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How to profit from Betting Exchanges (BEX)     

Scripophilist - 27 Oct 2004 23:40


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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


bakko - 23 Jun 2005 18:14 - 3692 of 10502

Scrip,
Received it yet? If not then will resend

kajman - 23 Jun 2005 18:17 - 3693 of 10502

I made a bit as well on Henman, :-)

Spent most of the day unwinding a nasty BB position, I had backed Derek for this week's eviction when a rumour started that he might walk out first. That would have cost me a packet. But the odds are reasonable again now and I'm green.

Scripophilist - 23 Jun 2005 18:23 - 3694 of 10502

Bakko, received.

Fundamentalist - 23 Jun 2005 18:45 - 3695 of 10502

didnt lay murray as i thought 1.3 was too big so took the dog for a walk instead - best value dog walk for a long time - got back in and its match point!!!

DocProc - 23 Jun 2005 18:57 - 3696 of 10502

Just had a 'no hurry' curry, whilst watching Murray. I would think that the way he played put him about 1m (at least) into his bank account.

Both the curry and Murray were excellent!

Murray?

Mint!

Henman is now history.

Scripophilist - 23 Jun 2005 18:58 - 3697 of 10502

You can see the headline in the Sun, Henman history as Magnificent Murray Marvels crowds.

Fundamentalist - 23 Jun 2005 19:08 - 3698 of 10502

England off to a shocker in the cricket - 6-2 after 5 overs chasing 266.

Aussies now 1.15 to win - mzy be some value in laying it

Scripophilist - 23 Jun 2005 19:09 - 3699 of 10502

Watch out for the thunderstorms tomorrow. One of my worst mare moments came when a storm cut the electricty to my house for a couple of hours. Then when it returned kept getting power surges and dips.

Fundamentalist - 23 Jun 2005 19:10 - 3700 of 10502

make that 6-3 and 1.06 the aussies

DocProc - 23 Jun 2005 19:54 - 3701 of 10502

"Watch out for the thunderstorms tomorrow." :-(

Don't remind me! We have tickets for the 'Abba lookalikes' outdoor picnic concert at Althorp Hall for tomorrow night.

Shall we eat before we go? Where are the raincapes stored? etc, etc.

Fingers crossed and all that.

Fundamentalist - 23 Jun 2005 20:22 - 3702 of 10502

Aussies now gone from 1.06 to 1.23 as flintoff and solanki build a partnership

kajman - 23 Jun 2005 20:25 - 3703 of 10502

Go Freddie !

bakko - 23 Jun 2005 20:36 - 3704 of 10502

Scrip,
Just sent you another internal email.

Scripophilist - 23 Jun 2005 20:39 - 3705 of 10502

"Althorp Hall"

Doc I was invited there a few years ago for a high profile charity function, fantastic event. We all had dinner with Earl Spencer and drifted around the house for hours. A very memorable evening.

Kayak - 23 Jun 2005 20:51 - 3706 of 10502

Voting very close for Roberto and Derek, according to Kaitho on Digital Spy, who appears to be an insider. Meanwhile Derek appears to have decided not to quit, but who knows.

Scripophilist - 24 Jun 2005 11:45 - 3707 of 10502

Just backed 'No' for a rain free tournament at Wimbledon. Big storm over me at the moment heading for SW19.

Kayak - 24 Jun 2005 12:18 - 3708 of 10502

It's been confirmed that 3 new housemates are entering the BB house tonight. My position in Any Other to win is looking good :-) Will close when their characters are known as initial impressions are bound to suggest that at least one has a chance of winning.

Scripophilist - 24 Jun 2005 13:01 - 3709 of 10502

Storm gone now but price on Betfair moved from 1.10 to 1.05 so I have decided to green up and wait for the next storm!

sealed - 24 Jun 2005 13:06 - 3710 of 10502

How do betfair handle 3 new entrants? Do they all remain in the 'any other' category for the remainder of BB6? If thats the case, your getting 'three bites of the cherry' for 1 price.
But there again it could be Mary returning with her relatives in which case your getting 3 spuds for 1 price :~)

Kayak - 24 Jun 2005 13:13 - 3711 of 10502

The terms don't mention adding names and the market is not being part settled even for evictees (since they could return), so I'm sure we do get three bites of the cherry. In fact I have doubled up on this bet since unless they are all three no hopers the odds should drop to match the front runners, apart from Kemal, 8.0 or so.

If it does turn out to be the Addams family then I'm greening up immediately though :-)
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