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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


tabasco - 23 Apr 2010 16:18 - 10461 of 10502

The liquidity can be a problem on big priced runners race gone so cant give you exact volumenext Perth race.which I do not have an interest in= total volume so far 355,839 .
Hit 27 returned 33.3 very small profittuck away in the notebook!Hannons usually need a run46 was too bigwill probably turn up at a Windsor evening meetingall done now!

Ruth - 23 Apr 2010 17:05 - 10462 of 10502

Tobasco, horse racing isnt for me, i was just interested in how much liquidity there was on the smaller races

I remember looking at the financial markets on betfair a few years ago, and the liquidity was dreadfull,
just a few quid here and there, not sure if thats changed now though .

Dil - 24 Apr 2010 01:39 - 10463 of 10502

Tabby / Ruth , Sky are saying 2 minutes ago (as have every other news channel for the last week) that given the current polls Labour will win the most seats.

Any thoughts on this and the odds on betfair for that happening ?

tabasco - 24 Apr 2010 07:31 - 10464 of 10502

General Election - Most Seats best odds
Conservatives..1.24...= 1/4
Labour.5.8.= 5/1
Liberal Democrats28.= 27/1

General Election - Overall Majority
No Overall Majority1.7.= 5/7
Conservative Majority.2.76...= 7/4
Labour Majority..24..= 23/1

Dil.if you read my earlier posts on this thread you will see that I had punts on a May Election and a Hung Parliamentand at a time when the majority were shouting Tory landslide
Ive had the May winner and now hold a large inviting odds against stake on an odds on fav. and have no reason to change my view!..
Work to doMorning Line to watchgood luck all.be safeholidays are coming..

Dil - 24 Apr 2010 09:17 - 10465 of 10502

your having a laff tabby , my flight last Sunday to Majorca was cancelled :-(


But why are the odds so out of sync with the polls tabby ?

tabasco - 25 Apr 2010 08:42 - 10466 of 10502

Sorry to hear that Dil but funny it is now safe to fly after aviation have reported losing so much money.. and are looking Government way for the tab?BTWno ash in the tunnel

When you were watching Sky News to check election oddswere you by any chance tuned into Dave by mistake?easy done for a man of your calibre!try this to give you all up to the minute odds

http://www.oddschecker.com/specials/politics-and-election/next-uk-general-election/most-seats

jeffmack - 14 May 2010 13:18 - 10467 of 10502

One of the horses Tabby gave us that lost is running tomorrow. Previous experience is that they win next time out so might be worth following.

Haljaferia 18:00 Doncaster on Saturday

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tabasco - 22 Apr 2010 13:30 - 10444 of 10466
The Point circuit has a great followingI have friends that have in the past had horses with Phil York and his FatherPhil is a great bloke...a legend in the point-to-point World and still a good Jockey

Perhaps Haljaferia Beverley 2-30 might be worth a piss takeI have it as a 7/2 chanceBetfair have it at 8.8 and I have backed it a lot higher...it will probably win next time outso dont back itthen I wont get the grizzle

Dil - 14 May 2010 16:45 - 10468 of 10502

I can do that too jeff , this from the horse racing thread :

"Dil - 14 Apr 2010 14:52 - 801 of 818
Charles Darwin EW
Kempton 5.35pm"

Came bloody nowhere and next time out 27/04/10 Lingfield 5.00pm 1st Charles Darwin 16/1 .... and I didn't have a penny on it !!!

jeffmack - 15 May 2010 17:42 - 10469 of 10502

Haljaferia surprise fav and being backed on betfair

Dil - 15 May 2010 23:10 - 10470 of 10502

Been trying to arb a few donkeys this week Jeff and it's suprising how many winners have been indicated just by the odds being lower on betfair than with the regular bookies.

Not done many so sample size is rubbish therefore not reading too much into at this moment in time.

Dil - 15 May 2010 23:21 - 10471 of 10502

Laid Alice Alleyne at 7 on betfair and bet it at 8 at one of the bookies. Free money as far as I can see , anyone else do it ? .... enter Kayak :-)

Kayak - 15 May 2010 23:23 - 10472 of 10502

Sorry, I'm studying... I'm behind enough having done the election.

Dil - 15 May 2010 23:27 - 10473 of 10502

Must be hard at your age mate , brain cells decaying , wife , kids , etc.

Good luck :-)

Kayak - 15 May 2010 23:33 - 10474 of 10502

It is, actually! Thanks.

jeffmack - 30 May 2010 21:07 - 10475 of 10502

Haljaferia was out again today and this time won atn 13/2. I had a bit on at 9s on Betfair so got my money back from previous runs.


jeffmack - 14 May 2010 13:18 - 10467 of 10474
One of the horses Tabby gave us that lost is running tomorrow. Previous experience is that they win next time out so might be worth following.

Haljaferia 18:00 Doncaster on Saturday

------------------------------------------------------------------------------


tabasco - 22 Apr 2010 13:30 - 10444 of 10466
The Point circuit has a great followingI have friends that have in the past had horses with Phil York and his FatherPhil is a great bloke...a legend in the point-to-point World and still a good Jockey

Perhaps Haljaferia Beverley 2-30 might be worth a piss takeI have it as a 7/2 chanceBetfair have it at 8.8 and I have backed it a lot higher...it will probably win next time outso dont back itthen I wont get the grizzle

Dil - 31 May 2010 00:56 - 10476 of 10502

Be better off just laying them when he first backs them Jeff :-)

tabasco - 15 Jul 2010 18:14 - 10477 of 10502

Loaded up with four experienced players in the openhopefully will be able to trade with them over Sat/Sun.might even have the winner amongst themPhil Mickelson Vijay Singh Lee Westwoodand Ernie Els.these four will be able to take the pressure and the predicted testing conditions DYOR.also had a very small punt on Colin Montgomery his last chance I fear!with a 150+ runners good odds to be had!

jeffmack - 16 Jul 2010 20:25 - 10478 of 10502

A couple for you Tabby, source should be obvious

Sat 5:05 Newb Graylyn Ruby
Tue 8:10 Bang Inmate

Dil - 17 Jul 2010 01:01 - 10479 of 10502

Will keep an eye out Jeff , tabby need something of value for tomorrow to match off so don't give a toss if it loses ... any suggestions ?

tabasco - 17 Jul 2010 07:48 - 10480 of 10502

Jeffwent to bed at two up at sixlot of play to doI guess the horses came from Darren Swantonevaluated the race earlier and made it a 6/1 chance pretty much in line with the trade papers.will look closer later if time?I notice he has an unraced 3 year old filly on the same Leicester card?
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