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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 - 03 Oct 2005 14:30 - 5005 of 10502

Was gonna let it run but green at 6.0

Fundamentalist - 03 Oct 2005 14:31 - 5006 of 10502

Good to see the trainer knows nothing as it wins - glad i traded out now

Fundamentalist - 03 Oct 2005 14:33 - 5007 of 10502

just had a look at the rest of this afternoons cards - most races favs are 6+ - gonna get on with some painting!!!

Scripophilist - 03 Oct 2005 14:48 - 5008 of 10502

Yeah, the racing looks poor today.

You have a solution now for days like this, we just added a manual & automated dutching and bookmaking function to Bet Angel. This will arb or create a book for you. So if the trading is no good just arb or make a book instead.

Scripophilist - 03 Oct 2005 15:58 - 5009 of 10502

Version ten also now has fully automatic trading functions as well.

Fundamentalist - 03 Oct 2005 16:17 - 5010 of 10502

Scrip

that would mean i never have an afternoon off and the the house never gets finished lol!!!

Scripophilist - 03 Oct 2005 16:47 - 5011 of 10502

Steve, Exactly what is a banded race? All I see today and large fields and low quality.

Fundamentalist - 03 Oct 2005 16:56 - 5012 of 10502

Spot on scrip

large fields with the worst available horses, based on a regional basis - ie the fields are all local runners

Scripophilist - 03 Oct 2005 17:48 - 5013 of 10502

Did OK, but a long way short of a good day. Managed to turn a profit on 15 out of 16 races in the end. I am out of the office again tomorrow but back on Wednesday so looking forward to a better card then.

B-P - 04 Oct 2005 21:58 - 5014 of 10502

Scrip,

Your new automated dutching and bookmaking function on Bet Angel is just
........................ BRILLIANT ...............................
Congratulations to ALL that help develop this new function.
When will it be available for download ???

HelenW - 05 Oct 2005 11:23 - 5015 of 10502

Scrip, Thanks for the email - I seem to have missed details of the Betangel offer which finishes on Friday. Can you tell me what it is. Thanks

compoundup - 05 Oct 2005 11:42 - 5016 of 10502

Helen - ssssh ! Delete that post and send him a pm instead :-) Edward

B-P - 05 Oct 2005 12:22 - 5017 of 10502

Scrip,
so you are now giveing discount to the ladys (wonder what Mrs. W will think about that ???)

B-P - 05 Oct 2005 12:24 - 5018 of 10502

comp ,
To late for delete :)

HelenW - 05 Oct 2005 12:28 - 5019 of 10502

Comp, have sent internal mail. H

sealed - 05 Oct 2005 12:29 - 5020 of 10502

B-P
The current version v1.0.10 has auto dutching & bookmaking. I've been practising this morning using the new functionality on the cricket.

Scripophilist - 05 Oct 2005 12:32 - 5021 of 10502

I usually offer something for course attendee's. I never used to talk about the software at the course but lots of people want to see it now so it's inevitable that I end up running through of some of the features.

I'll drop you an email Helen.

Just watching the early activity on Skyelady at the 13:50

B-P - 05 Oct 2005 12:49 - 5022 of 10502

sealed,
Thanks, must have missed new download for auto dutching & bookmaking last night but will have a look now.

Scrip,
Was only pulling your leg about discount :) :) :)

Scripophilist - 05 Oct 2005 14:15 - 5023 of 10502

200-1 outsider wins the 14:10

A sellers race, No bids for the winner I should think!

Scripophilist - 05 Oct 2005 15:27 - 5024 of 10502

Betfair down by the look of it.
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