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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


Scripophilist - 09 Apr 2006 22:03 - 9587 of 10502

Just settled in to watch the Golf, looks like it will be an exciting finish.

Still recovering from the hang over after Aintree last week.

Fundamentalist - 09 Apr 2006 22:16 - 9588 of 10502

Evening scrip

just got in from dinner, my book looking ok on the masters. only reds currently are woods and singh may have to lay singh off soon though. Tim Clark or Couples would be ideal but ill take Mickelson winning

Fundamentalist - 09 Apr 2006 22:16 - 9589 of 10502

How did Aintree go trading wise - as good as Cheltenham ?

Fundamentalist - 09 Apr 2006 22:18 - 9590 of 10502

Ps if trading the golf, be wary that the pictures are nowhere near live

Scripophilist - 10 Apr 2006 09:46 - 9591 of 10502

"How did Aintree go trading wise - as good as Cheltenham ? "

Not as good as Cheltenham but still very good. I went for and got a record on the National, there was so much money on it I could afford to up stakes a lot to get something out of it. But over all a lower return than Cheltenham.

Golf went well last night, a little exposed on Couples for a period but it all worked out in the end.

Fundamentalist - 12 Apr 2006 19:51 - 9592 of 10502

Anyone trading the footie tonite beware Arsenal are resting several players (Silva,
Pires, Fabregas, Senderos, Hleb and Eboue)

Fundamentalist - 13 Apr 2006 17:04 - 9593 of 10502

anyone else not get into betfair?

Harlosh - 13 Apr 2006 17:07 - 9594 of 10502

Fine here Steve

WOODIE - 13 Apr 2006 17:22 - 9595 of 10502

alright here

Fundamentalist - 13 Apr 2006 17:55 - 9596 of 10502

back up my end now - thx guys

sealed - 13 Apr 2006 17:58 - 9597 of 10502

I couldn't log on to the website this afternoon, but its fine now

Fundamentalist - 14 Apr 2006 21:21 - 9598 of 10502

United still only 1.7 with 15 mins to go, currently 0-0 vs Sunderland having been 1.13 at kick off - some worried money buyers about lol

Fundamentalist - 14 Apr 2006 21:31 - 9599 of 10502

Backed the draw at 2.04 with 9 1/2 mins to go, out 3 mins later at 1.66 :-) would have kept it running but worried Sunderland might score ;-)

Fundamentalist - 14 Apr 2006 21:32 - 9600 of 10502

In again at 1.6 with 4 mins left

Fundamentalist - 14 Apr 2006 21:36 - 9601 of 10502

Out at 1.21 and green :-)

Fundamentalist - 14 Apr 2006 21:41 - 9602 of 10502

1.12 709,376
1.13 3,308,130
1.14 879,748

Gonna be a good Easter for some layers :-)

Scripophilist - 14 Apr 2006 22:00 - 9603 of 10502

I stood up at a talk yeterday and explained to the audience why I thought Man U were a lay. I traded out too early though. What a result.

Fundamentalist - 14 Apr 2006 22:35 - 9604 of 10502

With hindsight, im not convinced the lay became good value till after half time. They only went from 1.13 to 1.25 at half time - which in effect was an even money bet United wouldnt be in front. I assume you could have laid United a lot lower in the half time market. May be a contra trade to bear in mind when there is a very short priced fav (or just lay on the HT market)

ravey davy gravy - 16 Apr 2006 10:19 - 9605 of 10502

Hi chaps.

I keep looking at IG's spread on the total booking in the villa/birm derby
and think this has to be a sell.

52-56 spread, now if they can all remain reasonbly calm that could result
in a nice half time profit, would'nt keep it open the whole match but if noboby
gets sent off you need 6 players to get booked to make a profit going long.

ravey davy gravy - 16 Apr 2006 12:49 - 9606 of 10502

What a result....no bookings in first half.

33-37 spread, sell for 52 and buy back for 37, no need to get greedy
when the handbags will start flying in second half.
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