Betting exchanges are a fascinating new development in risk markets—a development that has turned the traditional bookmaking and gambling industry on its head. Betfair, Betdaq, and similar exchanges have changed the way in which people view risk and the pastime of gambling. Financial wizard Peter Webb makes the leap between betting exchanges and the stock market, applying his futures background to a detailed analysis of the exchange phenomenon and introducing techniques and strategies to trade the markets profitably.
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Peter Webb is a lecturer in Canadian literature at McGill University. He has published journal and book articles on Sara Jeannette Duncan, Timothy Findley, and Tom Thomson, and is writing a book-length study of war fiction entitled Shattered Lines: War in the Canadian Novel. He is a co-applicant member of the Editing Modernism in Canada (EMiC) research group.