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How to profit from Betting Exchanges (BEX)     

Scripophilist - 27 Oct 2004 23:40


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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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Fundamentalist - 22 Nov 2005 19:42 - 5991 of 10502

For those with sky, Man Utd on 103, Arsenal 120, Lille Benefica on 402, Juve Bruges on 404 and all the other games via the red button on 404

Fundamentalist - 22 Nov 2005 19:43 - 5992 of 10502

Backed Arsenal at 2.02 and layed United at 1.58

Harlosh - 22 Nov 2005 20:10 - 5993 of 10502

Just got my daughter off the PC.

Taken a punt on Arsenal but only got 1.95.

Backed United too so I hope you lose on that bet Steve!

Fundamentalist - 22 Nov 2005 20:20 - 5994 of 10502

Good bet on Arsenal John - only playing 10 men now

bakko - 22 Nov 2005 20:20 - 5995 of 10502

John, Did you have to pay her?

No positions yet. May wait till half time to get on ManU. Not too convinced with their attacking. Can't seem to get it together in the box.

Fundamentalist - 22 Nov 2005 20:21 - 5996 of 10502

Someone backed Arsenal at 1.12 after the sending off lol - my finger wasnt quick enough

Fundamentalist - 22 Nov 2005 20:22 - 5997 of 10502

Greened at 1.5

Fundamentalist - 22 Nov 2005 20:22 - 5998 of 10502

Big over reaction to the sending off imo

Fundamentalist - 22 Nov 2005 20:26 - 5999 of 10502

Good bet the overs on Barca game Woodie - likewise the unders in the United game :-)

Harlosh - 22 Nov 2005 20:26 - 6000 of 10502

Bak,

No she has 'kindly' stepped down to let me play. I wonder who is the boss sometimes.

Steve,

Good decision. Me too.

Fundamentalist - 22 Nov 2005 20:28 - 6001 of 10502

Will go back in just after half time if still nil nil - would expect the price to be nearer 1.8 than 1.6

I just couldnt back a side who dont have to win, away from home at 0-0 with 55 mins to go at 2/1 on even if they are playing a poor side with ten men

bakko - 22 Nov 2005 20:28 - 6002 of 10502

Nice trading guys! Keep it up.

Scripophilist - 22 Nov 2005 20:40 - 6003 of 10502

Just bought back my Man U lay, not sure what to do now. Man U haven't really looked like scoring in the first half.

Fundamentalist - 22 Nov 2005 20:51 - 6004 of 10502

Scrip

what price would you expect Arsenal to be if still 0-0 after 70 mins

TIA

Fundamentalist - 22 Nov 2005 20:52 - 6005 of 10502

Arsenal saved by the linos flag

Scripophilist - 22 Nov 2005 20:54 - 6006 of 10502

What were the starting prices?

Fundamentalist - 22 Nov 2005 20:56 - 6007 of 10502

Arsenal were 2.02 draw 3.6ish, Thun 4.2ish but Arsenal were trading at 1.93 for first 20 mins, price collapsed to 1.5 with the sending off

bakko - 22 Nov 2005 20:58 - 6008 of 10502

Steve, I would be guessing at approx 2.1+

I'm waiting for draw collapses. Plenty of draws around at the moment and hoping to be able to get on at least one later

Fundamentalist - 22 Nov 2005 20:59 - 6009 of 10502

Out of United lay at 2.2

Fundamentalist - 22 Nov 2005 21:00 - 6010 of 10502

Thanbks scrip

theyve just gone to 2.0 again now, going back in with my profit
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