Category: Using Bet Angel
Bet Angel in the FT
Have several people in my inbox saying we are in the FT this weekend. Thanks for the tip off, it’s nice to get some recognition after 11 years of hard work!
You can view the article here: -
http://www.howtospendit.com/#/articles/4599-the-smart-money-a-winning-psychology
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Where Angel’s don’t fear to tread
Just over a week ago we had the Betfair upgrade and first outage.
Betfair has a chequered history of outage’s, but have been much better in recent years. Because Bet Angel was around before the API was created, we have always maintained a dual mode of operation. You can connect to Betfair via non API (The website) or API modes.
I tend to connect by the API but I have both available at all times, just in case there is …
New communications tool
I’ve created some new videos to highlight some of the new features in the latest version of Bet Angel. I will record some more in the coming week, but you can find a list of the current selection here. I have uploaded them to You Tube as well.
For some time we have allowed a lot of flexibility on how Bet Angel communicates with Betfair. This extends beyond the unique connection mode feature, to other areas of the software. …
Bet Angel 1.26 released
We are pleased to announce a new beta release of Bet Angel is now available. There are a number of changes in the latest version, some of them significant.
We will post some new videos up in the next few days which will better describe the changes we have made and allow you to confidentally use the new features, but here is a summary: -
Screen Layouts – the size and position of each of Bet Angel’s windows can …
Automated trading
Early on in the development of Bet Angel I decided we should be able to link to a spreadsheet. Doing this meant that I & other Bet Angel users could experiment to their hearts content, create new views of the market or new trading tools using the spreadsheet. Since the first primitive implementation we have worked hard to add additional features so if you haven’t used it recently give it a try
There are many useful things you can use …
Underrated strategy
I covered the ‘lay the field’ strategy in some depth in racing ahead magazine a couple of months or so ago, it’s an easy strategy that works well and has been popular amongst exchange users for years. On Bet Angel you just need to set the odds, a value and click to lay the field.
To make it work, all you need to do is look for a market with a great deal of uncertainty about it. One market that …
Betfair for the iPad
I see Betfair have launched an iPad app. I quickly downloaded it but there isn’t a great deal to it at the moment, so don’t rush.
As the iPad has a much bigger screen it is possible to log in and operate via the Betfair web site which works pretty well, thought the username and password entry can be a pain. Simple additions like viewing my P&L for the day would make this app useful but that’s not available, just …
Betfair API problems
Just a short note to confirm that there were problems with the Betfair API this afternoon. For those that are new to Bet Angel you may be interested to know that we support API and non API connections. In the event of an API issue you can just switch from one mode to another to carry on you activity. There are some differences between the modes so make sure you are aware of those before switching connection mode.…
Goodwood / New football season
This is turning out to be a good week so far. I think the research I did last year and this has given me some confidence to know exactly what I should be doing and when, also when to not bother! I don’t think it’s been easy, but that gives me even more confidence given the fact I am making it work well.
Today is going to be very busy so I hope that I can end the week with …
Goodwood day two
First race of the day struggled to stay in profit, small profit second race and a loss in the third. My winning run broken. But with the shackles off I threw caution to the wind and actually had a pretty reasonable day. It’s been pretty mixed though, but I am doing a better job than last year. I hope to keep that up for the next three days to complete a strong month.
The confusing thing is that I am …
Positive start
I didn’t expect Goodwood to be that easy and it wasn’t. But thanks to my preparation I did get off to a good start on the week. In fact I managed a clean sweep on all the races yesterday. Which meant, after carrying over races from Monday, I am entering today on 43 winning races in a row! While a run like that sounds great, it’s not. It just adds pressure to perform on the next race and you end …
Glorious Goodwood?
Goodwood starts today and I must say that in previous years I’ve often struggled to make this a glorious week. Goodwood does not seem a lucky course for me. Last year I had to work hard to try and get things right and it took me most of the week to get it and by then it was too late. This year I am better prepared so hope to do better.
We also have the Galway summer festival this week. …
Off to the House of Lords
I have been invited to the House of Lords today. I have been to Parliament before, when I was lobbying on an act of Parliament at the committee stage. But I have never been into the depths of the upper house before.
Why? It’s a long story, that I may find time to explain at some point, but it’s to do with a charity. I am looking forward to it. I don’t think pictures are allowed in the upper house …
Government to mop up betting cash
Following a pledge by the UK coalition government, MP Don Foster has been asked to compile a report into abandoned betting accounts estimated to amount to millions of pounds which could be used to improve public sports facilities and clubs in the UK. Basically the government are looking at ways to access dormant cash in betting accounts. This is more or less the same initiative that they have embarked on with savings accounts.
For the full story visit this link:
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Just a month left
I don’t want to depress you, but in a months time the summer racing calendar will be shutting down. Most of the major sports events will be out the way and the evenings in the UK will start to pull in.
The days of ample opportunity and get out of jail cards will have been served and your approach will have to shift slightly to adapt to the prevailing winds. It doesn’t mean that opportunity has gone, just changed shape …
Getting stung
I got stung twice on Tuesday. Both incidents were pretty rare but taught me a lesson.
