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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 - 01 Dec 2005 11:16 - 6432 of 10502

LOL!, I am waiting for Father Christmas to be put into the market.

Fundamentalist - 01 Dec 2005 11:17 - 6433 of 10502

If youre bored, have a look on the forum, some of the attempts to ramp/deramp make the YOO thread look sensible lol

Scripophilist - 01 Dec 2005 11:20 - 6434 of 10502

I have taken a nibble with some of profits on Burley and Robson.

I don't think Robson is realistic, but you never know and Burley is lined up for the Rangers job I think?!?! But Odds looked too good for a punt with free money.

Scripophilist - 01 Dec 2005 11:20 - 6435 of 10502

Just equalised out the risk on Warnock as well. Zero profit if he becomes manager and his money is spread across the field now.

Scripophilist - 01 Dec 2005 11:20 - 6436 of 10502

Will probably lay Harry at lower than 1.10

Scripophilist - 01 Dec 2005 11:21 - 6437 of 10502

Will deck him if he goes to Portsmouth, Lay Saints over the weekend for sure.

Scripophilist - 01 Dec 2005 11:26 - 6438 of 10502

Another interesting market this morning is the ECB December interest rate decision. In the financial markets, not much volume but a raise looks nailed on. I have dutched the market.

Fundamentalist - 01 Dec 2005 11:30 - 6439 of 10502

Have to be honest, didnt realise that hike was that likely, thought it was only 50:50

Scripophilist - 01 Dec 2005 11:41 - 6440 of 10502

If you dutch it margins will be small but its still pretty much free money barring an incredible shock. If you don't need the money between now and 12:40 on an annualised basis its a huge return. I do it all the time.

Fundamentalist - 01 Dec 2005 11:45 - 6441 of 10502

Not enough money there at the mo - guess someone must have nicket it all :-)

Horse racing card looks good for trading today

Fundamentalist - 01 Dec 2005 11:48 - 6442 of 10502

see youve rattled some cages in the YOO funny farm lol

cunningham - 01 Dec 2005 12:43 - 6443 of 10502

Any depressing misserable bastards tell me the current odds on Redknapp for the next Pompey boss:-) Can't get access to betfair at work:-(

lizard - 01 Dec 2005 12:47 - 6444 of 10502

appreciate some advice if any of you know the answers?.

i have just downloaded the free basic software from betangel.com to learn more about this trading.

have got the icon on my desktop double click get box for login details 'basic' software typed email and entered for first time user and password enter but get unable to connect to betfair with u name and password.

do i have to go through betfair.com or set up this through website?.

thanks to anyone who can help?.

WOODIE - 01 Dec 2005 12:50 - 6445 of 10502

as you asked nicely 1.29-1.3 change jobs if you cant get betfair at work.

cunningham - 01 Dec 2005 13:00 - 6446 of 10502

Woodie, many thanks and apologies for the sarcasm spilling over from the YOO thread.

I've only just started this job - better give it a bit longer:-)

Scripophilist - 01 Dec 2005 13:18 - 6447 of 10502

"lizard - 01 Dec 2005 12:47 - 6444 of 6446 "

You should be able to find the answer in here: -

http://www.betangel.com/bet_angel/support/

It is probably your Firewall

WOODIE - 01 Dec 2005 13:19 - 6448 of 10502

no probs what happened to your own company?

Scripophilist - 01 Dec 2005 13:20 - 6449 of 10502

I see Adam Todd has gone AWOL again. Been six weeks and not a post anywhere, not even on his own site. I phoned him but no answer. A friend of mine who lives nearby seems unaffected by the hurricane so maybe Adam is hoping he can pin this absence on that when he eventually turns up again.

Scripophilist - 01 Dec 2005 13:30 - 6450 of 10502

1.40 Fav in 13:20 turned over. Nice lay if you had money on it. The commentators were negative on it, wish I had taken note!

lizard - 01 Dec 2005 13:45 - 6451 of 10502

cheers S- i have managed to accesss acc through betfair.com- the prices on the exchange were static for a live race. obviously these should be moving updating every second. do i have to have funds in acc to see live price movements?.

do you guys trade through betfair.com?. are they the same trading platforms

betfair + betangel?.

m thanks
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