Optimised cash-out for increased profits

If you’re trading two-runner markets like Tennis, Cricket, O/U X.5 goals in soccer, etc., then you should be using ‘Optimised Greening’.

Enabling this option within Bet Angel will give you increased flexibility when greening up, allowing you to maximize your profits and minimize your losses in all markets where there are only two selections.

To enable this, go into your main settings area and on to the ‘Green up’ tab. Here, you will see an option ‘Use Optimised green up calculation for markets with 2 selections’

Once enabled, ‘Optimised Greening’ will allow you to green up using either selection. This is very useful if you can’t place your greening up bet on the selection you placed your opening trade on due to a lack of liquidity.

HOW IT WORKS

For example, still with the regular green-up calculation being done, I have opened a normal lay trade on the first selection. The price has now moved in my favour a few ticks, and I have the option to green up for a profit. However, the best price I can green up at is 1.80, giving a £1.11 profit. Of course, you will notice the P/L figures on the second ladder all show £0.00.

Now, with ‘Optimised Greening’ enabled, the P/L figures also appear on the second selection (even though no trade has been opened on that selection), giving you the opportunity to green up using either selection.

In this example, because I opened with a lay bet on the first ladder, greening up using the second ladder means that when you click a P/L figure, it will require another lay bet (not a back bet).
Looking at the second ladder, you can see the best price for me to green up at is 2.22, which returns a profit of £3.26. This is an extra £2.15 in profit from the same trade, but it would not have been possible without enabling the ‘Optimised Greening’ option.

This one trade gives us a little over 1% extra profit on the initial stake. Added up over several hundred trades, it becomes a serious amount of additional profit for doing nothing differently.

Even in a very liquid market with no gaps between the prices on either selection, you can still squeeze out extra profits or reduce your losses by using the opposite selection to green up on.

For example, look at the image above again and imagine there are no gaps on either ladder, if the price went 1 tick against you then on the 1st ladder you could green up for a loss of -£1.12, but by using the 2nd ladder the loss is only -£0.99 meaning you will lose 13p less by using the 2nd ladder to green up for a 1 tick loss.

Again, over time, all these reduced losses will add up, and combined, they should save you a tidy amount at the end of each month/quarter. The extra profits can make a big difference to every strategy you use on two-runner markets.

Once you have enabled ‘optimised greening,’ if you open a market with three or more runners, it will automatically revert to the regular greening-up calculation. When you next open a two-runner market, it will switch back to optimised greening.

Because of that, I have this enabled on all my settings profiles, but if you would prefer to trade some markets with it enabled and others without it, then you can save separate settings profiles for each.