Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

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 - 14 Oct 2005 15:30 - 5149 of 10502

Quite a difficult race to call though with all the leaders in the field at similar prices.

Fundamentalist - 14 Oct 2005 21:34 - 5150 of 10502

Just nicked on to the rugby and laid Leicester at 1.03 - they are now 16-16 with 6 mins to go (and still odds on) - not green yet

Fundamentalist - 14 Oct 2005 21:36 - 5151 of 10502

draw odds against at 16-16 with 2 mins to go!!!

Fundamentalist - 14 Oct 2005 21:39 - 5152 of 10502

draw was at 1.25 when the match finished !!!! dont ever see that in football

Scripophilist - 14 Oct 2005 21:39 - 5153 of 10502

Well done, in contrast I am catching up on paperwork tonight!

Fundamentalist - 14 Oct 2005 21:41 - 5154 of 10502

i only turned over to see if the golf had started!!!!

dont envy you the paperwork - did mine last week

Dil - 15 Oct 2005 01:53 - 5155 of 10502

whats paperwork ?

:-)

Scripophilist - 15 Oct 2005 15:43 - 5156 of 10502

15:25 Strat - Valley Ride, Miles is the lead coming up to the line and heads to the paddock unseated rider. 42k turned over at 1.01 and 95-1 outsider comes in.

Was messing around in play and landed a bunch by getting matched at 95-1 a real fluke.

Fundamentalist - 15 Oct 2005 16:42 - 5157 of 10502

nice one scrip

give us the heads up next time youve got a 94-1 winner will you!!!!

Scripophilist - 15 Oct 2005 16:58 - 5158 of 10502

I don't know if you saw it but it was one of those once a year bizarre finishes to a race.

I see your cat would have been right to lay Arsenal again.

Premiership seems all but over now.

Scripophilist - 15 Oct 2005 17:01 - 5159 of 10502

Southampton draw their eighth game in a row. A remarkable and near on impossible feat. I reckon that's around a 15,000-1 shot.

ptholden - 15 Oct 2005 18:13 - 5160 of 10502

Think u should support another team Scrip! :-)

Scripophilist - 15 Oct 2005 18:15 - 5161 of 10502

Should have stuck a tenner on it!

ptholden - 15 Oct 2005 18:18 - 5162 of 10502

Suffered my first overall reversal on the horses today. Only betted on five faces, dutched the majority of one field, but as luck (poor trading?) would have it an outsider came romping in. Up overall on the day though, with a couple of wins on the footy and tennis.

Harlosh - 15 Oct 2005 18:39 - 5163 of 10502

Laid Middlesborough but wasn't quick enough to green up.

Had gone for a wander when Portsmouth scored

ptholden - 16 Oct 2005 11:07 - 5164 of 10502

Backed the 'Boro from the start (doh!), but managed to trade out and eventually ended up green on the draw.

ptholden - 16 Oct 2005 23:00 - 5165 of 10502

Well, just so no one can say I only post when I win. Had a real ' mare' (scuse the pun) on the nags today. Won on 14 out of 18 races, but the four losses far outweighed the wins in monetary terms. (Just to reinforce Fndy's point)

Engaged in a bit of successful arbitrage for the first time this evening on the snooker final. There was a book for the winner and also a different book for the match odds. Prior to Higins romping away with the match it was possible to make a few bob (literally!).

pth

Fundamentalist - 16 Oct 2005 23:12 - 5166 of 10502

Interesting golf in the US tonight.

Purdy was as low as 1.16 before choking, then Furyk went to 1.01 (150K at 1.01/1.02) and it has now gone to a play off between Furyk and Short

Im happy as laid purdy (but at far bigger than 1.16 and only for small stakes) but was away from the screen as would have laid furyk at 1.01 if had seen it - Short had to birdie and Furyk miss from 7ft for a play off - never a 100-1 shot

Fundamentalist - 16 Oct 2005 23:15 - 5167 of 10502

PTH

Tomorrows another day with regard to the horses! hope the hit wasnt too bad. Have a quick recap on the races you lost - is there anything you can do differently to avoid or minimise them in future.

If its any help, i personally find the horses far harder at the weekend (i find that there is more volume and less volatility most of the time) and to a degree tend to stick to midweek on the horses

Fundamentalist - 16 Oct 2005 23:39 - 5168 of 10502

Furyk beaten in play off after dumping it in the pond and the 1.01 backers burnt their fingers again
Register now or login to post to this thread.