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BETTRADER PRICING & SUBSCRIPTIONS. PURCHASE TODAY BetTrader Pricing & Subscriptions. When you Download BetTrader you automatically receive a 14-day free trial of the full version. When your free trial runs out you can continue to use BetTrader in limited mode for free for as long as you want. Upgrading to a subscription is easy, simply pick the subscription that suits you in the app and click CONTACT US: RACINGTRADERS & BETTRADER SUPPORT Get in touch, whatever your query. Contact RacingTraders support for help and advise with BetTrader. HOW TO CALCULATE BOOK PERCENTAGE Taking a typical competitive race (real example at Paddy Power), to calculate the book percentage divide 1 by each of the decimal odds and add them all together: 1/6.5 + 1/7 + 1/7 + 1/8 + 1/9 + 1/9 + 1/11 + 1/11 + 1/13 + 1/17 + 1/19 + 1/19 + 1/26 for this 13 runner race. Adding these together gives 1.248 which we then need to multiply by100
ARCHIVES: MANUAL
BetTrader User Manual. Below you will find the BetTrader User Manual in two formats: text and video. If you have any questions about BetTrader get in touch with us, we would be happy to help. BETTRADER USER MANUAL: BACK AND LAY TIMER To set up the back or lay timer, click on the + sign next to the tool and tick the box to the right. Choose a selection from the dropdown or use All/field to lay the field. Enter your stake and odds and the time in the relevant boxes, check either – (before) or + (after) and click submit. The bets will be BETTRADER USER MANUAL: RIGHT CLICK TICKS Right Click Ticks. At the bottom of the settings menu is the option to set a number for Right Click Ticks. This tool is most useful on the grid. Suppose you have a bet that is unmatched and some distance away from the trading area. You may want to move it nearer so that it is more likely to get matched. Rather than having to cancel the bet and THE SCRATCH TRADE: HEADS YOU WIN, TAILS BREAK EVEN The Scratch Trade: Heads you Win, Tails Break Even. The scratch trade is probably the single most important key to success in short term scalping of the UK horse racing markets on Betfair. Being able to Lay and Back at the same price without loss, and without even having to pay commission on the round-turn, is such a benefit that it has to be RACINGTRADERS: SPORTS BETTING & BETFAIR TRADING SOFTWAREBETTRADERVIDEOSSUPPORTABOUT USEDUCATIONFEATURES BetTrader is a browser-based Betfair sports trading software application that displays live-updating Betfair markets in your internet browser, allowing you to place bets faster and more effectively than is possible with the Betfair website. Streamlined bet-submission processes allow you to place bets with fewer mouse clicks and less mouse movement. BETTRADER, BETFAIR SPORTS TRADING SOFTWARE FROM RACINGTRADERS BetTrader is the most innovative and intuitive Betfair trading platform on the market today. It is a browser-based software application that displays live-updating Betfair markets in your internet browser, allowing you to place bets faster and more effectively than is possible with the Betfair website. BETTRADER SOFTWARE DOWNLOAD FOR WINDOWS PC Download the latest version of BetTrader by clicking the ‘Download Now’ button above, this will download a file called BetTrader.Setup.exe into your Downloads folder. Double click to run, depending on your version of Windows you may be prompted multiple times to let BetTrader perform actions while installing on yourcomputer.
BETTRADER PRICING & SUBSCRIPTIONS. PURCHASE TODAY BetTrader Pricing & Subscriptions. When you Download BetTrader you automatically receive a 14-day free trial of the full version. When your free trial runs out you can continue to use BetTrader in limited mode for free for as long as you want. Upgrading to a subscription is easy, simply pick the subscription that suits you in the app and click CONTACT US: RACINGTRADERS & BETTRADER SUPPORT Get in touch, whatever your query. Contact RacingTraders support for help and advise with BetTrader. HOW TO CALCULATE BOOK PERCENTAGE Taking a typical competitive race (real example at Paddy Power), to calculate the book percentage divide 1 by each of the decimal odds and add them all together: 1/6.5 + 1/7 + 1/7 + 1/8 + 1/9 + 1/9 + 1/11 + 1/11 + 1/13 + 1/17 + 1/19 + 1/19 + 1/26 for this 13 runner race. Adding these together gives 1.248 which we then need to multiply by100
ARCHIVES: MANUAL
BetTrader User Manual. Below you will find the BetTrader User Manual in two formats: text and video. If you have any questions about BetTrader get in touch with us, we would be happy to help. BETTRADER USER MANUAL: BACK AND LAY TIMER To set up the back or lay timer, click on the + sign next to the tool and tick the box to the right. Choose a selection from the dropdown or use All/field to lay the field. Enter your stake and odds and the time in the relevant boxes, check either – (before) or + (after) and click submit. The bets will be BETTRADER USER MANUAL: RIGHT CLICK TICKS Right Click Ticks. At the bottom of the settings menu is the option to set a number for Right Click Ticks. This tool is most useful on the grid. Suppose you have a bet that is unmatched and some distance away from the trading area. You may want to move it nearer so that it is more likely to get matched. Rather than having to cancel the bet and THE SCRATCH TRADE: HEADS YOU WIN, TAILS BREAK EVEN The Scratch Trade: Heads you Win, Tails Break Even. The scratch trade is probably the single most important key to success in short term scalping of the UK horse racing markets on Betfair. Being able to Lay and Back at the same price without loss, and without even having to pay commission on the round-turn, is such a benefit that it has to be ABOUT RACINGTRADERS & BETTRADER SOFTWARE About RacingTraders. RacingTraders is the trading name of Racing Traders Limited, a limited liability company registered in England and Wales, company number 08959615. BetTrader is a Betfair betting and trading interface and was the first of its kind to offer one-click betting on all Betfair markets and the first Betfair application toinclude
BETTRADER SOFTWARE FULL FEATURES & DESCRIPTION This ladder view is a very popular trading interface on the world’s financial markets, and BetTrader was the first Betfair trading software to offer this interface to Betfair traders. Price literally moves up and down. Visualise up and down price movements much easier.Submit bets
BETTRADER USER MANUAL: TOOLS OVERVIEW BetTrader has a range of simple tools designed to make placing certain types of bets faster and easier. These are stop-loss, tick offset, back and lay timer, fill or kill, drip-feed, order cancels order (OCO), stop entry and chaser. Tools can be activated by ticking the box to the right of the tool BETTRADER USER MANUAL: VIDEO Video Manual — The Ladder. A video guide on using the BetTrader Ladder from RacingTraders. Ladder mode is one of three modes in BetTrader, displaying prices in a vertical format allowing you to seemovements quickly.
