The advanced API Betting Exchange interface created
by the Bet Angel team provides a full spectrum day trading platform
based on technical analysis and market fluctuations.
The Betting Exchange API allows software
developers to create super fast applications which harness the
power of your own desktop and are therefore not dependent on
outages or alterations on the Betting Exchanges own website.
As part of this industrial strength collection of trading tools Bet Angel have developed their arbitrage
on the 2 most historically successful gambling strategies, Bookmaking
As already mentioned, as part of my own systems I frequently use the Ladder Trading
incorporated with Bet Angel Professional.
You will most likely already
have experience of the Bet Angel Basic 1-click interface as detailed
in my free report.
Bet Angel Professional Ladder
Trading is 1-click’s Big brother.
A cutting edge, real time
swing trading and charting interface that plugs straight into the Betting Exchanges
After the Betting Exchanges API release
of 2004, early bots were thrown together scanning the racing markets
for back column underrounds less than 100, or lay column overrounds
When spotted, the entire field
could be auto backed or laid to a guaranteed profit.
It was something of a scrum
down for a while, but inevitably as more Betting Exchanges bots competed for smaller
margins, the strategy became fruitless. Examine the daily
markets as they develop today.
You will never see a market drift out to
105% lay column nowadays.
The Bookmaking bot provided
in the Bet Angel trading package is THE superior product in its class.
Here are the specifications incorporated into my designs:
This striking array of
essential criteria were then put to the test in the field, real time,
with real Betting Exchanges betting exchange users of varying abilities and expectations.
results showed conclusively that they can be applied several times a day,
to build profitable pre race positions regardless of the outcome of the
Because the Bet Angel client
sits on your workstation it connects directly to the Betting Exchanges databases
via the Betting Exchanges API, and so provides light -speed access compared with
the Betting Exchange's internet GUI.
The only specification is of
course a high quality workstation and a good broadband connection.
Precise configurations for your home network infrastructure are specified in my websites
When you have your Dutch or
Book configuration complete and the arbitrage automation rules trigger,
all your bets simultaneously hit the Betting Exchange servers.
Because you will have been
thorough in your preparation and pre race technical analysis, when
your bets are fired in you will have a higher likelihood of achieving
lay at back and back at lay prices to build your margin on the race.
Avoiding unnecessary liabilities and
overall capital protection “should be” bywords in any realistic system and I
outline in great detail the exact procedures that should be taken, at
exactly which points, when a price “switch” event happens and the
starting price moves against you.
I'm not going to
insult your intelligence and tell you that all trades will go
your way every time.
Its what you do WHEN a
trade on the Betting Exchange goes wrong that determines whether you will be in the
market tomorrow or not.
And i don't need to
tell you - if you are not in the market you are
As I move through the systems
I introduce the concept of “pattern seeking” behaviour.
The final strategy in my book
brings all my work together. The old and new world of horse racing
combine, with tight and precise form analysis meeting state of the art
day trading betting software.
I fully explain the field and
margin reduction techniques which allow you to spot poor favourites, and
then harness the power of Bet Angel to modify the staking and profit
targets in order to achieve the greatest possible market value for the
The way the methods dovetail
with one another is little short of remarkable and demonstrate how
profitable it can be to fully understand and utilize a range of
techniques from the old world of fundamental form study - AND the brave
new world of automated computer systems.
As I discuss at the outset of
my book different types of race present completely differently in terms
of how easily they can be predicted and analyzed, and accordingly how
the market reacts and shapes the betting.
Throughout my work I stress
the importance of hard work and improving ones knowledge of the sport to
develop a natural instinct for horse racing and the future that I believe lies
with semi automated racing systems.
Part of the beauty of the
Ladder Trading API available with Bet Angel is the ability to visualize an
entire pre race betting market. This is an enormous advantage in terms
of being able to “feel” liquidity and predict price directions and
As professional traders in
learn about the market “spread” in basic training; how much money
has already been matched and at precisely what prices. It is something
we will examine and use in our daily work in great detail.
Viewing the entire price
ladder with Bet Angel in this way allows us as betting day traders to get a unique
picture of the market and in turn make precise predictions with respect
to support and resistance price levels, and this in turn allows us to
develop price bands.
This basic technical analysis allows us to predict
with great accuracy the next direction for prices.
A full spectrum professional
day trading platform like Bet Angel also includes the ability to set
The Betting-Exchange-Trading systems wait for arbitrage
windows to open and as the market moves out of line Bet Angel will be
configured to fire all your bets into the market. Back Bets for Dutching
and Lay bets for Bookmaking.
The Betting Exchange market itself responds
quickly to close arbitrage windows as soon as they are recognized and so
prices can move very quickly up or down on particular horses.
Situations change very rapidly
in the 15 minutes pre race as horses enter the ring and professionals
get their first look at the horses.
markets can punish or reward fancied
and unfancied horses very severely and SP’s can double or half
accordingly in a matter of minutes.
Pre race Betting Exchange market
fluctuations can only be described as "financial day trading on
Setting Stop Losses has never
been more important than it is on a Betting Exchange. Detachment from the process, and damage limitation are utterly
criticall for success and Bet Angel Professional again meets all the criteria.
I have written previously
about the psychological make up required to be a successful betting
“Consistency” is a
personality trait common to all human beings; unfortunately it is the
death of many traders (career wise).
Consistency is "the desire to
be proven right once one has committed oneself to a particular
For example, you have placed a bet in the
back or lay column and “consistency” to that trading decision means that the
price MUST move in the direction you predicted or you will not be able
to trade out for a profit.
Unfortunately the factors that
made you predict the price movement 2 minutes ago are no longer valid.
Something in the ring has changed, the betting market view about the horse has
changed and a price switch event has happened. This is REALITY.
Supercharting we can limit the likelihood of this happening.
We have all been here, the
evidence is plain to see as the price moves further against you and the
red liability climbs steadily. Do you :-
with a stop loss, reassess the situation and begin trading to reduce
there waiting for another price switch even to happen and the
liability to fall?
If you don’t know the
correct answer then you are not ready for the Betting-Exchange-Trading systems!
Even though the evidence is
staring you in the face in bright red as a terminally increasing
liability, the average Betting Exchange trader sits there like a rabbit in the
headlights to his imminent doom.
The systems that I have
created combine a variety of different racing and betting
I have taken my entire
knowledgebase from the worlds of: