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How to profit from Betting Exchanges (BEX)     

Scripophilist - 27 Oct 2004 23:40


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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 - 03 Sep 2005 16:22 - 4351 of 10502

put in order for england at 4/6 that did not get matched if only they could have waited another 10 mins!

WOODIE - 03 Sep 2005 16:25 - 4352 of 10502

got a grip with the time to settle bets this afternoon on betfair had winnings on the 3.35 at srat settled at 4.21

Fundamentalist - 03 Sep 2005 16:36 - 4353 of 10502

Anyone know why the Sweden Bulgaria game hasnt gone in-play?

Scripophilist - 03 Sep 2005 16:41 - 4354 of 10502

Woodie there is a service message on Betfair about this, they had an IT issue.

Scripophilist - 03 Sep 2005 16:42 - 4355 of 10502

Just greened up on Over/Under 2.5 Goals so now green on this, match odds, correct score and ht/ft. I'll have a rest now!

Scripophilist - 03 Sep 2005 16:44 - 4356 of 10502

Fundy: -

Match is suspended because Betfair have lost their live feed.

Fundamentalist - 03 Sep 2005 16:45 - 4357 of 10502

First time ive seen this happen - this could cause real probs if you are planning to trade a game

Scripophilist - 03 Sep 2005 16:55 - 4358 of 10502

Big issue I agree, It happened once before to me but they re-opened the market when the feed returned but really they should void it if they can't get the market opened as described. Around 50% of volume is traded nowadays.

Scripophilist - 03 Sep 2005 16:55 - 4359 of 10502

I wish I lost the feed on the Wales match, a dreadful game.

Fundamentalist - 03 Sep 2005 17:00 - 4360 of 10502

Looks like Bell has injured himself in the 1 day final - lets hope hes all right for the test

Scripophilist - 03 Sep 2005 17:14 - 4361 of 10502

Just got out so some time to rest now. Looks like cramp.

Fundamentalist - 03 Sep 2005 17:15 - 4362 of 10502

Not unsure it wasnt a hamstring problem

WOODIE - 03 Sep 2005 17:30 - 4363 of 10502

traeted the wife to fish & chips on winnings on a serious note anyone backing england to win the world cup think again onto the scotland game.ps thanks scrip for info re betfair

DocProc - 03 Sep 2005 17:33 - 4364 of 10502

Phew! I breath a big sigh of relief.

What a rubbish game. I am beginning to have disbelief in Sven. IMHO he took off our best player (Sean Wright Philips). Joe Cole, Lampard and Gerrard did not play well and Rooney hardly got a touch to do anything with it from a scoring potential.

The players are mostly obviously very stressed - as I was watching it.

Beckham played well and comfortably as did Robinson and Rio Ferdinand. Wales were quite relaxed and their precision passing and receiving were far better than England's.

Perhaps this match should have been a draw?

Anyway, I won my bet. But I'm not a very happy bunny, really.

Scripophilist - 03 Sep 2005 17:45 - 4365 of 10502

Good start from Scotland. I am not opposing them on the basis of Italy's performance in Wales a while back. They don't like fighters.

Fundamentalist - 03 Sep 2005 17:46 - 4366 of 10502

Got caught trading the cricket and missed the start of the scotland v italy game - as i turned over the scots scored - phew!!!!!!!!!!!!!!!

may look to get in now once the prices settle

Scripophilist - 03 Sep 2005 17:49 - 4367 of 10502

Just picked up Scotland at 4.00 when the market reopended, stupid price. Have laid off back into the market and now green.

Fundamentalist - 03 Sep 2005 17:51 - 4368 of 10502

scrip - youve faster fingers than me - i saw it but missed it lol

ptholden - 03 Sep 2005 17:51 - 4369 of 10502

Backed Scotland 5 mins after the start, now greened up. First time I have ever been happy to see Scotland score!!

Fundamentalist - 03 Sep 2005 17:54 - 4370 of 10502

Cricket getting interesting - huge slide in warwickshire price - pretty even now with 10 overs to go - prefer to be with the fielding side in situations like this
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