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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
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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.

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Fundamentalist - 01 Dec 2005 10:41 - 6421 of 10502

Schiff

I expect the warnock backers are those who laid him heavily and are now freeing up their bank (as this saga could end up running as long as the spurs one)

Bugz - 01 Dec 2005 10:55 - 6422 of 10502

Fundy

Probably not-felt well safe after the second goal!! Would have been a good match to catch on tele.

Some blackburn fans would have made a killing at 2-0 down.

Scripophilist - 01 Dec 2005 11:01 - 6423 of 10502

Warnock back to 40's

Fundamentalist - 01 Dec 2005 11:04 - 6424 of 10502

The reporter who interviewed him is speaking on sky news, warnock said it was due to loyalty to SU and not to get involved in the politics at Pompey

Scripophilist - 01 Dec 2005 11:04 - 6425 of 10502

No hint of an approach for Redknapp, just yet.

http://news.bbc.co.uk/sport1/hi/football/teams/p/portsmouth/4467620.stm

Scripophilist - 01 Dec 2005 11:06 - 6426 of 10502

Market has just been suspended

Scripophilist - 01 Dec 2005 11:07 - 6427 of 10502

To re-order the runners! LOL!

Fundamentalist - 01 Dec 2005 11:07 - 6428 of 10502

It caused panic when they did that last night - all because someone wanted Ruud Gullit added lol

Scripophilist - 01 Dec 2005 11:12 - 6429 of 10502

LOL!

Warnock is still priced at 40's despite being out of the race?!!?!?!?!?

You have to believe there are some private conversations going on here with Redknapp.

Scripophilist - 01 Dec 2005 11:12 - 6430 of 10502

This is just as much fun as the weather market was.

Fundamentalist - 01 Dec 2005 11:14 - 6431 of 10502

Scrip

its about as ludicrous as the weather market was lol

Scripophilist - 01 Dec 2005 11:16 - 6432 of 10502

LOL!, I am waiting for Father Christmas to be put into the market.

Fundamentalist - 01 Dec 2005 11:17 - 6433 of 10502

If youre bored, have a look on the forum, some of the attempts to ramp/deramp make the YOO thread look sensible lol

Scripophilist - 01 Dec 2005 11:20 - 6434 of 10502

I have taken a nibble with some of profits on Burley and Robson.

I don't think Robson is realistic, but you never know and Burley is lined up for the Rangers job I think?!?! But Odds looked too good for a punt with free money.

Scripophilist - 01 Dec 2005 11:20 - 6435 of 10502

Just equalised out the risk on Warnock as well. Zero profit if he becomes manager and his money is spread across the field now.

Scripophilist - 01 Dec 2005 11:20 - 6436 of 10502

Will probably lay Harry at lower than 1.10

Scripophilist - 01 Dec 2005 11:21 - 6437 of 10502

Will deck him if he goes to Portsmouth, Lay Saints over the weekend for sure.

Scripophilist - 01 Dec 2005 11:26 - 6438 of 10502

Another interesting market this morning is the ECB December interest rate decision. In the financial markets, not much volume but a raise looks nailed on. I have dutched the market.

Fundamentalist - 01 Dec 2005 11:30 - 6439 of 10502

Have to be honest, didnt realise that hike was that likely, thought it was only 50:50

Scripophilist - 01 Dec 2005 11:41 - 6440 of 10502

If you dutch it margins will be small but its still pretty much free money barring an incredible shock. If you don't need the money between now and 12:40 on an annualised basis its a huge return. I do it all the time.
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