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How to profit from Betting Exchanges (BEX)     

Scripophilist - 27 Oct 2004 23:40


ladder.gifBA_Logo.gif


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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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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

sealed - 06 Nov 2005 20:25 - 5637 of 10502

Barca scored after just 58secs.

Fundamentalist - 09 Nov 2005 19:57 - 5638 of 10502

Anyone trading the glasgow derby tonight ? Its on BBC Scotland (ch941 on sky digital).

Im confused by the rules slightly on the match odds - if i am reading it correctly the draw odds only apply after 120 mins not 90 mins and if so looks awfully short at 3.5. Can anyone check the rules and see if they agree with me


2005-11-09 19:45 Europe/London (GMT+0.00) For further information please see Rules & Regs. Predict the result of this match. At kick off all unmatched bets will be cancelled and the market turned in play. All bets apply to the full 90 minutes, plus injury time. Extra-time/penalty shoot-outs are not included. The market will be suspended if it appears that a goal has been scored, a penalty will be given, or a red card will be shown. Unmatched bets will be cancelled in the event of a confirmed goal or sending off. Users should be aware that transmissions described as live by some broadcasters may actually be delayed.
For complete television listings please see www.betfair.tv

Scripophilist - 09 Nov 2005 20:02 - 5639 of 10502

Based upon the time of the match I would put the odds at around:-

2.24, 3.43, 3.80
HW, HD, HL

So it looks about right.

Scripophilist - 09 Nov 2005 20:04 - 5640 of 10502

On 90 mins the draw should be trading around 1.59 for a 120 minute match in this case.

Fundamentalist - 09 Nov 2005 20:08 - 5641 of 10502

Thanks scrip

i miss rwad the rules initially but thanks for your view

Rangers look like they cant buy a goal at the moment so looking to back celtic


Also, Costa Rica v France game may be worth a look on the goals market. This is a game to raise money for charity and France have accordingly picked an attacking starting XI :

Barthez - Gallas, Thuram (cap), Givet, Abidal - Wiltord, A.Diarra, Dhorasoo, Malouda - Anelka, Henry

Currently over 2.5 available at 1.8 looks exceptionally good value and may look at some of the higher goals odds (the last charity game i believe ended 6-3)

Scripophilist - 09 Nov 2005 20:11 - 5642 of 10502

90 mins + injury time would exclude extra time.

Incidentally the odds would reamin the same even if it were different lengths of match based upon the most commonly used models. All that would vary would be the time decay during the match.

Fundamentalist - 09 Nov 2005 20:12 - 5643 of 10502

Anelka just missed from 2 yards - both sides appear to be prepared to play a very attacking game

Fundamentalist - 09 Nov 2005 20:15 - 5644 of 10502

1-0 Celtic :-)

Fundamentalist - 09 Nov 2005 20:20 - 5645 of 10502

Costa Rica 1-0 up v France - overs bet looking good

Fundamentalist - 09 Nov 2005 20:35 - 5646 of 10502

On the sheff wed vs cardiff game someone laid the price about the wrong team. At 3-0 when the prices re-opened someone laid Cardiff (rather than Sheff Wed) at 42.0 for 600 - think they laid the wrong team - looks like theyve just cost themselves about 25K - ouch!!!

Scripophilist - 09 Nov 2005 20:44 - 5647 of 10502

So there is, missed that, what a bummer.

Looking at the charts everything went AWOL there on both sides.

Fundamentalist - 09 Nov 2005 20:48 - 5648 of 10502

Costa Rica 2-0 vs France - wouldnt have minded some of the 12.0 before the game though the 1.60 currently available looks big to me

Fundamentalist - 09 Nov 2005 20:51 - 5649 of 10502

laid off some of my +4 goals but leaving my overs bet running

Fundamentalist - 09 Nov 2005 20:57 - 5650 of 10502

Scrip

you still around? How do match odds correlate to "to qualify odds" - ie celtic 1.33 to win match in 90 mins but 1.13 to qualify

sealed - 09 Nov 2005 20:59 - 5651 of 10502

re: cardiff game
It was so bizarre, I just sat and watched the money disappear and did nothing.

Fundamentalist - 09 Nov 2005 21:02 - 5652 of 10502

Just been looking - i see 3k got matched at 2.0 on Sheff Wed at the same time!!!

Sealed - get those fingers clicking!!!! didnt have on screen at time or id have been trying

Fundamentalist - 09 Nov 2005 21:16 - 5653 of 10502

2-1 - France have got one back (though very offside!) and overs bet landed after 50 mins - glad i didnt green up
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