoon.

Scripophilist - 02 Jun 2005 14:31 - 3140 of 10502

Bakko, Tried different screen resolutions but everything is find over here. No sure what the issue is. If you can give me details of your setup I will see what we can do.

TPO - 02 Jun 2005 14:51 - 3141 of 10502

Bakko, what's the DPI setting on your PC? On this Dell I can find out by pressing the Advanced button in the Display Properties (from Control Panel). The PC standard is 96DPI, I've seen a number of applications behave strangely if the DPI is set to anything else.

bakko - 02 Jun 2005 14:53 - 3142 of 10502

Scrip, Will get details of my setup to you later. Thanks for trying to solve my problems but apologies for being a nuisance.

Despite problems I managed to pick up a nice earner from Henin game which seemed like a stroll from the scoreboard. Hope others did the same.

Fundamentalist - 02 Jun 2005 14:57 - 3143 of 10502

Scrip

code orange got beat in the photo

decided just to watch that race and red on the next 2 (1 winner 1 loser) - finally got a green one lol. Going to take a fair bit of adjustment i feel

bakko - 02 Jun 2005 15:11 - 3144 of 10502

Bingo!

Thanks TPO. Checked the DPI setting and it was at 120. Changed it to 96 and everything OK. All systems go again!
Thanks again.

bakko - 03 Jun 2005 11:51 - 3145 of 10502

It's men's semis at the French Open with the much anticipated big 2 clash of Fed v Nadal stealing the show. Both have been in scintillating form this year with a total harvest of 11 title wins between them (Fed's 6 to Nadal's 5).

Their head to head record stands at 1-1. Fed winning the last encounter over 5 sets having been 2-0 down.

Fed hasn't dropped a set during this tournament whilst Nadal has only lost 1.
Go to this link for a preview
http://www.atptennis.com/en/newsandscores/news/2005/RG_SFpre.asp

For an in depth opinion by Jim Courier, go to
http://news.bbc.co.uk/sport1/hi/tennis/4602259.stm

I'm predicting a win for Fed but will be nipping in and out on this game as it should present excellent trading opportunities.

Scripophilist - 03 Jun 2005 12:09 - 3146 of 10502

Happy fifth birthday Betfair. Make sure you log in today and you can be in the hat for a prize to celebrate their birthday.

Scripophilist - 03 Jun 2005 16:15 - 3147 of 10502

Had a punt on the Oaks. Getting into this horse racing thingy. Virgina waters.
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