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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 - 18 Dec 2004 16:26 - 365 of 10502

Scrip,

Yes I am thanks. Also greened up on Middlesborough v Villa. Man U v Palace later to look forward to.

ps. I see we can look forward to a new version of ABP soon.

Fundamentalist - 18 Dec 2004 17:05 - 366 of 10502

John

Good to see things are improving - will try and call next week sometime - ive not been using recently as i still dont have betfair at the house!!!!!

Harlosh - 18 Dec 2004 17:47 - 367 of 10502

Wow. Just greened up on United when Palace scored. Think I've learned my lesson now.

Had a good day on the football.

Steve, I'll give you a ring next week.

Scripophilist - 18 Dec 2004 19:35 - 368 of 10502

Harlosh, those could have easily been my posts. I too was all green on the three matces. An another excellent day.

Man U match was fun!!

Harlosh - 19 Dec 2004 01:59 - 369 of 10502

Scrip,

Was a bit peeved at the Man U game. Could have had a second bite of the cherry when Palace equalised but the other half wanted to go out. Can you believe these women wanting to go out on a Saturday when there is lots of sport to be had on the PC.

Perhaps I shouldn't but I'm gonna have a bet on Arsenal Sunday. Don't fancy the Liverpool v Newcastle game.

Harlosh - 19 Dec 2004 17:50 - 370 of 10502

Greened up on Arsenal for a nice win.

Scripophilist - 19 Dec 2004 21:24 - 371 of 10502

Well done on the Arsenal match but I wasn't on it for the reasons stated in the course.

Kayak - 21 Dec 2004 11:01 - 372 of 10502

Ftse-wtse good today :-))

kernow - 21 Dec 2004 11:45 - 373 of 10502

Time to lay the FTSE right now then K?

kernow - 21 Dec 2004 12:01 - 374 of 10502

..or maybe not.

Kayak - 21 Dec 2004 12:01 - 375 of 10502

Nah was too high up and too strong :-) 13.00 line is well positioned though.

Kayak - 21 Dec 2004 13:00 - 376 of 10502

nearly :-)

kernow - 21 Dec 2004 13:21 - 377 of 10502

Greened up on the 2pm - just as well as my wife wants to play golf :-) See ya

chartist2004 - 21 Dec 2004 14:53 - 378 of 10502

A cracking afternoons up 83% on ftse intra hr trading 3 hits out of 3 (if it's above 4733.7 @ 3pm)!

DocProc - 21 Dec 2004 15:00 - 379 of 10502

4736.7 at 15:00

:-)

Kayak - 21 Dec 2004 15:34 - 380 of 10502

Well done chartist

chartist2004 - 21 Dec 2004 15:52 - 381 of 10502

Kayak - Thanks, makes a change for me to be 'up' down o/all in 2 weeks but clawed some bach today :o)

chartist2004 - 21 Dec 2004 18:06 - 382 of 10502

Was doing ok, ftse fell 4 points 'after the bell' had it not, would have been up 121.5% today, finished the day down 2% :o(.... must control this greed thingie!

Kayak - 21 Dec 2004 18:57 - 383 of 10502

Oh dear, sorry about that. The final segment is a big gamble if the FTSE is within 10 points or so of the line. I very rarely leave things open over the auction, although today as it happened the risk/reward was -10/+480 and so I left it running since the futures were looking weak and the FTSE was only a couple of points above at 4.30.

pericles - 21 Dec 2004 21:18 - 384 of 10502

Kayak, many thanks for your "thoughters" post of a week or two ago.The short term of the ftse bets is a plus for me and i found myself returning to reread the post to savour the bits such as "its not the size of the move that counts" and especially "there is no spread to cover". And losses it appears can be controlled ,if not erased. From experience elsewhere i know the value of keeping it simple, with self draw trend and support lines.Where do you get your live ftse charts please? Were it not for your posting i wd have missed this Betfair thing. Are you an introducer? Pericles.
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