Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

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


bakko - 21 Jul 2005 16:07 - 4061 of 10502

Why oh why did I not green up LOL

Scripophilist - 21 Jul 2005 16:25 - 4062 of 10502

Nothing like snatching defeat from the jaws of victory is there. I obviously drunk too much for lunch so am avoiding trading this afternoon adn will just watch the cricket. Sorry, I meant the England collapse.

Fundamentalist - 23 Jul 2005 13:48 - 4063 of 10502

Cant believe that at the start of the England innings the Aussies are available at 1.20 - wouldve thought 1.07 would be about the right price. England would have to break the world record score to win a test match to win or last 8 sessions (less those where it rains). The price is that the Aussies would only win 5 times out of 6 from this position

Fundamentalist - 23 Jul 2005 14:11 - 4064 of 10502

England 11-0 are now as short as 8.0 to win - would they seriously win from here 1 time in 8 - personally dont think theyd win once in 100 goes. Have lumped on Australia

Fundamentalist - 23 Jul 2005 16:42 - 4065 of 10502

Aussies drifted to 1.5 during englands opening stand of 80ish - possibly the most patriotic biasing of a price i have seen in a long while. I lumped on at 1.29 then went out for a few hours - came back England are 4 down and the Aussies are 1.06

Harlosh - 23 Jul 2005 17:38 - 4066 of 10502

Nice one Steve. Haven't been on the game myself. Good to read your analysis though as I am unsure how to trade the cricket. Not that well up on the game really. Perhaps after reading more of your thoughts I might get to do my own analysis. Keep up the good work.

Fundamentalist - 23 Jul 2005 19:12 - 4067 of 10502

Cheers John

most of it is just my gut reaction have played and watched a lot of cricket over time. as far as the ashes go - i always felt the worst thing possible for England was playing the first test at Lords - much rathered it be at Edgbaston or Headingly where it would suit England more than Australia and where we have a good recent record.

Man for man they are a better side than we are though we are close enough to be competitive i will be surprised if we sustain it for long enough periods to win the series. We probably have the edge in the fast bowling dept (despite them having McGrath) but the difference between Warne and Giles as spinners is immense. As far as the batting goes they have a lot more experience than us (only Clarke of their top 7 hasnt scored a 100 against England and he made 91 yesterday - Only Vaughan of ours has scored a 100 against the Aussies).

Also there is still a big gap in the fielding ability of the two sides - in this game England have dropped 6 simple chances whilst the Aussies have dropped none and caught 3 stunners - over a game thats a difference of 9 dismissals!!!!!

Good to see Pieterson getting runs, bad to see Thorpe not playing - the one player the Aussies fear we leave out (id have picked him in front of Bell)


Assuming the weather holds I am expecting the Aussies to win 4-1 (we may restrict it to 3-2 if we are lucky) though as the series goes on very late in the summer there is likely to be some rain affected games which may reduce the final score to 3-0/3-1 though it is likely that more than a whole days play willl have to be lost for their to be a draw in this series.

Fundamentalist - 24 Jul 2005 12:32 - 4068 of 10502

Glad I greened up yesterday afternoon (just before flintoff was out so good price but not the best at 1.07). Been raining all day at Lords and forecast looks like no play today and likely to be more rain tomorrow. Currently 1.46 Aussies/3.35 Draw - if no play at all today would expect draw to shorten further to approx 2.5 if tomorrows forecast doesnt change.

Kernow - hope youve kept your draw bet running :-)

Fundamentalist - 24 Jul 2005 12:38 - 4069 of 10502

Weather forecasts look grim for the Aussies :-)

http://www.met-office.gov.uk/weather/europe/uk/radar/#top

kernow - 24 Jul 2005 19:41 - 4070 of 10502

Fundy - I was green on draw and the aussies so a modest result. Onwards and upwards.

Harlosh - 27 Jul 2005 13:37 - 4071 of 10502

Roll on the footy season.

Fundamentalist - 27 Jul 2005 14:21 - 4072 of 10502

Anyone having probs with betfair not refreshing properly this afternoon ?

John - give it a rest - the footie season has only just finished - its cricket season!!!

Scripophilist - 27 Jul 2005 15:29 - 4073 of 10502

No problems over here today.

Harlosh - 27 Jul 2005 16:05 - 4074 of 10502

Saturday 13th August first premiership games.

Not a minute too soon Steve. Lol.

Fundamentalist - 27 Jul 2005 16:35 - 4075 of 10502

Still be three test matches to play - footbal shouldnt start till late september lol

bakko - 27 Jul 2005 17:02 - 4076 of 10502

Harlosh, I second your words re the football. Can't wait for it to start!

Since Wimbledon finished I've been rather quiet on Betfair. Got clobbered on the open golf and not been too hot on the cricket.

Resorted to spread betting the dow and footsie with moderate success over the last 2 weeks

Harlosh - 27 Jul 2005 17:17 - 4077 of 10502

Not much more than a couple of weeks Bak.

bakko - 27 Jul 2005 17:25 - 4078 of 10502

Yep, The countdown has already begun here!

Fundamentalist - 27 Jul 2005 20:02 - 4079 of 10502

For those of you desperate for the footie - are you trading Deportivo vs Newcastle in the inter two bob cup?

trading Warwickshire vs Kent myself

Fundamentalist - 27 Jul 2005 20:16 - 4080 of 10502

Now im green on deportivo - from a trading perspective then bring on the footie season
Register now or login to post to this thread.