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.

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Just bagged a chunk of money on 16:20 at Folkstone. Favourite just suddenly drifted a large amount just before the off. Anybody else on the race?

Hi Harlosh,

I know i sound over eager to make money quickly and i am, but i also know that is not the way to go about it as it could all go very wrong, that is why i have been paper trading for so long (2yrs) I have made a lot of money on paper but when it comes to the real thing it's a different story!! I was just wondering on average what people made weekly on betfair so that if ever something went wrong (at work for example) would i be able to make 150ish weekly on betfair just to tide me over? Say if i had a pot of around 300

What d'ya think?

Blondie,

With a pot of 300, absolutely not. As I said above, money management is just as important on Betfair as it is on the financials. It is feasible to do so with 300 but with one or two losses you could be wiped out.

I promise you if you try to make money too quickly, you will overtrade and lose it all.

The Europe XI v World XI,tonight Correct Score - Any Unquoted odds 2.66 / 2.74 are they v good at scoring? Or have I missed somthing?

You missed something. Have a look again at the event and re-appraise. I'm not trading it but will probably watch it. Lay 0-0 is probably the best bet!!

Thanks Scrip will try that (not) ;

ROFL, Just been laying no next goal on this match for fun. Not serious money but 4-3 now or 700%, I can't believe people are trying to actually place odds on this match.

Now 5-3 I sense a 5-5 draw on the cards!

Did anyone back the Any Unquoted @ 2.66 then layed @ 1.04 (these were the actual odds) just before the 4th goal to green up for 147% profit, no? that makes two of us, I was only an observer!! more's the pitty...

Weird stuff and these sort of matches will not be a stable diet ever, I think. Still can't believe people were trying to make a market on this game.

Bless their cotton socks, Betfair.

Tonights in play soccer: -

16:00
17:15
18:00
19:00
19:30
19:45
20:30
21:15

Going to be a busy night!!

The Inter v Atalanta game seems the best bet. Atalanta currently bottom of the table.

I'm having problems with my refresher, though it only occurs when I have ABP open. Driving me crazy. Anybody else having problems?

Inter just scored. Nice!

And again. Even nicer!

Re : The refresher it seems to reload the whole market every now and again. Is that the same issue you are having?

Just about to green up on Inter and they score again. This is great!!

Sounds similar Scrip. The race I'm trading on re loads and the refresher stops working. On the left hand side, instead of showing Todays Card, it clicks on to show all the races at the particular meeting I'm trading on. But it's not just occasionally, it's every few seconds sometimes. I'm lucky if I get 1 minute uninterupted.

Harlosh and Scrip,

I have similar intermittent problems with the refresher too. I just have to reload it when it occurs. It's a pain in the backside but don't have any choice.

Just tried to lay Shaktar Donesk - as i clicked the bet the market was suspended as they conceded a goal - damn!!!!!!

was out and missed the start of the inter game - well done all