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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


Fundamentalist - 28 Nov 2005 14:35 - 6246 of 10502

Cant get into the site at all either direct or via betangel - everything else on my machine working fine - very strange

Scripophilist - 28 Nov 2005 14:39 - 6247 of 10502

No problems here and in fact very good performance alround this afternoon.

Scripophilist - 28 Nov 2005 14:40 - 6248 of 10502

Snow Bunting wins at Wolverhampton, You have to be having a laugh!

Fundamentalist - 28 Nov 2005 14:41 - 6249 of 10502

Any ideas scrip as to why i cant get in - my machine doesnt even recognise that www.betfair.com exists and sends me to msn autosearch

Fundamentalist - 28 Nov 2005 14:41 - 6250 of 10502

Please tell me you are joking about snow bunting

Fundamentalist - 28 Nov 2005 14:52 - 6251 of 10502

Finally got back in - what caused that who only knows

Fundamentalist - 28 Nov 2005 14:53 - 6252 of 10502

Running at a snails pace my end - logging off till later

Fundamentalist - 28 Nov 2005 14:57 - 6253 of 10502

Cant get back in again - any thoughts anyone?

Its happening on both of my machines

bakko - 28 Nov 2005 15:02 - 6254 of 10502

Steve,

Just checked my end here and everything appears ok. Maybe a problem with your BT line?

Fundamentalist - 28 Nov 2005 15:03 - 6255 of 10502

Dont think so bak because evrything else is working fine on my pc - even betfair poker !!!

bakko - 28 Nov 2005 15:14 - 6256 of 10502

Both betfair and betangel OK here which seems quite odd for you??

Scripophilist - 28 Nov 2005 15:16 - 6257 of 10502

No problems here at all, perfectly normal today.

Steve, Snow bunting did win! LOL!

Wolverhampton looks very pretty in the snow. Now snowing at Southwell.

Fundamentalist - 28 Nov 2005 15:30 - 6258 of 10502

Scrip

appears there is a problem with betfair for Pipex users - no idea how long im going to be without but if its not fixed by the time the cricket starts in the morning there phone operators are soon going to get fed up with me :-)

bakko - 28 Nov 2005 15:37 - 6259 of 10502

Steve,

Any ideas why Pipex? I was hoping to go with them at my new place but will steer clear if a constant problem with betfair.

Fundamentalist - 28 Nov 2005 15:41 - 6260 of 10502

Never been a prob before but the only complaints theyve had on the helpdesk this pm have all been from pipex users - no one has any idea why though - will let you know when i know more

Fundamentalist - 28 Nov 2005 15:45 - 6261 of 10502

It gets more interesting - cannot access the normal site www.betfair.com but can get in and use a mirror site whose address is www2.betfair.com

may be worth remembering and trying if the site ever crashes.

However cant use betangel this route as it trys to log in via the original website

bakko - 28 Nov 2005 15:55 - 6262 of 10502

Sorry you're having problems but please do keep me informed re Pipex users. TIA

crockham - 28 Nov 2005 17:02 - 6263 of 10502

just had a bizarre situation trading the financials on Betfair. I was backing the ftse 100 and was following finspreads ticker. Have checked with finspreads they say their ticker is real time but it was way out at the close. Ithought I was well over 5483 but actually finished below. Anyone else come across this?

Fundamentalist - 28 Nov 2005 17:32 - 6264 of 10502

Hi all

crockham - dont trade the financials afraid so cant help - only thing i would say is that most of the trading on the financials on betfair is done by bots now so you may be fighting a losing battle

just logged back on and all appears to be fine again. Going to have a look at the cricket in a bit, will post my thoughts later

WOODIE - 28 Nov 2005 17:37 - 6265 of 10502

crockham what ftse market ? if it was the end of day one betfair use the finishing price after the auction which takes about 10 mins the official close is 4.30 what some spreadbet firms use so the 4.30 price will be different to the end of day price sometimes this can be a swing as much as 20 points hope this helps.
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