Betfair Trading Applications: Advantages

Before we even think about using this type of application, we must look at the possible benefits and advantages it could bring us. 

One Click Bet Placement:

This is a feature which allows a trader to place a back or lay bet for a specified amount using just one click of the mouse. Traders gain a speed advantage over traders using the normal betting interface which could prove vital to profit margins. With "one click betting", when you see a price, you can have that price in less than one second (if the event is not in-play).

Using the normal Betfair interface it would take you up to 11 key presses to submit a bet. This speed advantage means that your trading can be as effortless and stress free as possible (no need to wait for bets to get matched if you missed a price).

One Click Bet Placement is a very common feature in trading applications. You’ll find that all trading applications will incorporate this feature in one way or another.

Flow of Money Indicators:

These are indicators which show the "flow of money" on any event at a betting exchange. Traders use this information to determine whether or not a price will move up or down so they can guarantee a profit. If there is more money on the lay side, it usually means the price will move down. More money on the back side usually means that the price will move up.

From my experience, using Flow of Money indicators is an accurate way of predicting price movements in some cases such as horse racing 10 minutes before the start of the event. I would not recommend Flow of Money indicators to as a reflection of price movement for events which are In-Play.

The reason for this is because external factors (i.e. a goal being scored) come into action when an event goes In-Play.

Profit Equalisers:

If you have placed back and lay bets at level stakes and achieved a "green" position, profit equalisers will use a formula to work out how to equal the profit over all outcomes so that you guarantee a profit no matter the outcome by placing one more bet automatic. Similarly, there are also Loss Equalisers which equalise a loss over all outcomes.

Pressing the Profit Equaliser or “Hedge” button will spread your profit across all outcomes with one button press (no need to work out the stakes or place the bet yourself).

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