Category: Using Bet Angel
Bet Angel Connection Modes
Connection mode
Bet Angel has a unique advantage when it comes to connecting to Betfair: A Dynamic Connection Mode.
To understand what this does we need to understand the different methods of connecting to the Betfair exchange. There are two methods:
- Full-API
- Non-API
API stands for ‘Application Programming Interface’ and is a special connection available to Betfair users providing advanced features such jockey silks, full depth of market, bet persistance (Keep Bet, Take SP) and Last Traded Price (LTP). In …
Visualising sports trading data
You may have noticed my regular theme of visualising data. Why do I do this?
The reason is simple, it’s easy to pick up patterns when you are looking at them visually. If you have to plough through billions of rows of spreadsheets, pivot tables or outputs from a database, you may find some of the more obvious patterns may elude you due to number blindness. Visualise it and it often leaps right out at you.
Bet Angel contains a …
My Sports trading journey – Part three
Betting exchanges arrive on the scene
I placed my first bet on a betting exchange on June 5th 2000. It was a bet on the FTSE close market, which I won. It took until 11th June before I did my first sports bet which was on Tiger Woods US Open win market. Both these were on Flutter, being a slacker, I didn’t join Betfair till the 18th June.
My …
My Sports trading journey – Part two
Click here for part one
Financial markets
My early forays into the gambling world had taught me two things. People very often don’t make rational decisions and that making money by gambling was incredibly hard. I didn’t need to learn the latter point as that was obvious, but I thought it was worth a try. It was a dream that maybe somehow, someday, I could find a way overcome all the issues and achieve the impossible of making gambling pay. …
My Sports Trading Journey – Part one
Some of you already know my story, but here is it for those that don’t know and for those who are looking for some inspiration at the start of the new year!
The start
To understand where I am today, you need to wind the clock back to my childhood and the spark that created everything.
When I was young I loved playing sport. That was about all I enjoyed really and didn’t particularly excel academically. As a result I …
I lose money regulary…
Insert caveat – When I’m testing a new strategy!
In the thinner winter markets I often spend a lot of time revising data collected at other times of the year and inching forward on new ideas. I’m a great believer that no matter how much data you have, it’s more important to actually apply things into the market. There are two key reasons for this: –
(1) You need to be careful when Data mining, it can be statistical deja-vu. …
Clever ways to trade and visualise football data
Market data can be boring in it’s flat form format. By re-interpreting this data you can not only get a bit of depth in a market but perhaps see things you haven’t seen before. I tend to visualise data, because this allows you to look at the data in a much more intuitive manner and this means you can spot opportunties easier as it significantly aids your reading of a market.
In the embedded video we use the multi market …
New version of Bet Angel
Just in case you missed it, you may not be on our mailing list, we recently released a new version of Bet Angel. Lots of tweaks and enhancements but the main upgrade was a new feature we have added to Bet Angel’s Guardian feature.
Guardian is the powerful multi-featured, multi-market tool within Bet Angel. Using Guardian you can search for, view, sort and trade multiple markets all at once; even if Guardian is closed. This means you can cover …
Bet Angel tips – Mass selecting interesting markets
With the football season if full flow, you may find these videos handy.
On Bet Angel you can select markets in two key ways: –
The market selection tool allows you to search ‘nornally’ or with logic commands, or navigate the market tree to find something you are interested in. You can use the quick picks option to ‘pre-populate’ markets you use regularly. There are quite a few ways to get quickly to the market you are interested in, using …
Trading Tennis – The US Open
While the summer evening racing markets have finished, thanks to the US Open tennis there is still plenty to do in the evenings at the moment; as long as it’s not raining! It’s raining at the moment, which is why I thought I would pen this post.
Because of the time difference to the US, it is a really useful tournament to trade and the level of interest in a grand slam will ensure good liquidity. It’s a good opportunity …
French open tennis – When it’s good to see red!
Today sees the start of the French open tennis and it’s one of those moments when the red clay surface will often mean green for traders.
Grand Slams often produce good matches and the slower surface at Roland Garros will bring shot making and athletism to the fore.
Early rounds of grand slams often bring up very shot prices, but the odd shock. So I’m generally looking to oppose red hot favourites in the early rounds hoping for a slip …
Has the FA Cup lost its appeal?
Took some time out last Saturday to trade the FA CUP final pre-off. I was expecting a vibrant, lively market but ended up with the opposite and traded out for a small loss. The racing was yielding much more.
I was surprised at how little matched bet turnover there was. At the start of the FA CUP final there was matched bet volume of £3,533,632. On Tuesday night the same teams met again in the premier league and the matched …
Win a copy of Bet Angel
We are running a competition this bank holiday weekend to win a copy of Bet Angel, full details at: –
You can win whether you are an existing subscriber or not, so feel to enter. But be quick as the competition is only open for this Bank Holiday weekend. Winners will be emailed first thing on Tuesday morning.
If you haven’t used Bet Angel before or for some time why not take a free trial. We are currently …
Trading football at random
If you trade something at random you will break even less commission? Is this statement true or false? If a football team is priced at 2.00 it has a 50% chance of winning a match, therefore you can’t exceed that, can you?
