Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

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 - 12 Jun 2006 21:54 - 9871 of 10502

I scalped Italy for 3 ticks and guess what? As soon as I was out they score the 2nd.

At least I profited so cant really complain.


ptholden - 12 Jun 2006 21:59 - 9872 of 10502

It happens Baks, had a sizeable bet on a recent footy match and ended up green for tens of pounds rather than hundreds :-( Sure it works both ways though.

compoundup - 13 Jun 2006 16:54 - 9873 of 10502

Just resolved problem with web-query of Account Statement. It was a pop-up blocker in Norton. Never thought of that because I had never had any difficulty before. Betfair telephone support were prompt and first-class, even phoning me back after 5 mins. on one occasion to see if a re-boot had worked.

The problem came about through automatic self-upgrading of the Norton Internet Security product. Once I had added betfair.com deep within the permissions list in the privacy control section the functionality was restored.

If anyone doesn't know how to do this, (I think you need Excel 2003 at least but stand to be corrected):

On a new spreadsheet, go DATA - IMPORT EXTERNAL DATA - NEW WEB QUERY
This brings up a dialog box with an address bar at the top which loads your default home page. You replace the URL with www.betfair.com and bring up Betfair's home/login page. You may need to resize the window to see the login boxes at the top right.
Now log in and when the next page appears, replace the URL again with:

http://www.betfair.com/account/AccountStatement.do?include=all&startRecord=0

Your transaction history should appear (this is the point at which I was only able to get a blank screen - see above). Tick the checkbox that relates to the area of data containing the transaction history then click IMPORT at the bottom of the dialog.

Accept the A1 cell placement offered next.

The dialog disappears and you have all the data, transaction references, commissions, etc. in your own spreadsheet for whatever purpose you require.

[end of lecture]

Edward

Fundamentalist - 13 Jun 2006 17:20 - 9874 of 10502

Thanks for that edward, how far back does it go?

compoundup - 13 Jun 2006 18:01 - 9875 of 10502

I think it is on a rolling 30-day basis - so you have to capture it at least once a month to maintain a full record.

Note also that the URL ending with ...Record=0 can be changed to ...Record=20 etc. to get the extended data beyond the number of records on the first page of their listing (and =30, etc.)

bakko - 13 Jun 2006 19:38 - 9876 of 10502

Some big players are trying to move the Brazil price onto the lay side. Theres 500k+ at 1.38

bakko - 13 Jun 2006 19:50 - 9877 of 10502

8.5m already traded on the Brazil and still more than 10mins to KO!

compoundup - 13 Jun 2006 20:02 - 9878 of 10502

Tempted to lay the under 1.5 goals but 4.5 is a bit dear even in this company

Fundamentalist - 13 Jun 2006 20:35 - 9879 of 10502

Brazil price shortened 11 ticks from 1.6 to 1.49 for a Ronaldinho free kick on edge of box - unbelievable over reaction lol

bakko - 15 Jun 2006 18:00 - 9880 of 10502

I didnt catch the first half but I hear that it was a pretty miserable performance.

If it remains like this after 15-20mins get ready for the mother of all draw collapses!

Dil - 15 Jun 2006 18:02 - 9881 of 10502

T&T were unlucky not to score just before ht bak , Terry just managed to clear it off line.

bakko - 15 Jun 2006 18:06 - 9882 of 10502

Thanks for that Dil, just caught the highlights...must have blinked cos I didnt see anything from Eng!

bakko - 15 Jun 2006 18:09 - 9883 of 10502

I got a huge lay in on Eng just before KO but had to get out so that I could rush back home.

Wish I'd never bothered now!

WOODIE - 15 Jun 2006 18:09 - 9884 of 10502

dil your lay on england winning it outright is looking good?

bakko - 15 Jun 2006 18:12 - 9885 of 10502

Terry to the rescue again

bakko - 15 Jun 2006 18:16 - 9886 of 10502

A bad miss considering it was a free header

bakko - 15 Jun 2006 18:24 - 9887 of 10502

Just layed over 2.5 as terribly short and with 30mins to go. Will green up if a goal comes but will get out with little risk later in the game if none

Dil - 15 Jun 2006 18:26 - 9888 of 10502

Yes I backed under 2.5 at 2.4 last night ... v green now.

Dil - 15 Jun 2006 18:30 - 9889 of 10502

22 for T&T looks tempting :-)

bakko - 15 Jun 2006 18:31 - 9890 of 10502

draw collapsing fast
Register now or login to post to this thread.