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Trading The Betting Exchanges

Online trading from home is one of the fastest growing new home businesses in Great Britain today. But can the huge growth in online trading from home be sustained? And does this whole area of online business have an international future? I think it has, and so do thousands of others judging by the massive increase in liquidity in these markets in recent years.
The numbers of people working from home utilising the talents of the Internet continues to grow at breakneck pace and one of the largest areas of growth in Britain is Online Trading, both in sports and miscellaneous markets.
There are numerous advantages of setting up and running a sports or miscellaneous trading operation from home. Firstly overheads are kept to a minimum, there is no need for expensive office accommodation or expensive staff, and there is no requirement to buy stock or any possibility of bad debts. Secondly, any and all profits are completely tax free (in Britain presently at least, though you would need to check that stat in your area.)
The markets that you can trade from home are far too numerous to mention here, but are not confined solely to sports. Political appointments and results, stock markets, even reality TV show results are avidly followed by the growing army of online traders.
So what is the difference between online trading and gambling? Simple, in gambling you back a horse or a team in the hope that it wins. In online trading you buy a bet because you believe it to be of good value, and then you can sell it to someone else for more money if you wish, thus locking in a guaranteed profit regardless of the outcome of the race or event or whatever it is. Alternatively if you believe a bet to be overvalued you can sell it first, with the idea of buying it back at less money later on to make your profit. This operation was totally impossible with a traditional bookmaker prior to the invention of betting exchanges.
So what is the difference between trading the Dow Jones closing price on the stock market, to trading the same thing on a betting exchange? In my view, absolutely nothing at all, except of course the ridiculous advantage I previously mentioned that all your profits on the betting exchanges are untaxed. Little wonder then that serious businesses and serious money have been pouring into the betting exchanges in the past few years.
They also offer a hedging vehicle to balance existing trading in more traditional markets and here too the influx of business has been heavy and sustained.
Already there are countless books and courses available supposedly to tell you and teach you how to effectively trade these exchanges. As with all business books and manuals, some are brilliant and rapidly become bibles, while others need leaving in the nearest public convenience poste haste.
All this interest in online trading has brought a huge surge in liquidity that makes it so much easier to trade. On one exchange alone during a recent cricket match in excess of forty million pounds was matched, that’s about seventy million dollars. On one game!That’s a stat that is bound to make anyone think seriously about online trading.
Incidentally you can still get a free thirty-dollar bet with Betfair.com, the London based exchange, if you enter the code 6CHE3VPWJ when prompted. Take a look too at Betdaq.com, an Irish exchange based in Dublin that is going from strength. They have a very nice website packed with interesting markets and a comprehensive help section.
Betting exchanges are gaining credence and influence all the time and with each month that passes seemingly another country legalises the entire operation, and it would seem that it is only a matter of time before the large exchanges are completely legalised and accepted worldwide. The exponential growth in this sector is sure to continue, governmental interference being the only possible obstacle to their onward worldwide popularity. Little wonder then that this is one of the largest growth sectors for new start-up businesses, a fact that is bound to attract even greater interest as it continues to grow.
If you are thinking of starting a new online business from home, and if you have a talent for maths, you could do a lot worse than check out the whole business of online trading. Best of luck. http://forexmarket.site/news-66-network-marketing-why.html
submitted by Giuelith to Travelbroker [link] [comments]

Has anyone else had success on bitcoin betting exchanges?

Many are probably familiar with betting and gambling, at least in theory. One popular are of betting is Sports Betting, with the various off and online sports books. Another option is called the betting exchange, made popular by sites like Betfair and BetDaq. The problem with these sites is that if you live in certain jurisdictions, you are denied the opportunity to participate, because your government thinks they know what's best for you...and we all know how free from corruption our governments are!
Enter bitcoin, and the various BTC betting sites. This can include bookers, like Book Maker or BetBTC These sites still remind you to be mindful of your jurisdiction, although BetBTC, you can be "logged out and anonymous." However, you are still limited on your options. Also, you can't make your own bets.
One option (note, am an affiliate) is betting exchange sites, such as Bet Moose Many sports books don't include things like Pro Wrestling matches, UFC, etc. Sites like this allows you to create such bets. While you can be anonymous in placing bets, you do need an account to host bets, but you can use any email you want, and you can communicate with your audience using GPG/PGP, and such.
submitted by ozzymondiaz to BitcoinBeginners [link] [comments]

A decent way to make some BTC: a betting exchange.

