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How to profit from Betting Exchanges (BEX)     

Scripophilist - 27 Oct 2004 23:40


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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 - 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?

Fundamentalist - 29 Oct 2005 16:45 - 5380 of 10502

Woodie

Got same with Leicester rugby game - match finished at 2.50 and at 4.40 its still not settled.

Dont know if you follow Rugby League but the first game in Tri Nations between GB and Kiwis kicks off at 5.30pm. Kiwis recently beat Australia and have been in good form, most of the GB players havent played any rugby for 6 weeks and several key players are missing. Was expecting NZ to be odds on favs but currently GB are 1.81 and NZ 2.38 - ive had a large lump on the Kiwis at nearly 2.5 - may be worth a look but all IMHO DYOR NAG etc etc

WOODIE - 29 Oct 2005 17:29 - 5381 of 10502

fundy nice one

Scripophilist - 29 Oct 2005 17:41 - 5382 of 10502

bakko, you can access full tutorials via the message of the day tab.

bakko - 29 Oct 2005 18:06 - 5383 of 10502

Thanks Scrip, Will check it out again.

ManU 2-0 down and penalty to Boro

bakko - 29 Oct 2005 18:07 - 5384 of 10502

3-0 to Boro and season over for ManU!

Fundamentalist - 29 Oct 2005 18:18 - 5385 of 10502

Woodie :-)

hope youre on the Kiwis

Fundamentalist - 29 Oct 2005 18:20 - 5386 of 10502

2 tries inside 6 mins for the Kiwis - best 2.5 you'll ever see!!!

bakko - 29 Oct 2005 18:27 - 5387 of 10502

Well done Steve,

Tempted to followed you in on the Kiwis but just nipped across to a neighbour and couldn't get away!

Fundamentalist - 29 Oct 2005 18:28 - 5388 of 10502

laid off at 1.24 whilst the ref was deciding on potential 3rd try - will come back for more!!!

WOODIE - 29 Oct 2005 18:29 - 5389 of 10502

fundy excellent call by you could only get 2.4 and 2.38 never mind

Fundamentalist - 29 Oct 2005 18:30 - 5390 of 10502

Thanks Woodie - glad u got on

The GB side look like they never met each other let alone played together

Fundamentalist - 29 Oct 2005 18:33 - 5391 of 10502

Backed again at 1.40

Fundamentalist - 29 Oct 2005 18:40 - 5392 of 10502

Try number 3

Fundamentalist - 29 Oct 2005 18:42 - 5393 of 10502

18-2

bakko - 29 Oct 2005 18:57 - 5394 of 10502

Boro 4-0. Went in big at 1.07 so should be safe now
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