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How to profit from Betting Exchanges (BEX)     

Scripophilist - 27 Oct 2004 23:40


ladder.gifBA_Logo.gif


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bakko - 19 Dec 2005 14:01 - 7215 of 10502

Phew! That was close.

A happy ending :-)

Scripophilist - 19 Dec 2005 14:02 - 7216 of 10502

Excellent Steve well done!

bakko - 19 Dec 2005 14:07 - 7217 of 10502

Steve....Congrats!

Fundamentalist - 19 Dec 2005 14:08 - 7218 of 10502

cheers guys, cant wait for wednesday now

Fundamentalist - 19 Dec 2005 14:11 - 7219 of 10502

another 1.01 turned over in the 2.05

Fundamentalist - 20 Dec 2005 12:45 - 7220 of 10502

After the tragedy of Best Mate at Exeter earlier this year, im saddened to hear the same fate has befallen Rooster Booster on the gallops this morning.

Another horse that was a joy to watch, win or lose, betting or not, a sad loss to the sport


ROOSTER BOOSTER died on the gallops on Tuesday morning while being prepared for the Stan James Christmas Hurdle at Sandown on Boxing Day.
"He died of either a haemorrhage or a heart attack. We're not sure yet," said trainer Philip Hobbs.

The 11-year-old grey won the 2003 Champion Hurdle and was runner-up to Hardy Eustace the following year.

"At least he died enjoying what he did best," said Hobbs.

"He was having a gallop ahead of the Christmas Hurdle when it happened."

Rooster Booster was runner-up to Harchibald in that race at Kempton last year.

His regular partner Richard Johnson was devastated on hearing the news while on his way to this afternoon's meeting at Fontwell.

"It's a big shock. He was a horse that loved life and he was always in a rush to get from A to B," said Johnson, who rode him to seven of his 10 career victories.

"He gave great pleasure not only to myself but to the owner and to everyone connected with him.

"He gave me one of the highlights of my career when winning the Champion Hurdle. It was a fantastic day and I'll never forget him."

The Riverwise gelding, owned by Terry Warner, graduated from the handicapping ranks to lift the Cheltenham Festival feature two years ago.

Rooster Booster had run with credit in astring of big races before landing a deserved success in the County Hurdle at the Festival in 2002.

He proved a revelation the following season, notching up a sequence of five wins including the Bula Hurdle before landing the Champion Hurdle itself.

Hobbs' charge won the 2004 Champion Hurdle Trial at Haydock before putting up an amazing performance to be beaten just a short head in the Tote Gold Trophy at Newbury despite shouldering top weight.

Rooster Booster had failed to hit his previous heightslast season but he won on his seasonal bow at Huntingdon before disappointing in the Greatwood Handicap Hurdle at Cheltenham last month.

As well as winning 10 times, Rooster Booster was second in 14 of his 46 races and amassed 687,541 in prize money.

WOODIE - 20 Dec 2005 13:14 - 7221 of 10502

hi fundy agree another sad loss to the sport,ps well done on yesterdays winnings.

Fundamentalist - 20 Dec 2005 14:00 - 7222 of 10502

has Mr Floodlight in the 2.00 only got 3 legs ?

Fundamentalist - 20 Dec 2005 14:59 - 7223 of 10502

Kallistas Pride in the 3.00 also looking like its a leg short

Scripophilist - 20 Dec 2005 15:38 - 7224 of 10502

Not a bad day over here, better than yesterday for sure. Couldn't put a foot right yesterday.

Fundamentalist - 20 Dec 2005 15:41 - 7225 of 10502

Scrip

didnt trade the horses yesterday but having a very good day today

fyi have just responded in the general betting forum to someone asking for advice re Betangel - hope you dont mind i mentioned your username - you may want to pop a message to the poster

Fundamentalist - 20 Dec 2005 15:44 - 7226 of 10502

For anyone who traded the snooker frame by frame and thought that was crazy have a look at the leg by leg betting in the darts - its absolute madness the prices some people are taking for large money, some good value if you have any idea but would recommend only very small stakes and avoid backing short prices (unless im the one offering them lol)

Cloudbase - 20 Dec 2005 16:49 - 7227 of 10502

Afternoon all, Fundy, will take a look at the darts used to play many years ago but out of touch now. Well done on yesterdays trading, an excellent result. Have you any links on the webb to the various sports or do you just use Sky? Now for the ? that will appear stupid to you experts, but be gentle with me!
If i back an market for say 5.0 and it comes in to 3.0 will laying same amount lock in the profit or do i have to green up?

Fundamentalist - 20 Dec 2005 17:17 - 7228 of 10502

Cloudbase, the easy one first, laying the same amount will effectively give you a free bet on that line so you then need to green up.

ie back 100 at 5.0 and then lay 100 at 3.0 will give you a profit on the line of 200 (100 * (5-3)). You would then lay for 200/3 ie 66.66 to green up

As for the sports, i use a variety of sites and if i cant find the site that gives me the info then i will look on the forum as there will often be a thread with someone asking for a link. If that fails then i rely on google :-)

Sites i mainly use:

General:
http://news.bbc.co.uk/sport
http://home.skysports.com/

Cricket:
http://www.cricinfo.com/
http://www.howstat.com.au/cricket/home.asp

Rugby:
http://www.planet-rugby.com/
http://www.ercrugby.com/

Horseracing:
http://www.racingpost.co.uk/news/home.sd

Snooker:
http://www.worldofsnooker.co.uk/stats/



Fundamentalist - 20 Dec 2005 17:19 - 7229 of 10502

Sorry, forgot golf:
http://www.pgatour.com/
http://www.europeantour.com/

bakko - 20 Dec 2005 17:24 - 7230 of 10502

Cloudbase

Laying the same amount at 3.0 will lock in the profit but only on the player/team you are trading on. Any other result will mean you'll win nothing (you'll lose nothing too).

It is better to green up so that your profit is spread out on all outcomes.

To do this add up your profit and loss outcomes and divide the whole amount by the lay odds.

eg. Suppose you're on a darts match and you back player A at back odds at 5.0 with 10. Your profit/loss line on Player A will read +40 and Player B -10

Add 40 and 10 together (50) and divide by your lay odds of 3 and it should give you a "green" profit of 16.67 on both outcomes

I hope this manual greening is correct as I use the auto green up instead

Fundamentalist - 20 Dec 2005 17:27 - 7231 of 10502

Bak

"I hope this manual greening is correct as I use the auto green up instead"

Surely its 50-30=20/3 = 6.67 profit

bakko - 20 Dec 2005 17:39 - 7232 of 10502

Steve...Your right! I thought at the time a profit of 16. 67 was a bit on the optimistic side!

Cloudbase... Apologies for being thick!

bakko - 20 Dec 2005 17:48 - 7233 of 10502

Anyway, re the darts you mentioned earlier. Certainly agree that the movements are hugely volatile!

I dabbled in this market this time last year during my learning phase and won and lost about 200 in next to no time! The movements frightened me off!

I'll be trying it out again this time around but will be greening up asap.

I find that it works very well when players are of similar ability and when they're both struggling to finish on a double.

Cloudbase - 20 Dec 2005 18:32 - 7234 of 10502

Fundy, thanks for that, so once the profits taken you then need to green up to lock it in? sorry for the dum ?'s but betting this way all new to me, makes scalping the index futures look like childs play lol.
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