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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
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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.

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Fundamentalist - 29 Sep 2005 17:11 - 4904 of 10502

nice to see greed pay off occasionally :-)

WOODIE - 29 Sep 2005 17:22 - 4905 of 10502

fundy not often enough in my case ?

bakko - 29 Sep 2005 17:31 - 4906 of 10502

Steve, Well done on the greed bit.

Jeffmack, I have telepathic qualities (or is it telepathetic).... ;-)

Fundamentalist - 29 Sep 2005 17:34 - 4907 of 10502

What a shocking own goal lol

WOODIE - 29 Sep 2005 17:36 - 4908 of 10502

spoke to soon lol

Fundamentalist - 29 Sep 2005 17:39 - 4909 of 10502

Woodie - you not traded out?

WOODIE - 29 Sep 2005 17:39 - 4910 of 10502

lost my bottle greened up

Fundamentalist - 29 Sep 2005 17:41 - 4911 of 10502

good job

WOODIE - 29 Sep 2005 17:55 - 4912 of 10502

thats hope the others tonight are as good as that one after the dull 0-0 last night that must have been one of the lowest traded matches when i looked just before kick off only 300k.
can someone explain when they is a goal why all unmatched bets are cancelled.

Fundamentalist - 29 Sep 2005 18:02 - 4913 of 10502

Woodie

they do so due to the large leap in prices that a goal causes. It stops people basically backing or laying at a false price if they are not sitting with their finger on the cancel button - some people like it some dont.

Was just looking at the Lens game and before i could take a position they were 2-0 up - doh.

Planning on backing Dnipro against Hibs

Can anyone explain to me why Everton are 1.67 to beat a side they lost 5-1 to in the first leg.

Fundamentalist - 29 Sep 2005 18:05 - 4914 of 10502

See there is a rumour that the game involving Roma will end 2-2 tonight.

Just checked the prices and 2-2 is trading at 4.9 - Roma won the first leg 5-1 the draw in the outright market is 3.25.

Tempting to back the draw and lay 2-2 - any thoughts anyone?

WOODIE - 29 Sep 2005 18:10 - 4915 of 10502

fundy the everton game was the only other one that i thought was a false price bookmakers give crap odds for home based teams as they know money will come in from mug punters the man u game the other night is a prime example bookies reported not much interest at 1/3 on but only a few moved the price to 2/5 .

WOODIE - 29 Sep 2005 18:15 - 4916 of 10502

fundy just checked prices for 2-2 vc bet have it at 4/1 but ladbrokes go 14/1 these are from oddschecker seems they is something in the rumour odds difference to large

Fundamentalist - 29 Sep 2005 18:16 - 4917 of 10502

Woodie

A lot of continental bookies have stopped taking bets on all accounts. Gonna log onto laddies quickly

Fundamentalist - 29 Sep 2005 18:19 - 4918 of 10502

Laddies appear to have withdrawn the game from their coupons online!!!

Fundamentalist - 29 Sep 2005 18:35 - 4919 of 10502

For anyone planning on trading tonight, if you have sky the following games are on:

7pm Sky 1 (106) Xanthi vs Middlesborough (Boro 2-0 up from 1st leg)
7pm BBC Scotland (941) Dnipro vs Hibs (0-0 1st leg)
8pm ITV2 (118) Everton vs Dinamo Bucharest (Dinamo 5-1 up from 1st leg)
8pm Eurosport (410) Marseille vs Germinal (0-0 1st leg)

WOODIE - 29 Sep 2005 18:39 - 4920 of 10502

fundy tried to get a price from tote s james hills 365 d/direct and bet fred all said not covering it only one said why that was b/fred due to large amounts being placed on the match it has been stopped

Fundamentalist - 29 Sep 2005 18:43 - 4921 of 10502

Woodie

the big question is is it for real or a hoax and someone is laying the short price happily? we'll find out later though tempted to back over 2.5 goals. If the game goes 1-0, 1-1, 2-1 i shall be laying the side leading 2-1

Fundamentalist - 29 Sep 2005 18:57 - 4922 of 10502

Laid boro at 2.74

Fundamentalist - 29 Sep 2005 19:06 - 4923 of 10502

Hibs 1-0 down already - nice and green start to the evening
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