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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 - 16 Dec 2005 11:56 - 7054 of 10502

Ive thought that about many a draw but still remain to be convinced

the chelsea v barca game 2 yrs running - well the bookies will be happy with one of the favs going out

WOODIE - 16 Dec 2005 11:59 - 7055 of 10502

just had a look at the high street bookies they have pushed chelsea and barca out 1/2 a point

Scripophilist - 16 Dec 2005 12:36 - 7056 of 10502

Great opporuntity to trade the tournament odds!

Scripophilist - 16 Dec 2005 12:38 - 7057 of 10502

Liverpool look too large at 15

WOODIE - 16 Dec 2005 12:39 - 7058 of 10502

scrip agree had small stake on pool just after draw

Fundamentalist - 16 Dec 2005 13:00 - 7059 of 10502

12.50

5/4 favourite traded at 95 in running and won 8 lengths!!!

Fundamentalist - 16 Dec 2005 14:48 - 7060 of 10502

Anyone watching the racing? the winner of the 2.40, the Listener could well be one to keep an eye on in advance of Cheltenham. I suspect will be aimed at the Royal Sun Alliance and on todays evidence a real classy jumper and a good cruising speed - be interesting to see him have to battle off the bridle but certainly one to follow

Scripophilist - 16 Dec 2005 14:50 - 7061 of 10502

Yes I was watching, the pundits seem keen on it as well. Very impressive.

In 14:40 I would have won 69k if the 1000-1 shot came in. Covered a position while squaring up and accidently backed at very long odds and unable to reverse the position. Was fun to watch.

Fundamentalist - 16 Dec 2005 14:53 - 7062 of 10502

Theyve already killed the price for the RSA so will keep an eye on it, its in the notebook to keep an eye on

Id backed the second e/w, didnt realise how good the Listener was (would only have played the place market otherwise!)

WOODIE - 16 Dec 2005 15:02 - 7063 of 10502

fundy i watched i layed him in running was so good could not get out of it.

Scripophilist - 16 Dec 2005 15:23 - 7064 of 10502

Not much money on the 15:30, Have I missed something? Just went for a tea, anything happened since I have been away?

Fundamentalist - 16 Dec 2005 15:36 - 7065 of 10502

All the money came for an outsiser called back with a bang

Fundamentalist - 16 Dec 2005 15:45 - 7066 of 10502

Who in their right mind backed Desert Quest at evens and just below in running?

Scripophilist - 16 Dec 2005 16:06 - 7067 of 10502

A useful day over here, will probably leave it at that. The last two races don't look interesting.

Fundamentalist - 16 Dec 2005 16:12 - 7068 of 10502

Scrip

me too, had a much better day today (last few have struggled a bit).

Have switched over to the snooker to watch Davis turn back the clock against Hendry (he was matched at 300 to win tournament and is about to go 6-1 up in the semi final in the stronger half of the draw!!!)

Scripophilist - 16 Dec 2005 16:26 - 7069 of 10502

I have half an eye on that, would be a great story!

Scripophilist - 16 Dec 2005 16:28 - 7070 of 10502

"last few have struggled a bit"

Days or races? Because I didn't really do anything on the last few races.

Fundamentalist - 16 Dec 2005 16:28 - 7071 of 10502

7-1 Davis at the interval :-)

Hendrys face has been a picture

I bet the guy who had 2k at 1.03 on Davis at 2-0 will be sitting a bit easier now (he thought he was backing in the frame by frame market)

Fundamentalist - 16 Dec 2005 16:30 - 7072 of 10502

Scrip

days - had a look back at my trades this morning and realsied I was overtrading a little. have found very few big movers recently, a lot of prices seem to be up and down with out any real trend and mainly only succeeding in scalping a few ticks at a time

Fundamentalist - 16 Dec 2005 17:56 - 7073 of 10502

Scrip
interesting thread on general betting "new bot on win markets". I see you commented on it, also think what is being mentioned is why I have taken several bad positions over the last few days. Is it you moving the market up and down within a 4-5 tick range with large lumps using the new spreadsheet function?
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