BETTRADER USER MANUAL: BETTRADER SUBSCRIPTIONS To use all the features after a free trial BetTrader requires a paid subscription (see pricing). After your 14-day free trial, and without a subscription the software runs in free mode. The first time you use BetTrader you will be given a free trial of the software. The free trial lasts for 14 days BETTRADER USER MANUAL: FREQUENTLY ASKED QUESTIONS Yes, BetTrader is designed to be able to place bets below the Betfair minimum. Normally you will notice no difference when doing this, but the bet will take 3 times as long as an ordinary bet because of the way the workaround works and in markets with a long in-play delay thiscan be significant.
ARCHIVES: MANUAL
BetTrader User Manual. Below you will find the BetTrader User Manual in two formats: text and video. If you have any questions about BetTrader get in touch with us, we would be happy to help. BETTRADER USER MANUAL: BACK AND LAY TIMER To set up the back or lay timer, click on the + sign next to the tool and tick the box to the right. Choose a selection from the dropdown or use All/field to lay the field. Enter your stake and odds and the time in the relevant boxes, check either – (before) or + (after) and click submit. The bets will be BETTRADER USER MANUAL: PLACING BETS 1 day ago · Placing Bets, What If and Hedge Figures and In Play. A look around BetTrader showing what different figures mean and the various methods of placing bets. THE SCRATCH TRADE: HEADS YOU WIN, TAILS BREAK EVEN The scratch trade is probably the single most important key to success in short term scalping of the UK horse racing markets on Betfair.. Being able to Lay and Back at the same price without loss, and without even having to pay commission on the round-turn, is such a RACINGTRADERS: SPORTS BETTING & BETFAIR TRADING SOFTWAREBETTRADERVIDEOSSUPPORTABOUT USEDUCATIONFEATURES BetTrader is a browser-based Betfair sports trading software application that displays live-updating Betfair markets in your internet browser, allowing you to place bets faster and more effectively than is possible with the Betfair website. Streamlined bet-submission processes allow you to place bets with fewer mouse clicks and less mouse movement. BETTRADER, BETFAIR SPORTS TRADING SOFTWARE FROM RACINGTRADERS BetTrader is the most innovative and intuitive Betfair trading platform on the market today. It is a browser-based software application that displays live-updating Betfair markets in your internet browser, allowing you to place bets faster and more effectively than is possible with the Betfair website. ABOUT RACINGTRADERS & BETTRADER SOFTWARE About RacingTraders. RacingTraders is the trading name of Racing Traders Limited, a limited liability company registered in England and Wales, company number 08959615. BetTrader is a Betfair betting and trading interface and was the first of its kind to offer one-click betting on all Betfair markets and the first Betfair application toinclude
BETTRADER SOFTWARE DOWNLOAD FOR WINDOWS PC Download the latest version of BetTrader by clicking the ‘Download Now’ button above, this will download a file called BetTrader.Setup.exe into your Downloads folder. Double click to run, depending on your version of Windows you may be prompted multiple times to let BetTrader perform actions while installing on yourcomputer.
BETTRADER USER MANUAL: THE LADDER MODE The BetTrader Ladder. The ladder mode gives you a completely different view of the market from what you see on Betfair. There is often a lot going on with ladders moving and prices flashing, and this can look quite daunting at first. This article aims to explain in detail what everything on the ladder does. When you load the ladder the software BETTRADER USER MANUAL: LEFT MENU LAYOUT The Menu tab allows you to select the market that you want from the Betfair menus. You can use the All Sports menu to find the event that you want, or you can load the next horse race (which may currently be in play) or you can search, for example for a horse, football team or player. Left-clicking on a market in the menu will open the market BETTRADER USER MANUAL: TOOLS OVERVIEW BetTrader has a range of simple tools designed to make placing certain types of bets faster and easier. These are stop-loss, tick offset, back and lay timer, fill or kill, drip-feed, order cancels order (OCO), stop entry and chaser. Tools can be activated by ticking the box to the right of the tool HOW TO CALCULATE BOOK PERCENTAGE Taking a typical competitive race (real example at Paddy Power), to calculate the book percentage divide 1 by each of the decimal odds and add them all together: 1/6.5 + 1/7 + 1/7 + 1/8 + 1/9 + 1/9 + 1/11 + 1/11 + 1/13 + 1/17 + 1/19 + 1/19 + 1/26 for this 13 runner race. Adding these together gives 1.248 which we then need to multiply by100
HOW TO CHECK THE STATUS OF THE BETFAIR API Is the Betfair API Down? Now you can check if the API is down for everybody with this tool from Betfair. View the site here: Betfair Status Checker This site shows the status of Betfair’s API services and provides details of their availability and performance status. CHELTENHAM TRIALS DAY: 30TH JAN 2016 TRENDS AND STATS Cheltenham Trials Day: 30 th Jan 2016 – Trends and Stats. Billed as one of the best one-day National Hunt Jumps fixture on the racing calendar, this month’s Cheltenham Trials Day meeting (Sat 30 th Jan 2016) will give punters and racegoers more notable pointers ahead of The Festival in March – with this also being the last meeting at the track before the tapes go up on the 4-day 2016 RACINGTRADERS: SPORTS BETTING & BETFAIR TRADING SOFTWAREBETTRADERVIDEOSSUPPORTABOUT USEDUCATIONFEATURES BetTrader is a browser-based Betfair sports trading software application that displays live-updating Betfair markets in your internet browser, allowing you to place bets faster and more effectively than is possible with the Betfair website. Streamlined bet-submission processes allow you to place bets with fewer mouse clicks and less mouse movement. BETTRADER, BETFAIR SPORTS TRADING SOFTWARE FROM RACINGTRADERS BetTrader is the most innovative and intuitive Betfair trading platform on the market today. It is a browser-based software application that displays live-updating Betfair markets in your internet browser, allowing you to place bets faster and more effectively than is possible with the Betfair website. ABOUT RACINGTRADERS & BETTRADER SOFTWARE About RacingTraders. RacingTraders is the trading name of Racing Traders Limited, a limited liability company registered in England and Wales, company number 08959615. BetTrader is a Betfair betting and trading interface and was the first of its kind to offer one-click betting on all Betfair markets and the first Betfair application toinclude
BETTRADER SOFTWARE DOWNLOAD FOR WINDOWS PC Download the latest version of BetTrader by clicking the ‘Download Now’ button above, this will download a file called BetTrader.Setup.exe into your Downloads folder. Double click to run, depending on your version of Windows you may be prompted multiple times to let BetTrader perform actions while installing on yourcomputer.
