Hi,
I'm new to this, but have used other software before, and I like the feature where I can see how much money is in front of me on the ladder. e.g. there might be £2000 total backing at a certain price, say I placed a £2 bet 1 minute ago, and on other software I can see in a ladder column that there's £53 left before my £2 gets matched. Is there any way to display this information on BetAngel?
Thanks
Ladder money in front of me
Top two posts of this thread answer your question
viewtopic.php?f=46&t=15061&start=216
viewtopic.php?f=46&t=15061&start=216
I'm afraid I have to disagree with the comments in the other thread. I've used trading software with PIQ (position in queue) for a couple of years. It's not 100% accurate but I would describe it as fairly accurate. It's certainly not a gimmick or unreliable.
The main problem with PIQ is that if somebody puts money on the queue at the same time as you within your refresh rate, as far as I know the software will have absolutely no way of knowing whose bet got onto the exchange first and takes a conservative view that you were last. My money gets matched earlier than expected far more often than later. I would have thought the faster refresh rates with streaming would reduce the inaccuracies. I don't think cross-matching has much impact on horse racing markets as far as PIQ is concerned.
I don't trade anything other than horse racing so I don't know how accurate it would be on football or tennis, where I would expect a lot more cross-matching.
Edit: another inaccuracy is cancelled bets. I don't think there's any way of knowing if the cancelled money was in front or behind you.
The main problem with PIQ is that if somebody puts money on the queue at the same time as you within your refresh rate, as far as I know the software will have absolutely no way of knowing whose bet got onto the exchange first and takes a conservative view that you were last. My money gets matched earlier than expected far more often than later. I would have thought the faster refresh rates with streaming would reduce the inaccuracies. I don't think cross-matching has much impact on horse racing markets as far as PIQ is concerned.
I don't trade anything other than horse racing so I don't know how accurate it would be on football or tennis, where I would expect a lot more cross-matching.
Edit: another inaccuracy is cancelled bets. I don't think there's any way of knowing if the cancelled money was in front or behind you.
Last edited by Derek27 on Tue Nov 21, 2017 4:54 pm, edited 1 time in total.
- ShaunWhite
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I'm talking about bets that are taken as a result of cross-matching, and the effect it will have on PIQ.
In a tennis match a much larger percentage of bets will be cross-matched compared to a 20 runner handicap with a back overround of 103% and a lay overround of 97%.
In a tennis match a much larger percentage of bets will be cross-matched compared to a 20 runner handicap with a back overround of 103% and a lay overround of 97%.
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I would argue that even if it's not completely accurate it would affect my behaviour if I knew there was £5 in front of my money vs if there was £2000