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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


Scripophilist - 15 Jun 2005 22:09 - 3373 of 10502

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.

THEGOLFER - 15 Jun 2005 22:22 - 3374 of 10502

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

Fundamentalist - 15 Jun 2005 22:29 - 3375 of 10502

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

THEGOLFER - 15 Jun 2005 22:37 - 3376 of 10502

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.

bakko - 15 Jun 2005 23:05 - 3377 of 10502

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.

Fundamentalist - 15 Jun 2005 23:09 - 3378 of 10502

Evening bak

Post draw in the morning should be interesting

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

bakko - 15 Jun 2005 23:18 - 3379 of 10502

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


kernow - 16 Jun 2005 11:26 - 3380 of 10502

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.

Fundamentalist - 16 Jun 2005 12:21 - 3381 of 10502

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

kernow - 16 Jun 2005 12:32 - 3382 of 10502

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

Fundamentalist - 16 Jun 2005 13:37 - 3383 of 10502

(1) Roger Federer (Swi) v Paul-Henri Mathieu (Fra)
Ivo Minar (Cze) v Michal Tabara (Cze)
Joshua Goodall (GB) v Alessio Di Mauro (Ita)
Julien Benneteau (Fra) v (25) Nicolas Kiefer (Ger)
(23) Juan Carlos Ferrero (Spa) v Qualifier
Thomas Enqvist (Swe) v Hyung-taik Lee (Kor)
Florian Mayer (Ger) v Santiago Ventura (Spa)
Fernando Verdasco (Spa) v (13) Tommy Robredo (Spa)
(11) Joachim Johansson (Swe) v Albert Montanes (Spa)
Alberto Martin (Spa) v Greg Rusedski (GB)
Jose Acasuso (Arg) v Tomas Zib (Cze)
Alan Mackin (GB) v (21) Fernando Gonzalez (Chi)
(31) Mikhail Youzhny (Rus) v Marcos Baghdatis (Cyp)
Oscar Hernandez (Spa) v Jean-Rene Lisnard (Fra)
Jonas Bjorkman (Swe) v Qualifier
Scott Draper (Aus) v (8) Nikolay Davydenko (Rus)


(3) Lleyton Hewitt (Aus) v Christophe Rochus (Bel)
Jan Hernych (Cze) v James Blake (USA)
Qualifier v Qualifier
Sargis Sargsian (Arm) v (29) Nicolas Massu (Chi)
(24) Taylor Dent (USA) v Qualifier
Kevin Kim (USA) v Alex Bogdanovic (GB)
Qualifier v Tomas Berdych (Cze)
Lars Burgsmuller (Ger) v (16) Mariano Puerta (Arg)
(10) Mario Ancic (Cro) v Qualifier
Qualifier v Stefan Koubek (Aut)
Gael Monfils (Fra) v Olivier Rochus (Bel)
Cyril Saulnier (Fra) v (22) Dominik Hrbaty (Svk)
(26) Feliciano Lopez (Spa) v Bjorn Phau (Ger)
David Sherwood (GB) v Ricardo Mello (Bra)
Karol Beck (Svk) v Mark Philippoussis (Aus)
Paradorn Srichaphan (Tha) v (5) Marat Safin (Rus)


(7) Guillermo Canas (Arg) v Qualifier
Max Mirnyi (Bel) v Rainer Schuettler (Ger)
Stanislas Wawrinka (Swi) v Fabrice Santoro (Fra)
Peter Wessels (Ned) v (28) Jiri Novak (Cze)
(19) Tommy Haas (Ger) v Janko Tipsarevic
Qualifier v Qualifier
Andrei Pavel (Rom) v Qualifier
Bohdan Ulihrach (Cze) v (12) Thomas Johansson (Swe)
(14) Radek Stepanek (Cze) v Robby Ginepri (USA)
Andrew Murray (GB) v Qualifier
Karol Kucera (Svk) v Luis Horna (Per)
Raemon Sluiter (Ned) v (18) David Nalbandian (Arg)
(27) Richard Gasquet (Fra) v Philipp Kohlschreiber (Ger)
Sjeng Schalken (Ned) v Potito Starace (Ita)
Felix Mantilla (Spa) v Gilles Muller (Lux)
Vincent Spadea (USA) v (4) Rafael Nadal (Spa)


(6) Tim Henman (GB) v Jarkko Nieminen (Fin)
Nicolas Almagro (Spa) v Dmitry Tursunov (Rus)
Alexander Popp (Ger) v Jerome Haehnel (Fra)
Wayne Arthurs (Aus) v (32) Filippo Volandri (Ita)
(17) David Ferrer (Spa) v Guillermo Garcia-Lopez (Spa)
Juan Monaco (Arg) v Qualifier
Victor Hanescu (Rom) v Kenneth Carlsen (Den)
Michael Llodra (FRa) v (9) Sebastien Grosjean (Fra)
(15) Guillermo Coria (Arg) v Tomas Behrend (Ger)
Jonathan Marray (GB) v Xavier Malisse (Bel)
Alex Calatrava (Spa) v Qualifier
Jurgen Melzer (Aut) v (20) Ivan Ljubicic (Cro)
(30) Robin Soderling (Swe) v Igor Andreev (Rus)
Davide Sanguinetti (Ita) v Qualifier
Qualifier v Ivo Karlovic (Cro)
Jiri Vanek (Cze) v (2) Andy Roddick (USA)