BETTRADER USER MANUAL: THE LADDER MODE The BetTrader Ladder. The ladder mode gives you a completely different view of the market from what you see on Betfair. There is often a lot going on with ladders moving and prices flashing, and this can look quite daunting at first. This article aims to explain in detail what everything on the ladder does. When you load the ladder the software BETTRADER USER MANUAL: LEFT MENU LAYOUT The Menu tab allows you to select the market that you want from the Betfair menus. You can use the All Sports menu to find the event that you want, or you can load the next horse race (which may currently be in play) or you can search, for example for a horse, football team or player. Left-clicking on a market in the menu will open the market BETTRADER USER MANUAL: TOOLS OVERVIEW BetTrader has a range of simple tools designed to make placing certain types of bets faster and easier. These are stop-loss, tick offset, back and lay timer, fill or kill, drip-feed, order cancels order (OCO), stop entry and chaser. Tools can be activated by ticking the box to the right of the tool HOW TO CALCULATE BOOK PERCENTAGE Taking a typical competitive race (real example at Paddy Power), to calculate the book percentage divide 1 by each of the decimal odds and add them all together: 1/6.5 + 1/7 + 1/7 + 1/8 + 1/9 + 1/9 + 1/11 + 1/11 + 1/13 + 1/17 + 1/19 + 1/19 + 1/26 for this 13 runner race. Adding these together gives 1.248 which we then need to multiply by100
HOW TO CHECK THE STATUS OF THE BETFAIR API Is the Betfair API Down? Now you can check if the API is down for everybody with this tool from Betfair. View the site here: Betfair Status Checker This site shows the status of Betfair’s API services and provides details of their availability and performance status. CHELTENHAM TRIALS DAY: 30TH JAN 2016 TRENDS AND STATS Cheltenham Trials Day: 30 th Jan 2016 – Trends and Stats. Billed as one of the best one-day National Hunt Jumps fixture on the racing calendar, this month’s Cheltenham Trials Day meeting (Sat 30 th Jan 2016) will give punters and racegoers more notable pointers ahead of The Festival in March – with this also being the last meeting at the track before the tapes go up on the 4-day 2016 VIDEOS, WATCH BETTRADER IN ACTION We have plenty of video content of BetTrader in action and more across our social accounts. The BetTrader Video Manual, How to use BetTrader and its features. Visit: BetTrader User Manual. BetTrader Webinars, Our free webinars showing BetTrader in action live. Visit: BetTrader Webinars. Trading Videos, Trading demos using BetTrader. BETTRADER PRICING & SUBSCRIPTIONS. PURCHASE TODAY BetTrader Pricing & Subscriptions. When you Download BetTrader you automatically receive a 14-day free trial of the full version. When your free trial runs out you can continue to use BetTrader in limited mode for free for as long as you want. Upgrading to a subscription is easy, simply pick the subscription that suits you in the app and click CONTACT US: RACINGTRADERS & BETTRADER SUPPORT Get in touch, whatever your query. Contact RacingTraders support for help and advise with BetTrader. SUPPORT AND HELP FOR BETTRADER FROM RACINGTRADERS Support and help using and installing the BetTrader software product from RacingTraders on your Apple Mac and Windows PC BETTRADER USER MANUAL: TICK OFFSET This tool is extremely effective in fast-moving markets, getting the offset bet into the market much more quickly than could be done manually. To use tick offset, click on the + sign next to the tool on the left to open up the panel. Tick the box to the right of the tool to activate it. The top box is the number of ticks, or the % of theprice
BETTRADER USER MANUAL: STOP ENTRY To set up the stop entry tool click on the + sign next to it and tick the box to the right. Select your runner from the dropdown box and choose your trigger point. The options are when the Last Traded Price is less than, equal to or greater than the odds in the box to the right. In fast moving markets we recommend using less than for backbets
BETTRADER USER MANUAL: VIDEO A video guide on using the BetTrader Ladder from RacingTraders. Ladder mode is one of three modes in BetTrader. BETTRADER USER MANUAL: INSTALLING BETTRADER The software itself needs to be downloaded onto your computer. BetTrader works on 64 bit Windows and Mac (OSX 10.10 and up) computers and laptops, but not on mobile devices or other operating systems such as Linux or Chromebook. Download the latest version of BetTrader by clicking the ‘Download THE SCRATCH TRADE: HEADS YOU WIN, TAILS BREAK EVEN The Scratch Trade: Heads you Win, Tails Break Even. The scratch trade is probably the single most important key to success in short term scalping of the UK horse racing markets on Betfair. Being able to Lay and Back at the same price without loss, and without even having to pay commission on the round-turn, is such a benefit that it has to be WHAT EXACTLY IS SCALPING? What Exactly is Scalping? A scalper is a person who holds a position for a very short period of time, attempting to make money off of the bid-ask spread. The scalper aims to make lots of very small profits with the idea that lots of small profits can add up. And it is a lot easier and quicker to make a 1 tick profit than it is to make a 10tick
RACINGTRADERS: SPORTS BETTING & BETFAIR TRADING SOFTWAREBETTRADERVIDEOSSUPPORTABOUT USEDUCATIONFEATURES BetTrader is a browser-based Betfair sports trading software application that displays live-updating Betfair markets in your internet browser, allowing you to place bets faster and more effectively than is possible with the Betfair website. Streamlined bet-submission processes allow you to place bets with fewer mouse clicks and less mouse movement. BETTRADER, BETFAIR SPORTS TRADING SOFTWARE FROM RACINGTRADERS BetTrader is the most innovative and intuitive Betfair trading platform on the market today. It is a browser-based software application that displays live-updating Betfair markets in your internet browser, allowing you to place bets faster and more effectively than is possible with the Betfair website. ABOUT RACINGTRADERS & BETTRADER SOFTWARE About RacingTraders. RacingTraders is the trading name of Racing Traders Limited, a limited liability company registered in England and Wales, company number 08959615. BetTrader is a Betfair betting and trading interface and was the first of its kind to offer one-click betting on all Betfair markets and the first Betfair application toinclude
BETTRADER SOFTWARE DOWNLOAD FOR WINDOWS PC Download the latest version of BetTrader by clicking the ‘Download Now’ button above, this will download a file called BetTrader.Setup.exe into your Downloads folder. Double click to run, depending on your version of Windows you may be prompted multiple times to let BetTrader perform actions while installing on yourcomputer.