Sting one, we have a wasps nest in the Garden. Despite many attempts to get rid of it, they still persist. We called in the specialists in but that was only a temporary respite. So I took matters into my own hands and had a good poke around in the composter to locate it. Unfortunately the wasps were wise to me and one poke …
Betfair to float in the autumn
I’m told that according to Sky News today, Betfair are to list on the stock market in the Autumn with a target valuation of £1.5bn. That would be a multiple of 40 times last years earnings which is a significant premium to pay. Betfair appeared to dismiss the rumours earlier in the week during their forum chat.…
Occam’s razor
In case you are not familiar with this concept here is a link to the Wiki page: -
http://en.wikipedia.org/wiki/Occam%27s_razor
Basically, most things are best explained in simple terms and explanations with much more detailed thought or rationale behind them turn out to be much less effective in explaining or moving forward a concept. I only learnt of Occam’s razor while watching a science documentary one night but it my experience Occam was right. If you can’t explain something works in …
It’s over
Last night finally saw the World Cup end.
It’s been a great couple of months but I’m exhausted, so I am personally glad to see the end of this busy period. It’s really great having such opportunities, but it’s impossible to work flat out like this for any length of time. Time for some recuperation and hindsight. It has been very rewarding though, with last week bringing in my second biggest week ever.
I’ve also gathered lots of data to …
Going Dutch
This isn’t a pick! I think the Spanish have done a good job so far tactically and may test the Dutch defence in a way it hasn’t been tested so far this World Cup. This is a reference to what I will be aiming to do this afternoon. I have Dutchand German friends just round the corner from where I live, but as the German’s didn’t get to the final I will be going Dutch for the final. As I …
Newmarket July meeting
I’ve never really put this one in the diary as a meeting that exhibits great characteristics but this year it feels different and is much more positive. Don’t get me wrong its a much better than average meeting, it’s just never stood out in previous years. It’s been a good start to July, so I am hoping the last day of the meeting will bring further rewards. Typically the last day is the best.…
Small fields
If I had a small field in as my garden I would be happy. But a small field when trading is not such a happy occurrence. Look at today’s card and there are seven meetings but only 5 races have field sizes in double figures!
Straight off this tells me what sort of day this is going to be, trickier than usual. But its alarming that none of these courses can seemingly cobble together a decent field. No doubt there …
7/7
Was having a shower this morning when my wife reminded me of the significance of the date. It’s amazing how events can quickly slip into the past and we should all be reminded of those events, lest we forget.
I was in town this morning and did a little piece for CNBC. So far I haven’t had enough time with them to show them the wider world of modern betting markets, but I am sure it will come! I hope …
Germany vs Spain
The market is priced for 2.40 goals or thereabouts with a 1.20 goals to Spain. The Germans have stormed through to the semi final whereas the Spanish appear to have ground out results but both teams slipped up in the group stages.
Some interesting notes I’ve copied from elsewhere: -
- Victory at Euro 2008 was only Spain’s second win in eight competitive games against the Germans.
- Germany are unbeaten in three previous World Cup games against the Spanish.
- Overall, the
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Uruguay vs Netherlands
I think you would have to fancy the Netherlands in this match, which the market is doing by one goal. But it is also pricing in very few goals, just short of 2.30. So the market summarises this as a tight match with the Dutch should win.
I would secretly like a Germany / Netherlands final as it would add some serious spice to the mix, but I suspect Uruguay will feel they have an equal chance. A lot rests …
My lucky day
Nothing lucky about the result which was fine, but it was more the manner in which it was achieved. Often you can wade into a market and everything goes wrong. Nothing works the way it ‘should’ and bad postions get worse and so do good ones. Yesterday was unusual, in that I forcast a poor day but I didn’t really get any significant negatives yesterday. It just seemed that when I got myself into a hole, it quickly offered me …
No pleasure
OK, so I got the Netherlands win right, Murray’s defeat at Wimbledon and Forlan scoring with Uruguay qualifying for the semis. But other than the Netherlands win, the other two were a little bitter. A couple of cruicial points would have seen the Murray match take a different complexion and a long overdue UK mens finalist at Wimbledon. As for Ghana’s defeat, it would have been nice to see a win rather than that last minute ‘cheating’ drama. I am …
Reaching a climax
Excuse the double entendre but both Wimbledon and the World cup are now reaching the critical stages.
Both Nadal and Murray know that they have a great chance to win Wimbledon if they get through the semi final. That said, Berdych is on fire at the moment as I write this. I can’t help but think Murray’s price is a little low given his opponent. The market is telling us there is only a 2.7% difference in ability given the …
June
June was fine, nothing amazing but better than last year. Had some difficult patches, some highlights, but it just sort of happened without anything stunning happening in either direction. I just ground out a result each day.
The whole month got a shot in the arm with the World Cup and Wimbledon, both of which were welcome additions to what was often pretty poor racing. I put some renewed focus into these areas this month. The launch of Tennis trader…
More about penalties
Following the recent chatter on penalties, I note the absence of them so far! Somebody posted on the forum about a very useful tool that you can use.
I didn’t know this existed, so thanks to the poster for finding it. It confirms what I was talking about, but more importantly it could prove very useful if a match goes to penalties. This is because it allows you to examine all previous results from the penalty takers and …
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