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


Fundamentalist - 21 Nov 2005 10:54 - 5949 of 10502

I had a lay order in on the draw at 1.8 which got taken out so greened up at 2.0 10 mins later :-)

draw price looks very short to me and looking to lay again

Fundamentalist - 21 Nov 2005 10:56 - 5950 of 10502

Not laying yet as the umps look concerned about the light already - certainly much darker than yesterday

Fundamentalist - 21 Nov 2005 10:57 - 5951 of 10502

damn damn damn damn damn

Fundamentalist - 21 Nov 2005 10:58 - 5952 of 10502

1.8 to 2.3 on the wicket

bakko - 21 Nov 2005 11:08 - 5953 of 10502

Was putting my order through to get out at 1.78 when the wicket went.

Back to square one. A bit excessive a drop (1.8 to 2.3) ?

Will have to wait for another chance to get out.

Fundamentalist - 21 Nov 2005 11:19 - 5954 of 10502

Trescothic wicket was always going to be heavily priced - prob the only player likely to make a huge hundred for England

bakko - 21 Nov 2005 11:25 - 5955 of 10502

Thanks Steve. At least, play has finished due to bad light.

I can't do 4.30am (more like I won't do) so will have to put an order in and hope it gets filled.

ptholden - 21 Nov 2005 13:17 - 5956 of 10502

Hi Guys

Hope all is going well on the profitability front. Will be home for a few days over Xmas, so hoping to get back into the swing of things. At least this enforced work thing has allowed me to cogitate over a few strategies and will be looking to attempt a more disciplined trading regime in the future rather than my usual scattergun approach.

Best of luck

pth

ptholden - 21 Nov 2005 13:19 - 5957 of 10502

Hi Guys

Hope all is going well on the profitability front. Will be home for a few days over Xmas, so hoping to get back into the swing of things. At least this enforced work thing has allowed me to cogitate over a few strategies and will be looking to attempt a more disciplined trading regime in the future rather than my usual scattergun approach.

Best of luck

pth

Fundamentalist - 21 Nov 2005 14:38 - 5958 of 10502

hi pth - good to hear things are going well

Bakko you wimp - get up early!!!

WOODIE - 21 Nov 2005 16:16 - 5959 of 10502

fundy what is your gut feeling for the cricket i think pakistan will win

Fundamentalist - 21 Nov 2005 17:24 - 5960 of 10502

Hi woodie

gut feel is the same though i am swaying towards the draw more than i was earlier, my big concern is that for Pakistan to win it is probably going to require England to bowl them out in the second innings because Inzy will be very negative and defensive with regards to a declaration. If England bat most of tomorrow the danger is Pakistan will bat on into the morning of day 5 before declaring and will only have 50 overs to bowl England out (which shouldnt be enough unless the pitch breaks up). In previous tests at this ground, most runs have been scored in the third innings and if this pattern continues a draw will ensue

WOODIE - 21 Nov 2005 17:26 - 5961 of 10502

fundy thanks for detailed post

Dil - 21 Nov 2005 22:55 - 5962 of 10502

Anyone know what happened in the AEK match this evening ?

Got suspended.

bakko - 21 Nov 2005 23:25 - 5963 of 10502

AEK won 2-1.

Hope it went your way.

bakko - 22 Nov 2005 07:18 - 5964 of 10502

Morning All.

England on 217-3 at lunch. Solid partnership from Bell and Pieterson despite a couple of scares and only 46 short of avoiding the follow on.

Fortunately, for me my lay order did not go through so really tempted to let it ride to the end.

Steve.....Thanks for your opinion on the match. Looking more and more like a draw. Am I right to assume that as soon as Eng reach the target to avoid the follow on the draw odds will shorten by more than 10 ticks or so as thinking of lumping a bit on to take advantage of this.


Fundamentalist - 22 Nov 2005 08:08 - 5965 of 10502

Hi Bak

Apologies for the delay, just be careful scalping on the draw in case the new ball does a bit. Superb performance from these 2 - glad i took a double figure price about England

bakko - 22 Nov 2005 09:37 - 5966 of 10502

Managed to scalp a few before the new ball and leaving home.

I see that the draw odds have come in more than 10 ticks in the last 15mins thanks to Bell and Jones.

Another 100 runs and/or occupying the crease till tea and beyond should see the draw through?

Fundamentalist - 22 Nov 2005 14:49 - 5967 of 10502

Siberian HIghness in the 2.50 drifted from 2.24 to 3.75 :-)))

Fundamentalist - 22 Nov 2005 14:55 - 5968 of 10502

and then absolutely hacks up lol - a lot of burnt layers fingers
Register now or login to post to this thread.