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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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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

Scripophilist - 09 Nov 2005 21:21 - 5654 of 10502

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

Good question I have never really looked at it. I'll be around all day on Friday so if you want to have a chat at some point would be good. I'll be tied to a desk for most of the day though!

Fundamentalist - 09 Nov 2005 21:24 - 5655 of 10502

Scrip

If not during the day then we'll have a chat over a few beers afterwards if youre still staying up - looking forward to what should be a good day!!!

You can do your betangel pitch on me too !!!! Do you know when your slot is and how long it will last?

Scripophilist - 09 Nov 2005 21:42 - 5656 of 10502

I've got my own table in the hall. I think I am up at 14:45.

Fundamentalist - 09 Nov 2005 21:53 - 5657 of 10502

France matched at 18 at 2-0 down - now winning 3-2

sealed - 09 Nov 2005 22:01 - 5658 of 10502


Nicked 1.03 in the france game with 60secs left to play.

Copper - 10 Nov 2005 17:31 - 5659 of 10502

Scrip could you give me any advice on what setup i need if i want to bet while i'm on the move as i have moved out and my computer is stuck at home.
Possibly would like a handheld console of some sort, and what would i need to get connected on the net with it?
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