Many are probably familiar with betting and gambling, at least in theory. One popular are of betting is Sports Betting, with the various off and online sports books. Another option is called the betting exchange, made popular by sites like Betfair and BetDaq. The problem with these sites is that if you live in certain jurisdictions, you are denied the opportunity to participate, because your government thinks they know what's best for you...and we all know how free from corruption our governments are!
Enter bitcoin, and the various BTC betting sites. This can include bookers, like Book Maker or BetBTC These sites still remind you to be mindful of your jurisdiction, although BetBTC, you can be "logged out and anonymous." However, you are still limited on your options. Also, you can't make your own bets.
One option (note, am an affiliate) is betting exchange sites, such as Bet Moose Many sports books don't include things like Pro Wrestling matches, UFC, etc. Sites like this allows you to create such bets. While you can be anonymous in placing bets, you do need an account to host bets, but you can use any email you want, and you can communicate with your audience using GPG/PGP, and such.
Additionally, with such a site, you can host and bet on anything, such as Who will be eliminated from Dancing with the Stars.
Whether you simply place bets against others, or host bets, a BTC betting exchange can be a nice way to make some extra coin.
submitted by ozzymondiaz to Bitcoin_News [link] [comments]

UK Partner needed for low risk venture

Alright, so this is probably going to sound like one of those stupid con work from home things at first, but hear me out.
I'm interested in starting up a business to exploit arbitrage opportunities in online, live sports betting. The general idea is to exploit inconsistencies in odds across different betting exchanges to place bets that return a profit no matter what the outcome. Especially with in game betting with odds rapidly changing, there are opportunities every now and then to make a guaranteed 0-1% return on investment. Not a huge amount, but with a program to automatically monitor and place bets and hundreds of markets with millions of dollars a day, there is plenty of money to be made.
I have written a proof of concept trading program to analyse possible trades and highlight situations where they would occur, and am working on the bit required to automatically place these bets.
The problem is, because of strange laws in Australia, Australian residents cannot bet on live matches over the internet (whereas almost every other country in the world, excluding the U.S., can). Australian residents can bet over the phone, but for such a system this is too slow to make any money. Thus it is both illegal and impractical (since all accounts need to be verified using some form of ID, I can't just claim to live in another country) for me to personally have an account that can bet on live matches.
Thus, I need somebody living in a country that is not Australia or the U.S., preferably the U.K., to setup the betting accounts and maintain responsibility for them. I will then deposit money in the accounts and direct the betting program (which will be running on a server in the U.K. so it is close to the exchange) to use them to conduct the live betting. This would involve signing up the accounts in their name, and then completing the verification check at a post office. I am willing to offer $100 (Australian... pounds are roughly half that) for setting up and verifying the accounts, and then ongoing 3% commission of net winnings on the accounts. All you have to do it set up the account and verify it.
You'll also probably need a paypal account or something similarly easy for me to pay you with. Additionally, if you already use online betting services it might not work; I'm not sure if you can hold multiple accounts, would have to check the ToS.
"Is this some scam to bet money on accounts with other people holding the liability?" No. The exchanges I will be using (betfair and betdaq are the main two) will never let you bet more money than you have deposited in the account. I cannot run up a liability and have it under your name.
"Whose money are you using to bet? Do I need to pay you anything?" My own money. I am not asking for any investment of any sort. If I do need investment I have other sources to go for rather than asking people over the internet for money.
"Is this some scam to bet money on rigged matches / some other illegal betting and let other people take the blame if found out?" No. I'm more than happy to explain more in detail the betting process.
If interested, send me a message on reddit.
TL;DR I have a program to make money on live betting, which anybody in any country except the one I am in can do. Please help.
submitted by mehwoot to Entrepreneur [link] [comments]

