Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

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.

Click here to learn more


bakko - 18 Nov 2005 20:12 - 5888 of 10502

Evening Schiff...No positions yet but will pounce when I see something decent, probably later on in the game.

sealed - 18 Nov 2005 21:34 - 5889 of 10502

Good call schiff on the over/unders. But with with 4mins to ft, I bet the ticker was racing :~)

edit: Oh er. 5mins of extra time :~)

schiff - 18 Nov 2005 23:12 - 5890 of 10502

I don't know if you watched the game, sealed, but the first half was so full of missed chances and the goals bearing a charmed life that I actually had a bit more on at 5.6. And then just forgot it for 25 minutes. Ceefax told me no goals had been scored and the odds were so poor to cover myself - I think 26 was being offered at one time - that I just decided to let it ride. I doubt if I'd ever make a trader but I'm not bad at gambling!
Watched the last 20 minutes, thought about reducing my exposure a bit at 4.6 when it was 0-1, decided not to and watched the rest of the game in bemused fascination. So I had two bets, let them ride and they both won. But not much skill involved.

Fundamentalist - 19 Nov 2005 10:38 - 5891 of 10502

Morning all

Haydock is on so off there in a bit - already nicely in profit on Kicking King :-)

For anyone trading the horses, Southwell starts at 11am today and there is a veritable feast of sport to trade to day - have a good day all

schiff - 19 Nov 2005 14:11 - 5892 of 10502

Top equal in the Racing Post Ratings for the big handicap hurdle at Haydock were My Way de Solzen, Tees Components & St Matthew! Tricast paid 855.36.

I follow Sue Smith's jumpers but not the hurdlers unfortunately - though St Matthew won for me over the bigger obstacles a few weeks back.

Scripophilist - 19 Nov 2005 14:38 - 5893 of 10502

Looks like Betfair is down!

Dil - 19 Nov 2005 14:40 - 5894 of 10502

bloody useless

Aristo - 19 Nov 2005 14:40 - 5895 of 10502

Not a good moment to break I'm too many events here. I should know better than to use it on a Saturday.

Scripophilist - 19 Nov 2005 14:46 - 5896 of 10502

Some quality stuff out there as well at the moment, possibly the worst moment to break down!

Scripophilist - 19 Nov 2005 14:46 - 5897 of 10502

Its struggling, 14:44:36 most recent failure.

Aristo - 19 Nov 2005 14:48 - 5898 of 10502

Tell me about it Scrip, a pain!

Scripophilist - 19 Nov 2005 14:50 - 5899 of 10502

I have open positions on the football, so I have to hope it comes back before many goals are scored really.

Scripophilist - 19 Nov 2005 14:51 - 5900 of 10502

I have tried testing API and non API sites but it all appears to be down.

I don't know if anybody noticed but they recently changed their terms and conditions so they can kick out excess traffic hoggers. I sense some action coming on, on Monday.

Scripophilist - 19 Nov 2005 14:52 - 5901 of 10502

http://www.betfair.com/lite/

Still down for maintainance from 17th November apparantly!

Scripophilist - 19 Nov 2005 14:52 - 5902 of 10502

Phones busy!

Oh well, I may get lucky.

Scripophilist - 19 Nov 2005 14:53 - 5903 of 10502

lite.betfair.com still works, but you can't see your orders.

Scripophilist - 19 Nov 2005 14:53 - 5904 of 10502

And it appears you can see the prices either!

Scripophilist - 19 Nov 2005 14:55 - 5905 of 10502

Subject Line: Settlement Delays 19/11/2005

We are experiencing extremely high volumes of traffic to Betfair.com this afternoon, and as a result we anticipate that there will be some delay in the settlement of bets. Wed like to apologise to all affected members as we fully appreciate that this can be extremely inconvenient. Please be assured that we are working to minimise these delays as far as possible.

Aristo - 19 Nov 2005 14:55 - 5906 of 10502

Iim open on football, rugby and a horse race getting the right hump, time to open a beer methinks!

Scripophilist - 19 Nov 2005 14:55 - 5907 of 10502

I guess the publicity at Haydock is driving much larger volumes.
Register now or login to post to this thread.