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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 - 29 Sep 2005 22:08 - 4933 of 10502

Evening pth - if youd seen either of the middlesborough or marseilles games youd be an ardent 0-0 backer!!!!!

ptholden - 29 Sep 2005 22:10 - 4934 of 10502

Fundy

lol, perhaps there is something in backing these 0-0 draws?? :-))

pth

HelenW - 29 Sep 2005 22:13 - 4935 of 10502

pth, it was nice to meet you at the course. Pity I had to rush off, but had to be back here by 8pm. Good course and I will now try a few small trades. My RIO came right in the end, so feeling a lot better now! H

ptholden - 29 Sep 2005 22:17 - 4936 of 10502

H

Likewise. Pleased you got out of that RIO trade in one piece. We'll probably see a lot more of you on this thread now!!

pth

WOODIE - 30 Sep 2005 09:46 - 4937 of 10502

just a small tip to all you like backing the 0-0 draw without trading out of the position, look at the first goalscorer odds as most bookies do not have own goal and the odds most of the time the same as backing the 0-0 if there is an own goal you lose on 0-0 butfirst check with with the bookie to make sure the above apply.just checked for the liverpool v chelsea match on sundaythe tote are 7/1 best price for 0-0 and the same in the first goalscorer .

bakko - 30 Sep 2005 11:24 - 4938 of 10502

Morning All,

Nice to see everyone doing well last night.

John, Thanks for another great night out and I'll send you the stuff we chatted about in due course.

Steve, Sorry you couldn't make it but you'd have enjoyed the place we were in. We didn't quite manage to break their bank but had a damn good go. Will definitely arrange another outing there as soon as I get back

ptholden - 30 Sep 2005 12:05 - 4939 of 10502

Well, got the pro version today, so hopefully will be able to do some proper trading on the nags this afternoon. Looking forward to it.

pth

Scripophilist - 30 Sep 2005 12:26 - 4940 of 10502

Best of luck Pth, I'm stuck in London till Monday so I won't be in the market today, should give you some extra room in there!!

Just remember to start small and build your confidence from there.

WOODIE - 30 Sep 2005 12:31 - 4941 of 10502

pt good luck

Harlosh - 30 Sep 2005 12:43 - 4942 of 10502

Bak, thanks to you for another great night. Look forward to doing it again soon.

Steve, great venue for both food and the tables. Hope you can make it next time.

sealed - 30 Sep 2005 12:58 - 4943 of 10502

Scrip
Just tried to download the raw avi file from ba pro, but get 'page not found'

As it's 65mb, can we expect to hear you doing an Adam Todd impersonation? LOL

ptholden - 30 Sep 2005 12:59 - 4944 of 10502

Thanks scrip, no worries. Not going to go mad. Recieved my logon, but no password so have emailed support. Hopefully it will come today.

pth

ptholden - 30 Sep 2005 13:01 - 4945 of 10502

thanks woodie

Fundamentalist - 30 Sep 2005 13:53 - 4946 of 10502

Catch the Perk a beauty of a drifter in 2.00 at Hexham to start the day

WOODIE - 30 Sep 2005 14:00 - 4947 of 10502

fundy lol i laid it and greened up

Fundamentalist - 30 Sep 2005 14:02 - 4948 of 10502

Hexham - racing delayed due to "medical arrangements"

Woodie - layed at 2.02 and backed at 2.48 :-)

Fundamentalist - 30 Sep 2005 14:02 - 4949 of 10502

Jockeys down at the post at Hexham have now dismounted

ptholden - 30 Sep 2005 14:05 - 4950 of 10502

up and running now on Pro version. Just making sure I'm au fait with the charting software before I get too serious. Caught a bit of the Perk, so greened up for a win of 4p. LoL

pth

WOODIE - 30 Sep 2005 14:06 - 4951 of 10502

there was a piece about drifters and horses being backed on atr they stated over the last 5 years you are better off backing horses that drift in the market then backing the steamers.

WOODIE - 30 Sep 2005 14:08 - 4952 of 10502

fundy not as good as you laid at 2.04 and backed 2.3 also laid it not to be placed its a free bet
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