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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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Harlosh - 27 Oct 2005 21:15 - 5360 of 10502

Murray through again.

Made a little on the back of him.

Fundamentalist - 28 Oct 2005 15:51 - 5361 of 10502

Afternoon all

Made the mistake of trying to trade 2 sports at once this afternoon - had a shocker on the horses but having a field day on the cricket

Harlosh - 28 Oct 2005 16:25 - 5362 of 10502

I'm off to watch Simply Red at the MEN with a munch in the Yum Yum first so no trading for me for the rest of the day.

Good luck with the cricket Steve.

Fundamentalist - 28 Oct 2005 16:35 - 5363 of 10502

Have a good night John

Re the cricket - I sold the spread on SA runs at 258 - theyve got 172 with 4 overs to go - and at 20 a point :-)))

bakko - 28 Oct 2005 16:57 - 5364 of 10502

Well done Steve!

John, Enjoy the Simply Red do tonight. Yum Yum again! You must love the place.

Been having a go at the horses today and got 12/12 with an outrageous win on one race. So a good day here too.

Fundamentalist - 28 Oct 2005 17:03 - 5365 of 10502

Bak

Well done on the horses - unlike you to be trading them when there is tennis on!

I was 0/3 on the horses - just goes to show what happens when not fully focussed!!!

Still won 57 points on the cricket spread and a lump laying 225 or more at 1.5/1.6 and still got the second innings to come :-)

Scripophilist - 28 Oct 2005 17:15 - 5366 of 10502

An incredibly dull day over here. Nothing much to report, I was in the wrong frame of mind today I think.

bakko - 28 Oct 2005 17:15 - 5367 of 10502

Steve,

I've gone off the tennis recently having got stung a while ago. Thought I'd have a go on the nags. Only picked up small profits per race but quite happy with it.

On one of the races I layed the fav but couldn't back it back so was hoping to catch it in play. As it lost I managed to pick up a hefty profit!

WOODIE - 28 Oct 2005 17:33 - 5368 of 10502

fundy do you know why the spurs game is a 1pm k/off

Fundamentalist - 28 Oct 2005 17:38 - 5369 of 10502

Woodie

not sure but it will be driven by TV wanting to show the game and what time the police were happy with i guess

With regard to the horses, got stung earlier on a horse i backed and my lay hadnt been fully filled when the race started. Tried to lay the rest off in running but had no chance as the horse fell at the first and hence i lost some of my stake (thankfully 80% of the lay was filled when it fell). I only mention this as a reminder to those who consider trying to trade off in running as to what can happen and i have now added a further rule to my "gospel trading rules" - only ever trade horses when trading no other sport

compoundup - 28 Oct 2005 18:10 - 5370 of 10502

Laid NZ after the Astle wicket with SA looking deadly and the visitors not getting the scoring moving. Looking good and staying short with 2nd wicket gone :-)

compoundup - 28 Oct 2005 18:26 - 5371 of 10502

NZ attacking. Covered for now. Big moves to trade here :-)

Fundamentalist - 28 Oct 2005 20:00 - 5372 of 10502

Hi compound

trying to sit on my hands as nice and green on the match and made a killing on 1st innings spread - been and painted the garage to have a break but came back and had to lay NZ at 1.26

Fundamentalist - 28 Oct 2005 20:03 - 5373 of 10502

Get in you beauty - another wicket!!!

Managed to lay some off at 2.0 - nice to see a wrong price appear :-) NZ still look a bit short to me

Scripophilist - 28 Oct 2005 21:24 - 5374 of 10502

I have just uploaded a promotional video for Bet Angel that I have created for a campaign we will be running. If you are interested you can view it here: -

http://www.betangel.com/betangel.html

Scripophilist - 28 Oct 2005 21:35 - 5375 of 10502

Really pleased to see Monty close to winning the European order of merit.

bakko - 29 Oct 2005 13:29 - 5376 of 10502

Afternoon All,

Spent most of the morning getting my head around the new dutching/bookmaking features. Its quite a potent and powerful tool but only in the right hands. I'll probably need to view the tutorials several times over before getting to grips with it fully.

Scrip, Thanks for the new features but is there a chance of adding a few more tutorials at a later date.

No trading yet, but I see that Spurs are already 1-0 up

Fundamentalist - 29 Oct 2005 15:55 - 5377 of 10502

Chelsea traded at 1.01 at 2-0 up, now 2-2 lol

Fundamentalist - 29 Oct 2005 16:13 - 5378 of 10502

Betfair having a few probs this afternoon - very slow settling bets, Charlton v Bolton not inplay though it is supposed to be etc etc

having a break till later, will be having a punt on the breeders cup meet tonight

WOODIE - 29 Oct 2005 16:33 - 5379 of 10502

fundy still waiting to be paid out on wigan match checked 1/2 hour ago still not settled?
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