Scripophilist
- 27 Oct 2004 23:40

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.
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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
Fundamentalist
- 27 Jul 2005 20:17
- 4081 of 10502
Newcastle sitting back and getting torn to shreds currently - wouldnt be surprised to see them lose by at least 2 if not 3 goals
Dil
- 27 Jul 2005 21:04
- 4083 of 10502
I layed Celtic :-)
Scripophilist
- 27 Jul 2005 21:07
- 4084 of 10502
I think Celtic laid themselves with that performance.
Scripophilist
- 27 Jul 2005 21:07
- 4085 of 10502
I was too busy on other things, What were the prices?
Dil
- 27 Jul 2005 21:17
- 4086 of 10502
Just checked and I didn't lay them but backed the other team at an average of 2.14 and layed at an average of 1.10.
Also won on Malmo , Schalke and now green on Newcastle.
Dil
- 27 Jul 2005 21:18
- 4087 of 10502
OOps , Schalke just conceded one in 90th minute but still 2-1 up.
Fundamentalist
- 30 Jul 2005 11:16
- 4088 of 10502
Free money on BB winning female - you can still lay any other which rekates to Orlaith - she has walked out this am
Fundamentalist
- 30 Jul 2005 13:47
- 4089 of 10502
Been free money on the cricket this am
20:20 is a completed match after 5 overs of the second innings - started raining after 10 overs of the second innnings so the market should already be settled as the result is know but still managed to get some 1.01 and 1.02 - good when people dont understand the rules lol - worth watching as more money keeps becoming available (ive had all my account will allow)
Fundamentalist
- 30 Jul 2005 17:10
- 4090 of 10502
More free money on the second game - someone left 1700 at 1.01 a completed match into the 5th over of the second innings - im most grateful!!!
Scripophilist
- 30 Jul 2005 20:25
- 4091 of 10502
I'm no football manager but I suggest Celtic may have a problem in defense with nine goals conceded in two matches!
Fundamentalist
- 30 Jul 2005 21:53
- 4092 of 10502
Scrip
not you as well - ITS STILL THE CRICKET SEASON NOT THE FOOTIE SEASON
sealed
- 01 Aug 2005 16:25
- 4093 of 10502
Is this the first time a bookie has openly admitted they hedge their bets on Betfair?
29 July 2005
ubet2win plc ('ubet2win' or 'the Company')
strikes deal with Betfair
ubet2win, which commenced trading on AIM last Thursday, July 28th, announces
that it has signed a contract with the betting exchange expert Betfair, which
will enable its clients to bet on a number of sports under the ubet2win name.
The contract is a Commercial API License which allows ubet2win to access the
Betfair API (Application Programming Interface) to manage its business more
efficiently and profitably.
The deal will also enable ubet2win to place and hedge its own bets via the
Betfair API.
ubet2win chief executive Gerry French said: 'We are delighted to announce such a
striking deal. Betfair is an acknowledged leading expert in its field and this
agreement will be of great benefit to both companies.
'It means we have got off to a cracking start in developing our strategy
designed to offer our clients the best service available in on course and
internet betting'.
Betfair Head of Product Development Tom Johnson said: 'The API is a powerful
software interface that gives bookmakers like ubet2win tremendous new
opportunities.'
For further information:
Gerry French, Chief Executive Officer
ubet2win plc 07818 453995
Roland Cornish
Beaumont Cornish Limited 0207 628 3396
This information is provided by RNS
The company news service from the London Stock Exchange
CZGGZNLLZGKZM
Scripophilist
- 01 Aug 2005 18:00
- 4094 of 10502
Several others do so also. I think it's quite funny. I research the company and thought, oops, no business model.
They have stand at several local courses. Most of the on course bookies now hedge on Betfair. You can see the orders going through the market.