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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


bakko - 16 Jan 2006 23:41 - 7937 of 10502

I understand your needs as I use auto green on Betangel for all other events but as Fundy has already pointed out earlier it doesn't support the poker.

Auto green certainly saves on the headache of working things out!

Anyway, all this thinking has wiped me out and I'm of to bed!

Goodnight.

355 - 16 Jan 2006 23:42 - 7938 of 10502

Baco
The problem is the speed at which it needs to be done.
you have about 20 seconds to calculate, put the order in and confirm.
one click would be ideal. I suspect others are able to get it in but I am unable.
I have spoken to someone tonight who may be able to make it hapen.

Harlosh - 17 Jan 2006 01:43 - 7939 of 10502

Woke up and couldn't get back to sleep for some reason. Perhaps the allure of the Aussie Open :-)

Anyway, volume is awful at the moment.

Will have another coffee and see if things improve. If not, back to bed.

Fundamentalist - 17 Jan 2006 09:08 - 7940 of 10502

SA making a complete hash of chasing a fair target in the 1 dayer - 2 run outs by the length of the pitch - a serious case of when does yes mean yes???

bakko - 17 Jan 2006 09:22 - 7941 of 10502

John...Maybe it's the withdrawal symptoms from our late night (or early morning) out! LOL

355...Just been pondering over your dilemma of getting your trade in quickly. You could work out the trade and put it into the system and wait for your order to be filled later.

Fundamentalist - 17 Jan 2006 09:26 - 7942 of 10502

bak

i think the market gets suspended on each card so that theory may well not work

bakko - 17 Jan 2006 14:03 - 7943 of 10502

Steve

Just sent you an internal email.

Fundamentalist - 17 Jan 2006 14:23 - 7944 of 10502

Have responded bak

bakko - 17 Jan 2006 14:30 - 7945 of 10502

Steve...Ta very much

Fundamentalist - 17 Jan 2006 14:42 - 7946 of 10502

let me know what you did!

Fundamentalist - 17 Jan 2006 14:48 - 7947 of 10502

Wins by 10+ lengths without coming off the bridle, jumped nicely

bakko - 17 Jan 2006 15:58 - 7948 of 10502

Steve...emailed you again

jeffmack - 17 Jan 2006 16:22 - 7949 of 10502

You guys should use something like MSN Messenger while you are trading, much easier and quicker than EMail.

Fundamentalist - 17 Jan 2006 16:23 - 7950 of 10502

you have to use what bak can get away with at work lol

Scripophilist - 17 Jan 2006 20:15 - 7951 of 10502

If Borough was in play tonight I would fancy a lay on them at 1.14, OK I know they are up against small fry but looks tempting at such low risk.

Scripophilist - 17 Jan 2006 20:37 - 7952 of 10502

Nuneaton held out for 33mins, fortunate goal for Borough as well.

Fundamentalist - 17 Jan 2006 21:10 - 7953 of 10502

Been dabbling on the snooker with a bit off success - looks like Wigan v Leeds has been interesting - now 2-2 with 25 mins left

Scripophilist - 17 Jan 2006 21:15 - 7954 of 10502

The darts final the other night was brilliant. I turned 36% on my stake and it was easy. Very volatile, all I did was back and lay just outside the the current book and was filled on a regular basis. Having a play with the Tennis at the moment as well.

Fundamentalist - 17 Jan 2006 22:11 - 7955 of 10502

Now 3-3 in the footie - Wigan been in front 3 times lol

Fundamentalist - 17 Jan 2006 22:17 - 7956 of 10502

gone to penalties
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