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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 - 28 Feb 2006 13:55 - 8981 of 10502

Betfair Customer Services 28 Feb 13:46


We are aware that users are experiencing problems in using the website, and would like to apologise to all users for any inconvenience caused. Please be assured that our technicians are currently working to rectify the problem as promptly as possible.




bakko - 28 Feb 2006 14:00 - 8982 of 10502

Crunchy....A warm welcome from me. Not heard of the book either but will keep an eye out for it next month. At 5.99, seems like good value even if it's basic stuff.

The book that Fundy mentioned "Definitive Guide to Betting Exchanges" can be ordered directly from the publishers at a discount if you're a betfair member but will need to quote a code. Not got this at hand but can post up tonight if I can find it.

Steve...Thanks for the dailyprofit link. Terrible article! LOL

Fundamentalist - 28 Feb 2006 14:03 - 8983 of 10502

Bak

i think todays update should be there today - and thats even worse.

that said there are some very knowledgeable people contributing to it and some of it makes for interesting reading

PS have you got updata running yet
PPS have a good day on the course tomorrow
PPPS must be time for another night out to fleece the casino of some more money (and i believe you owe me a beer)

rbrownam - 28 Feb 2006 14:08 - 8984 of 10502

Hi bakko,

Thanks, "Definitive Guide to Betting Exchanges" is 11.21 on Amazon, so any direct savings will be welcome!
Cheers,
Crunchy :-)

Fundamentalist - 28 Feb 2006 14:15 - 8985 of 10502

Crunchy

List price of the book is 16.99 so i think the amazon price is a saving!!!

Scripophilist - 28 Feb 2006 14:16 - 8986 of 10502

Re Betfair today, Main site is a mare but the API is working fine.

Fundamentalist - 28 Feb 2006 14:22 - 8987 of 10502

Scrip

was just going to post exactly the same comment - i get approx 6 refreshes (ie 6 seconds) on Bet Angel before a requested refresh happens on the normal site.

A lot of pi**ed off people on the forum and a few reporting bets going missing which sound a bit worrying

Still, the colours look nice lol

Fundamentalist - 28 Feb 2006 14:28 - 8988 of 10502

Hanging on Betangel a bit now at my end - im gonna give it a miss for the rest of today

Scripophilist - 28 Feb 2006 15:15 - 8989 of 10502

Everything seems fine over here, four cracking races for me in a row. They appear to have pulled the colours, my theory, the load on their servers was too great when people started caching the colours and other data.

Seems fine now.

Fundamentalist - 28 Feb 2006 15:18 - 8990 of 10502

Seems better now though a bit late as i got caught earlier when i couldnt submit a bet just before the off - laid off in running but took a hit :-)

Fundamentalist - 28 Feb 2006 15:38 - 8991 of 10502

Couldnt get a bet laid in running in the last - tried to put in a lay at 2.00 for obrigado having backed heavily earlier - just refused to let me manually submit a lay in running - got matched at 1.77 on the site but my bet didnt

Fundamentalist - 28 Feb 2006 15:38 - 8992 of 10502

Couldnt get a bet laid in running in the last - tried to put in a lay at 2.00 for obrigado having backed heavily earlier - just refused to let me manually submit a lay in running - got matched at 1.77 on the site but my bet didnt

bakko - 28 Feb 2006 18:01 - 8993 of 10502

Steve...Apologies for my late response. Mad busy at work!

I agree that a night out is overdue and will speak with John and Tony tomorrow to organise a date.

Fleecing the casino? Speak for yourself cos I remember we were all on the wrong end of a fleecing session last time apart from yourself. And yes, I owe you a few beers for a recent tip.

Btw, Choccie has expressed an interest to join a betfair boys night out.

Chocs, Are you still up for it?

Fundamentalist - 28 Feb 2006 18:35 - 8994 of 10502

Bak

would be good fun if Choccie joined us - though i think she may be stunned at how much John puts away at the Chinese!!!

Harlosh - 28 Feb 2006 18:37 - 8995 of 10502

:-)))))

bakko - 28 Feb 2006 20:08 - 8996 of 10502

Crunchy

"Definitive Guide to Betting Exchanges" is 12.99 through the publisher's offer so stick with amazon.

Mega Bucks - 01 Mar 2006 08:43 - 8997 of 10502

morning all,have 7 bets on with BetonMarket that cable does not touch 1.72 1.722 or 1.728 in the next 7days for some nice returns :-)

Mega...

Fundamentalist - 01 Mar 2006 08:44 - 8998 of 10502

Mega

how do you find bet on markets?

Mega Bucks - 01 Mar 2006 08:46 - 8999 of 10502

http://neptune1.tradeodds.com/GB/BOMUK/MX3323

Hope that helps Fundy :-)

Fundamentalist - 01 Mar 2006 08:47 - 9000 of 10502

no, i meant how do you find them as a provider :-)
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