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How to profit from Betting Exchanges (BEX)     

Scripophilist - 27 Oct 2004 23:40


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Cloudbase - 06 Jan 2006 01:18 - 7642 of 10502

Fundy.....what a difference PRO makes. A question if i may. Showing green on AUS and SA and red on the draw. To green up on individual lines will i have to do it manualy? and if so could you refresh me memory please.

Fundamentalist - 06 Jan 2006 01:21 - 7643 of 10502

Cloudbase

if you want equal green across them then you best bet is to back the draw for the amount of green you have on the results then green up on the draw line (thats assuming you have equal greens, if you dont you will need to do manually)

Cloudbase - 06 Jan 2006 01:25 - 7644 of 10502

No i don't have equal greens, and to complicate still have fair size draw lay running.

Fundamentalist - 06 Jan 2006 01:33 - 7645 of 10502

If you want to post your amounts ill work it out and explain it for you

Cloudbase - 06 Jan 2006 01:36 - 7646 of 10502

Thanks
Aus......Green 110.03

Sa........Green 107.81

Draw....Red 35.10

in addion have 85.77 draw lay open at average 1.41

amberjane - 06 Jan 2006 01:38 - 7647 of 10502

Sounds like your gunna have another late one Fundy, you at it again? Had to leave you the other nite, you've got even me on your hours :>)

Fundamentalist - 06 Jan 2006 01:40 - 7648 of 10502

Cloudbase

what do you mean in addition you have a draw lay of 85.77 at average 1.41. Does this mean your total book is as above or is it
Aus 195.80
SA 183.58
Draw -70.27

im confused what you mean - can u clarify

Fundamentalist - 06 Jan 2006 01:40 - 7649 of 10502

Hi amber

looks like im here till 7.30 in the morning again, prob then sleep till about saturday lunchtime lol

Cloudbase - 06 Jan 2006 01:51 - 7650 of 10502

Sorry will post trades.

Draw lay 15 at 1.74
Draw lay 74.77 at 1.34 all draw lay stil open

AUS lay 18.55 at 5.4 backed to close 18.55 at 6.6

SA lay 6.68 at 15 backed to close 6.68 at 18

amberjane - 06 Jan 2006 01:56 - 7651 of 10502

Ok I'll join you then Fundy, I need another 'early' nite.....zzzzzzzzzzzzz

Fundamentalist - 06 Jan 2006 01:58 - 7652 of 10502

Cloud

i think i make your current book:

Draw -36.52
Aus +112.03
SA +109.81


I would view that as
-36.5
110
110

so in effect you have laid the draw for 110 at 1.33


So in effect you could back the draw now for 110 at 1.28 and have -5.5 on draw, level the 2 results

hope this makes sense , if not say so and ill explain further

Cloudbase - 06 Jan 2006 02:13 - 7653 of 10502

Let me get my head round this. you arrived at 110 at 1.33 because
the 36.5 is 33% of the back amount?

Fundamentalist - 06 Jan 2006 02:16 - 7654 of 10502

Yes

Very simply 1+(36.5/110)

Fundamentalist - 06 Jan 2006 02:56 - 7655 of 10502

Your book should look a lot prettier now Cloudbase, mine certainly does :-)

Fundamentalist - 06 Jan 2006 03:04 - 7656 of 10502

Would be happy to let my book run if the weather doubts werent about, but starting to drip money onto the draw to eliminate my final risk

Cloudbase - 06 Jan 2006 03:06 - 7657 of 10502

Yes a lot better.
I've greened up now. What happens if i have a further bet, how do you work that out.
This is going to take some mastering.

Fundamentalist - 06 Jan 2006 03:09 - 7658 of 10502

Dont know cloudbase - still got a red number by the draw on my screen :-0 - only the weather looks like changing that now - and the skies look blue to me

Seriously, just treat it as a separate trade. Calculate your book without it

Fundamentalist - 06 Jan 2006 03:26 - 7659 of 10502

John/Bak

courtesy of Messrs Ponting and Hayden and the sydney sunshine youll only need gambling money next week - drinks will be on me (unless either of you have been hiding some big wins!)

Cloudbase - 06 Jan 2006 03:47 - 7660 of 10502

As much as i'd like to stay, have to be up at 8 this morning so calling it
night.

Fundamentalist - 06 Jan 2006 03:53 - 7661 of 10502

Night cloudbase

been fun - talk to you soon
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