BETTRADER USER MANUAL: THE LADDER MODE The BetTrader Ladder. The ladder mode gives you a completely different view of the market from what you see on Betfair. There is often a lot going on with ladders moving and prices flashing, and this can look quite daunting at first. This article aims to explain in detail what everything on the ladder does. When you load the ladder the software HOW TO CALCULATE BOOK PERCENTAGE Taking a typical competitive race (real example at Paddy Power), to calculate the book percentage divide 1 by each of the decimal odds and add them all together: 1/6.5 + 1/7 + 1/7 + 1/8 + 1/9 + 1/9 + 1/11 + 1/11 + 1/13 + 1/17 + 1/19 + 1/19 + 1/26 for this 13 runner race. Adding these together gives 1.248 which we then need to multiply by100
BETTRADER USER MANUAL: TOOLS OVERVIEW BetTrader has a range of simple tools designed to make placing certain types of bets faster and easier. These are stop-loss, tick offset, back and lay timer, fill or kill, drip-feed, order cancels order (OCO), stop entry and chaser. Tools can be activated by ticking the box to the right of the tool BETTRADER USER MANUAL: LEFT MENU LAYOUT The Menu tab allows you to select the market that you want from the Betfair menus. You can use the All Sports menu to find the event that you want, or you can load the next horse race (which may currently be in play) or you can search, for example for a horse, football team or player. Left-clicking on a market in the menu will open the market WHAT EXACTLY IS SCALPING? What Exactly is Scalping? A scalper is a person who holds a position for a very short period of time, attempting to make money off of the bid-ask spread. The scalper aims to make lots of very small profits with the idea that lots of small profits can add up. And it is a lot easier and quicker to make a 1 tick profit than it is to make a 10tick
THE SCRATCH TRADE: HEADS YOU WIN, TAILS BREAK EVEN The Scratch Trade: Heads you Win, Tails Break Even. The scratch trade is probably the single most important key to success in short term scalping of the UK horse racing markets on Betfair. Being able to Lay and Back at the same price without loss, and without even having to pay commission on the round-turn, is such a benefit that it has to be RACINGTRADERS: SPORTS BETTING & BETFAIR TRADING SOFTWAREBETTRADERVIDEOSSUPPORTABOUT USEDUCATIONFEATURES BetTrader is a browser-based Betfair sports trading software application that displays live-updating Betfair markets in your internet browser, allowing you to place bets faster and more effectively than is possible with the Betfair website. Streamlined bet-submission processes allow you to place bets with fewer mouse clicks and less mouse movement. BETTRADER, BETFAIR SPORTS TRADING SOFTWARE FROM RACINGTRADERS BetTrader is the most innovative and intuitive Betfair trading platform on the market today. It is a browser-based software application that displays live-updating Betfair markets in your internet browser, allowing you to place bets faster and more effectively than is possible with the Betfair website. ABOUT RACINGTRADERS & BETTRADER SOFTWARE About RacingTraders. RacingTraders is the trading name of Racing Traders Limited, a limited liability company registered in England and Wales, company number 08959615. BetTrader is a Betfair betting and trading interface and was the first of its kind to offer one-click betting on all Betfair markets and the first Betfair application toinclude
BETTRADER SOFTWARE DOWNLOAD FOR WINDOWS PC Download the latest version of BetTrader by clicking the ‘Download Now’ button above, this will download a file called BetTrader.Setup.exe into your Downloads folder. Double click to run, depending on your version of Windows you may be prompted multiple times to let BetTrader perform actions while installing on yourcomputer.
BETTRADER USER MANUAL: THE LADDER MODE The BetTrader Ladder. The ladder mode gives you a completely different view of the market from what you see on Betfair. There is often a lot going on with ladders moving and prices flashing, and this can look quite daunting at first. This article aims to explain in detail what everything on the ladder does. When you load the ladder the software HOW TO CALCULATE BOOK PERCENTAGE Taking a typical competitive race (real example at Paddy Power), to calculate the book percentage divide 1 by each of the decimal odds and add them all together: 1/6.5 + 1/7 + 1/7 + 1/8 + 1/9 + 1/9 + 1/11 + 1/11 + 1/13 + 1/17 + 1/19 + 1/19 + 1/26 for this 13 runner race. Adding these together gives 1.248 which we then need to multiply by100
BETTRADER USER MANUAL: TOOLS OVERVIEW BetTrader has a range of simple tools designed to make placing certain types of bets faster and easier. These are stop-loss, tick offset, back and lay timer, fill or kill, drip-feed, order cancels order (OCO), stop entry and chaser. Tools can be activated by ticking the box to the right of the tool BETTRADER USER MANUAL: LEFT MENU LAYOUT The Menu tab allows you to select the market that you want from the Betfair menus. You can use the All Sports menu to find the event that you want, or you can load the next horse race (which may currently be in play) or you can search, for example for a horse, football team or player. Left-clicking on a market in the menu will open the market WHAT EXACTLY IS SCALPING? What Exactly is Scalping? A scalper is a person who holds a position for a very short period of time, attempting to make money off of the bid-ask spread. The scalper aims to make lots of very small profits with the idea that lots of small profits can add up. And it is a lot easier and quicker to make a 1 tick profit than it is to make a 10tick
THE SCRATCH TRADE: HEADS YOU WIN, TAILS BREAK EVEN The Scratch Trade: Heads you Win, Tails Break Even. The scratch trade is probably the single most important key to success in short term scalping of the UK horse racing markets on Betfair. Being able to Lay and Back at the same price without loss, and without even having to pay commission on the round-turn, is such a benefit that it has to be VIDEOS, WATCH BETTRADER IN ACTION We have plenty of video content of BetTrader in action and more across our social accounts. The BetTrader Video Manual, How to use BetTrader and its features. Visit: BetTrader User Manual. BetTrader Webinars, Our free webinars showing BetTrader in action live. Visit: BetTrader Webinars. Trading Videos, Trading demos using BetTrader. SUPPORT AND HELP FOR BETTRADER FROM RACINGTRADERS Support and help using and installing the BetTrader software product from RacingTraders on your Apple Mac and Windows PC CONTACT US: RACINGTRADERS & BETTRADER SUPPORT Get in touch, whatever your query. Contact RacingTraders support for help and advise with BetTrader. TEN COMMON MISTAKES MADE BY NEW TRADERS Take your profits quickly and your scratch trades and losses even quicker. By quickly I mean instantly, profit scratch or loss you should be out, or at least have your counter trade-in, within 10 or 20 seconds at the most. 3. Not doing scratch trades. There is a tendency amongst new traders to see the scratch trade as a waste of time. THE SCRATCH TRADE: HEADS YOU WIN, TAILS BREAK EVEN The scratch trade is probably the single most important key to success in short term scalping of the UK horse racing markets on Betfair.. Being able to Lay and Back at the same price without loss, and without even having to pay commission on the round-turn, is such aARCHIVES: MANUAL
