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, where there is no commission, no 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? Is this the perfect market?
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. In opposition to conventional risk markets, on this market, you are buying and selling risk on a sports event. But because you are trading, looking to take advantage of short term price movements, you have no need for any underlying knowledge in the actual event itself and you do not take any underlying risk in that event either.
Use the links on right to view a 30 minute discussion on this exciting new market. Or use the links on the left to learn more about the concept or to download the software.
*Betfair reserve the right to charge transaction costs for excessive use or abuse. |