Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

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


Scripophilist - 05 Sep 2005 16:33 - 4431 of 10502

LOL! You are right is was worth it.

Seems large payoffs are an accidental consequence of the feature. Newc 16:30 if any of the four rank outsiders come in I will be at least 130 better off and at best 300 with no downside.

Fundamentalist - 05 Sep 2005 16:37 - 4432 of 10502

scrip

not worth trying to lay off in running ?

Scripophilist - 05 Sep 2005 16:59 - 4433 of 10502

Good idea!

Scripophilist - 05 Sep 2005 20:56 - 4434 of 10502

Big volume on the Agassi Tennis match this evening.

Fundamentalist - 05 Sep 2005 21:27 - 4435 of 10502

Big swings on the cricket tonight

Scripophilist - 06 Sep 2005 23:14 - 4436 of 10502

Made a bit of a hash of the US Open tennis this evening but managed to escape level. I called every move right, unfortunately in the wrong direction though!

ptholden - 07 Sep 2005 07:13 - 4437 of 10502

Nice little profit on the U21 Ger v Eng. Backed the draw, greened up after England equalised.

Scripophilist - 07 Sep 2005 09:23 - 4438 of 10502

Report on the Federer match last night.

http://news.bbc.co.uk/sport1/hi/tennis/4220814.stm

ptholden - 07 Sep 2005 09:28 - 4439 of 10502

Anything on that one Scrip?

bakko - 07 Sep 2005 09:47 - 4440 of 10502

I was on the Fed match last night. Massive volumes and I got quite nervous waiting for my orders to get filled. At some moments volumes were over 150K per tick and I had no idea where I was in the queue!

Just pleased as a Fed win was what I was looking for.

Looking at the footy tonight, Italy looks good value. They slipped up against the Scots and with Norway breathing down their necks and fav to beat Scotland can't afford to slip up again

Scripophilist - 07 Sep 2005 10:07 - 4441 of 10502

Volumes were massive on the Tennis, I don't know if you noticed Bakko but there was somebody throwing around quite a few k a time quite regulary. The volume bars on Bet Angel show those sorts of orders up a treat. It's interesting to watch that activity. I sensed the market was nervous as it was flip flopping quite a bit at the start of each game.

When Federer was almost broken in the third set his price shot right out to 1.30 and I think itchy fingers were at play. From 1.03 at the start of the second set to 1.30 without that critical break was way too much IMHO. I was pretty nervous at that point but backed him in from saving those break points.

Scripophilist - 07 Sep 2005 10:11 - 4442 of 10502

Cantor spreadfair have messed up the Azerbaijan v Austria game. Currently the odds and prices are inverted for some reason. Azer are the red hot favourites. You may want to take up some of that. Don't know if they will void or dispute it as it is supposed to be an exchange but definately wrong for sure.

bakko - 07 Sep 2005 10:46 - 4443 of 10502

Scrip, You were brave to back Fed at 2 break pts down. Good call!

Re, the massive volumes, there was a guy a couple of weeks back on the forum bragging about his ability to make loads of dosh on a regular basis by backing Fed at low odds with 40K. Looks like he was around. I'm sure the colour of his underwear changed a few times last night!

bigbobjoylove - 07 Sep 2005 11:44 - 4444 of 10502

alot of dangers risking 40000 if there's an injury/retirement.

Fundamentalist - 07 Sep 2005 14:17 - 4445 of 10502

Scrip

if youre about could you drop me a quick call - have left a message on your answer machine

Fundamentalist - 07 Sep 2005 17:19 - 4446 of 10502

Scrip

ignore earlier message - all sorted now - will try and get in touch re betangel later in the week or early next.

Anyone trading the football today? Norway, Sweden, Spain and Italy all appeal to me as back to lay bets. 2.24 about France in Ireland looks way overpriced to me too

Currently watching the Austria game - they have made 7 changes to the team that lost to Poland, arent playing well yet their odds have shortened since kick off.


Scripophilist - 07 Sep 2005 17:55 - 4447 of 10502

Hi, Sorry been running around all afternoon and only just picked up the message. Glad you are sorted. I haven't used it for ages.

Just going to have a look at the football.

WOODIE - 07 Sep 2005 18:30 - 4448 of 10502

trying to get 8/11 on betfair for spain this is the only one i feel confident with looked at france they can not afford to lose have not bet on this match as it is to close to call .

Scripophilist - 07 Sep 2005 18:49 - 4449 of 10502

Ok, Best bet for me, Lay england!

If you can get 1.21 after five minutes the price should have drifted to 1.22, 1.23 after 8 minutes or so.

The draw will crossover the England win around 65-70 mins. If a draw the price on NI will come in slightly till 55 mins then fall away in a steady fashion.

Fundamentalist - 07 Sep 2005 18:58 - 4450 of 10502

Scrip

Have to say im looking to bet large on England - NI are awful - were not great but far too good for NI
Register now or login to post to this thread.