BetTrader User Manual. Below you will find the BetTrader User Manual in two formats: text and video. If you have any questions about BetTrader get in touch with us, we would be happy to help. BETTRADER USER MANUAL: TICK OFFSET This tool is extremely effective in fast-moving markets, getting the offset bet into the market much more quickly than could be done manually. To use tick offset, click on the + sign next to the tool on the left to open up the panel. Tick the box to the right of the tool to activate it. The top box is the number of ticks, or the % of theprice
BETTRADER USER MANUAL: STOP ENTRY To set up the stop entry tool click on the + sign next to it and tick the box to the right. Select your runner from the dropdown box and choose your trigger point. The options are when the Last Traded Price is less than, equal to or greater than the odds in the box to the right. In fast moving markets we recommend using less than for backbets
BETTRADER USER MANUAL: FILL OR KILL The fill or kill tool acts on any bet you place in the market and removes it if it is not matched after a set length of time. Open the fill or kill tool by clicking on the + sign next to it and tick the box on the right. Set the number of seconds that you want the bet to remain in the market for. As 7 REASONS WHY SCALPING IS BETTER THAN IN PLAY TRADING 1: It is based on pure supply and demand without outside influences. Pre-race prices on the favourite horse are much more tradable than In-Play prices without being as susceptible to outside events as In-Play prices are. When trading an In-Play market you cannot safely nip in and out of the market RACINGTRADERS: SPORTS BETTING & BETFAIR TRADING SOFTWAREBETTRADERVIDEOSSUPPORTABOUT USEDUCATIONFEATURES BetTrader is a browser-based Betfair sports trading software application that displays live-updating Betfair markets in your internet browser, allowing you to place bets faster and more effectively than is possible with the Betfair website. Streamlined bet-submission processes allow you to place bets with fewer mouse clicks and less mouse movement. BETTRADER, BETFAIR SPORTS TRADING SOFTWARE FROM RACINGTRADERS BetTrader is the most innovative and intuitive Betfair trading platform on the market today. It is a browser-based software application that displays live-updating Betfair markets in your internet browser, allowing you to place bets faster and more effectively than is possible with the Betfair website. ABOUT RACINGTRADERS & BETTRADER SOFTWARE About RacingTraders. RacingTraders is the trading name of Racing Traders Limited, a limited liability company registered in England and Wales, company number 08959615. BetTrader is a Betfair betting and trading interface and was the first of its kind to offer one-click betting on all Betfair markets and the first Betfair application toinclude
BETTRADER SOFTWARE DOWNLOAD FOR WINDOWS PC Download the latest version of BetTrader by clicking the ‘Download Now’ button above, this will download a file called BetTrader.Setup.exe into your Downloads folder. Double click to run, depending on your version of Windows you may be prompted multiple times to let BetTrader perform actions while installing on yourcomputer.
BETTRADER USER MANUAL: THE LADDER MODE The BetTrader Ladder. The ladder mode gives you a completely different view of the market from what you see on Betfair. There is often a lot going on with ladders moving and prices flashing, and this can look quite daunting at first. This article aims to explain in detail what everything on the ladder does. When you load the ladder the software HOW TO CALCULATE BOOK PERCENTAGE Taking a typical competitive race (real example at Paddy Power), to calculate the book percentage divide 1 by each of the decimal odds and add them all together: 1/6.5 + 1/7 + 1/7 + 1/8 + 1/9 + 1/9 + 1/11 + 1/11 + 1/13 + 1/17 + 1/19 + 1/19 + 1/26 for this 13 runner race. Adding these together gives 1.248 which we then need to multiply by100
BETTRADER USER MANUAL: TOOLS OVERVIEW BetTrader has a range of simple tools designed to make placing certain types of bets faster and easier. These are stop-loss, tick offset, back and lay timer, fill or kill, drip-feed, order cancels order (OCO), stop entry and chaser. Tools can be activated by ticking the box to the right of the tool BETTRADER USER MANUAL: LEFT MENU LAYOUT The Menu tab allows you to select the market that you want from the Betfair menus. You can use the All Sports menu to find the event that you want, or you can load the next horse race (which may currently be in play) or you can search, for example for a horse, football team or player. Left-clicking on a market in the menu will open the market WHAT EXACTLY IS SCALPING? What Exactly is Scalping? A scalper is a person who holds a position for a very short period of time, attempting to make money off of the bid-ask spread. The scalper aims to make lots of very small profits with the idea that lots of small profits can add up. And it is a lot easier and quicker to make a 1 tick profit than it is to make a 10tick
THE SCRATCH TRADE: HEADS YOU WIN, TAILS BREAK EVEN The Scratch Trade: Heads you Win, Tails Break Even. The scratch trade is probably the single most important key to success in short term scalping of the UK horse racing markets on Betfair. Being able to Lay and Back at the same price without loss, and without even having to pay commission on the round-turn, is such a benefit that it has to be RACINGTRADERS: SPORTS BETTING & BETFAIR TRADING SOFTWAREBETTRADERVIDEOSSUPPORTABOUT USEDUCATIONFEATURES BetTrader is a browser-based Betfair sports trading software application that displays live-updating Betfair markets in your internet browser, allowing you to place bets faster and more effectively than is possible with the Betfair website. Streamlined bet-submission processes allow you to place bets with fewer mouse clicks and less mouse movement. BETTRADER, BETFAIR SPORTS TRADING SOFTWARE FROM RACINGTRADERS BetTrader is the most innovative and intuitive Betfair trading platform on the market today. It is a browser-based software application that displays live-updating Betfair markets in your internet browser, allowing you to place bets faster and more effectively than is possible with the Betfair website. ABOUT RACINGTRADERS & BETTRADER SOFTWARE About RacingTraders. RacingTraders is the trading name of Racing Traders Limited, a limited liability company registered in England and Wales, company number 08959615. BetTrader is a Betfair betting and trading interface and was the first of its kind to offer one-click betting on all Betfair markets and the first Betfair application toinclude
BETTRADER SOFTWARE DOWNLOAD FOR WINDOWS PC Download the latest version of BetTrader by clicking the ‘Download Now’ button above, this will download a file called BetTrader.Setup.exe into your Downloads folder. Double click to run, depending on your version of Windows you may be prompted multiple times to let BetTrader perform actions while installing on yourcomputer.