One curious thing you find if you start dabbling around at random in the markets, is the fact there are many situations in many markets when it’s possible to make money even if you don’t do anything clever. …
New version of Bet Angel
We’ve made some additions to Bet Angel and made a point release this week. The tweaks are: –
- New Sound Alert automation rule
- New Selection volume / Market volume automation condition
- Betfair charts and Advanced charts can now be synced with the selection shown in any of the ten ladders
- New ladder toolbar contains a button that displays the green-up value across all selections
Additional information is available on the forum. You can download the latest beta at https://www.betangel.com/download/…
How to avoid Betfair API problems
Unfortunately Betfair suffered two more problems on the API yesterday, adding to the number that have occured on a regular basis recently.
This post is a reminder for everybody that Bet Angel can run in an alternative (non API) mode if you experiance an issue. Using this mode can completely save your bacon if there is an API glitch. It’s a feature that pays for itself, even if it’s just in terms of your peace of mind! You must …
Creative football trading
The great thing about football markets is that they are very predictable, in an unpredictable way!
Goals are few and far between and occur randomly but with bias throughout the match. But because there are so few goals on average, that makes it easy to figure out what you should do when one goes in. There are only a small number of combinations to work with.
Lots of people focus on just one match, research it to death and try …
Free Bet Angel Workshop
Just a short note to let you know we still have a couple of places on the Bet Angel workshop at our offices next Monday.
https://www.bettingexchangeacademy.com/courses/academy-courses/bet-angel-workshop
The morning session is free but for a small supplement you can attend the whole day which also includes a buffet lunch.
Please contact the academy for full details if you are interested is this or future workshops.
Bumps and ripples
What can you tell about a Tennis match before it has started? Quite a lot actually.
The market is pretty accurate at discounting value into a match and assessing the relative strengths of different players, from that you can plot the most likely path through a match and its progression. You can also hunt for bumps and ripples in that path for odds that are most likely to be reached and how. If you do this, you will see that …
Will Betdaq take off this year?
What an open question that is! I’ve stuck up a poll on the right that you can give me your answer on.
For years Betdaq has been a much weaker market than Betfair. In 2008 it got a boost when Betfair increased charges. A few vendors, including Bet Angel, rushed to make their applications Betdaq compatible. But the majority didn’t however. This rush to Betdaq was short lived and things very soon, sort of, carried on as normal. I say …
Losers needed!
Over the years I’ve studied the markets and a number of strategies, but all of these have been focused on winning.
Late last year I turned my attention to why people lose, the psychology behind that, but also what fundamental flaws they have with their approaches in the market.
If you mess around at random you should, over long periods, break even less the spread or commission that you pay to the service provider. However, when I look at a …
Farewell 2011
No time to summarise the year on this post, hopefully I’ll get the chance in the new year. But just wanted to say goodbye 2011 and thanks for everybody’s support and custom through out the year. It turned out to be a really interesting year, right to the final days!
I managed to bag a four figure race yesterday and did well on the darts in the evening so it’s likely to be a nice sign off for the year.…
Signing off..
Right, it’s time to do some last minute stuff for Christmas. A full house tomorrow means we have lots of food to prepare and I’m looking forward to doing anything but sports related stuff for a few days.
I had a reasonable day yesterday, which was a nice way to start the break for Christmas. I’ll be back at my desk on boxing day!
Back to open
It looks like we are going to have some fun and games in the market today. I’d recommend adopting a ‘back to open’ trading policy!
For more information read up on this thread: –
https://www.betangel.com/forum/viewtopic.php?f=5&t=4934&start=240
Lay the draw – automatically
Last week we backed the draw using the new automation feature in Bet Angel, this week we lay it.
Whether you use the new feature to implement something or test an idea, it’s a powerful tool to do either. Based on immediate feedback we have expanded the number of conditions you can apply to your automation which expand your capability further. Bear in mind that using the practice mode you can play around without risking any money and by using …
It’s jungle out there
Another week and another amazing betting system drops into my inbox.
Each one is similar to the last, as for only a few quid, limited to just a few people; you can have a system that requires little work yet prints money. Sounds fantastic, but as we all know it’s just not true. Why sell something for a fraction of the profit it allegedly generates? Just doesn’t make any sense.
In the past I have noticed that most of these …
Automation – Major new release of Bet Angel
We are delighted to announce a new version of Bet Angel!
This morning we have released a new beta version, 1.30, which includes a brand new feature.
The new feature focuses on automating your betting or trading activity and builds on the work we have done with Guardian and the Excel spreadsheet link. In fact you can use this new feature along side any activity in your core market and / or any activity you have in a spreadsheet.…
Quietly moving ahead..
It’s interesting to see that liquidity and market conditions continue to improve on Betdaq. It’s quite possible to sqeeze someting out of most races now and thanks to the favourable commission rate it’s proving a good use of my time. We appear to have gone from waiting for perfect market conditions to a wider range of acceptable reasons to participate, which is encouraging.
I’d honestly recommend using both major exchanges as competition is good in all markets, but some of …
Bet Angel on TV
OK, not as glamorous as it seems, we have just sponsored a few races at Southwell today. I’m not available to attend the event but one of my guys will be there. I’ve offered him a bonus if he streaks in front of the winning post!
Never going to be great quality conditions on a Monday, but we hope we have done our bit for racing today.
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