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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 - 11 Jul 2005 14:06 - 3963 of 10502

Pacific Pride 14:15 Ayr - 1.13

Scripophilist - 11 Jul 2005 14:06 - 3964 of 10502

BTW all seems well with the site.

Scripophilist - 11 Jul 2005 14:23 - 3965 of 10502

I think there is a tactic here on short priced favourites. Lay before the off and buy back in running. Have seen few short priced favs not offer an opportunity like this.

Fundamentalist - 11 Jul 2005 14:58 - 3966 of 10502

Scrip

theory tends to work as long as you put you counter trade in the market as soon as the race is off and also if you dont get too greedy (have been caught occasionally by trying to wait for a better exit point)

have sent you a mail re charting on betangel

Fundamentalist - 11 Jul 2005 15:51 - 3967 of 10502

Bewrae trading the 16.00 at Newton Abbott - the favourite snoopy loopy will not race as it has not made it to the track

Fundamentalist - 11 Jul 2005 19:05 - 3968 of 10502

Scrip

any thoughts on how to trade the 20.20 at Killarney?

compoundup - 11 Jul 2005 19:09 - 3969 of 10502

Pro is working well. Was far too un-greedy on the 2:15 at Ayr and only made 1 tick 3 times. I'll test your tactic next chance I get. Children on holiday stopped play early today :-) Edward

compoundup - 11 Jul 2005 19:13 - 3970 of 10502

Fundamentalist, I've heard of a 2 horse race but never watched one before.

Fundamentalist - 11 Jul 2005 20:28 - 3971 of 10502

compound

race worked out nicely :-)

Scripophilist - 11 Jul 2005 20:53 - 3972 of 10502

Missed it. I am having one hour on and an hour off. I had a nasty mountain bike accident over the weekend (I'll save you the detail). But I was in hospital most of Sunday getting put back together again.

Fundamentalist - 11 Jul 2005 21:39 - 3973 of 10502

Peter

sorry to hear about the accident - hope you are ok and wish you a speedy recovery

bakko - 11 Jul 2005 21:51 - 3974 of 10502

Scrip,

I, too, am sorry to hear of your accident and hope your're back on your feet asap.

Fundamentalist - 11 Jul 2005 22:04 - 3975 of 10502

Evening all

Just been taking a look at the markets for The Open starting thursday and struggling to find much value.

Woods looks ridiculously short at 4.4/4.5 but with an early tee time on thursday will wait before looking to lay.

A few small E/W bets :

Stuart Appleby 110
Miguel Jiminez 110
Brian Davis 350

Thursday tee times link:


Fundamentalist - 11 Jul 2005 22:06 - 3976 of 10502

cant get link to work on new BB can anyone tell me how to do so?

the web page is:

www.opengolf.com/news/tee_times_official.sps

DocProc - 11 Jul 2005 22:08 - 3977 of 10502

Scrip

Sorry to hear that. :-(

You haven't been trying to bump up the kerb, have you?

Reminds me of when I was a 'butcher's boy' - one of my my part-time jobs, whilst at school. I'm talking 1957/58/59 and my wages were 1 per week plus tips.

I had a bike with small wheels and a wicker basket at the front, laden chocabloc with lovely joints of meat all nicely wrapped up in white kraft paper.

Not after I tried to bump the kerb with the bike one wet morning, they weren't! You simply can't bump a basket full of meat at the front of a butcher's bike but I didn't know that until I tried to do it!

hehehe

:-)

PS. You haven't grazed your chin, have you?

Scripophilist - 11 Jul 2005 22:38 - 3978 of 10502

Don't say I didn't warn you.

I was on the same route I have travelled hundreds of times only this time something must have been different as the wheel turned 90 degrees and threw me off forwards. I was going about 20mph and the towpath on the canal at that point is made from flint from the castle ruins adjoining the canal. I landed on my knees first and then whiplashed my head into the ground. I tore the skin off my knees, took a chunk out my head gently pealing back a small part which was by then the main contact with the ground, damaged my shoulder, hand, neck and the flint path kindly lacerated various parts of my body. Thank fully I didn't knock myself out or fall in the canal but I was losing a lot of blood and was in the middle of nowhere so I had to walk to find help. One and a half hours later I was finally in hospital where they cleaned up the wounds and stitched me up. They did a good job. I don't look too bad today but hell do I hurt and the bandages keep needing to be changed. I can only sleep on my back as well at the moment so my wife is well pleased with my constant snoring!

The good thing is I can still talk and type so to the outside world nothing has changed. I will be a hermit in my house for a week though. Can't do the school run either for fear of giving the children nightmares especially as I can't shave at the moment. Still it could have been much worse.

I did manage to retrieve the bike which actually looked completely untouched for some reason. Can't figure out what happened though. So much for the golf I booked for Friday.

Scripophilist - 11 Jul 2005 22:42 - 3979 of 10502

BTW, Footy's back this week Liverpool vs TNS (Who?)

Will be interesting to see the volume on this one. Lay Liverpool of course they ain't ever going to win the champions league are they?

Scripophilist - 12 Jul 2005 09:56 - 3980 of 10502

Harrington is out of the open after his father death. But there is still money available to lay him. I have taken as much as I want.

Harlosh - 12 Jul 2005 10:01 - 3981 of 10502

Not there now.

Scripophilist - 12 Jul 2005 10:02 - 3982 of 10502

That was quick, they voided him. Was worth a try, Certainly no risk. Currently the win market is showing 200% and the cut 2900% there is an arb in there somewhere.
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