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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


Harlosh - 10 Jun 2005 17:34 - 3297 of 10502

Nobody on Hewitt I hope at Queens. Pretty much thrashed in straight sets.

Fundamentalist - 11 Jun 2005 09:32 - 3298 of 10502

Been some very easy rugby around on the rugby this morning - hope you are all up early and taking advantage

Harlosh - 11 Jun 2005 09:36 - 3299 of 10502

Not early enough judging by the odds at the moment Steve.

Fundamentalist - 11 Jun 2005 09:40 - 3300 of 10502

John

i backed the maoris at 2.4 and again at 2.12 - cant even see any point in greening up - we havent been in their half in the last 20 minutes

Fundamentalist - 11 Jun 2005 09:43 - 3301 of 10502

green at 1.04

Harlosh - 11 Jun 2005 09:43 - 3302 of 10502

Haven't been following the tour at all to be honest.

You don't think it's worth a quick lay at 1.06 then??

Fundamentalist - 11 Jun 2005 09:45 - 3303 of 10502

John

in a word NO

lions havent looked likle they have any idea how to break the gain line let alone score

Fundamentalist - 11 Jun 2005 09:49 - 3304 of 10502

take that back John

Lions have just scored under the posts

Harlosh - 11 Jun 2005 09:51 - 3305 of 10502

Layed em anyway Steve just for fun. I let it ride for a while I think.

Fundamentalist - 11 Jun 2005 09:52 - 3306 of 10502

Good call - youve just got very unlucky - lions just broke again and lewsey got taken out off the ball or they would have scored

Harlosh - 11 Jun 2005 10:01 - 3307 of 10502

It was fun while it lasted.

Fundamentalist - 11 Jun 2005 11:07 - 3308 of 10502

Been having a dig round the betfair info site - some links that others may find useful (scrip - maybe you could post these into the header)


Weekly TV guide to sports and trading opportunities (if you click on a listing it opens up the relevant prices in betfair):

http://www.betfair.tv/region/uk


Football stats:

http://www.playbetfair.com/table/bf.php


Tennis stats:

http://www.playbetfair.com/table/ts2.php?tp=all&lid=7

Fundamentalist - 11 Jun 2005 14:19 - 3309 of 10502

anyone else having problems with betfair hanging and not responding and having to be reloaded?

bakko - 11 Jun 2005 14:30 - 3310 of 10502

Ok at this end

Fundamentalist - 11 Jun 2005 14:39 - 3311 of 10502

Hi bak

im back in but its running at snails pace :-(

are you on the roddick game?

bakko - 11 Jun 2005 14:44 - 3312 of 10502

Yep, Betfair no hangups on the tennis

bakko - 11 Jun 2005 14:46 - 3313 of 10502

Just enjoying the game now as built up a hefty profit on Roddick with no loss if he doesn't win

Fundamentalist - 11 Jun 2005 14:49 - 3314 of 10502

giving up on the horses - system is running too slowly for me to trade at the mo - will watch the end of the tennis then have another look

Fundamentalist - 11 Jun 2005 14:53 - 3315 of 10502

profit is looking safe Bak

bakko - 11 Jun 2005 14:55 - 3316 of 10502

Just greened up at 1.01 just to be on the safe side
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