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

Scrip

the guy got the reception he deserved - a true champion - a wonderful moment

Funny old game this trading - spent all afternoon barely trading as i couldnt see anything to trade - sit down to look at a few of the evening races and get a cracking drifter - made 3 times my afternoon profit on the 1 race lol

Well done it's funny like that isn't it.

Just removed my new head bandage this evening. Wish I hadn't its a mess. I hope it gets better than this. I don't think I realised just how bad my head injury was now I can see it clean. I feel lucky this evening to have not done worse after seeing that. I'll probably put something back on tomorrow before the kids see it.

Scrpit, Big boost in Halfords shares this week - anything to do with increased sales in helmets and bike repairs :-)

I am a walking advert for safety gear at the moment. Maybe I should sell my forehead on Ebay. Seems popular at the moment.

I'm all green on the Open by a heathly amount after laying Goosen twice. Such a wonderfull finish to the final day. I am going to leave it at that and watch the finale.

Scrip

not turned betfair on today as decided just wanted to watch the final round without trading. Woods has been awesome, but no one managed to mount a challenge to him which was disappointing.

Well done re Goosen

Would have been great for Monty to pull if off but with Woods in the lead never really looked like it.

Scrip

see the tie rules have caused some probs on the cricket again tonight.

Surrey vs Warks in 20-20 qtr final - official result is a tie (based on Duckworth Lewis) according to ECB. The tie is then decided on a bowl out (crickets version of a penalty shoot out) and Surrey proceed to the semis (after sudden death). There was no tie market on this match.

Despite the match being officially a tie, Betfair have paid out on a Surrey win.

Just to confuse the issue, on the televised match (Lancs vs Derby) there was a tie market - so on the basis of the Surrey game, how exactly could the Lancs game end in a tie???

ROFL, It's just not cricket is it. I have to say that it would seem sensible to add in all variations then its only the punters fault rather than all this finger pointing. What a mare.

New version of Bet Angel Professional is available from today.

From http://business.timesonline.co.uk/...

July 19, 2005

Beckham betting case dismissed
By Andrew Ellson, Times Online

The likelihood of David Beckham and his Real Madrid team mates names disappearing from betting websites has lessened after a decision in a French court

Gamblers who enjoy a flutter on Spanish football and, in particular, Real Madrid, can breathe a sigh of relief after a French judge dismissed an injunction to stop the use of the Spanish club and its players' names on bookmakers' websites.

Representatives of Real Madrid and its five most high profile galaticos - Ronaldo, Beckham, Raul, Zinedine Zidane and Luis Figo - argued that seven online bookmakers including Ladbrokes, Sportingbet and William Hill, should either pay a licence fee to use the names or stop taking bets on the club and its players.

In seeking the injunction, Jean-Luis Dupont, the lawyer who famously won the Bosman freedom-of-contract case and is representing Real Madrid, claimed the bookmakers were using the names for commercial reasons.

But the bookmakers, who worked together to stop the injunction, denied the allegation, arguing that the use of the club's name and listing of its players names in bets is factual reporting rather than promotional.

Real Madrid is very protective of the intellectual property rights of its top players, who include some of the world's biggest footballing stars.

It is unknown whether Real Madrid plans to continue to fight to stop the bookmakers. A full hearing to address the case was due sometime next year, but the decision to dismiss the injunction is a setback to the club and players.

A source close to the case said Real Madrid chose to fight the case in France, despite it representing only a fraction of the online gambling market, because of the countrys notoriously tough privacy laws.

Clive Hawkswood, a spokesman for the Assocation of Remote Gambling Operators, the organisation that represents leading online bookmakers, told Times Online that the case was important because if Real Madrid had won it could have set a precedent.

"This unusual case has seen Real Madrid and its Galacticos pursue legal action merely for the use of club and players' names in betting markets such as first goalscorer bets.

"If the injunction had gone against us it would have encouraged every other footballer and sportsman to take similar action.

"We hope this is the end of the matter."

Graham Sharpe, a spokesman for William Hill added: "We never believed we had a case to answer in the first place."

Afternoon All,

Its been unusually quiet here for the last couple of days. Anyway, thought I'd say hello to break silence.

I see that the Aussies are in deep s..t on 163 for 6 having been on 64 for 4 at one stage.

As I understand the weather may not hold? Makes the draw odds look good IMHO.

Kernow

this games only going to need approx 3 1/2 days play max to get a result. If you look at the stats a draw at Lords between these two sides should have been priced at approx 7-1 prior to the match. Less than halfway through the first days play Aussies are 8 wickets down - draw at 7.4 looks way too short to me (all imho as i laid the draw this morning)

178-8 and England have gone odds on. Will look to lay England at the start of their innings if still odds on as likely to lose a few wickets to the new ball imho

Been at the pub today and watched the cricket from there. Just a passive observer for the moment quite pleased with the performance till the news flashses started coming through.

Draw now 8.4/8.8 and still drifting

Fundy - thanks for the insights - Ah well - es la vida. All green anyway after England's early wickets but the draw is my most profitable result.

Aussies all out before tea and 5 wickets for Harmy.

Greened up my draw bet, layed Emgland at 1.8 but with a 15 tick stop loss