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How to profit from Betting Exchanges (BEX)     

Scripophilist - 27 Oct 2004 23:40


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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


Fundamentalist - 04 Aug 2005 11:22 - 4121 of 10502

England started well and lay of Aussies well in profit. Be nice to see England end the day 300-3 or so

Fundamentalist - 04 Aug 2005 12:06 - 4122 of 10502

Very green on cricket and iuts not even lunch on day 1 :-) Off out for a few hours but may get back in later on - draw price starting to look very short at 2.5

bakko - 04 Aug 2005 15:42 - 4123 of 10502

It's nice to see England batting well for a change. Having said that, Flintoff has just gone.

England may even manage to bat out the whole day!

bakko - 04 Aug 2005 17:42 - 4124 of 10502

England are all out for 407. They didn't quite manage to bat out the day but a very respectable 1st innings total.

Apparently, this is the first time the Aussies have allowed more than 350 runs on the opening day of a test since 1993!

DocProc - 04 Aug 2005 20:57 - 4125 of 10502

Anyone had a go yet at Betfair's 'Exchange Poker'?

Does it lend itself well (or at all) to BetAngel?


Fundamentalist - 04 Aug 2005 22:09 - 4126 of 10502

Doc

had a quick look and wouldnt touch it with a bargepole. It looks as though people have already got bots running. If you are going to play you will need to have a reliable oddschecker to make sure you are playing the right prices - try www.thehendonmob.com

Fundamentalist - 04 Aug 2005 22:10 - 4127 of 10502

Doc

no it wouldnt lend itself to betangel because the prices are reset prior to each card being dealt(like a suspension for a goal in the fottie)

DocProc - 04 Aug 2005 23:35 - 4128 of 10502

Thanks. I'll leave it alone.

Scripophilist - 05 Aug 2005 08:48 - 4129 of 10502

I think the problem you have in the market also is that it is almost perfect. Almost as soon as it came up bots were operating and pricing the market to perfection (with a little margin). It would be possible to produce a similar bot but with the market free from error there seems little point.

Harlosh - 09 Aug 2005 12:04 - 4130 of 10502

Only 4 days to go. Not that I'm counting of course.

Scripophilist - 09 Aug 2005 12:14 - 4131 of 10502

Hey for some of us the season started last week! Boo Hoo!

Scripophilist - 09 Aug 2005 12:39 - 4132 of 10502

..

Harlosh - 09 Aug 2005 12:41 - 4133 of 10502

Scrip,

Lol

Scripophilist - 09 Aug 2005 12:47 - 4134 of 10502

I am hoping this season we will win more than six matches.

Dil - 09 Aug 2005 15:21 - 4135 of 10502

Liverpools started a month ago !

supermono13 - 09 Aug 2005 16:53 - 4136 of 10502

Celtic's season is virtually over !!

Scripophilist - 09 Aug 2005 17:10 - 4137 of 10502

ROFLMAO!

Scripophilist - 09 Aug 2005 20:26 - 4138 of 10502

A quick 10% there on Man U, Not sure on the Everton match.

Fundamentalist - 09 Aug 2005 20:48 - 4139 of 10502

Scrip

you having any probs with betfair - get no main screen when i log in

Fundamentalist - 09 Aug 2005 20:59 - 4140 of 10502

ps - i see this thread is now viewable from both sides - your doing scrip ?
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