Quantsports, Ninjatrader and Betfair | Trading Reviews and Vendors


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Trading Reviews and Vendors


Discuss and review vendors of commercial trading products, trading rooms and services, trading indicators or third-party paid add-ons




 

Quantsports, Ninjatrader and Betfair

  #12 (permalink)

Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,731 since Mar 2010
Thanks: 4,231 given, 25,990 received


QuantSports View Post
I think you might have slightly misunderstood, but that's entirely understandable for someone unfamiliar with the betting exchanges. Pre-event sports trading does not require knowledge of the actual event, just the price. A lot like in some forms of futures trading; trading is entirely market profile based.

Fundamental analysis is used by the traditional bettor who does not seek to trade the hypothetical probability of an outcome happening.

Thanks for pointing to this. If I misunderstood anything, it was a bit on purpose. I am not following any horse races, although I know that some people use sophisticated mathematical models to do arbitrage between different types of bets. NinjaTrader does not allow for executing spreads, so your customers are limited to directional bets, and commission and bid/ask can only be earned once.

How is this marketplace regulated? I would not trade on many FOREX retail platforms, and I have no confidence in instruments like CFDs. I am not afraid of futures and options, but I might be afraid of horse betting,

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