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

Looks like with their line up and how they started ManU are going to kick arse tonight.

Scrip - I only wanted to pick your brains! You must let me know when your next North Westen course it to be held, pls put my name down...

Was having a cracking wk on Betfair was up 450% in 4 days, untill I had an ftse 11-12 hourly bet (more of a 'gamble' than a bet)! go wrong, took my eye off the ball for 10 mins whilst I went to make a coffee :o(.. always another day.
Cheers for the reply...

Scrip, would you mind posting some tips for suggested pre course preparation. I have seen the following posted above, do you have any others?

Understand back and lay
Get familiar with Betfair

cheers

I think those two are the best. Get your hands really mucky, get used to backing and laying. Make a few mistakes, watch a few markets and just get used to the concept. That will make it much easier to come to terms with what I will show on the 23rd.

I will cover football and horses quite a bit as that is where a lot of the money is so have a good look at those markets even if you don't understand the underlying event. Knowledge of the sport is not an essential criteria.

Spaceman

one other thing to do would be to look at one specific event, have a look at each of the outcomes in detail. ie - take a horserace for example - look at each horse - how much has been traded and at what prices, look at the price/volume chart. also for a football match, it would be worth watching one game (preferably one with goals) and as the game unfolds watch the effect it has on the prices.

This will give you a deeper understanding of the functioning of betfair and will lead into scrips theories

scrip - hope im not giving too much away!!!!

srip/fundy, thanks for the tips.

Is there a problem with betfair at the momemnt? I am getting Loading... when I try and look at anything. I have treied a couple of PC's and a Mac and getting it on all of them. They dont seem to have a status page on their site.

Seems OK to me. Are you on broadband?

scrip yes broadband.

All Betfair say is the following:

Platform and Browser Recommendations

To gain the best experience when using Betfair, we recommend you use one of the following platform/browser options:

When using a PC:

Internet Explorer 5.5 upwards.
Mozilla Firebird 0.7
Mozilla 1.1 upwards
Netscape 7.0 upwards

When using an Apple Macintosh:
Mozilla 1.1 upwards
Mozilla Firebird 0.7
Mozilla Camino 0.7
Netscape 7.0 upwards

To make full use of the functionality offered by Betfair, your browser must have Javascript and Cookies enabled, which are normally enabled by default. If they are not enabled, switch them on via the Options or Tools menu on your browser.

If your browser supports auto complete for passwords and form input boxes, we suggest that for security reasons you disable this via the Options or Tools menu on your browser. This will lower the risk of unauthorised use of your account. In addition, you should log off every time you finish using the site.

Anyone following the OZ open 05 Tennis. Found this site loads of info/stats/results >>
http://www.australianopen.com Hope to lay Miss S.Williams later;! @ 1.04

thanks doc, I have sorted it on my PC where it seems to be related to the proxy I use. Not sure why I am getting the sma eissue on the mac as I dont use a proxy there. Still PC is enough.

"Hope to lay Miss S.Williams later"

Careful your wife does not hear you say that.

LOL; I had an early night, gave her the night off!!

Anyone on Sheffield/Port Vale game? I had a result, layed the draw @ 4.0 15 seconds before Sheffield scored, then backed the draw @ 32.0 to green up 2 mins from the bell :o) Also up on the dogs/ftse/dow. Getting to grips with Betfair trading (sorry betting)!

Fitting a new front door for an old dear tomorrow, so have a break from the screens.
Have a good weekend all bfn....

I was on the match as well. Did just fine out of it. Quite a nice match actually Sheff Wed dominated in terms of actually play (More about that during the course). Some good matches tomorrow. I am testing a new mobile betting solution and will be out and about so will put it to use tommorow. Lets hope it doesn't crash!!

Just back from a few days in the snow in my ancestral home, northern Scotland. Hope I haven't missed too much.

Would be very interested in the mobile solution you are looking at Scrip. In the summer I spend a lot of time in the Lakes so sounds as though I could have the best of both worlds.

It worked well today. Actually there are two in place. I may uprade to 3G so I can get streaming commentary as well!!

Was an excellent day. I might take next week off!!

When you work for yourself Scrip, you don't get paid if you don't work. I bet you wouldn't be able to resist!!

Of course you are right, it ain't going to happen is it!! Proof in the pudding is the fact that I was on the Real Madrid vs Mallorca match this evening. I think there will be some good matches up this week. Watford vs Liverpool and Man U and Chelsea will be too good to resist. Plus all the other sports as well of course. I shall continue to make hay while the sun shines.

There was some really good money to be had with CBB this evening - Bez was 13.5 in a 2 horse race even after it became public knowledge that the final votes were at worst a 40/60 split against him.
That's what I call cracking value!