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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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7 no trumps a beauty of a drfiter - laid at 2.48 green at 3.45 - nice!!!

Just dropped you an email BTW.

Might have drifted but wins comfortably

See this evening there are 2 english and 1 irish meetings - and 1 of the english and the irish meeting have the same starting times - cant believe that they cant co-ordinate themselves better

It's crazy isn't it. Maybe this is why racing is in a such a pickle. They just can't seem to adapt to the modern world. If they let Channel four racing die they will lose a whole new audience. All for the sake of 8m as well.

I have noticed recently that the volume of the non UK racing is increasing at the moment. Some of the markets are attracting pretty good volume. I was up late last night and found myself trading a race at 12:15am in the morning! Only as a test for sure but couldn't have seen myself doing that at the start of the year.

If they get aussie racing going then it could turn into a 24 hour a day thing!!

Betfair founders kick off new property exchange business -"Opromark", an online property exchange

Scrip

must confess to the first few days when i was tesing i had a little dabble on the american racing - the only other prob apart from the liquidity is that they sometimes suspend the racing early ie way before the start (and the coverage on AtTheRaces is sooooo annoying)

Doc saw that, great idea a little late though.

Fundy, Yeah it's nothing like the UK yet. But getting better.

Scrip

A little late because property prices are now most possibly 'at the top' or some other reason?

Yes, just that property prices are so richly valued at the moment. Serious investors just won't be interested in it IMO.

However, I think the whole exchange concept has much further to run over all. I can see the future bringing a whole host of new ideas to the market.

Hi I normally lurk and read with interest the comments made. I have a question and apologies if it seems simple but it seems like it cannot be right.

On the Wimbledon tennis betting with betfair you can currently back Grosjean at 110 to win but can lay at 70 in the book to win without Federer. So already that would be in the money if you covered both sides although presumably you would have to use a lot of capital at these prices.

Thanks

The golfer

welcome to the thread - any thoughts on the us open this week?

say for example you back grosjean in the outright market and lay him in the without federer market you are ok unless federer beats grosjean in the final, at which stage you will have a huge liability

Thank you for that I thought it was to easy. Will have to wait and see which half of the draw they both get drawn in. Still think he should get through the first 2 or 3 rounds and then the opportunity may open up.

As far as the golf is concerned it is always to difficult to call the outright winner but how about Montgomerie as an each way in view of all the problems he had in qualifying for the US Open? Stranger things happen in sport.

Golfer,
A warm welcome to the thread from me too. Hope to see you on here more often.
Totally agree with Fundy.

Fundy,
Notice how Grosjean's odds have drifted out big time. Other's outside this thread obviously haven't got a clue unless we're wrong ?? Well, I picked up a few more at 120.

I'm sure the draw will have a drastic effect on some of the odds. Will make a comparison before and after the draw.

Evening bak

Post draw in the morning should be interesting

are we going to sort out another night out with john soon ?

Steve, Can't see why not. I'm all for sooner so lets try and sort a date out within next few weeks

Hi Golfer and welcome from me also.
Just been looking at US open. I can't believe David Howell's odds @ 170. Should be an easy green up after the cut imho. Personaly I'd lay Monty if I had enough margin. Time will tell.

Kernow

i like your logic - ive taken some howell at 290 to win and 30 to finish top 5

other bets so far: Jiminez 110, Tim Clark 170

Fundy -Out of interest how long ago was Howell at 290 please? I should plan ahead more obviously.