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Bet Angel – Betfair trading – Creating a 'Fat Finger' automation rule








Pulling of this trick just once will pay for your Bet Angel subscription for a year if you are using reasonable stakes. Give it a try, but don’t use the example settings in this video. Be a bit more adventurous!

Sometimes the market just acts a bit crazy and prices can spike in and out unexpectedly. In this video we examine how you can create a rule using Bet Angel automation to run in the background to catch any unexpected price spikes.

This rule can run automatically in the background all day once you have set it up, regardless of what you are doing in the main interface. Or you can leave it alone on your account while you do something else! betfair

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20 Comentários

  1. Can one use global settings to offset if the base bet gets matched? Or isn't there any real point if greening all selections just before the off?

  2. I did this automation and I have revised it again and again to make sure everything is correct, why is it backing below 20 ticks and laying above 20 ticks?

  3. Hi Peter – just rewatched the video and thought of a another couple of questions – firstly say you placed your ticks at 20 above market price and one of these jumps occurred that put it to 30 ticks above, would your 20 automatically be picked up if it was jumped over or would the price have to come back in for your automation to trigger? I'm thinking of this with regard to in pay football for example when a goal is scored and trading the price spike?

    Secondly would it be a useful idea to place a stop to pick up in case the jump continued increasing/decreasing to act as security and equally to secure a definitive profit if the price came back in, or would that be unnecessarily limiting your profits?

    Thanks so much and sorry for pestering but i'm learning a lot from all this

  4. Hi Peter – another great video – this seems like quite a useful bot to have running in the background while you pick up other trades – is it something you would run usually as you look for other opportunities? Thanks

  5. Hi – is it essential to also copy the settings at the top of Bet Angel for this strategy? (Tick size = 10, odds display = reverse etc etc)

    ?

    Thanks!

  6. Do I need to create a cash out rule for every runner or is one enough? How many matches would I get a week with this roughly?

  7. Where can I find how todo this  "What if I want to run another Rule for all Win Races ? Could I open another instance of BetAnge and run both Rules simultaneously"

  8. What if I want to run another Rule for all Win Races ? Could I open another instance of BetAnge and run both Rules simultaneously ? Thank you.

  9. You must have set it up to back below the current market price and lay above it. If you do that it will match instantly. You need to put your offers outside of the current market price. That sounds like the problem.

  10. I've setup this rule on my trial but as soon as it becomes active ie 30mins before the race it places a bet at the current market price, anyway round that?

  11. Set the amount it's offset by a wider amount if you like, this is just a demonstration of a rule you could use. Or you could fix the rule to trigger at set points above or below the current price it's entirely up to you. I try and post ideas for Bet Angel users to take forward, not specific recommendations.

    If you double the offset to 40 ticks my stats tell me there would be very little chance of getting either matched before the start. Not impossible, just very unlikely.

  12. Ok I have bet angel already,
    Let me try to explain my doubts according to the example:
    At 5:39 the rule is running on the horse at the second position (meritocracy if i read well)
    30 min before the start the rule placed a back at 8.4 and a lay on 3.65, the current price was around 5.1.
    My doubt is what would occur at these scenarios:

    1 – the odds rise 8.4 gets matched and continue to rise?
    2 – 8.4 gets matched but it never comes to 3.65?
    3 – the odds go down only reaching 3.65?
    4 – no match?

  13. Very little to be honest. You order doesn't get matched so you exit, or it gets matched and you will most likely profit.You don't need many to pay for the software outright and you can do this even if you are doing something else in the market.

    You could easily modify the rule so that it puts orders in many hours before the market starts and then exits them before you arrive. Plenty of options.

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