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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


Fundamentalist - 16 Nov 2005 20:02 - 5821 of 10502

Switzerland home and dry

bakko - 16 Nov 2005 20:05 - 5822 of 10502

Evening Steve,

Just switched on so will be checking out whats available

Fundamentalist - 16 Nov 2005 20:05 - 5823 of 10502

Spain gone from 2.26 to 2.40 in the first 5 mins of half time - has any one else noticed favs failing to lead drifting at half time?

Fundamentalist - 16 Nov 2005 20:05 - 5824 of 10502

Evening Bak

Scripophilist - 16 Nov 2005 20:10 - 5825 of 10502

Steve, it depends what price they are coming into half time. The market tends to adjust to the new half if there is any imbalance.

There is a bit of an oddity at the end of the first half but I can't tell you in this case as I didn't research the match before the off.

Scripophilist - 16 Nov 2005 20:10 - 5826 of 10502

4-2 Turkey, great fun!

Scripophilist - 16 Nov 2005 20:15 - 5827 of 10502

That was funny. The Swiss qualify and as soon as the ref blew his Whistle all the Swiss players ran as fast as they could for the safety of the tunnel. Hilarious.

bakko - 16 Nov 2005 20:16 - 5828 of 10502

Just been checking out this live streaming game. Nice idea from betfair but far too big a delay for my liking.

Fundamentalist - 16 Nov 2005 20:17 - 5829 of 10502

Scrip

can you have a look at the mail i sent you this am when youve got 5 mins - many thanks (cant use betangel till i fix prob)

Fundamentalist - 16 Nov 2005 20:18 - 5830 of 10502

For those with sky, England U19s is on 401 (SS1), Spain game on 410 (Eurosport) and the Italy game on 124 (bravo)

sealed - 16 Nov 2005 20:21 - 5831 of 10502

re: Turkey game
2m bet on a 40sec (on my pc) delayed feed. Unbelievable LOL!
Anyone know where betfair get their live feed from. This could be a real moneyspinner if you had live pictures

Fundamentalist - 16 Nov 2005 20:22 - 5832 of 10502

Slovaks have scored against Spain - glad i came out just before half time :-)

Scripophilist - 16 Nov 2005 20:22 - 5833 of 10502

Hi Steve, Sorry, I was out at the accountants this morning, lunch as well then golf this afternoon. Lovely day for it. Ruined my round with a couple of double bogeys but not too bad otherwise. The highlight, a 270 yard drive right on to the green after a poor tee shot on the fifth. If only I could do that every hole I'd be famous. I'll live on that one for a few years.

I'll be catching up on emails in the morning. Can you resend also to support@optic.ltd.uk then more than one person can pick it up and deal with in.

Scripophilist - 16 Nov 2005 20:23 - 5834 of 10502

"This could be a real moneyspinner if you had live pictures"

I understand it is premium tv.

Fundamentalist - 16 Nov 2005 20:25 - 5835 of 10502

Scrip

thanks, will resend

Sounds like a bad then good day - accountant followed by the golf course :-)

bakko - 16 Nov 2005 20:35 - 5836 of 10502

Re, delayed feed....Why don't we get together and go to the next betfair live feed game and trade of the mugs who are prepared to use the delayed pictures.

Could prove to be a very profitable venture :-)

Fundamentalist - 16 Nov 2005 20:43 - 5837 of 10502

How are you getting a live feed though?

Just in the process of laying the slovaks when Spain scored - at least some of it got filled

bakko - 16 Nov 2005 20:45 - 5838 of 10502

Just go to the game with our laptops and trade live.

Fundamentalist - 16 Nov 2005 21:03 - 5839 of 10502

Ref decided not to play any injury time in Spain game and caught betfair unawares - didnt suspend for another 30 seconds!!! Good time to be scalping the draw :-)

bakko - 16 Nov 2005 21:05 - 5840 of 10502

So it you who took out the whole book on the draw side at the end
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