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
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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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Not much more than a couple of weeks Bak.

Yep, The countdown has already begun here!

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

Now im green on deportivo - from a trading perspective then bring on the footie season

Newcastle sitting back and getting torn to shreds currently - wouldnt be surprised to see them lose by at least 2 if not 3 goals

Can't believe Celtic have crashed 5-0! I like Strachan but surely a huge disaster to recover from?

I layed Celtic :-)

I think Celtic laid themselves with that performance.

I was too busy on other things, What were the prices?

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.

OOps , Schalke just conceded one in 90th minute but still 2-1 up.

Free money on BB winning female - you can still lay any other which rekates to Orlaith - she has walked out this am

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)

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!!!

I'm no football manager but I suggest Celtic may have a problem in defense with nine goals conceded in two matches!

Scrip

not you as well - ITS STILL THE CRICKET SEASON NOT THE FOOTIE SEASON

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

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.

I'm astonished they raised 5m!!

http://www.moneyam.com/InvestorsRoom/posts.php?tid=5625#lastread

See my comments on the thread.

I've noticed the volume on smaller horse markets picking up nicely recently. Betfair must have been doing well lately with the volume going through them.