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?

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Just grabbed some money from Juventus and Sampdoria, Couldn't resist. A little strange as I have no feed from that match.

Scrip,

I'm not too sure how it was settled. I'm a bit confused myself?? Eng ended with 270 for 5 whereas SA finished on 270 for 7 so I would have expected Eng to have won.

I managed to green up during the final 2 overs after scalping both teams throughout the day. I've got a betfair statement as long as my arm for the game so will be checking it out properly later.

Came as a nice surprise when I discovered a positive payout!

There is an argument raging on the cricket forum about the settlement but I can't figure from that how it was settled.

Three penalities in Fulham, Villa match and three misses!! Unreal...

Harlosh, If you followed the "normal" game plan the Chelsea match has been a good one.

Yes I did Scrip. Also played the City/Newcastle game for the draw. Also had a small wager on Juventus at HT but didn't pay off. All in all a good night though.

Scrip - Just remind me what the 'normal game plan was' for the Chelsea match :o); I backed Chelsea then 1-1 later.

Chartist,

Without giving too much away as this is covered on Scrip's course, the normal game plan would be to back Chelsea before the start and green up as soon as they scored for a guaranteed profit regardless of the final result.

Scrip, Have I given too much away??

My strategy was to to lay Blackburn, then I greened up when Chelsea scored. But if they didn't score, I still could have greened up near the end of the match as the odds for the draw came down.

The fact that they only managed one goal I think shows that a 0-0 draw was a reasonable possibility.

Is there any what-if tools on betfair. Whlist coming to grips with all this it would be nice to be able to understand what potential profits\losses may be, if I attempt to green up or reduces losses if things go against me.

cunningham, click on Settings above the prices and tick "Show a separate future position (prefixed ) (As if unplaced bets were matched)"

Cunningham

When you are in the page for the event you are betting on, under the title of the event you will see the word "settings" in square brackets in blue. If you click on this, then mark the third box down "show a separate future position" as you enter a bet (and before you submit) it will show you a second column which will show your position if you submit the bet

He's got too much time on his hands to have written all that :-0

Found it, many thanks.

Kajman,

The strategy you describe of laying the draw at the start and then greening up near the end if it was still 0-0 would not work. It would actually cost you money the longer into the game you left it.

There are many good and bad times to involve yourself in a match or not depending on the starting price and how the match unfolds. Because the market is pretty efficient its all about figuring out what is about to happen IMHO and taking a position of appropiate risk against that.

Anyone know how to get commentary on games such as tonights Wolves v Sunderland?

Bit frustrating having it there to trade but am reluctant without knowing what's going on. Would digital radio for example give me the local station in either of those areas?

Just realised it's tomorrow night.

Harlosh

Most teams (except some of the bigger Prem clubs - and West Ham, lol - who are too snooty and think they can do their own sites better!) are supported by the premiumtv "World" websites (I subscribe to Reading World for example). Subscription gives you access to live local radio commentary of every game in the land near enough. It's 34.99 pa but as a Betfair expert you recover that in 5 minutes.

It doesn't matter whose site you subscribe through, you get all the commentaries. Google in your team followed by FC and this usually gets you the site at the top. All URLs have PremiumTV in them.

Thanks very much Bones. Sounds perfect. Cheap at twice the price by the sound of it.

Harlosh, I wasn't laying the draw I was laying Blackburn. A Chelsea win or a draw would give me a profit. As long as the match progressed towards either one of those outcomes I could green up.