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

Peaks between 1-3pm it would seem.

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

Compound - where are you? London?

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

BBC1 weather:

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

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.

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

No change here, 29c and steady.

Price back into 1.10! What a great market!

Keep the updates coming guys.

Cheers

I'm off to the pub for an hour to test the temperature around the corner!

I'm 10 miles South of Cheltenham and we've had thin cloud over us for at least an hour. Temperature steady at 25C.

I have stopped trading and turned punter :-)

Thin cloud has just reached me, a few more miles and it will be over heathrow. 30c

Afternoon All,

Just joined in the fun with the top temp. Grabbed a few bites at 1.18

Its been peeing down in Wales .

Dil lol

1pm Heathrow recorded as 31C, cant see it reaching 34.5C now

It aint funny !

We saw the sun til about 10 and since then its been grey cloud as far as the eye can see and intermittent rain.

Bit humid though.

Cloudy and humid in Manchester - not raining YET though bound to at some stage lol.

Shame the last test isnt being played in Wales Dil :-) 5 days of rain with a heavy back of the draw will do me nicely

Steve, How's the house? Hope all is going to plan.

Hi Bak

House is getting there slowly - still stacks to do but it is liveable - we have a bedroom, my study a bathroom and a kitchen - the rest is all on catch up.

First day back at the screen today though may be the only one this week - cant believe im trading weather!!!!

Hows tricks with you? I think John is back Friday so we must sort out another night out

PS did murray win last night?

Steve,

Nice to know that your house is going well.

Things are OK this end. Betfair trading has been a bit slow recently - not finding decent opportunities or lost my edge? Wandering into spread betting footsie and dow over the summer with usual ups and downs.

As soon as John returns we'll grab a night out together.

Murray did win last night over 5 sets. Didnt see it but it was an epic match on one of the grandstand courts. Apparently, he even overcame injury and sickness on court!