Posts Tagged software
Will Betdaq take off this year?
Posted by Peter Webb in Bet Angel, Betdaq on January 7th, 2012
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 sort of, as some people who tried Betdaq or took the time to develop stayed, me included. It was quite an easy decision for me as, through past experience, I knew that having more than one feather in my cap always paid dividends and having two companies competing for my business was better than one.
Things have been improving slowly over time and but got a big flip again last year when Betfair changed charges again. Once more people said they would do more business on Betdaq, but will it be different this time?
One thing that has changed this time is that there has been a sustained increase in business on Betdaq and that has provided more opportunity, as I have mentioned often in the blog. I think some of this has come around because some larger players have been forced to really make it work this time. We have also done our bit by completely overhauling Betdaq Angel, it received a major upgrade in the middle of last year. That brought it up to spec with the Betfair version, spreadsheets, Guardian and all. It’s been completely free since we introduced it in 2008, so if you want to see more activity on Betdaq; spread the word. Because it’s free you have no real excuse to not download and use it!
From my perspective, I was around at the very start of Betfair so I know the characteristics of a ‘young’ market. Therefore, I am getting better and better on Betdaq, I am often getting similar results on both exchanges (see below for the last race, last week). But to be ideal it just needs a bit more of the ‘right sort’ of activity to bring into play additional strategies. If that happens then I think we could hit an upward cycle.
Your individual circumstances will vary and therefore I suggest you use both exchanges, I do. It’s most important that you use something that suits your style or needs and gives you the greatest opportunity. But it will interesting to see if Betdaq really gets going this year. What do you think?
It’s jungle out there
Posted by Peter Webb in News on December 2nd, 2011
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 systems are simply ebooks or manuals of one sort or another, but increasingly you are now seeing software being touted with these systems.
When you receive these new mailers it’s difficult to believe any of the claims. But furthermore, when you dig deeper, you often find the individuals involved have done their best to hide their identities. Doing a ‘who is’ on the domain reveals nothing. Asking, enquiring or trying to dig for a contact equally draws up a blank. So, my point….
There has been a lot of talk and incidences where betting accounts are being actively de-frauded. We were all alarmed to learn that Betfair will not refund in these cases as they are not taking counter party risk, yet. Therefore, could you realistically use software where you can’t see it has been approved by an exchange, has no track record and you can’t even find out who made it? Coupled with extravagant claims, it’s not really worth the risk is it?
I know most readers of the blog will not be in the group of people that could be suckered by these things, but if you know somebody that could be drawn in. Give them a gentle reminder and save a lot of possible heartache. At best we may move to a situation when everybody understands the risks involved and maybe get some formal involvement from the exchanges themselves.
Given the risks, he is probably a better bet.
Quietly moving ahead..
Posted by Peter Webb in Bet Angel on November 11th, 2011
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 this will be subject to what you are trying to do. While horse racing is working well and very liquid now on Betdaq, its not so great on some other sports; but generally improving. Basically use both where you can, but not at the expense of your net results!
As you may be aware we have had a Betdaq equivalent of Bet Angel for some time, around three years now. It contains all the features you expect and best of all it’s free! It got a major upgrade in July, so there is little reason not to download it and give it a try.
Free morning workshop
Posted by Peter Webb in Bet Angel on August 22nd, 2011
This summer we have been holding a series of morning workshops, we are currently conducting another one this morning. These have been aimed to improve your ability to use Bet Angel and your participation in the markets. Because of the small class sizes we do have a waiting list, but if you are interested in attending future courses, please register your interest now.
Practice makes perfect
Posted by Peter Webb in Bet Angel on July 9th, 2011
I thought I would make this post to remind people to upgrade / try the latest version of Bet Angel. I’m motivated to highlight this by the fact that only a portion of our users base have upgraded at the moment according to last months figures.
As a reminder, we recently introduced a very comprehensive practice mode in the latest release of Bet Angel, version 1.28. You can see more about it here: -
The practice / training / simulation mode was a big upgrade and something people have been badgering us for, so please upgrade and use it. One great thing about the new mode is that you can use this mode with spreadsheet integration. This will increase the power and flexibility significantly, giving you loads of scope to try out all sorts of strategies. Please bear in mind though, that no matter how good the implementation, any practice mode that pretends to be like the market can never actually be perfectly like the real market. You will only learn that through actual participation.
However, it’s still a very useful addition, Enjoy!
Bet Angel – Server edition
Posted by Peter Webb in Bet Angel on October 29th, 2009
We have been quietly working away in the background recently to produce a new service that should help all Betfair traders. The server edition is hosted on a very high speed internet connection giving you a very high performance internet connection from any internet enabled device, anywhere in the world.
We have spent some time finding a suitable partner that was able to work with us to produce the package, price and performance required for our customers. For full details please visit the dedicated page on our web site: -