BETTRADER USER MANUAL: THE LADDER MODE The BetTrader Ladder. The ladder mode gives you a completely different view of the market from what you see on Betfair. There is often a lot going on with ladders moving and prices flashing, and this can look quite daunting at first. This article aims to explain in detail what everything on the ladder does. When you load the ladder the software HOW TO CALCULATE BOOK PERCENTAGE Taking a typical competitive race (real example at Paddy Power), to calculate the book percentage divide 1 by each of the decimal odds and add them all together: 1/6.5 + 1/7 + 1/7 + 1/8 + 1/9 + 1/9 + 1/11 + 1/11 + 1/13 + 1/17 + 1/19 + 1/19 + 1/26 for this 13 runner race. Adding these together gives 1.248 which we then need to multiply by100
BETTRADER USER MANUAL: TOOLS OVERVIEW BetTrader has a range of simple tools designed to make placing certain types of bets faster and easier. These are stop-loss, tick offset, back and lay timer, fill or kill, drip-feed, order cancels order (OCO), stop entry and chaser. Tools can be activated by ticking the box to the right of the tool BETTRADER USER MANUAL: LEFT MENU LAYOUT The Menu tab allows you to select the market that you want from the Betfair menus. You can use the All Sports menu to find the event that you want, or you can load the next horse race (which may currently be in play) or you can search, for example for a horse, football team or player. Left-clicking on a market in the menu will open the market WHAT EXACTLY IS SCALPING? What Exactly is Scalping? A scalper is a person who holds a position for a very short period of time, attempting to make money off of the bid-ask spread. The scalper aims to make lots of very small profits with the idea that lots of small profits can add up. And it is a lot easier and quicker to make a 1 tick profit than it is to make a 10tick
THE SCRATCH TRADE: HEADS YOU WIN, TAILS BREAK EVEN The Scratch Trade: Heads you Win, Tails Break Even. The scratch trade is probably the single most important key to success in short term scalping of the UK horse racing markets on Betfair. Being able to Lay and Back at the same price without loss, and without even having to pay commission on the round-turn, is such a benefit that it has to be VIDEOS, WATCH BETTRADER IN ACTION We have plenty of video content of BetTrader in action and more across our social accounts. The BetTrader Video Manual, How to use BetTrader and its features. Visit: BetTrader User Manual. BetTrader Webinars, Our free webinars showing BetTrader in action live. Visit: BetTrader Webinars. Trading Videos, Trading demos using BetTrader. SUPPORT AND HELP FOR BETTRADER FROM RACINGTRADERS Support and help using and installing the BetTrader software product from RacingTraders on your Apple Mac and Windows PC CONTACT US: RACINGTRADERS & BETTRADER SUPPORT Get in touch, whatever your query. Contact RacingTraders support for help and advise with BetTrader. TEN COMMON MISTAKES MADE BY NEW TRADERS Take your profits quickly and your scratch trades and losses even quicker. By quickly I mean instantly, profit scratch or loss you should be out, or at least have your counter trade-in, within 10 or 20 seconds at the most. 3. Not doing scratch trades. There is a tendency amongst new traders to see the scratch trade as a waste of time. THE SCRATCH TRADE: HEADS YOU WIN, TAILS BREAK EVEN The scratch trade is probably the single most important key to success in short term scalping of the UK horse racing markets on Betfair.. Being able to Lay and Back at the same price without loss, and without even having to pay commission on the round-turn, is such aARCHIVES: MANUAL
BetTrader User Manual. Below you will find the BetTrader User Manual in two formats: text and video. If you have any questions about BetTrader get in touch with us, we would be happy to help. BETTRADER USER MANUAL: TICK OFFSET This tool is extremely effective in fast-moving markets, getting the offset bet into the market much more quickly than could be done manually. To use tick offset, click on the + sign next to the tool on the left to open up the panel. Tick the box to the right of the tool to activate it. The top box is the number of ticks, or the % of theprice
BETTRADER USER MANUAL: STOP ENTRY To set up the stop entry tool click on the + sign next to it and tick the box to the right. Select your runner from the dropdown box and choose your trigger point. The options are when the Last Traded Price is less than, equal to or greater than the odds in the box to the right. In fast moving markets we recommend using less than for backbets
BETTRADER USER MANUAL: FILL OR KILL The fill or kill tool acts on any bet you place in the market and removes it if it is not matched after a set length of time. Open the fill or kill tool by clicking on the + sign next to it and tick the box on the right. Set the number of seconds that you want the bet to remain in the market for. As 7 REASONS WHY SCALPING IS BETTER THAN IN PLAY TRADING 1: It is based on pure supply and demand without outside influences. Pre-race prices on the favourite horse are much more tradable than In-Play prices without being as susceptible to outside events as In-Play prices are. When trading an In-Play market you cannot safely nip in and out of the market RACINGTRADERS: SPORTS BETTING & BETFAIR TRADING SOFTWAREBETTRADERVIDEOSSUPPORTABOUT USEDUCATIONFEATURES Supercharge your performance with BetTrader. A fast betting app for PC & Mac. Boost your profits by downloading this powerful Betfair trading platform. BetTrader is a browser-based Betfair sports trading software application that displays live-updating Betfair markets in yourinternet browser
BETTRADER, BETFAIR SPORTS TRADING SOFTWARE FROM RACINGTRADERS BetTrader is the most innovative and intuitive Betfair trading platform on the market today. It is a browser-based software application that displays live-updating Betfair markets in your internet browser, allowing you to place bets faster and more effectively than is possible with the Betfair website. ABOUT RACINGTRADERS & BETTRADER SOFTWARE RacingTraders is the trading name of Racing Traders Limited, a limited liability company registered in England and Wales, company number 08959615. BetTrader is a Betfair betting and trading interface and was the first of its kind to offer one-click betting on all Betfair markets and the first BETTRADER SOFTWARE DOWNLOAD FOR WINDOWS PC Getting Started. Download the latest version of BetTrader by clicking the ‘Download Now’ button above, this will download a file called BetTrader.Setup.exe into your Downloads folder. Double click to run, depending on your version of Windows you may be prompted multiple times to let BetTrader perform actions while installing on yourcomputer.
