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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 - 04 Feb 2005 11:17 - 909 of 10502

France currently 1.04/1.05 to beat Scotland tommorrow. Lowest odds i've seen for a two team event.

Scottish rugby is in a mess at the moment so can't see them winning but might be some value in laying France at those odds. Scotland may have a strong first half before they crumble.

Scripophilist - 04 Feb 2005 11:31 - 910 of 10502

chartist - I don't do that much on the financials as the bots are pretty efficient and the liquidity is poor compared to what it used to be. Just looked at the 11-12 FTSE intraday. 12k traded, On a horse race you generally get 500k-1.5m in 10 mins, that is were a lot of money is.

bakko - 04 Feb 2005 13:27 - 911 of 10502

Harlosh,

Thanks for Fra/Scot odds.

This is definitely an opportunity to lay off a fat amount on France with virtually no risk at all. Hopefully, Scotland may hold them off even if its for the first 15mins!! They may even score first!!

Scripophilist - 04 Feb 2005 13:37 - 912 of 10502

Looks like a good opportunity. During the Rugby world cup Wales vs England had similar odds and it drifted a lot by half time when the match was still tied.

bakko - 04 Feb 2005 14:10 - 913 of 10502

Odds on France have already drifted to 1.05/1.06!

I'd better get in before it drifts further out!

Scripophilist - 04 Feb 2005 14:46 - 914 of 10502

Yes, Sorry about that! ;)

wilbs - 04 Feb 2005 15:22 - 915 of 10502

Harlosh,
If you goto the link below, you can listen to all/most prem and league games on local BBC Radio and its FREE!!!
wilbs

Doh!!
Forgot to put the link in.(it is friday)

http://www.bbc.co.uk/england/radindex.shtml?link

wilbs

wilbs - 04 Feb 2005 15:30 - 916 of 10502

Harlosh,
I forgot to mention, I signed up to betfair and gave you number so it wont be long before you get your 20.

wilbs

Harlosh - 04 Feb 2005 15:53 - 917 of 10502

Wilbs,

Many thanks (on both counts). Much appreciated.

wilbs - 04 Feb 2005 16:16 - 918 of 10502

Harlosh,
No problem.
wilbs

Kayak - 04 Feb 2005 16:41 - 919 of 10502

I don't normally do this, but I bet on the FTSE 16.00-close being below the line, at 1.15 :-)

Fundamentalist - 04 Feb 2005 17:12 - 920 of 10502

Scrip

you been taking out one side of the book on the rugby :-)))

Scripophilist - 04 Feb 2005 17:17 - 921 of 10502

If you have 167 in risk capital you can move it again at 1.06 if you like! It's an empowering feeling knowing your capital can move markets. LOL!

Kayak - 04 Feb 2005 17:27 - 922 of 10502

Could you wait until my 1.05 has been taken before you move it, thank you :-)

Scripophilist - 04 Feb 2005 17:38 - 923 of 10502

Just to spite you I will fill that lay at 1.06

;-)

Scripophilist - 04 Feb 2005 17:41 - 924 of 10502

Actually it looks like there is still a lot of support at 1.05, No doubt lots of people buying money.

Harlosh - 04 Feb 2005 19:28 - 925 of 10502

Just had a look at the new software offered by AB for 25. Don't know about you but looks to be far too much info to take in all at once. Bit miffed also that they are charging for it when upgrades are supposed to be FOC.

Scripophilist - 04 Feb 2005 21:10 - 926 of 10502

I may get the chance to trial it FOC Harlosh. I have been speaking to AB at the moment about a number of things. I will try and get a look at it and do a write up. I am also seeing Betfair and Sporting Lot on Monday so something may come out of that. Don't know yet.

Fundamentalist - 04 Feb 2005 21:39 - 927 of 10502

Evening all

just been out for dinner - 60 for 2 of us - home for 10 mins at the end of football - dinner paid for lol!!!

Scripophilist - 04 Feb 2005 21:42 - 928 of 10502

LOL! - Well mine was a chinese takeaway, but the same result.
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