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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.

Click here to learn more


Scripophilist - 25 Nov 2005 20:45 - 6156 of 10502

"it just stank"

When I read some of the early posts I thought they were a wind up. So bizarre and complicated. I phoned Langbar / Crown / whatever and was not at all convinced. None of it made sense, so I'd rather pass a peice of upside than get lumped with some almightly downside. It's the stuff of fairy tales.

I'll keep an eye on the story but I think I know the basics already, it doesn't take KROLL to work that one out!

Very sad for the niave.

Fundamentalist - 26 Nov 2005 00:02 - 6157 of 10502

Anyone else about at this unsociable hour - if so are you having probs with betfair?

Fundamentalist - 26 Nov 2005 00:05 - 6158 of 10502


Betfair Customer Services 25 Nov 22:59


We are currently aware that some users may be experiencing some site slowness. We have identified that there are some issues with latency at our Data Centre and we and our vendors are investigating this as a matter of urgency. Please also be aware that some individual ISPs are having problems tonight which you may wish to investigate with them separately.




Fundamentalist - 26 Nov 2005 00:25 - 6159 of 10502

Woodie

dont know if you laid the aussies as discussed, if did already 13 ticks in profit and not a ball bowled :-)

Fundamentalist - 26 Nov 2005 00:54 - 6160 of 10502

Brian Charles Lara - the highest ever run scorer in test cricket

and more importantly hes crucifying the draw price :-)

WOODIE - 26 Nov 2005 11:54 - 6161 of 10502

fundy sorry for late reply i have had trouble with my laptop,no i did not lay the aussies.

schiff - 26 Nov 2005 13:17 - 6162 of 10502

Anybody know the story about Royal Katidoki Newbury 1.05?
Opened 11/4f drifted out steadily to 6/1 at the off.
During this time you could get 8.2 on Beftair when it was 9/2 on Ceefax
and 10 close to the off!
I was due to back it but didn't in view of all this - I think it must have fallen/PU or
UR. So I've saved a bit for later on.

WOODIE - 26 Nov 2005 14:06 - 6163 of 10502

schiff cant give an answer as i was watching football just a reminder if you bet in running on the exchanges watch what you are doing as they is always someone out there that will have an advantage over the punters that are at home.

Fundamentalist - 26 Nov 2005 14:12 - 6164 of 10502

Inglis Drever awesome in the staying hurdle - cant believe I got even money in running 4 from home :-)

WOODIE - 26 Nov 2005 14:21 - 6165 of 10502

well done fundy

Fundamentalist - 26 Nov 2005 14:24 - 6166 of 10502

Any thoughts on the footie Woodie - Arsenal and Chelsea good things?

Harlosh - 26 Nov 2005 14:32 - 6167 of 10502

Look like the only pre match bets to me Steve.

WOODIE - 26 Nov 2005 14:33 - 6168 of 10502

both look nailed on to win

Fundamentalist - 26 Nov 2005 14:37 - 6169 of 10502

Come on trabolgan :-)

Fundamentalist - 26 Nov 2005 14:48 - 6170 of 10502

travelling like a dream but not jumping well

Fundamentalist - 26 Nov 2005 14:49 - 6171 of 10502

Get in you beauty - great ride Fitzy

Fundamentalist - 26 Nov 2005 14:49 - 6172 of 10502

Hope you were on Edward

Harlosh - 26 Nov 2005 14:49 - 6173 of 10502

Well done Steve. (again)

Fundamentalist - 26 Nov 2005 14:51 - 6174 of 10502

John

been waiting for this one for many a week :-)

WOODIE - 26 Nov 2005 14:51 - 6175 of 10502

well done fundy
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