Selling futures

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  • granto123
    SBR Rookie
    • 02-09-14
    • 1

    #1
    Selling futures
    Hi all I'm Australian and have an idea on using knowledge and predictive models to purchase future bets pre season on sports teams at a value and then when the team goes well and the price drops dramatically say mid season, then I will sell the bets off for a profit to anyone that now wants to take that bet. I have purchased a ticket at 1.90 preseason then seen the price go to 1.30 mid season so I sold the bet off for the price I backed (100$ @1.90 + -10$)sold for (110$).the team went on to make the finals in 2nd spot I got a profit and so did the buyer...pretty much exploiting the 99% of gamblers which will buy a good odd if they see one
  • byronbb
    SBR MVP
    • 11-13-08
    • 3067

    #2
    Why not just trade on betfair?
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