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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


Dil - 04 Dec 2009 20:43 - 10401 of 10502

If Jimmy or Kim go first will Gino's price fall or do you think it has bottomed tabby ?

Not too familiar with the price action on these competitions , only ever follow BB but even then not the final night.

tabasco - 04 Dec 2009 23:45 - 10402 of 10502

Sorry dilkeyboard red hotGino touched 1/20... 95.24% I done ok but it should have been betteras for Ginohe is off for a buona scopata

Dil - 05 Dec 2009 00:05 - 10403 of 10502

Just home tabby , thought sod it as I hadn't heard from you so piled in at 1.13-1.15 on gino while three left standing.

Soon as I did it odds got better but hey thats sods law .... watched the result in the pub .

Dil - 05 Dec 2009 00:45 - 10404 of 10502

... u know what tabby , I starting to like you (meldex aside) ... :-)

tabasco - 06 Dec 2009 15:30 - 10405 of 10502

Drink talking lol?

XFactor 9th elimination tonightthese are the up to minute odds:-
5/6 Olly.11/5 Danyl13/2 Stacey37/1 Josephif you were to couple Olly and Danyl to be eliminated tonighttheir odds represent 84.53% of the bookthe way I read tonight isSaturdays performances was nothing special by all four singersOlly has been in the bottom two for the last couple of weeksso the form is therebut?if you take into account he was a short priced fav. to win the competition four weeks agohe does have voters out there which might come back in his hour of need?Danyl is defiantly Cowells fav. and he does not hide this factthese comments do without doubt influence the young votersso with Joseph as safe as Dil being Welshthere could be value in a small punt on the ditzy Stacey13/2 in what effectively is a three runner raceis generous oddsI have to be honest and say I have two nice bets from the beginning on Danyl and Joseph[Joseph is 4/9 to win Xfactor] both at double figure oddswith Danyl being my better result no point in smashing in on Stacey tonightbut I have had a small puntno advice intended just a bit of fundyor

tabasco - 10 Dec 2009 12:37 - 10406 of 10502

Next General Election - Overall Majority
Conservative Majority.4/9
Labour Majority..13/1
No Overall Majority16/5
Any Other Party Majority219/1

The Tories would need 325 seats to have an overall majority in 2010...a small swing as from now might decide the election result. If Labours achieve 30% of the votes and the Conservatives 40%we would face a hung Parliamentif they achieved 41%they would win with an overall majoritya hung Parliament is more than possible .May 2010 is 2/5 for the next General Election

jeffmack - 11 Dec 2009 13:38 - 10407 of 10502

The assumption that the general election will be on May 6 was jolted yesterday after a surge of bets on a March poll.

The speculation, inspired by Conservative politicians and commentators, caused Ladbrokes to stop taking money on a March 25 election date after dozens of three-figure bets. Many of them were placed in the Westminster area, according to the companys spokesman, David Williams.

The rationale behind the date is that it would remove the need for a pre-election Budget. A Budget cannot happen until three months after a Pre-Budget Report. A March 25 election would require Parliament to be dissolved within three months, ruling out a Budget.

The argument made by Conservative MPs and advisers was that with the public finances in a such a parlous state, Alistair Darling would have nothing to cheer with a pre-election Budget.

Dil - 13 Dec 2009 22:24 - 10408 of 10502

Nice result on x factor tabby ... been nibbling at Joe myself.

Much better than those poxy horses you gave us :-)

tabasco - 14 Dec 2009 08:38 - 10409 of 10502

Good morning all DilI never gave you poxy horses!!!I know value at tissue pricewhen I gave value bets the SP was almost always very much shorter than when suggestedand that was after I had lumped on!the liquidity is a problem on exchangesand the big industry boys monitor for guidanceif the horse wonit was a Brucie bonus!your loss my friend
Congratulations to Joehis odds of 30/100 was a true reflection of his chancesalthough I had a nice punt on at double figure oddsI ended with 6/4 my total stakes.Danyl would have given me 13/2...I still maintain he was the most talented

Jeffthe General Election will be at the earliest May

The speculation, inspired by Conservative politicians and commentators, caused Ladbrokes to stop taking money on a March 25 election date after dozens of three-figure bets. Many of them were placed in the Westminster area, according to the companys spokesman, David Williams.
-----------------------------------------
Three figured betsas much as that? FFSBrown would want to buy as much time as possibleBritain is the only country in the G20 group of the world's most powerful economies still in recessionI know the guy is a 22carat twatbut take a punt while we are bottom of the heap?the budget will have many more twistsand even I would give him more credit than that.
This was a stunt by Ladbrokes to level their bookBetfair is the best guide
I always look for valueI cannot see any alternativesMay is a very good betJune is even a possibility over March?as I am on holiday during those two monthsmy attentions will be elsewhereNo Overall Majority @16/5 could be the betand possibly the best result for the Country.

Betfair site down until elevenwill post prices after.

tabasco - 14 Dec 2009 12:45 - 10410 of 10502

Election Date - Month.May 1/2..March7/4June 17/1 . 18s bar

No Overall Majority 16/5..Conservative Majority 2/5..Labour Majority13/1

tabasco - 27 Jan 2010 14:54 - 10411 of 10502

Jeffremember? 14 Dec 2009
.Election Date - Month.May 1/2..March7/4June 17/1 . 18s bar

Currant prices.. Election Date - Month.May 1/6..March12/1 June 12/1 . 18s bar

I hope you swerved a March punt and lumped on Mayone horse to look at todayMR BIG 3:50 HuntingdonNoel Fehily riding for Charlie Mannlast four rides for the trainer produced two winsone second and one thirdthe horse has only run once at the track and finished 2 0f 16...forget the last runstretched on distanceall pluses todayI am on averaging 10s plus. Probably still tradable 9/1 availableplease DYOR

jeffmack - 27 Jan 2010 15:00 - 10412 of 10502

Tabby
Cheers for the horse, will take a look.

tabasco - 27 Jan 2010 15:44 - 10413 of 10502

Noel Fehily just rode a nice second for Charlie Mann Sullumo 9/2 btn by the useful Mighty Man 3:20 Huntingdonbodes well for Mr Big

Dil - 27 Jan 2010 16:12 - 10414 of 10502

You ramping horses again tabby ???

jeffmack - 27 Jan 2010 16:15 - 10415 of 10502

Got well beat Dil

tabasco - 27 Jan 2010 16:17 - 10416 of 10502

Hold my hands upbut 7.2 in running would have still given small profit

anbanree - 12 Feb 2010 11:11 - 10417 of 10502

.

tabasco - 20 Apr 2010 11:55 - 10418 of 10502

Best General Election odds
No Overall Majority8/13
Conservative Majority15/8
Labour Majority.27/1

I was lucky again there Jeff Big question isdo I take the profitsell and hold some? or do I go all on? what would you do Jeff?

tabasco - 20 Apr 2010 12:06 - 10419 of 10502

BTW JeffI forgot to tell youMr. Big came out next time on the 19th Feb. and won easily at the rewarding odds of 15/2...like I told youit was rated to winunfortunately horses are not machinesand sometimes do not run up to formI post up horses that have the capability at the ratingand are good valueall part of being a lucky thicko

ptholden - 20 Apr 2010 18:15 - 10420 of 10502

Well, that's useful, a horse that wins with hindsight, must try it some time.

How about Spurs to beat Chelsea? I understand they have a good chance, very attractive odds.
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