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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
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.

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Kayak - 17 Nov 2005 19:40 - 5851 of 10502

He wears sandals because he gets 5% of your winnings every day :-)

schiff - 17 Nov 2005 19:58 - 5852 of 10502

Just found out - no in-play market for the frame score!

schiff - 17 Nov 2005 20:10 - 5853 of 10502

But there is in in-play market for the draw - I'm getting thoroughly confused!
Davis playing better than Maguire.

sealed - 17 Nov 2005 20:31 - 5854 of 10502

Kayak
LOL!
If Andrew had to rely on me for his commission, hed be changing his grey socks once every 2 months. Its Scrip that keeps him in Gucci sandals. ;~)

Fundamentalist - 17 Nov 2005 21:11 - 5855 of 10502

Hi all

just got back in - Schiff - hope u layed MacGuire

Fundamentalist - 17 Nov 2005 21:34 - 5856 of 10502

scalped a few quid on davis in the last frame :-)

sealed - 17 Nov 2005 21:40 - 5857 of 10502

Not much money on the Wales games, but it was consistently mispriced, as everyone assumed it was a 90mins game, rather than 80mins.

Fundamentalist - 17 Nov 2005 21:41 - 5858 of 10502

sealed - was it a boys game?

Fundamentalist - 17 Nov 2005 21:51 - 5859 of 10502

O Sullivan planning to experiment in the game according to his pre match interview

sealed - 17 Nov 2005 21:55 - 5860 of 10502

Fundy
Yep. U16s

Fundamentalist - 17 Nov 2005 22:03 - 5861 of 10502

O Sullivan lost the first frame

Fundamentalist - 17 Nov 2005 22:13 - 5862 of 10502

1-1

bakko - 17 Nov 2005 22:23 - 5863 of 10502

Evening All,

A bit quiet here as I can't find anything decent out there to trade so just been reading some of the threads on betfair. Some decent info out there. One in particular by a prat named Dazertyuiop's "1K to a better standard of life" on the general betting section who IMO is going to lose his pot in next to no time with his reckless gambling.

Schiff...A warm welcome from me and I hope you are very successful with betfair. I would certainly recommend you read the above thread as I wouldn't want you to be "gambling" in this manner.

Steve....What was Ronnie's experiment for tonight's game?

Fundamentalist - 17 Nov 2005 22:30 - 5864 of 10502

It appears to be breaking left handed, most left handed shots in a right handed players 100 break and seeing how easily he can win from 1 frame behind ( i reckon he left the lump on himself at 2.7 for when he lost the first frame :-) )

2-1 up now and ive taken my stake out but not fully greened - this could well be 5-1 the way hes playing

Fundamentalist - 17 Nov 2005 22:31 - 5865 of 10502

The other guy looks like he couldnt pot jam at the moment lol

Fundamentalist - 17 Nov 2005 22:36 - 5866 of 10502

take that back - looks like going 2-2 now - laid ronnie on the way up - now nasty red osullivan - will green at the end of frame where id expect o sullivan to be approx 2.6-2.7

Fundamentalist - 17 Nov 2005 22:38 - 5867 of 10502

superb century from Ding

Amazed O Sullivan still 2.2/2.3 - hes been approx 1.7 in the frame by frame betting - a 1.7 double equates to 2.89

Fundamentalist - 17 Nov 2005 22:39 - 5868 of 10502

Not enough liquidity in the frame by frame market to arb

Fundamentalist - 17 Nov 2005 22:40 - 5869 of 10502

Current price equates to 1.5 each frame

bakko - 17 Nov 2005 22:41 - 5870 of 10502

I'll give this game a miss. Ronnie's a little unpredictable for my liking.

I'd rather wait till Sat as the footy will be back plus the Eng v All Blacks game
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