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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


Fundamentalist - 22 Jun 2005 16:08 - 3648 of 10502

damaged his wrist and forced to withdraw - looked in quite a bad way

Harlosh - 22 Jun 2005 16:09 - 3649 of 10502

Really pissed off. I'm off to the Lakes tomorrow so I can drown my sorrows. (Not literally of course)

Fundamentalist - 22 Jun 2005 16:14 - 3650 of 10502

sorry to hear john - hope you have a good time in the lakes - we'll have to hook up next week

Fundamentalist - 22 Jun 2005 16:22 - 3651 of 10502

Kuxnetzkova breaks back now 4-4 in first set

Harlosh - 22 Jun 2005 16:22 - 3652 of 10502

Hadn't really considered the prospect of an injury causing a losing position to be honest. It's a third option, like a draw in a rugby match. Unlikely but possible. It just doesn't appear on the screen.

Fundamentalist - 22 Jun 2005 16:30 - 3653 of 10502

Kuznetzkova wins first set 6-4
Dementieva 5-1 down in first set
Hewitt 4-0 up in first set

john - i know its no comfort currently but maybe a stop loss in place say 20 ticks away would give some insurance against this

bakko - 22 Jun 2005 16:42 - 3654 of 10502

John, Sorry to hear of your loss too. If it makes you feel a little better (probably not), I got wasted yesterday when Henin crashed out. Backed her when she was 1 set down and never greened up despite chances to do so.

Steve and John, Let's arrange a night out again.

Fundamentalist - 22 Jun 2005 18:11 - 3655 of 10502

Bak

whenever suits me - offer some dates up for john

Konetzova finally scraped through 6-4 in the third - though a great game to trade - in 3 sets their was 13 breaks of serve - she looks a prime candidate to lay to back back in future rounds

Scripophilist - 22 Jun 2005 18:18 - 3656 of 10502

"she looks a prime candidate to lay"

You smooth talker you.

Fundamentalist - 22 Jun 2005 18:21 - 3657 of 10502

pmsl

have you seen her!!! now sharapova......

Fundamentalist - 22 Jun 2005 18:27 - 3658 of 10502

Didnt realise Karlovic got knocked out yesterday (despite serving 51 aces!!!)

Scripophilist - 22 Jun 2005 18:44 - 3659 of 10502

Just laid Ancic for a small amount at 1.08, He is 1 set up (on a tie break). I have popped a trailing stop on him and will leave it there and go off and have some tea and put the kids to bed.

Scripophilist - 22 Jun 2005 19:17 - 3660 of 10502

Just nipped in to see what was happening, One set all Ancic out to 1.30. I'm getting the hang of this tennis stuff. Ancic to serve first in next set so I guess he has the upper hand now.

sealed - 23 Jun 2005 08:07 - 3661 of 10502

Kayak
Derek seems to be caught in a strong south westerly the way he's been drifting since midnight. Good spot.

edit: reading betfair forum, it seems the price movement is down to Derek threatening to walk lol

Kayak - 23 Jun 2005 08:39 - 3662 of 10502

Yes at first sight it seems to have worked out as planned. But who knows. Derek asked BB to leave the house and the second part of tomorrow's eviction night has been extended to an hour. That could mean that another housemate is going in or it could mean a planned walkout by Derek and the eviction of Roberto. Although then Channel 4 would be misleading voters spending their hard earned. They could have agreed with Derek that he would walk if he wasn't evicted...

The point is that if he walks then I think betting on him will be void and that is where I have my profit.

Kayak - 23 Jun 2005 08:45 - 3663 of 10502

Of course Derek could be just posturing, announcing to his friend that he did nearly decide to leave to attend her wedding... on the other hand he looked relaxed yesterday in a way he would if he knew he was moving on... ah a very murky situation. I have closed at 3.0 on Derek, rather than laying Roberto, to ensure that if the bets are voided both will be voided.

Fundamentalist - 23 Jun 2005 10:26 - 3664 of 10502

Kayak

having read the rules on the betfair page if someone walks then they will just be counted as a loser - the market is purely whoever is evicted next. Been a lot of rumours in the press they are bringing in another female this week.

Scripophilist - 23 Jun 2005 10:27 - 3665 of 10502

Henman priced at 1.16 for his match today.

Fundamentalist - 23 Jun 2005 10:29 - 3666 of 10502

1pm start scrip - ready and primed to lay Timmy

bakko - 23 Jun 2005 10:56 - 3667 of 10502

Fundy,

You have internal email.
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