Sports Betting and Long Term Markets

notorious · Mar 21, 2007

I made a post in the newbie forum but it didnt get very many responces. On WSEX you can bet on long term markets of teams, drivers, whatever. I was wondering if someone could tell me exactly how these work and the the best way to make money on them. If you sell before you buy and that means you eventually have to buy right? If the stock goes to 0 can you buy it then? How does it all work?

Please as much info on this as possible would be very appreciated!

SportsKing · Mar 21, 2007

notorious said:
I made a post in the newbie forum but it didnt get very many responces. On WSEX you can bet on long term markets of teams, drivers, whatever. I was wondering if someone could tell me exactly how these work and the the best way to make money on them. If you sell before you buy and that means you eventually have to buy right? If the stock goes to 0 can you buy it then? How does it all work?

Please as much info on this as possible would be very appreciated!

What exactly are you asking? Do you mean sports futures markets? If so, wagers are graded once the event has passed. Check your books rules and regulations before placing a bet. Your money is gonna be stuck on the bet until the event passes and your bet graded. One of the reasons why I don't like futures betting.

SportsKing · Mar 21, 2007

Oh... I think you're asking about WSEX's trading system and not about futures market.

notorious · Mar 22, 2007

Yes, I am talking about the trading market or whatever the term for it is. I looked on the site for instuctions on how it works but there arent any. I was wondering if anyone could explain the whole thing to me and then give me tips?

Sports Betting and Long Term Markets

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