Bet Angel Professional

351 Pages·2016·27.79 MB·English

Bet Angel Professional
User guide
Copyright 2022 - Bet Angel Limited
Table of Contents
Bet Angel Professional - User guide contents .........................................................................................................9
Welcome to Bet Angel .......................................................................................................................10
Risk Notice .........................................................................................................................................11
Getting the most from Bet Angel ......................................................................................................12
Bet Angel Review ..............................................................................................................................13
Getting started ...................................................................................................................................16
Downloading and installing Bet Angel .........................................................................................17
Registering Bet Angel ..................................................................................................................20
Email Verification .........................................................................................................................24
The Bet Angel Professional Log-in screen and options ..............................................................26
Logging in errors ...................................................................................................................28
Practice Mode ..............................................................................................................................31
The Bet Angel Desktop screen ...................................................................................................33
Market Selection ..........................................................................................................................35
Searching Markets .................................................................................................................36
Opening Markets ...................................................................................................................39
Drag and Drop .................................................................................................................41
Filtering Markets ....................................................................................................................43
Market Filter Editor ..........................................................................................................45
Filter .................................................................................................................................46
Filter Sets .........................................................................................................................49
Filter Display ....................................................................................................................51
Navigating around Bet Angel and additional set up features ......................................................54
Using the keyboard to navigate ..................................................................................................56
Main settings toolbar ...................................................................................................................58
Managing Multiple Windows - Undocking and Pinning ...............................................................61
Using Screen Layout Profiles ......................................................................................................63
Countdown timer ..........................................................................................................................66
Before you start trading ...............................................................................................................68
Reverse Greening ........................................................................................................................70
One-Click Trading Screen .................................................................................................................72
One Click Trading Interface Overview ........................................................................................73
One Click Orders .........................................................................................................................75
The Make Market button .............................................................................................................78
One Click Trade Profit column and Greening Up .......................................................................80
Sort columns by price via column header ...................................................................................83
Custom columns ..........................................................................................................................85
Drag 'n' drop columns ...........................................................................................................94
Saving Custom Layout ..........................................................................................................95
Changing the stake amount - One Click Screen ........................................................................96
Bet Persistence / SP & Keep Bets ..............................................................................................98
What If P&L ...............................................................................................................................100
Trading Multiple Markets With Multiple One-Click Screens ......................................................102
Bet Angel – Global Settings ............................................................................................................106
Activating the global settings .....................................................................................................107
Fill or Kill ..................................................................................................................................108
Reversing the book Using Odds Display ..................................................................................109
Offsetting by Ticks or Percentages ...........................................................................................112
Stop Loss & Trailing Stop Orders .............................................................................................115
Stop on opening bet ..................................................................................................................118
Refreshing the market odds ......................................................................................................119
Offset Batches ...........................................................................................................................120
Global Settings Editor ................................................................................................................121
Auto staking - Using tick sizes ..................................................................................................123
Auto staking - Using liability stakes ..........................................................................................126
Staking Methods ........................................................................................................................127
Ladder Interface ...............................................................................................................................128
Ladder Trading Interface Overview ...........................................................................................130
Ladder Staking Area & Pre-set Stakes .....................................................................................132
Show full market depth and volume .........................................................................................134
Traded volume & recently Traded Volume ................................................................................136
Ladder Greening Up / Close Trade / Cash Out Column ...........................................................137
Enhance ladder ..........................................................................................................................139
Center Ladder ............................................................................................................................141
Placing, cancelling and changing orders using the ladder ........................................................142
Quick hot keys ...........................................................................................................................144
Ladder stop loss ........................................................................................................................145
Ladder Settings Editor ...............................................................................................................147
Trading Multiple Markets with Multiple Ladders ........................................................................149
Bet Angel Advanced Charting .........................................................................................................153
Advanced Chart Editor ..............................................................................................................154
Creating Custom Advanced Charts ...........................................................................................156
Chart Styles ...............................................................................................................................160
Selecting Advanced Charts .......................................................................................................163
