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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


bakko - 21 Dec 2005 13:25 - 7261 of 10502

Very nicely poised now.

It'll be nice to see an Eng win just to get a few qualifying pts and to boost morale

Fundamentalist - 21 Dec 2005 13:30 - 7262 of 10502

Afridi out and Eng now favs - really should lock in some profit soon

Fundamentalist - 21 Dec 2005 13:37 - 7263 of 10502

partially green at 1.5

bakko - 21 Dec 2005 13:37 - 7264 of 10502

Pakn scorecard looking distinctly sick at the moment. Run rate nearly at 8!

Come on England!

Steve....Best of luck on your position

Fundamentalist - 21 Dec 2005 13:43 - 7265 of 10502

27 off 3 needed

have 2/3 profit england 1/3 pakn

happy days - i love these games - who in their right mind was backing pakn down to 1.05 in a dead rubber game? still shouldnt complain - always need that alternative view to get the trade on

bakko - 21 Dec 2005 13:46 - 7266 of 10502

We need dipstick punters like that around for us to profit!

Fundamentalist - 21 Dec 2005 13:49 - 7267 of 10502

Indeed Bak

have leveled the book up at 1.07 just in case

another good days cricket :-)

Fundamentalist - 21 Dec 2005 13:54 - 7268 of 10502

sh*t - havent got my tie insurance - please please please no tie

bakko - 21 Dec 2005 13:56 - 7269 of 10502

Well done Eng!

Fundamentalist - 21 Dec 2005 13:56 - 7270 of 10502

Get in you beauty :-)

Fundamentalist - 21 Dec 2005 14:03 - 7271 of 10502

Time to go to the pub to celebrate - i think ive earnt it :-)

If anyone catches me on here later on talking about trading the footie tell me ive had too much to drink and to turn betfair off - TIA

Harlosh - 21 Dec 2005 17:19 - 7272 of 10502

Been watching you all doing nicely over the last week ot two. Not done much myself as been too busy. Just able to place my financial trades in the morning and out for most of the day.. Hope to be back with you soon.

Keep up the good work!

bakko - 21 Dec 2005 17:50 - 7273 of 10502

Thanks John

We'll have to go out on one of our "sessions" again soon. More than happy to buy you a few drinks with the profits!

Scripophilist - 21 Dec 2005 21:58 - 7274 of 10502

Oops, Arsenal look like they are on the way out!

Was tempted to Lay Arsenal on the off but spent some quality time with my daughter instead.

WOODIE - 21 Dec 2005 22:10 - 7275 of 10502

even though it is the reserves they look poor in the pen area

Scripophilist - 21 Dec 2005 22:10 - 7276 of 10502

You can still get quite a big price on Doncaster to qualify.

WOODIE - 21 Dec 2005 22:12 - 7277 of 10502

scrip looks tempting at 1.16 but if a draw goes to pens?

Scripophilist - 21 Dec 2005 22:13 - 7278 of 10502

I'm out I was in at 1.34, I fancy laying some of it back at the end. Surely Arsenal wont go out without a bang?

WOODIE - 21 Dec 2005 22:18 - 7279 of 10502

shame for doncaster so close

Scripophilist - 21 Dec 2005 22:18 - 7280 of 10502

You beauty! 1.01 turned over! Love it! Laid at 1.02!
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