Manually Place a Spread of Bets without even Clicking your Mouse

There is a reason it's the best Betfair trading software, there is so much it can do!
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Dallas
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Joined: Sun Aug 09, 2015 10:57 pm
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If you’re a manual trader have a look at the image below and guess how many clicks of the mouse it takes to place those 22 unmatched bets?

Spread Example.JPG

With Bet Angel the answer is 0

What about if you wanted to do the same on every selection within a market - at the same time?
With Bet Angel the answer is still 0

Both can be done with a single press of a key!

OK so your unlikely to ever want to place a load of bets in this actual way but something that you will likely often want to do is place a ‘spread’ of bets on one or perhaps both sides of the current price, or maybe near the top or bottom of a range or around a cross-over.

Small Spread Example.JPG

Well if you can place a bet at every price on every selection with a single press of a key then you can certainly place a smaller spread of 3,4,5 or however many bets you want around the current price or key area with that same push of a key.

How?
One simple word – Servants
Servants are just one of many unique features of Bet Angel and certainly one of the most powerful and innovative features which everyone should be using in some degree or another.

You, simply instruct the servant where you want the bets to be placed, this could be at a predefined number of ticks or percentage from the current price
Ie, you want to start your spread at the current reverse price and cover then following 3 ticks, or ever other tick, or you might want to start a spread 5% either side of the current price and cover the next 4 or however many ticks thereafter.

Alternatively, you may want more control and want to specify where the spread starts depending on what’s happening in the market at that time, this is also possible and just as easy, all you need do is point your mouse cursor at the price you want then press your key and your spread of bets will be placed. This is the way I prefer to do it but as it’s so easy to do why not just have a key for both methods just in case!

What if you don’t want your spread of bets to use the same stake for every bet?

That’s easy to, you can define a percentage of a stake to be placed throughout your spread, so you might want 50% placing at the front, then 15% at the next two prices then 10% at the final 2, so if you were using a £200 stake the spread of bets would be £100, £30, £30, £20, £20
In the image below a stake of £256 was used to spread out 3 bets at 50%, 25%, 25% (£128, £64, £64)

Spread Entry.JPG

Now what if you want to place a spread using a certain stake value on one selection then another stake value on a different selection immediately after? ie, spread £500 of bets on the fav but just £100 of bets on the 4th fav

That’s also just as easy as you can instruct the servant to use whatever pre-set stake you currently have chosen for that selection.

To summarise and to put it all into one paragraph you can place a spread of as many bets, covering as many odds as you want and on as many selections as you want using any values or percentage of a pre-set stake through the spread and all with 1 push of a key.

If you're not opening a trade with a spread of bets, then why not still close a trade with one?

Whether your swing trading, scalping pre-off or doing an in-play strategy like Back2Lay using a spread of bets to exit is a great way of maximizing profits whilst also reducing your liability and therefore minimizing risk.

You could set it up so that no matter how much you have had matched you can place a closing trade equal to the matched amount spread out across a number of ticks or as described above using various percentages all without the need to input or select a stake.
Ie, you’ve just had £78.42 matched at the start of a swing trade before the price begun to move, just press a key and have that £78.42 spread out over several prices using whatever percentages you want.

Spread Exit.JPG

Spreading a series of bets is just ONE of the practically unlimited ways servants can be used to help and enhance your trading regardless of sport or whether pre or in-play.

Want to give it a try?

You don’t even have to create the servant from scratch, there is a ready-made one you can download from the Servants shared files section (see link below) that will already place a spread of back,lay or exit bets, all you have to do is just download, import and assign it to a key of your choice, then if required you can edit any element of it to make it spread the bets exactly the way/s you want.
viewtopic.php?f=58&t=15201
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