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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


sealed - 10 Sep 2005 15:12 - 4563 of 10502

Same problem here. Lost my bet angel connection as well. Lucky its teatime at the oval ;~)

Fundamentalist - 10 Sep 2005 15:12 - 4564 of 10502

The difference between tie and draw in test cricket:

For it to be a tie the scores have to end level with the team batting 4th having been bowled out - has happened once i believe since test cricket started!!!

A draw is where there is not a conclusive result - ie the side batting 4th doesnt reach their target but arent bowled out (or it doenst even get as far as the 4th innings)

Is it just me or is betfair down?

kernow - 10 Sep 2005 15:13 - 4565 of 10502

...ah well - "Back to the Future" it is.

Dil - 10 Sep 2005 15:22 - 4566 of 10502

There are going to a lot of very p*ssed off punters if befair don't get the site up and running again very soon.

I was on the Norwich match and noticed it running slow but to crash on a Saturday afternoon defies belief.

Luckily I have no open bets.

sealed - 10 Sep 2005 15:25 - 4567 of 10502

The api back

sealed - 10 Sep 2005 15:29 - 4568 of 10502

.

bakko - 10 Sep 2005 22:40 - 4569 of 10502

If anyone's on the tennis there are unbelievable volumes on the Fed v Hewitt match.

If you're on Betangle, the graphs are picking people out there more than willing to lump on 50K+ on Fed at odds as low as 1.02!

Then again, Fed being 2-0 up in sets and 2-1 up in the 3rd set must be inspiring such people to have the confidence to do this type of backing.

bakko - 10 Sep 2005 23:07 - 4570 of 10502

These high roller backers must be having a few palpitations as its now 2-1 in sets to Fed with the odds at 1.10/1.11

Fundamentalist - 10 Sep 2005 23:34 - 4571 of 10502

Evening bak

watching the golf - let me know if it gos 2-2 ill turn over

but Agassi NEVER beats Federer

bakko - 10 Sep 2005 23:39 - 4572 of 10502

Hi Steve,

No need to turn over as Fed has just taken the match 3-1 in sets.

bakko - 10 Sep 2005 23:48 - 4573 of 10502

Just been checking Fed v Agassi head to head. Fed leads 7-3 but Fed has won their last 7 encounters. Last time Agassi took the glory was way back in 2002.

See link for full details.

Fed v Agassi head to head



bakko - 11 Sep 2005 13:12 - 4574 of 10502

Anyone on the cricket today?

With the Aussies still short of Eng's total and with 4 wickets remaining I don't think they'll be too far ahead by the end of their innings.

All Eng have to do is to occupy the crease for as long as possible. Easier said than done and I'm sure Warne will want his say. Even if it doesn't rain, Eng will be back in the pavillion as soon as the light is offered.

I'm still sticking to my Draw which is looking more and more likely.

Fundamentalist - 11 Sep 2005 13:38 - 4575 of 10502

Bak

green from yesterday and trying just to watch.

Big worry is we are going to struggle batting in these conditions this afternoon. Effectively becoming a 1 innings game - how are Aus 3.4 and England 8.6 just because they need to win - if its going to be a low scoring second innings could go either way

bakko - 11 Sep 2005 13:46 - 4576 of 10502

Steve,

Having seen the last few wickets go, I agree with you.

I'm nipping out soon so will have to green up. Not as high a green as earlier today but not complaining.


bakko - 11 Sep 2005 14:11 - 4577 of 10502

I green up and within 20 mins the draw odds shorten by over 20 ticks!....Doh!

bakko - 11 Sep 2005 14:14 - 4578 of 10502

I take that back as Warne has just taken a wicket.

Off out so catch up with you all later

HelenW - 11 Sep 2005 15:18 - 4579 of 10502

Thanks for post 4560 B-P. Have printed it in readiness! H

Fundamentalist - 11 Sep 2005 23:20 - 4580 of 10502

Bak

are you watching the final

Federer won the first, Agassi the second and brokrn Fed in the third

Fundamentalist - 11 Sep 2005 23:20 - 4581 of 10502

Fed now broken back

Fundamentalist - 11 Sep 2005 23:53 - 4582 of 10502

looks like itll be 3-1 federer
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