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How to profit from Betting Exchanges (BEX)     

Scripophilist - 27 Oct 2004 23:40


ladder.gifBA_Logo.gif


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


WOODIE - 02 Sep 2005 11:19 - 4315 of 10502

what was the winning temp? also any tennis experts what chance murrey later on today

bakko - 02 Sep 2005 12:34 - 4316 of 10502

Woodie,

Murray is up against the Frenchman Clement later. Personally, its tough to call and I would wait to see how the match pans out before jumping in. Betfair has it at evens.
Clement isn't playing too well this year and is currently ranked 75 on the ATP listings. You can check out is full profile, activity and other stats at:

Clement's profile

Murray, on the other hand, has every incentive to win as he'll break into the top 100. He certainly has the crowd on his side as they've really taken to his attitude and fighting spirit. His biggest fan is McEnroe! He also had a very tough 5 setter the other day.

Scripophilist - 02 Sep 2005 12:51 - 4317 of 10502

Winning temp was <=94f

WOODIE - 02 Sep 2005 12:52 - 4318 of 10502

bakko,scrip thanks for info

Scripophilist - 02 Sep 2005 16:23 - 4319 of 10502

Chepstow abandoned after second fall in a week

RACING at Chepstow was abandoned on Friday after jockey Pat Dobbs was involved in a nasty fall from Roll The Dice in the opening "Brightwells" The Bloodstock Auctioneers Maiden Auction Stakes.

Dobbs was unseated from Richard Hannon's juvenile four and a half furlongs out in the one-mile contest and has been taken to the Royal Gwent Hospital in Newport, where he is conscious and lucid.

"Pat is OK but he has hurt his back, although he is talking," said Richard Hannon Junior.

Roll TheDice suffered a broken back after the incident and had to be put down.

The following race, the westcountryracing.com Affordable Racing Syndicates Claiming Stakes, was delayed as the stewards held an inspection and an inquiry with jockeys and trainers, after which the decision was taken to abandon the remainder of the card.

It is the second time a jockey has suffered a fall in the last five days at Chepstow after Sam Hitchcott sustained fractured ribs aboard Tetcott on Bank Holiday Monday in a similar position on the course.

WOODIE - 02 Sep 2005 16:26 - 4320 of 10502

scrip i dont feel to good i layed roll the dice not to be placed i like making money but not like that.

Scripophilist - 02 Sep 2005 16:40 - 4321 of 10502

It wasn't good was it. I think abandoning the meet was probably the right thing to do the jockeys probably were not going to want to race on it again.

WOODIE - 02 Sep 2005 17:27 - 4322 of 10502

i was watching at the races what i could not understand is why they took 30 mins to put the horse down this was from comments by matt c

compoundup - 02 Sep 2005 18:01 - 4323 of 10502

Scrip - re that Times article you linked on MOTD (BetAngel reference).

http://business.timesonline.co.uk/article/0,,8210-1759824,00.html

I read that as bad news for the old names: Ladbrokes, Hill, etc. and good news for traders on Betfair as punters migrate on-line bringing more liquidity.

I tried listening to williamhillradio.com while following a few horse races earlier this week and found them to be consistently about 45 seconds behind real time. If they think their clients will put up with that kind of service, they deserve what is coming to them.

Reminds me of that film The Sting :-)


WOODIE - 02 Sep 2005 18:43 - 4324 of 10502

compooundup iam the same as you with whill i thought it was my computer whats laughable is when they say hit the 1 key to place a bet when they are already running

B-P - 02 Sep 2005 21:15 - 4325 of 10502

...

Dil - 02 Sep 2005 23:41 - 4326 of 10502

Be aware that Attheraces on SKY is also delayed.

Scripophilist - 03 Sep 2005 08:32 - 4327 of 10502

Surely England footy team value at 1.44 today

WOODIE - 03 Sep 2005 11:42 - 4328 of 10502

scrip gone in big time for me ,above average stakes on an england win agree with you i thought they would be around 2/7 1/3 mark.dil do you know by how much apart from beeming picts to sat then back to your dish i thought it was a 10 sec delay if it is more then that unless you are all green you are at a disavantage.

Fundamentalist - 03 Sep 2005 11:50 - 4329 of 10502

Surely there is far more value in Italy at 1.64 to win at Scotland than there is in backing England to win at Wales at 1.41

DocProc - 03 Sep 2005 11:59 - 4330 of 10502

I'm in for England to win and with a biggish bet too.

I mean, let's face it, etc, etc. ;-)

WOODIE - 03 Sep 2005 12:08 - 4331 of 10502

fund agree with you but you have got to spread the risk in on italy as well,anyone thinking of betting on england go to william hill or vc bet as they are offering 4/9 at the moment which is better then the exchanges.

Fundamentalist - 03 Sep 2005 12:13 - 4332 of 10502

Anyone trading the cricket C&G final?

currently deliberating whether to lay off having backed Hampshire - any thoughts?

bakko - 03 Sep 2005 12:16 - 4333 of 10502

Agree with you guys on good value but only got 1.41. Will drip feed and average up on this as long as England doesnt score a quick goal.

Italy look good value too but then again they are in pole position and can afford to slip up.

Since the sat picture delay has been mentioned I thought I'd share with you all that a mate of mine was providing live commentary on several ManU games last season on his mobile phone to an "illegal bookmaking syndicate" in Hong Kong. Even though there's a delay on the phone, the 2 second or so gain on the pictures was enough for the syndicate to profit handsomely over the mug punters that they were dealing with.

My mate wasn't too generous in offering me with the full details but I know he made more than enough to pay for the season ticket a few times over! The commentary only lasted for half a dozen games so I assumed that the syndicate got taken out!

Fundamentalist - 03 Sep 2005 12:20 - 4334 of 10502

Bristol City odds on vs Colchester - Colchester all over them in the first 10 mins
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