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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What a fab match to trade, Liverpool vs Kaunas

Laid Liverpool @1.19, Gerrard came on then backed them at 1.87 with the spare cash, 2 mins he scores price is 1.03 - Couldn't have written the script better.

Just nipped in to take out 1.03 and laid it off at 1.02 for 10k

Celtic 4-0 up 10 mins left. No team has ever saved a 0-5 first leg defeat in European football.

See vaughan is doubtful the test on thursday after being hit on the elbow at nets today - market reaction is to shorten Englands price lol

Scrip - well done BUT ITS STILL THE CRICKET SEASON!!!

"market reaction is to shorten Englands price lol"

LOL

2-0 Liverpool, 1.02 Lay still hadn't matched in full so well happy with the nights work.

Need the match to end now, currently only left with 11.61 in my account.

Scrip

had that feeling last weekend with the 20:20 finals - i had bought all the free money for a competed match but had to wait another 15 overs before i got my money back

Scrip

only 11.61 left in your account - perhaps you can appreciate how us paupers live!

betfair website down

For half an hour.

Anyone trading the newcastle game - theyve just gone 1-0 up after 40 minutes - current price of 1.49 looks short to me

1-1 after 44 minutes :-)

now 2-1 down and heading for the exit

With the number of bookings, this could end up a 5 a side game ;~)
All green, can't take any more excitement lol.

Missed the game as I promised to take the kids to the beach tomorrow so busy preparing for that. Will have a read up on it now.

Sealed, you didn't tell me you were on the BDP forum. Didn't know if you were bluffing on the other other board or not?

Scrip
Yes I'm a member of the forum, though I've never posted there. My reason for joining was that after scouring the betfair site it was the only place I found where you can get access to betfairs historical data.
Ive recently started using excel to record betfair data while an event is in play. My intention is to analyse after the event where I went right or wrong with my trading (more wrong than right at the moment :~) ) and hopefully have a better strategy for the next time. Im hoping the historical data will also aid me. But the sheer amount of data available has been rather daunting, which has meant that up till now Ive only been playing with the data.

Anyone getting involved with the test match be aware that McGrath is out injured which with a bit of luck should even things out a bit :-)