Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

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


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

Harlosh - 06 Jan 2006 09:14 - 7662 of 10502

Well done Steve.

So a cheap night out for Bak and I then. Sounds good to me.

bakko - 06 Jan 2006 09:43 - 7663 of 10502

Top trading Steve, well done again.

Personally, I screwed up on this match. Got in on the draw last night at 1.3s at the declaration and went to bed :-((

Anyway, looking forward to Thurs.

Scripophilist - 07 Jan 2006 13:00 - 7664 of 10502

Somebody just dumped 20k on Arsenal at 1.18 just before kick off against Cardiff

Fundamentalist - 07 Jan 2006 13:00 - 7665 of 10502

wasnt me scrip :-)

Fundamentalist - 07 Jan 2006 13:35 - 7666 of 10502

Pay attention had every chance but fav won well

Fundamentalist - 07 Jan 2006 13:35 - 7667 of 10502

oops wrong thread lol

Scripophilist - 07 Jan 2006 13:42 - 7668 of 10502

It's a shame it isn't in play. I would have dumped some money in there as Arsenal have put out a reasonable side.

Fundamentalist - 07 Jan 2006 13:54 - 7669 of 10502

Look weak at the back (when dont they i know) but otherwise a fair side.

Scrip - bham look a huge price to me but cant find any team news - are they likely to play reserve team do you know?

Fundamentalist - 07 Jan 2006 14:03 - 7670 of 10502

looking like an easy 4k for whoever it was
Register now or login to post to this thread.