Fundamentalist - 16 Jun 2005 13:38 - 3384 of 10502

(1) Lindsay Davenport (US) v Alina Jidkova (Rus)
Marta Marrero (Spa) v Qualifier
Barbora Strycova (Cze) v Lilia Osterloh (US)
Sanda Mamic (Cro) v (30) Dinara Safina (Rus)
(23) Ai Sugiyama (Jpn) v Roberta Vinci (Ita)
Abigail Spears (US) v Anne Kremer (Lux)
Marissa Irvin (US) v Qualifier
Katie O'Brien (GB) v (15) Kim Clijsters (Bel)
(10) Patty Schnyder (Swi) v Antonella Serra Zanetti (Ita)
Tatiana Perebiynis (Ukr) v Qualifier
Maria Kirilenko (Rus) v Qualifier
Magdalena Maleeva (Bul) v (24) Shinobu Asagoe (Jpn)
(27) Nicole Vaidisova (Cze) v Jelena Kostanic (Cro)
Samantha Stosur (Aus) v Michaela Pastikova (Cze)
Akiko Morigami (Jpn) v Sania Mirza (Ind)
Rebecca Llewellyn (GB) v (5) Svetlana Kuznetsova (Rus)

(3) Amelie Mauresmo (Fra) v Paola Suarez (Arg)
Maria Sanchez Lorenzo (Spa) v Marta Domachowska (Pol)
Sarah Borwell (GB) v Shenay Perry (US)
Tamarine Tanasugarn (Tha) v (25) Karolina Sprem (Cro)
(22) Silvia Farina Elia (Ita) v Martina Sucha (Svk)
Maria Vento-Kabchi (Ven) v Milagros Sequera (Ven)
Meghann Shaughnessy (US) v Julia Schruff (Ger)
Anna Smashnova (Isr) v (13) Elena Likhovtseva (Rus)
(9) Anastasia Myskina (Rus) v Qualifier
Evie Dominikovic (Aus) v Aiko Nakamura (Jpn)
Mariana Diaz-Oliva (Arg) v Anne Keothavong (GB)
Anna Chakvetadze (Rus) v (17) Jelena Jankovic (SeM)
(28) Amy Frazier (US) v Mashona Washington (US)
Selima Sfar (Tun) v Emilie Loit (Fra)
Elena Baltacha (GB) v Qualifier
Iveta Benesova (Cze) v (6) Elena Dementieva (Rus)

(7) Justine Henin-Hardenne (Bel) v Eleni Daniilidou (Gre)
Klara Koukalova (Cze) v Laura Granville (US)
Gisela Dulko (Arg) v Yuliana Fedak (Ukr)
Emmanuelle Gagliardi (Swi) v (26) Flavia Pennetta (Ita)
(19) Ana Ivanovic (SeM) v Vera Douchevina (Rus)
Denisa Chladkova (Cze) v Stephanie Foretz (Fra)
Qualifier v Tathiana Garbin (Ita)
Lucie Safarova (Cze) v (12) Mary Pierce (Fra)
(14) Venus Williams (US) v Qualifier
Nicole Pratt (Aus) v Ludmila Cervanova (Svk)
Qualifier v Shahar Peer (Isr)
Evgenia Linetskaya (Rus) v (20) Daniela Hantuchova (Svk)
(29) Marion Bartoli (Fra) v Rika Fujiwara (Jpn)
Qualifier v Jill Craybas (US)
Qualifier v Qualifier
Angela Haynes (US) v (4) Serena Williams (US)

(8) Nadia Petrova (Rus) v Virginia Ruano Pascual (Spa)
Claudine Schaul (Lux) v Michaela Krajicek (Ned)
Zuzana Ondraskova (Cze) v Cara Black (Zim)
Catalina Castano (Col) v (32) Virginie Razzano (Fra)
(21) Francesca Schiavone (Ita) v Kristina Brandi (PuR)
Conchita Martinez (Spa) v Qualifier
Kveta Peschke (Cze) v Dally Randriantefy (Mad)
Marlene Weingartner (Ger) v (11) Vera Zvonareva (Rus)
(16) Nathalie Dechy (Fra) v Maria Elena Camerin (Ita)
Jane O'Donoghue (GB) v Anna-Lena Groenefeld (Ger)
Tatiana Panova (Rus) v Lisa Raymond (US)
Alyona Bondarenko (Ukr) v (18) Tatiana Golovin (Fra)
(31) A Medina Garrigues (Spa) v Katarina Srebotnik (Slo)
Yoon Jeong-cho (Kor) v Arantxa Parra Santonja (Spa)
Amanda Janes (GB) v Sesil Karatancheva (Bul)
Nuria Llagostera Vives (Spa) v (2) Maria Sharapova (Rus)

jeffmack - 16 Jun 2005 13:39 - 3385 of 10502

I guess I should know this. If I back a horse running today and it is declared a non runner later today, will I get my money back.

Fundamentalist - 16 Jun 2005 13:41 - 3386 of 10502

Jeff

yes

Kernow

i think it was at the weekend but not sure

Scripophilist - 16 Jun 2005 13:42 - 3387 of 10502

Jeff, It's called a rule four. On Betfair you will see the reduction factors in each market. No worries.

Scripophilist - 16 Jun 2005 13:44 - 3388 of 10502

Fundy, did the odds change much on the Tennis after the draw? I am in panic mode doing some recording for a company at the moment and can't get access to Betfair for today.

bakko - 16 Jun 2005 13:45 - 3389 of 10502

Thanks Steve for posting up the full Wimbledon draw.

Will check it out and will post up thoughts later.

I see that Grosjean and Antic odds have shortened whilst Karlovic who'll likely to play Roddick in the 2nd round drifting

bakko - 16 Jun 2005 13:47 - 3390 of 10502

Scrip, I've saved odds pre and post draw and will post up later

Scripophilist - 16 Jun 2005 13:53 - 3391 of 10502

I meant to record it but have been dumped on today so I am pretty much out of the loop today. Would be really interested in seeing the pre and post draw figures.

Scripophilist - 16 Jun 2005 13:53 - 3392 of 10502

doppel
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