BETTRADER USER MANUAL: THE LADDER MODE The ladder mode gives you a completely different view of the market from what you see on Betfair. There is often a lot going on with ladders moving and prices flashing, and this can look quite daunting at first. This article aims to explain in detail what everything on the ladder does. When you load BETTRADER USER MANUAL: TOOLS OVERVIEW BetTrader has a range of simple tools designed to make placing certain types of bets faster and easier. These are stop-loss, tick offset, back and lay timer, fill or kill, drip-feed, order cancels order (OCO), stop entry and chaser. Tools can be activated by ticking the box to the right of the tool HOW TO CALCULATE BOOK PERCENTAGE The probability of an event happening can be expressed as a percentage. If you toss a coin the probability of heads or tails is 50% or evens for each. BETTRADER USER MANUAL: LEFT MENU LAYOUT The Menu tab allows you to select the market that you want from the Betfair menus. You can use the All Sports menu to find the event that you want, or you can load the next horse race (which may currently be in play) or you can search, for example for a horse, football team or player. Left-clicking THE SCRATCH TRADE: HEADS YOU WIN, TAILS BREAK EVEN The scratch trade is probably the single most important key to success in short term scalping of the UK horse racing markets on Betfair.. Being able to Lay and Back at the same price without loss, and without even having to pay commission on the round-turn, is such a WHAT EXACTLY IS SCALPING? A scalper is a person who holds a position for a very short period of time, attempting to make money off of the bid-ask spread. The scalper aims to make lots of very small profits with the idea that lots of small profits can add up. And it is a lot easier and quicker to make a 1 tick profit than it RACINGTRADERS: SPORTS BETTING & BETFAIR TRADING SOFTWAREBETTRADERVIDEOSSUPPORTABOUT USEDUCATIONFEATURES Supercharge your performance with BetTrader. A fast betting app for PC & Mac. Boost your profits by downloading this powerful Betfair trading platform. BetTrader is a browser-based Betfair sports trading software application that displays live-updating Betfair markets in yourinternet browser
BETTRADER, BETFAIR SPORTS TRADING SOFTWARE FROM RACINGTRADERS BetTrader is the most innovative and intuitive Betfair trading platform on the market today. It is a browser-based software application that displays live-updating Betfair markets in your internet browser, allowing you to place bets faster and more effectively than is possible with the Betfair website. ABOUT RACINGTRADERS & BETTRADER SOFTWARE RacingTraders is the trading name of Racing Traders Limited, a limited liability company registered in England and Wales, company number 08959615. BetTrader is a Betfair betting and trading interface and was the first of its kind to offer one-click betting on all Betfair markets and the first BETTRADER SOFTWARE DOWNLOAD FOR WINDOWS PC Getting Started. Download the latest version of BetTrader by clicking the ‘Download Now’ button above, this will download a file called BetTrader.Setup.exe into your Downloads folder. Double click to run, depending on your version of Windows you may be prompted multiple times to let BetTrader perform actions while installing on yourcomputer.
BETTRADER USER MANUAL: THE LADDER MODE The ladder mode gives you a completely different view of the market from what you see on Betfair. There is often a lot going on with ladders moving and prices flashing, and this can look quite daunting at first. This article aims to explain in detail what everything on the ladder does. When you load BETTRADER USER MANUAL: TOOLS OVERVIEW BetTrader has a range of simple tools designed to make placing certain types of bets faster and easier. These are stop-loss, tick offset, back and lay timer, fill or kill, drip-feed, order cancels order (OCO), stop entry and chaser. Tools can be activated by ticking the box to the right of the tool HOW TO CALCULATE BOOK PERCENTAGE The probability of an event happening can be expressed as a percentage. If you toss a coin the probability of heads or tails is 50% or evens for each. BETTRADER USER MANUAL: LEFT MENU LAYOUT The Menu tab allows you to select the market that you want from the Betfair menus. You can use the All Sports menu to find the event that you want, or you can load the next horse race (which may currently be in play) or you can search, for example for a horse, football team or player. Left-clicking THE SCRATCH TRADE: HEADS YOU WIN, TAILS BREAK EVEN The scratch trade is probably the single most important key to success in short term scalping of the UK horse racing markets on Betfair.. Being able to Lay and Back at the same price without loss, and without even having to pay commission on the round-turn, is such a WHAT EXACTLY IS SCALPING? A scalper is a person who holds a position for a very short period of time, attempting to make money off of the bid-ask spread. The scalper aims to make lots of very small profits with the idea that lots of small profits can add up. And it is a lot easier and quicker to make a 1 tick profit than it VIDEOS, WATCH BETTRADER IN ACTION The BetTrader Video Manual, How to use BetTrader and its features.Visit: BetTrader User Manual. BetTrader Webinars, Our free webinars showing BetTrader in action live.Visit: BetTrader Webinars. Trading Videos, Trading demos using BetTrader.Visit: BetTrader TradingVideos.
CONTACT US: RACINGTRADERS & BETTRADER SUPPORT Get in touch, whatever your query. Contact RacingTraders support for help and advise with BetTrader. SUPPORT AND HELP FOR BETTRADER FROM RACINGTRADERS Support and help using and installing the BetTrader software product from RacingTraders on your Apple Mac and Windows PCARCHIVES: MANUAL
BetTrader User Manual. Below you will find the BetTrader User Manual in two formats: text and video. If you have any questions about BetTrader get in touch with us, we would be happy to help. THE SCRATCH TRADE: HEADS YOU WIN, TAILS BREAK EVEN The scratch trade is probably the single most important key to success in short term scalping of the UK horse racing markets on Betfair.. Being able to Lay and Back at the same price without loss, and without even having to pay commission on the round-turn, is such a BETTRADER USER MANUAL: FILL OR KILL The fill or kill tool acts on any bet you place in the market and removes it if it is not matched after a set length of time. Open the fill or kill tool by clicking on the + sign next to it and tick the box on the right. Set the number of seconds that you want the bet to remain in the market for. As TEN COMMON MISTAKES MADE BY NEW TRADERS It is hard trying to get to grips with Trading fast-moving markets on Betfair, have a look through these common mistakes that plague pre-race traders. You must make sure that you match the timescale of your prediction of the price’s direction with the amount of time that you hold your position BETTRADER USER MANUAL: STOP ENTRY The stop entry tool is similar to the stop loss but gives you more flexibility around when and where your bet is placed. This tool is useful in play as it allows the trigger point to be different from the odds requested for the bet, allowing some leeway for the in play delay. To set up the stop BETTRADER USER MANUAL: TICK OFFSET The tick offset tool is probably the most useful tool on BetTrader. When you place a bet the tool will place the opposite bet at the number of ticks requested as soon as your bet is matched. You can choose to either place the same stake as your original bet or to place the hedge amount so that you 7 REASONS WHY SCALPING IS BETTER THAN IN PLAY TRADING 1: It is based on pure supply and demand without outside influences. Pre-race prices on the favourite horse are much more tradable than In-Play prices without being as susceptible to outside events as In-Play prices are. When trading an In-Play market you cannot safely nip in and out of the marketFollow us:
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BETFAIR TRADING SOFTWARE BETTRADER, FAST BETTING APP FOR PC AND MAC Supercharge your performance with BetTrader. Boost your profits by downloading this powerful Betfair trading platform. Get Started now - Free! WELCOME TO RACINGTRADERS THE HOME OF BETTRADER Fast browser-based software for betting & trading on Betfair.com Available now for PC & Mac BetTrader is a fast Betfair sports trading software application displaying live updating Betfair prices in a choice of trading interfaces with blazing fast bet submission and a full range oftrading tools.
