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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


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

WOODIE - 23 Sep 2005 11:24 - 4774 of 10502

scrip excellent stuff thanks for insight one of my betting fads is to lay odds on shots not to be placed

Kayak - 23 Sep 2005 12:34 - 4775 of 10502

I read that a few minutes ago and thought of you Scrip. Personally I would have been cross. "How did we work this out?", "We looked...", "We took..." etc. !! There is a difference between forgetting to credit research and making it look like it was their own!

Fundamentalist - 24 Sep 2005 14:16 - 4776 of 10502

Betfair just gone down on me for 5 minutes - gonna give up on saturdays till they get it fixed

Fundamentalist - 24 Sep 2005 14:28 - 4777 of 10502

Anyone else having probs with betfair?

WOODIE - 24 Sep 2005 14:39 - 4778 of 10502

fundy me to its getting regular now for sats

Fundamentalist - 24 Sep 2005 15:02 - 4779 of 10502

Notice on the betfair sites that the 3pm kick off games in the premiership will not go in play:

Chelsea v Aston Villa
Man Utd v Blackburn
Newcastle v Man City
West Ham v Arsenal

If anyone has backed prior to kick off with a view to laying off then you need to close before kick off

Fundamentalist - 24 Sep 2005 15:04 - 4780 of 10502



Betfair Soccer 24 Sep 15:03


None of the 15:00 English Premiership games will be reopended at half-time




sealed - 24 Sep 2005 15:10 - 4781 of 10502

Just 15 minutes notice from betfair is a bit of a joke. Lots of very ticked off punters on the soccer forum

Fundamentalist - 24 Sep 2005 15:26 - 4782 of 10502

Now 3pm has come and gone and they have not turned the footie in play the site seems to running better

As you say sealed, a lot of very unhappy punters at the moment. In future if looking to trade the footie, i plan to check service announcements and the forum to check going in play

Scripophilist - 24 Sep 2005 15:41 - 4783 of 10502

It's a total mare. The only issue they could have is load and / or pictures. I reckon at least 50% of people use the market to trade out in play so they are going to get a load of stick for this and rightly so.

WOODIE - 24 Sep 2005 15:44 - 4784 of 10502

i was one lucky my biggest bet is on bolton to beat portsmouth which looks like it will be inplay

sealed - 24 Sep 2005 15:57 - 4785 of 10502

4 prem games going in play for the 2nd half

Scripophilist - 24 Sep 2005 16:18 - 4786 of 10502

We are introducing a Betfair performance measure to Bet Angel next week that will give you a good idea of the load and Betfair's ability to cope. It should also help you maximise your system performance and communications with Betfair.

Fundamentalist - 24 Sep 2005 16:23 - 4787 of 10502

Scrip

it appears just leave the site alone between 2pm and 3pm on a saturday
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