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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


Piptrader - 17 Sep 2005 13:07 - 4685 of 10502

Fundy - mine's fine at the moment, but it frequently goes awol.

Same with the settings - constantly having to re-do and re-save them.

DocProc - 17 Sep 2005 13:14 - 4686 of 10502

Bakko

Thanks and much appreciated.

:-)

HelenW - 17 Sep 2005 14:38 - 4687 of 10502

Scrip, Thanks for the email and the reassurance1 Looking forward to the course. H

WOODIE - 17 Sep 2005 14:50 - 4688 of 10502

cant belive betfair has crashed for the 2 sat in a row got open postions lets hope they not cost me money

WOODIE - 17 Sep 2005 15:01 - 4689 of 10502

all up and running again

Scripophilist - 17 Sep 2005 15:52 - 4690 of 10502

I think I'll close out my Chelsea postion now.

WOODIE - 17 Sep 2005 16:02 - 4691 of 10502

scrip like wise closed out under 1.5 goals for 30% profit also closed the match outcome listing to 5 live cheldea should be in front crespo hit the post.

WOODIE - 17 Sep 2005 16:16 - 4692 of 10502

just in time scrip crespo just scored

ptholden - 17 Sep 2005 16:51 - 4693 of 10502

Well, that didn't work out too well. Should have listened to the advice from the experts. Steve, you were right about the unmatched lay bet, it had lapsed for some reason, not that it would have made any difference. Fortunately, my bet was but a tiddler so no harm done. Best I get on this course quick!!

Scrip

Congrats on the Eagle, hopefully we will see you at the MAM tournament next year and see more of the same.

Markus

What are you doing on this thread, you know you don't understand anything more complicated than 2+2. Oh, and your pay day was all of 50p, but I whooped your ass, so try and keep things in perspective.....................loser!! lol

pth

markusantonius - 17 Sep 2005 20:32 - 4694 of 10502

Pete,

Since this is a 'Betting Exchange' thread, I think The Shark is more than entitled to mention your 9th. straight loss on the golf course yesterday - whether it be 50p or 50. A win is a win and a loss is a loss, mate. OK.

Scripophilist, PTH keeps raving about your course and I am tempted myself. After all, anything which can help PTH to stop losing bets must be worth taking a look at! Of course you are more than welcome to join us for a round if you feel up to the challenge, sir...?

ptholden - 18 Sep 2005 01:26 - 4695 of 10502

Markus

Please take a reality check. 9th Straight loss? You are hardly going to make any dosh out of Betting Exchanges when you singularly fail to discriminate between winning and losing! One closest to the pin doesn't constitute a victory when you only managed to accumualte 24 pts on a straightforward course.

Scrip, if you fancy a laugh take markus up on his challange. if you want to retain your sanity, don't let him anywhere near your course!!

pth

WOODIE - 18 Sep 2005 12:03 - 4696 of 10502

cant find a clear cut betting stance on liverpool v man u see how the game pans out first

bakko - 18 Sep 2005 12:14 - 4697 of 10502

I agree, its too close to call. I'm sure Manu odds would be much shorter if Dudek was in goal!

markusantonius - 18 Sep 2005 12:44 - 4698 of 10502

Looking like a 6/4 draw at the mo, chaps...?

( and PTH - re: golf - stop exxagerating, mate, and like I always retort: "Show us your handicap cert.!" and then we'll see who the stats. say is the superior player? :o) Enough said! )

ptholden - 18 Sep 2005 13:02 - 4699 of 10502

Just trading a few ticks on the match. Started with the draw and have greened up at half time. Think Man U might get going a bit in the second half, although it's a fairly crap game.

bakko - 18 Sep 2005 13:18 - 4700 of 10502

This is a dull game......ZZZZZZZ

Doc and pth.. Thanks for replies. Glad you could make heads and tails of my email.

pth. In answer to your question. I don't think you can place bets during that small delay as it takes 5secs for the bet to be accepted by betfair.

If this game still remains scoreless with about 10-15 mins to go the draw odds will collapse very quickly. You should be able to nick some ticks on the draw.

bakko - 18 Sep 2005 13:59 - 4701 of 10502

What a woeful performance by both sides. Watching paint dry is more exciting!

Hope you all picked up plenty of ticks towards the end.

ptholden - 18 Sep 2005 14:06 - 4702 of 10502

bak

A very disappointing game. Scalped some ticks towards the end, so nicely in profit. Can't say I really cared about the game as I was more interested in watching the odds. Interesting to note that the odds shortened on corners and free kicks, offering an opportunity to nick a few more ticks (assuming the attacking side doesn't score of course!).

pth

WOODIE - 18 Sep 2005 14:07 - 4703 of 10502

onto another bolton v newcastle is it me but the matches this season so far have been poor quailty and not very exciting

markusantonius - 18 Sep 2005 14:10 - 4704 of 10502

Should've put some dosh where mouth was - the NW derby an abovious draw from the first whistle as we will ever get - both teams cancelling each other out! Pete, Where's that stuff you were going to fwd onto me?
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