UK Partner needed for low risk venture

Alright, so this is probably going to sound like one of those stupid con work from home things at first, but hear me out.
I'm interested in starting up a business to exploit arbitrage opportunities in online, live sports betting. The general idea is to exploit inconsistencies in odds across different betting exchanges to place bets that return a profit no matter what the outcome. Especially with in game betting with odds rapidly changing, there are opportunities every now and then to make a guaranteed 0-1% return on investment. Not a huge amount, but with a program to automatically monitor and place bets and hundreds of markets with millions of dollars a day, there is plenty of money to be made.
I have written a proof of concept trading program to analyse possible trades and highlight situations where they would occur, and am working on the bit required to automatically place these bets. The problem is, because of strange laws in Australia, Australian residents cannot bet on live matches over the internet (whereas almost every other country in the world, excluding the U.S., can). Australian residents can bet over the phone, but for such a system this is too slow to make any money. Thus it is both illegal and impractical (since all accounts need to be verified using some form of ID, I can't just claim to live in another country) for me to personally have an account that can bet on live matches.
Thus, I need somebody living in a country that is not Australia or the U.S., preferably the U.K., to setup the betting accounts and maintain responsibility for them. I will then deposit money in the accounts and direct the betting program (which will be running on a server in the U.K. so it is close to the exchange) to use them to conduct the live betting. This would involve signing up the accounts in their name, and then completing the verification check at a post office. I am willing to offer $100 (Australian... pounds are roughly half that) for setting up and verifying the accounts, and then ongoing 3% commission of net winnings on the accounts. All you have to do it set up the account and verify it.
You'll also probably need a paypal account or something similarly easy for me to pay you with. Additionally, if you already use online betting services it might not work; I'm not sure if you can hold multiple accounts, would have to check the ToS.
"Is this some scam to bet money on accounts with other people holding the liability?" No. The exchanges I will be using (betfair and betdaq are the main two) will never let you bet more money than you have deposited in the account. I cannot run up a liability and have it under your name.
"Whose money are you using to bet? Do I need to pay you anything?" My own money. I am not asking for any investment of any sort. If I do need investment I have other sources to go for rather than asking people over the internet for money.
"Is this some scam to bet money on rigged matches / some other illegal betting and let other people take the blame if found out?" No. I'm more than happy to explain more in detail the betting process.
"Does this app contravene the sites ToS?" No. Both sites encourage or at least expect algorithmic betting or custom programs to bet; BetDAQ for example has a developer API with documentation, and levels of access specifying how many calls you can make within a certain timeframe (which are quite generous; and you can apply for a sum each month for higher limits). Betfair has something similar.
If interested, send me a message on reddit.
TL;DR I have a program to make money on live betting, which anybody in any country except the one I am in can do. Please help.
submitted by mehwoot to unitedkingdom [link] [comments]

How to lay a bet at Betdaq betting exchange How Betting Exchanges Work: SIMPLE Explanation... (Step by Step) BETDAQ Exchange: Trading a Horse Race BETDAQ Exchange: The Mechanics of Exchange Trading How does a betting exchange work ? We compare odds at Betfair, Smarkets and Betdaq

Technology plays a huge part in the quality of a betting exchange and as we’ve already touched on earlier in the review, Betdaq is the largest provider of betting exchange technology. Their tech is obviously at the forefront of the industry and used by many popular companies. Betdaq offers a very reliable platform that you can rely on 24/7. The Betdaq Exchange competes in a online UK betting market that is estimated to be worth £750 million with nearly 2.1 million customers. Although there are plenty of betting exchanges that are trying to capture this market, Betdaq exchange stands-out among them. As one the fastest growing and the second largest sports betting exchange in the UK. We've updated our Privacy Policy and Cookie Policy to provide more detailed information as requested by new EU privacy laws. Accept Betdaq online betting provides exchange markets for over 15 sports. On top of this, there are markets for Virtual Sports and Politics. The full list of Betdaq sports is; Horse Racing, Soccer (football), Greyhound Racing, Golf, Cricket, Tennis, Ice Hockey, Rugby Union, Rugby League, American Football, Basketball, Formula 1, Baseball, Boxing You last logged in on . Join Now: Forgot your username / password?

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How to lay a bet at Betdaq betting exchange

BETDAQ Exchange: Benefits of Trading Tools over Manual Trading ... How Betting Exchanges Work: SIMPLE Explanation... (Step by Step) - Duration: 1:32. ... Principles of Ion Exchange Chromatography ... BETDAQ Exchange: Free Trading Software: Introduction to Bet Angel ... The Biggest Lie In Betting - Don't Place Another Bet Until You've Seen This! ... BETDAQ Charlton Charity Challenge - Kashi v ... In this simple but effective video, produced by Betdaq I explain how betting exchanges work, and why they are a better proposition for anyone that is interested in value betting. BETDAQ Exchange: Free Trading Software - Peter Webb Live Trading on Bet Angel for BETDAQ ... Betting Tips: The secret to profitable Betfair trading and betting - Duration: 17:22. Plastering a new finish coat sand finish and texture, Plastering tips to minimize cracking stucco - Duration: 1:01:29. Kirk Giordano plastering Inc. Recommended for you