RacingTraders has been producing trading software for use with Betfair since 2005, being the first API trading application to introduce the ladder interface. Download BetTrader today and supercharge Betfair.FAST BETFAIR PRICES
We take full advantage of the Betfair API and refresh prices every 200milliseconds.
ONE-CLICK BETTING
Place your orders faster and get the best prices. Hit the target everytime.
FULL MARKET DEPTH
The ladder interface shows all available prices, volume traded &amounts available.
TRAINING MODE
Don't risk your own money, use training mode, our realistic betsimulation engine.
Start your FREE 14 day trial today __ Download for Windows PC or__ Download forApple Mac
Get started totally free, no credit card or payment required! Free 14day trial.
WATCH BETTRADER IN ACTION See videos of BetTrader in action on the Grid, Ladder and Sports interface. BETTRADER LADDER INTERFACE BETTRADER GRID INTERFACE BETTRADER SPORTS INTERFACE Watch More Videos orDownload BetTrader FREE!FEATURES
BETTRADER
BetTrader is a browser-based Betfair sports trading software application that displays live-updating Betfair markets in your internet browser, allowing you to place bets faster and more effectively than is possible with the Betfair website. Streamlined bet-submission processes allow you to place bets with fewer mouse clicks and less mouse movement. Extensive trading tools can also place bets for you automatically when predetermined conditions are met.THE GRID INTERFACE
BetTrader's Grid Interface is similar in appearance to Betfair's website interface but it displays 5 prices either side instead of only 3. The BetTrader Grid introduces a more streamlined bet submission process with one click betting and an array of betting techniques enabling you to enter and exit the markets faster. THE LADDER INTERFACE BetTrader's Ladder Interface displays prices vertically, allowing you to see prices literally move up and down. One click bet submission allows you to instantly react to market movements without needing to take your eyes from the price or use the keyboard. This style of interface is popular amongst financial traders and accounts for over half of all trades entered on the world's futures markets. BetTrader was the first API trading application to introduce the often copied Ladder Interface. Any selection in the market can be moved to any ladder with just one click, making it the favoured interface amongst In Play traders as well as sports traders and pre race scalpers. Many professional traders say they could not imagine using Betfair without it. THE SPORTS INTERFACE Our Sports Interface allows you trade across all the markets that make up a Betfair event. On a football market trade across The Win Market, Over/Unders markets and the Correct Score at the same time. This mode allows you speed in making decisions and also gives you an instantmarket overview.
TRAINING MODE
Learn to trade on Betfair or test out a new system without any risk. BetTrader uses live Betfair data —using real world matching— get a feel for the market without putting any cash at risk.CORE FEATURES
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Supercharge your performance with BetTrader. Boost your profits by downloadingthis powerful
Betfair sports trading platform. WHAT IS SPORTS TRADING? BETFAIR SPORTS TRADING Sports Trading is backing and laying the same horse or team with the idea of securing a risk free profit regardless of whether that horse or team goes on to win or not. By backing and laying at different prices the trader can lock in a profit which can be realized before the race or game has even started or no matter who goes on to win. This means that you are no longer limited to picking the winner like you were in the dark old days of gambling at the bookies. Betting exchange trading has completely changed how people bet and more and more people are realizing that it is now possible to make consistent profits from trading the numbers, even if you don’t know anything about the underlying instrument on which you are trading. Of course, trading on Betfair is not only limited to horse racing or trading before the event starts. Skillful race readers and sports fans can make good profits from trading on the race or game while it is In Play as Betfair markets stay open until the first horse crosses the line or the final whistle is blown. For instance, a trader might Back a soccer team that is playing well and then Lay the same team just after they score a goal at a much lower price to guarantee a profit on the game regardless of whether that team goes on to win the game or not. Or you might Lay a tennis player that looks weak and then Back him after his serve is broken at a much higher price to guarantee a profit on the game no matter which player ends up winning. IN PLAY TRADING ON BETFAIR In Play Trading on Betfair is different from trading because it refers to trading the price of a horse or team while the race or match is actually running or playing. In Play prices are much more volatile than prices are before the race starts because they are directly affected by each horse or team/player's performance during the race. In Play traders watch the race or match unfolding and Lay and Back accordingly, trying to lock in profits by correctly reading what is happenning in the race or match. Betfair’s In Play markets allow skillful race readers to profit from Laying a tiring favourite midway through the race, or Backing a tennis player who gets off to a good start. Never before have gamblers had so many opportunities to make money in so many different ways from sporting events that until recently had a very limited number of betting products available on them.HEDGING ON BETFAIR
Hedging on Betfair is the cherry on top of the ability to trade pricemovements.
Hedging allows traders to lock in an equal profit regardless of whether the horse or team that they were trading on wins or not, allowing you to completely remove the outcome of the race or matchfrom the equation.
For instance, in the example above, Trading on Betfair, the trader Backs £150 @ 5.4 and Lays £150 @ 5.0, giving him a profit of £60 if the horse (Pottes Lady Jane) wins and no loss if any of the other horse's win. That’s great if the horse wins, but if it loses then you still haven’t made any money, despite having made a profitabletrade.
Hedging your £60 profit will make sure that you make the same profit whether the horse wins or loses. You can do this pressing the Hedge button on BetTrader which will divide your profit by the available to Lay price and will then Lay the result of that calculation to give you an equal profit whichever horse wins the race. In this case we have made £12 what ever the outcome of the race. (There is still 2 minutes until the race starts).DOWNLOAD BETTRADER
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