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How to profit from Betting Exchanges (BEX)     

Scripophilist - 27 Oct 2004 23:40


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Scripophilist - 31 Aug 2005 11:57 - 4271 of 10502

Panic seems to have set in on the markets, now at 1.14. The book keeps going underround as well, I am having a great time over here.

WOODIE - 31 Aug 2005 12:02 - 4272 of 10502

scrip what is underround?

Fundamentalist - 31 Aug 2005 12:06 - 4273 of 10502

Scrip

thanks for the heads up on this

Woodie

underround is where the total martket adds up to less than 100% so if you back every event in the right proportions you will show a profit

100% = perfect market
>100% = margin in favour of layer
<100% = margin in favour of backer

compoundup - 31 Aug 2005 12:10 - 4274 of 10502

...and now <94 is coming in again - this is fun

WOODIE - 31 Aug 2005 12:11 - 4275 of 10502

thanks for info

Scripophilist - 31 Aug 2005 12:14 - 4276 of 10502

Started at 1.01, went out to 1.14 and now back to 1.06.

28c and steady over here.

Fundamentalist - 31 Aug 2005 12:16 - 4277 of 10502

Appear to be quoting a max of 32C which is just under 90 on boith met office and beeb sites. Managed to take some at 1.10 and trying to get some more at 1.09

Scrip - is that you laying off at 1.07?

Fundamentalist - 31 Aug 2005 12:17 - 4278 of 10502

Filled at 1.09 :-)

Scripophilist - 31 Aug 2005 12:30 - 4279 of 10502

I'm square other than over 97f

As the day progresses the odds should shorten as the temperature gets more certain.

Some links: -

http://www.metoffice.gov.uk/weather/europe/uk/obs/latest_obs.html

http://www.bbc.co.uk/weather/ukweather/southeast/

Fundamentalist - 31 Aug 2005 12:35 - 4280 of 10502

Taken some more at 1.12

Scrip - seem top be the 2 links ive been using :-)

Fundamentalist - 31 Aug 2005 12:40 - 4281 of 10502

According to met office temp at heathrow has now reached 30C - long way to 34.5C which is what it needs to be to get to the next band and then C for the followinbg band

Fundamentalist - 31 Aug 2005 12:40 - 4282 of 10502

According to met office temp at heathrow has now reached 30C - long way to 34.5C which is what it needs to be to get to the next band and then C for the followinbg band

Scripophilist - 31 Aug 2005 12:44 - 4283 of 10502

Just saw that, I am just SW of Heathrow and its 29c here and steady at the moment.

http://www.metoffice.gov.uk/weather/europe/uk/obs/heathrow.html

Scripophilist - 31 Aug 2005 12:44 - 4284 of 10502

Peaks between 1-3pm it would seem.

compoundup - 31 Aug 2005 13:07 - 4285 of 10502

Clouded over here. Might be time to take whatever is available (odds-on <94)

Fundamentalist - 31 Aug 2005 13:16 - 4286 of 10502

Compound - where are you? London?

Fundamentalist - 31 Aug 2005 13:21 - 4287 of 10502

Some good old fashioned ramping going on on the Forum and the price is drifting. Met office site doesnt appear to be updating hourly :-(

Fundamentalist - 31 Aug 2005 13:30 - 4288 of 10502

BBC1 weather:

"temp already upto 30C and forecast 32C later could even hit 33C or 34C" - price drifting heavily

Scripophilist - 31 Aug 2005 13:36 - 4289 of 10502

1.30 for lower than 34.44c looks pretty generous. Quite a bit of panic going on in there. I think my lower than 36.11c is pretty safe.

Seen some 10k and 50k volumes in there.

Fundamentalist - 31 Aug 2005 13:37 - 4290 of 10502

temp stayed flat at 30C from 11am to 12 in Heathrow according to met office
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