Anyone on here?

Which platform do you use?

What's your favourite markets?

Your money, or your firms, or fake "player" money?

 

IG have best trading platform. Cityindex also very good.

 

Havent checked out IG, but would figure given they're the market leaders

I'm currently using TradIndex, only one I could remember one evening.

 

Get an account with all the players in the market. That way you will be able to take advantage of any arbitrage opportunities that become available. Best year I made £2.5k just through arbitrage trading.

 

Really!?!?!?

 

I was thinking the same thing!

I know you can arbitrage on Sports spreads now with the advent of Betfair, but I thought the financial markets moved too quickly to make it viable.

 

Yeah - the theory says that could exist, but neigh on impossible to do so in the real world due to the transparency of the market...

 

Yep. Exactly my thoughts too.

 

I should make it clear that this was before the firms offered online trading and there were more firms in the market. It was almost too easy to make a small profit most days but it did require a lot of time trawling through all the markets. Now that it is all online trading it is far harder to do and the opportunities are very limited.

Sports have always been a lot easier. I have consistently made a profit from football by arbitrage trading the bookings market during the game, as this is one of the best markets for arbitrage.

It does help that I used to be a bookmaker so can calculate odds and %s in seconds and also have the time available to do this, plus I know how to calculate and run a market. The beauty of arbitrage betting is that there is no financial risk whatsoever providing you are fully conversant in what you are doing.

On occasions, to balance their books, firms will actively encourage you to buy or sell at a certain time. Differnet odds makers will read market movements in different ways, although 75% of the spreads are made using statistics the other 25% is the province of the odds makers, so there will always be the opportunity to make money. It is usually only small amounts at at time, because they are not benefactors and know exactly what you are doing so will limit the amount of £s per point they will lay you.

 

sorry,but what the fuck are you lot talking about? im interested to learn,but i dont understand a single word anyone just said!

 

big_wig_074

Look up the concept of spread betting just by searching.

Then look into how it is applied to the world markets, and it'll become clear.

I do recommend having a look at Tradindex.com, as their guide is very simple, almost too simple!

I'm an Accountant, not a trader, so bet with my own money. £ / $ / Euro rates are my preferences.