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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 - 07 Mar 2005 14:57 - 1601 of 10502

Im having a shocker - only getting out of jail with horses getting beat - ive gone into 4 out 5 races with potential losses and thankfully only had one loser - im having a break for half hour!

Scripophilist - 07 Mar 2005 15:00 - 1602 of 10502

Site just hung there any how. So I've skipped the next race.

Scripophilist - 07 Mar 2005 15:12 - 1603 of 10502

"Im having a shocker"

It wouldn't appear to be an easy day. Six of this and half a dozen of the other.

Scripophilist - 07 Mar 2005 15:43 - 1604 of 10502

I can join the list of sorrow!

15:20 I was stopped out at 5.70, Not an issue but the market price was errr 3.70 and of course the raging favourite did not win but the horse with the loss on it did!!

Scripophilist - 07 Mar 2005 15:45 - 1605 of 10502

Four joint favourites at the 15:50!!

Fundamentalist - 07 Mar 2005 16:19 - 1606 of 10502

Come back and continued my shocker - just got out of jail with a faller in the last

Harlosh - 07 Mar 2005 16:34 - 1607 of 10502

Had a good day believe it or not. There was helluva lot of volatility in the prices so had to wait until they settled down before getting in. Someone was playing games.

Fundamentalist - 07 Mar 2005 16:42 - 1608 of 10502

"Someone was playing games" - yep and they played em better than me lol

Scripophilist - 07 Mar 2005 17:11 - 1609 of 10502

Well done Harlosh.

Massive drifter in the 17:10, Franco from 4's to 10's

Scripophilist - 07 Mar 2005 17:13 - 1610 of 10502

Franco, "Fell"

Harlosh - 07 Mar 2005 17:30 - 1611 of 10502

Yep, I traded that one, nice profit.

Fundamentalist - 07 Mar 2005 19:49 - 1612 of 10502

Scrip

fell is a kind description - watched the race - it took off about two strides too early and was on the way down when it ploughed through the fence and bringing down another horse at the same time.

personally had my worse day ever - but theres always tomorrow

Scripophilist - 07 Mar 2005 21:02 - 1613 of 10502

Sorry to hear you had a mare. Everybody does now and again. Here's hoping for a better day tomorrow.

Scripophilist - 07 Mar 2005 21:08 - 1614 of 10502

City and Bolton is starting to smell like a 1-1 to me.

jeffmack - 08 Mar 2005 15:40 - 1615 of 10502

Script
I used to have an auto-refresh that I believe I downloaded from betfair and alloed you to set your own refresh rate. Do you know where I can find it?

Scripophilist - 08 Mar 2005 15:46 - 1616 of 10502

Visit:-

http://www.probabilitytheory.info

And there are some scripts there.

whyallasteve - 08 Mar 2005 16:06 - 1617 of 10502

Scrip
Any chance of getting the financial info - when a loss etc..

Cheers
Steve

jeffmack - 08 Mar 2005 16:15 - 1618 of 10502

Cheers

Copper - 08 Mar 2005 16:30 - 1619 of 10502

So what's everyone's view on the footy tonight??
I reckon Barca win, Man Utd win, Lyon win

Harlosh - 08 Mar 2005 17:55 - 1620 of 10502

Maybe Copper but I wouldn't put money on it.
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