Scripophilist
- 27 Oct 2004 23:40

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
- 17 Oct 2005 14:40
- 5197 of 10502
Good trading conditions on the horses today.
Fundamentalist
- 17 Oct 2005 14:55
- 5198 of 10502
Cracking start to the day for me - they knew that Glacial Delight couldnt win - some big lumps desperate to lay it before the off!!!
Fundamentalist
- 17 Oct 2005 17:21
- 5199 of 10502
Anyone trading the horses betfair have screwed up settling the 4.30 so if your account balance looks wrong it is likely to be because of this. They were thrown by a late withdrawal and paid out on it as a loser rather than voiding as a non-runner, then when trying to correct have cancelled all settlements on the race.
There is a service announcement saying they are looking into it and will settle correctly asap
Scripophilist
- 17 Oct 2005 17:43
- 5200 of 10502
They must have been the only ones not to spot it! It turned 0.99 to -1.67 for me so no sleep lost over that! It was a large outsider anyhow I think.
An excellent day for me, obviously just one of those good days that comes along in a while. Looking forward to the inevitable bad day tomorrow.
ptholden
- 17 Oct 2005 17:50
- 5201 of 10502
Back into profit on the nags, although a phonecall during the last race, put me off my concentration and somewhat spoiled what was a reasonable day. Knew I shouldn't have answered it!
Scripophilist
- 17 Oct 2005 18:02
- 5202 of 10502
I never answer the phone during the horse racing, done it too many times and regretted it nearly every time.
The biggest problems for me are the kids and the wife. I tried to convince her to trade for me to help her understand what I was doing but she just can't see it. Her lack of interest is actually quite impressive and something I can clearly see in our relationship with close friends.
They can't believe I can make a regular income from 'gambling' on horses so they think is really a front for a porn empire. LOL!
I just keep quiet now and get on with it and scowl at any body that comes near my office between 2-5pm each afternoon.
ptholden
- 17 Oct 2005 18:48
- 5203 of 10502
Bloody hell Scrip, i thought you were running a porn empire! You mean you're not?
:-)
Fundamentalist
- 17 Oct 2005 19:44
- 5204 of 10502
Scrip
my dad came up at the weekend and i convinced him to sit with me at the machine until he realised that what i was doing was trading not gambling!!!
Mega Bucks
- 17 Oct 2005 19:47
- 5205 of 10502
What are peoples opinion on a company called Betonmarkets.co.uk and and is it worth opening a account with them ????
Many thanks
Mega...
Fundamentalist
- 17 Oct 2005 19:51
- 5206 of 10502
mega
never used them so cant comment im afraid
Scripophilist
- 17 Oct 2005 19:54
- 5207 of 10502
"my dad came up at the weekend and i convinced him to sit with me at the machine until he realised that what i was doing was trading not gambling!!! "
My dad can make a wicked dove tailed joint but put him in front of a computer and he finds another use for a hammer.
I've tried to explain to him the concept but all he does is drone on about how he came up with this marvellous double your stake after every loss system in the 1960's. I give up!
Fundamentalist
- 17 Oct 2005 20:06
- 5208 of 10502
My dad watched his dad gamble most of his money away over the years so is a little wary however he is also sport mad and likes a small bet occasionally. He understands odds and the principles but in his words "it all happens a bit quick doesnt it"
Scripophilist
- 17 Oct 2005 20:10
- 5209 of 10502
Arb city on the first five minutes of the Charlton and Fulham match.
Scripophilist
- 17 Oct 2005 20:11
- 5210 of 10502
Anybody with Bet Angel get over there and switch on the dutching tab. You'll make a fortune in minutes.
Mega Bucks
- 17 Oct 2005 20:20
- 5211 of 10502
Scrip,you have mail.
Scripophilist
- 17 Oct 2005 20:29
- 5212 of 10502
You have a reply
Scripophilist
- 17 Oct 2005 20:29
- 5213 of 10502
"Anybody with Bet Angel get over there and switch on the dutching tab. You'll make a fortune in minutes. "
Market went mad to all intents and purposes there for the opening ten minutes or so. No idea why.
Scripophilist
- 18 Oct 2005 16:30
- 5214 of 10502
That was wierd. 16:20.
50k in the book to back the 1.80 favourite was stopping it from drifting. Commentary was saying what the fav was useless. So I took a chunk and laid it off in running, 250-1 favourite won!
Fundamentalist
- 18 Oct 2005 16:48
- 5215 of 10502
Scrip
well done - it played up in the stalls and had no chance once they remounted but couldnt get a decent lay filled - grrrrrr
having a reasonable day, lots of small wins (no losses but no big winners either)
Notice the strange betting in the 4.30 - the joys of Barney Curleys horses - heavily backed, held up longer than believeable, backed in running at 25s and got up on the line. His horses are always worth keeping an eye out as usually large gambles/plunges and or strange betting patterns
Fundamentalist
- 18 Oct 2005 16:58
- 5216 of 10502
Scrip
you had a look at tonights footie - looks tricky though a few of the away teams appear reasonable value (Juventus, Werder Bremen)