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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


Scripophilist - 20 Sep 2005 21:25 - 4754 of 10502

I can't figure out what to make of the footy this evening. So made a few quid and will listen to the remainder.

Fundamentalist - 20 Sep 2005 21:31 - 4755 of 10502

Getting twitchy for me - Bham 2-0 up, West Ham have gone from 3-0 up to 3-2 and Portsmouth twice in the lead are 2-2 and have missed a penalty now.

What a mad game for Villa - 3-1 down now 7-3 up!!!

Edit West Ham now 4-2 up so should be safe in 2 of the games

Fundamentalist - 20 Sep 2005 21:31 - 4756 of 10502

LETS ALL LAUGH AT TOTTENHAM
LETS ALL LAUGH AT TOTTENHAM
LA LA LA LA

Scripophilist - 20 Sep 2005 21:33 - 4757 of 10502

Bakko, U greened up just in time!

Scripophilist - 20 Sep 2005 21:34 - 4758 of 10502

It was the Villa game that made me dip out this evening. Very difficult to figure out what will happen in these sort of games. So thought I would play safe.

Fundamentalist - 20 Sep 2005 21:37 - 4759 of 10502

Oh well

2 out of 3 and a small profit - would have had all 3 if Pompey hadnt missed a penalty

Scripophilist - 20 Sep 2005 21:38 - 4760 of 10502

3-8 to Villa, crazy.

bakko - 20 Sep 2005 21:40 - 4761 of 10502

Lucky escape by greening up at the right moment having been scalping the draw.

ptholden - 20 Sep 2005 21:48 - 4762 of 10502

scalped a bit off grimsby. had a silly idea to back them with ten mins to go, but after my charlton / chelsea idea, thought better of it. Oh well, made a profit.

pth

sealed - 20 Sep 2005 21:48 - 4763 of 10502

300k+ of the overall 405k bet on Grimsby was lumped on in the last 4 minutes. lol

Scripophilist - 21 Sep 2005 22:29 - 4764 of 10502

LOL!

Man City out to Doncaster, lost 3-0 on penalties after extra time.

WOODIE - 22 Sep 2005 17:58 - 4765 of 10502

anyone playing the golf tonight just backed love & perry they look good value as campbell might be suffering from last weekends win

Scripophilist - 22 Sep 2005 18:33 - 4766 of 10502

I'm going to have an early night the kids have all got colds so very tired this evening. Had an excellent day on the horses a clean sweep.

Scripophilist - 22 Sep 2005 18:36 - 4767 of 10502

Version ten of Bet Angel will be released early next week, it's been on test all this week. Will be recording videos for it tommorrow. Many, many new features, quite a few tweaks and tucks as well. Looking forward to bringing it to the market next week.

Fundamentalist - 22 Sep 2005 18:58 - 4768 of 10502

Scrip

today was the first full day ive had with the horses for a long while - had 1 loser but a very successful day though find myself scalping only on a lot of the races

Woodie

watching but not had a bet

Fundamentalist - 22 Sep 2005 18:59 - 4769 of 10502

Just looked at the golf, very little liquidity, will look and see if its picked up in an hour or so

WOODIE - 22 Sep 2005 19:03 - 4770 of 10502

has not really got going yet at this rate might follow scrip with an early night

sealed - 22 Sep 2005 22:54 - 4771 of 10502

Jonathan Woodgates first game back in over a year and he scores an own goal and gets a red card. What are the odds on that. lol

Scripophilist - 23 Sep 2005 10:38 - 4772 of 10502

It was an amazing performance, nobody else could have had such an impact for sure. The only thing missing was an injury but I am sure that will come.

Scripophilist - 23 Sep 2005 10:41 - 4773 of 10502

Betfair have published some material I handed over to them or at least their interpretation of it.

http://www.betfairpromo.com/tactemails/newmswe1.htm

Here is my original article published some time ago.

http://www.probabilitytheory.info/topics/efficiency_betting_market.htm
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