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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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Fundamentalist - 06 Nov 2005 17:28 - 5617 of 10502

Am now on the draw, United creaking at the back, Del Horno should have scored

bakko - 06 Nov 2005 17:30 - 5618 of 10502

Agree with you, Reds under intense pressure

Fundamentalist - 06 Nov 2005 17:33 - 5619 of 10502

i bet its the first time Utd have been 1-0 up at home with 15 mins to go and available at 1.45

bakko - 06 Nov 2005 17:35 - 5620 of 10502

Odds should collapse quite quickly now

Fundamentalist - 06 Nov 2005 17:49 - 5621 of 10502

Fair play to united if they hold on - but 4 mins of added time - Fergies doing his nut lol

Nicely green on both United and Draw

bakko - 06 Nov 2005 17:49 - 5622 of 10502

All green now after a good scalping mission

Fundamentalist - 06 Nov 2005 17:52 - 5623 of 10502

Looks like Mourinho will have to ask that nice Mr Abramovic for another 50-100m to spend in the january sales lol

bakko - 06 Nov 2005 17:55 - 5624 of 10502

Well done Reds!.....A well deserved and needy victory.

sealed - 06 Nov 2005 18:01 - 5625 of 10502

After that performance, I expect Keane will be offered a weekly 'slag off the team' slot on MUTV. LOL!

Fundamentalist - 06 Nov 2005 18:05 - 5626 of 10502

lol sealed

anyone on the madrid game?

bakko - 06 Nov 2005 18:09 - 5627 of 10502

Not yet but will look into it. Done very nicely today and only prepared to risk small amounts, if at all.

bakko - 06 Nov 2005 18:13 - 5628 of 10502

Was looking at Mgladbach v Hamburg odds about 5mins ago. Draw odds collapsed from 1.8 to 1.35 in that time!

Will definitely concentrate on this breakdown in odds in the future...Looks very lucrative!

sealed - 06 Nov 2005 18:24 - 5629 of 10502

Woodgates woes continue. Off with a hamstring injury.

Fundamentalist - 06 Nov 2005 19:34 - 5630 of 10502

Thank you Cesar - was scalping when the pen was given - used my get out of jail free card for the weekend i feel

Fundamentalist - 06 Nov 2005 19:36 - 5631 of 10502

lol hes given Robinho a second penalty in 2 mins - both a bit suspect

Fundamentalist - 06 Nov 2005 19:36 - 5632 of 10502

Roberto Carlos refused to let Robinho take it again

sealed - 06 Nov 2005 19:58 - 5633 of 10502

Also had a lucky escape. Had literally just started scalping the draw when the 1st penalty was given. lol

bakko - 06 Nov 2005 20:07 - 5634 of 10502

Ditto here too. Stuck a small stake on the draw at 1.98 hoping to leave for 5-10 mins and to green up. Then came the Barce pen. Managed to trade out with a small profit on Barca win.

That's it, no more trading tonight otherwise will definitely undo today's good work.

Edit...I think I meant Real Mad and not Barca

sealed - 06 Nov 2005 20:08 - 5635 of 10502

LOL!
Riding my luck tonight. Managed to scalp a point in the over/unders before Barca scored.

Fundamentalist - 06 Nov 2005 20:12 - 5636 of 10502

Currently watching the golf - just flicked over to see what time Barca kick off to see theyre 1-0 up already
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