Sign in     Like us on Facebook Follow us on Twitter Watch us on YouTube

News and Blog

Join 5000 other sharemarket traders for regular blog updates!

Browse to a category

Blog Search

You Learn Something Everyday

Here is something I didn’t know – I had no idea that betting agencies presented their information in such a fashion.

The image below represents the collapse in betting around Tiger Woods to win the US Open – hell of a short trade if such things are at all possible.

email

Comments

  1. Betfair is actually similar to a CFD provider in terms of how it operates, and you can ‘trade’ these markets by backing and laying (same as buying and selling). I personally cannot see why the same trading principles would not apply. After all, it is just another market driven by human emotions/sentiment.

    • There is a difference though. Markets are completely driven by sentiment but in betting the final price is driven by an external input – who wins

      I do agree with you though in many ways. Last summer I was mentally placing bets on the test matches because the prices seemed to swing quite a bit each session. I was thinking that “this is day trading that isn’t boring!”

Speak Your Mind

*

General Advice Warning

The Trading Game Pty Ltd (ACN: 099 576 253) is an AFSL holder (Licence no: 468163). This information is correct at the time of publishing and may not be reproduced without formal permission. It is of a general nature and does not take into account your objectives, financial situation or needs. Before acting on any of the information you should consider its appropriateness, having regard to your own objectives, financial situation and needs.

email