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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


Harlosh - 28 Feb 2006 18:37 - 8995 of 10502

:-)))))

bakko - 28 Feb 2006 20:08 - 8996 of 10502

Crunchy

"Definitive Guide to Betting Exchanges" is 12.99 through the publisher's offer so stick with amazon.

Mega Bucks - 01 Mar 2006 08:43 - 8997 of 10502

morning all,have 7 bets on with BetonMarket that cable does not touch 1.72 1.722 or 1.728 in the next 7days for some nice returns :-)

Mega...

Fundamentalist - 01 Mar 2006 08:44 - 8998 of 10502

Mega

how do you find bet on markets?

Mega Bucks - 01 Mar 2006 08:46 - 8999 of 10502

http://neptune1.tradeodds.com/GB/BOMUK/MX3323

Hope that helps Fundy :-)

Fundamentalist - 01 Mar 2006 08:47 - 9000 of 10502

no, i meant how do you find them as a provider :-)

Mega Bucks - 01 Mar 2006 08:50 - 9001 of 10502

I do about 90% of my trading with them at the moment and 10% with cmc s/b,easy to use good reliable platform and suits my style of trading,and i dont have any connections with this company !!!

Mega...

Fundamentalist - 01 Mar 2006 08:53 - 9002 of 10502

Thanks mega, may take a look (currently most of mine goes through IG but its mainly longer term

compoundup - 01 Mar 2006 09:06 - 9003 of 10502

How do you enjoy/trade a cricket match when the satellite feed keeps failing? Please can someone ask Mr Murdoch to put another 6d. in the meter?

Fundamentalist - 01 Mar 2006 09:10 - 9004 of 10502

Edward

you laid the draw at 2.4 average a few days before it starts and then keep adding to the position through the first few days - no piccies needed!!!

pity Cook was out though, have backed him to be top english batsman in the series at some fancy prices

compoundup - 01 Mar 2006 10:21 - 9005 of 10502

Surprised to see those draw odds come so far back (2.8-ish) and have laid

compoundup - 01 Mar 2006 10:21 - 9006 of 10502

Just in time for Flintoff's dodgy call exit

Fundamentalist - 01 Mar 2006 10:23 - 9007 of 10502

Spot on Edward,

loaded the truck with a lot more draw red when it went below 3.0

very poor decision for Freddie

compoundup - 01 Mar 2006 11:38 - 9008 of 10502

Draw price looking more realistic now around 17% probability but will stay "short" overnight.

I hasten to add that there is no statistical basis for my assessment but therein lies the the hook for me for trading this way. I haven't really tried football. I have mixed fortunes on the horses but I have made money out of perceived pricing errors in tennis and cricket. Oh, and I won't be betting on Olympic sports in a hurry again :-)

Fundamentalist - 01 Mar 2006 12:05 - 9009 of 10502

disagree edward, draw price still way too short, should almost be in double figures, though real price unlikely to occur till englands second innings gets under way (unless we bowl them out in a day in their first innings)

compoundup - 01 Mar 2006 12:47 - 9010 of 10502

Thanks Steve, I certainly respect your views.

Just looking for some value in Federer/Ghareeb UAE Tennis

Fundamentalist - 01 Mar 2006 20:11 - 9011 of 10502

No probs Edward, i just cant find a feasible scenario which makes the draw likely with England not batting for more than 4 sessions in the 1st innings

as for the footie, its a friendly so have laid England at 1.52 for small stakes

Fundamentalist - 01 Mar 2006 20:16 - 9012 of 10502

Out at 1.58, Uruguay look very naive at the back

Fundamentalist - 01 Mar 2006 20:18 - 9013 of 10502

there again so do England lol

Fundamentalist - 01 Mar 2006 20:33 - 9014 of 10502

damn, should have let it run
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