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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


Scripophilist - 04 Feb 2005 17:17 - 921 of 10502

If you have 167 in risk capital you can move it again at 1.06 if you like! It's an empowering feeling knowing your capital can move markets. LOL!

Kayak - 04 Feb 2005 17:27 - 922 of 10502

Could you wait until my 1.05 has been taken before you move it, thank you :-)

Scripophilist - 04 Feb 2005 17:38 - 923 of 10502

Just to spite you I will fill that lay at 1.06

;-)

Scripophilist - 04 Feb 2005 17:41 - 924 of 10502

Actually it looks like there is still a lot of support at 1.05, No doubt lots of people buying money.

Harlosh - 04 Feb 2005 19:28 - 925 of 10502

Just had a look at the new software offered by AB for 25. Don't know about you but looks to be far too much info to take in all at once. Bit miffed also that they are charging for it when upgrades are supposed to be FOC.

Scripophilist - 04 Feb 2005 21:10 - 926 of 10502

I may get the chance to trial it FOC Harlosh. I have been speaking to AB at the moment about a number of things. I will try and get a look at it and do a write up. I am also seeing Betfair and Sporting Lot on Monday so something may come out of that. Don't know yet.

Fundamentalist - 04 Feb 2005 21:39 - 927 of 10502

Evening all

just been out for dinner - 60 for 2 of us - home for 10 mins at the end of football - dinner paid for lol!!!

Scripophilist - 04 Feb 2005 21:42 - 928 of 10502

LOL! - Well mine was a chinese takeaway, but the same result.

Fundamentalist - 04 Feb 2005 21:44 - 929 of 10502

Scrip

a very nice italian

and proof of how easy your theories are to implement, i had a very nice bottle of rioja prior to trading

Bones - 04 Feb 2005 22:56 - 930 of 10502

I'm now booked in to the course Peter. After the bowling comes the betting :)

Harlosh - 05 Feb 2005 00:47 - 931 of 10502

Will be good to have you on the thread Bones.

Scripophilist - 05 Feb 2005 14:45 - 932 of 10502

Scotland doing very well against France this could be my biggest pay day ever. Just considering when to cover the position.

Dil - 05 Feb 2005 14:52 - 933 of 10502

I've covered and already on a no lose situation with Wales but only win if Wales win :-)

cunningham - 05 Feb 2005 14:54 - 934 of 10502

Same position in the Scoland game, only win if Scotland win but no exposure otherwise. Did not intend to be in this position just mis-judged the odds when I greened up.

Fundamentalist - 05 Feb 2005 14:55 - 935 of 10502

Scrip

The jocks have done us proud - im closing and reversing it at half time - i think the french will have had a rocket at half time

chartist2004 - 05 Feb 2005 14:56 - 936 of 10502

Hi Scrip, Yes Scotland playing very well, I'm doing fine also greened up for 149% profit. Layed France @ 1.06 / backed @ 1.17. should have waited till now 1.23!!
Onto the footy now!

Fundamentalist - 05 Feb 2005 14:56 - 937 of 10502

horses been good today too :-)

Fundamentalist - 05 Feb 2005 14:58 - 938 of 10502

layed at 1.07, backed at 1.25 - nice

Scripophilist - 05 Feb 2005 15:04 - 939 of 10502

Scotland 9-0. Have covered a chunk at 1.40's and will leave a chunk to run.

Harlosh - 05 Feb 2005 15:06 - 940 of 10502

Cunningham,

What was your original bet?
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