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

Fundy , I was going to lay a quid on the Aussies this morning but thought Bangla were overpriced at 1/100.

:-)

Dil

just logged in and read your post - looked at todays prices and laid the aussies at 1.51
Harmison has taken 3 wickets in 4 balls and their now 2.52 and im very green

thanks for that Dil :-)

Harmy takes another wicket and i greened too early lol

Aussies now 3.4 with England 1.4

Good afternoon to anyone following the Aussie/England 1 day match in Bristol.

As a beginner I'm fooling around with 2 and can't believe what I'm seeing in terms of the way the odds seem to drift around when the fundamentals aren't changing very much. For example England were chasing 253 runs in 50 overs at the start of their innings. Just before 5:00 with 135 runs required off 23 overs the odds had been hardening for some time. The run rate required wasn't exactly better than that required at the outset so I laid them at 1.61 because it looked like money for jam.

Someone must have realised the anomaly because I was able to green up at 2.0 within a couple of minutes.

Of course the next ball after I greened up, Flintoff was caught LOL

From http://www.planet-f1.com/news/....

F1 Latest News

FIA turn down chicane request
Sunday June 19 2005

The FIA have just released the following correspondence between Michelin and Race Director Charlie Whiting...

Saturday June 18 2005
Indianapolis

From: Michelin Motorsport
To: Charlie Whiting, FIA Race Director and Safety delegate

Dear Mr Whiting

Having analysed and fully evaluated the tyre failures that have occurred over the Indianapolis Grand Prix practice sessions we have been unable to identify a root cause.

The current rules and timescale do not permit the use of an alternative tyre solution and the race must be performed with the qualifying tyres.

Michelin has in the sole interest of safety informed its partner teams that we do not have total assurance that all tyres that qualified the cars can be used unless the vehicle speed in turn 13 can be reduced.

Michelin very much regrets this situation, but has taken this decision after careful consideration and in the best interests of safety at the event.

We trust that the FIA can understand our position and we remain at your disposal if you want any further information.

Pierre Dupasquier
Michelin Motorsport Director

Nick Shorrock
Director of Michelin F1 activities

Cc:
Bernie Ecclestone
Michelin teams
Ron Dennis (West McLaren-Mercedes)
Flavio Briatore (Mild Seven Renault F1)
Frank Williams (BMW WilliamsF1 Team)
Peter Sauber (Sauber Petronas)
Christian Horner (Red Bull Racing)
Nick Fry (B-A-R Honda)
John Howett (Panasonic Toyota Racing)


Letter from Charlie Whiting, the FIA Formula One Race Director, in reply to above letter from Representatives of Michelin:

19 June, 2005

Dear Mr Dupasquier,
Dear Mr Shorrock,

We have received your letter of 18 June.

We are very surprised that this difficulty has arisen. As you know, each team is allowed to bring two different types of tyre to an event so as to ensure that a back-up (usually of lower performance) is available should problems occur. It is hard to understand why you have not supplied your teams with such a tyre given your years of experience at Indianapolis.

That the teams you supply are not in possession of such a tyre will also be a matter for the FIA to consider in due course under Article 151c of the International Sporting Code.

No doubt you will inform your teams what is the maximum safe speed for their cars in Turn 13. We will remind them of the need to follow your advice for safety reasons. We will also ask them to ensure their cars do not obstruct other competitors.

Some of the teams have raised with us the possibility of running a tyre which was not used in qualifying. We have told them this would be a breach of the rules to be considered by the stewards. We believe the penalty would not be exclusion but would have to be heavy enough to ensure that no team was tempted to use qualifying tyres in the future.

Another possibility would be for the relevant teams repeatedly to change the affected tyre during the race (we understand you have told your teams the left rear is safe for a maximum of ten laps at full speed). If the technical delegate and the stewards were satisfied that each change was made because the tyre would otherwise fail (thus for genuine safety reasons) and that the relevant team were not gaining an advantage, there would be no penalty. If this meant using tyres additional to a teams allocation, the stewards would consider all the circumstances in deciding what penalty, if any, to apply.

Finally, it has been suggested that a chicane should be laid out in Turn 13. I am sure you will appreciate that this is out of the question. To change the course in order to help some of the teams with a performance problem caused by their failure to bring suitable equipment to the race would be a breach of the rules and grossly unfair to those teams which have come to Indianapolis with the correct tyres.

Yours sincerely,

Charlie Whiting
FIA Formula One Race Director

cc: Bernie Ecclestone
Ron Dennis (West McLaren-Mercedes)
Flavio Briatore (Mild Seven Renault F1)
Frank Williams (BMW WilliamsF1 Team)
Peter Sauber (Sauber Petronas)
Christian Horner (Red Bull Racing)
Nick Fry (B-A-R Honda)
John Howett (Panasonic Toyota Racing)
Jean Todt (Scuderia Ferrari)
Colin Kolles (Jordan Grand Prix)
Paul Stoddart (Minardi F1 Team)

Compound

Just have a look at the graph for either England or Australia - the swings are quick and large.

England appear to be making a hash of a game they should have won easily - not out of it yet but making hard work of it

Much greener now than half an hour ago. Going out for half a strawberry and a teaspoonful of icecream on my winnings :-)

Aussies now look overpriced at 1.5 to me - England are totally dependent on Pieterson to win them the game

edit - Pieterson nearly run himself out there

England may have just got 18 runs out of an over but I've laid them again. 2.04 is just not sensible odds for the run rate required now - just over 1 per ball

he says as Pieterson takes 18 off the over and the Aussies drift to 1.94


Hopefully, England will realise from this that they must pick a 5th bowler and that 4,5 and 6 should be in the opposite order (Pieterson is the one who makes big hundreds - 3 in 6 games in South Africa and Collingwood is the "finisher")! Personally id have solanki opening, strauss at 3 and the captain carrying the drinks!

another 6 from pieterson and the aussies out to 2.5 - glad i didnt get on at 1.5 lol - saved by not trading due to totally unreliable internet connection today - hopefully itll be ok for the golf later

Pieterson on a roll, now England 1.34 Aussies 3.6

Are we really not going to pick this guy when the ashes start?

Solanki run out to the keeper - England and self destruct springs to mind

now 1.9 England/2.1 Aussies

Nursing a poor position but I still think England have got something to prove, especially with only 3 wickets left

So Pieterson batted at 5 in SA and made 3 hundreds. Englands response is to drop him to no. 6. Currently 70 odd not out - will he be no. 7 in the next game?

compound -if youve backed england KP looks like he'll get you out of it

Am letting it run for a very small loss. I am going to Scrip's course on 7th to find out how to handle the "get out of jail free" tricks.

Compound

the best get out of jail free trick will be clearly defined to you by scrip - its called dont get yourself there in the firstplace!!!

Bloody farce in prospect on the Indy GP. Pity I wasn't tuned in earlier to back ferrari/lay the rest.

Kernow

you still laying Goosen in the golf?