Using Pan and Zoom ..........................................................................................................164
Betfair Charts .............................................................................................................................166
Chart Synchronisation ...............................................................................................................168
Manual Bet and Green up. ..............................................................................................................169
Using Manual Green Up stakes ................................................................................................170
Bet Angel Advanced Dutching ........................................................................................................171
Advanced Dutching - Getting Started .......................................................................................173
Advanced Dutching - Back with a Stake of ..............................................................................175
Advanced Dutching - Back to a Target Profit of .......................................................................176
Advanced Dutching - Back with a Minimum Stake of ...............................................................179
Using the Bet Angel Dutching Margin Maker ............................................................................180
Book arbitrage and automatic dutching ....................................................................................183
Bookmaking - ‘Being the bookmaker’ .............................................................................................185
Using the Bet Angel margin maker ...........................................................................................190
Book arbitrage and automatic bookmaking ...............................................................................192
Unmatched Bets Area .....................................................................................................................194
Spawned Unmatched Bets Window ..........................................................................................197
Matched Bets Area ..........................................................................................................................199
Saved bets area ..............................................................................................................................200
Trade Profit Calculator (Cash Out) .................................................................................................202
Quick Bets Ticket .............................................................................................................................204
Servants ...........................................................................................................................................208
Servant Manager .......................................................................................................................211
Starting Servants .......................................................................................................................213
Stopping Servants .....................................................................................................................216
Creating & Editing Servants ......................................................................................................218
Shortcuts ....................................................................................................................................219
Control ........................................................................................................................................221
Activity ........................................................................................................................................223
Safety Servants .........................................................................................................................227
Settings (Servant Manager) .......................................................................................................229
Servant Context .........................................................................................................................230
Microsoft Excel integration ..............................................................................................................232
Starting up the Excel interface ..................................................................................................233
Connecting Bet Angel to your spreadsheet ..............................................................................235
Using the ‘Bet Angel’ spreadsheet ............................................................................................237
Instruction fields .........................................................................................................................239
Syntax of Bet Rules & Individual commands ......................................................................240
Status cell (for selections) .............................................................................................242
Syntax of Global Commands ..............................................................................................243
Status cell (for global commands) .................................................................................244
Important cell references in the Bet Angel spreadsheet ...........................................................245
Placing basic bets or trades using the Bet Angel Spreadsheet ................................................246
Placing triggered bets or trades using the Bet Angel Spreadsheet ..........................................247
Fully automatic trading using the Bet Angel Excel Spreadsheet ..............................................248
Bet status cell ............................................................................................................................250
Advanced Excel integration .......................................................................................................251
Linking multiple spreadsheets .............................................................................................252
Creating your own market interface ....................................................................................253
Creating automatic trading functions ...................................................................................256
Creating buttons ..................................................................................................................258
Other Excel Resources .......................................................................................................260
Bet Angel - Guardian .......................................................................................................................261
Ribbon Bar .................................................................................................................................264
Guardian Market Selection ........................................................................................................265
Updating Markets - Guardian Market Cycling ...........................................................................270
Removing Markets .....................................................................................................................272
Profit & Loss Reports ................................................................................................................274
System & Connection ................................................................................................................277
Main Guardian Window .............................................................................................................278
Market List .................................................................................................................................281
Guardian Custom Columns .................................................................................................284
Guardian Layout and Import/Export ..............................................................................289
Guardian - Excel - Multi market functionality ..................................................................................291
Spreadsheet handling ................................................................................................................293
Guardian - Watch Lists ....................................................................................................................294
Using Multiple Watch Lists ........................................................................................................298
Sorting Watch List Markets .......................................................................................................300
Watch List Tennis Scores ..........................................................................................................305
Watch List Alerts ........................................................................................................................308
Greening From the Watch List ..................................................................................................310
Event Filtering Watch List ..........................................................................................................311
Summary ....................................................................................................................................314
Guardian - Coupons ........................................................................................................................315
Coupons .....................................................................................................................................318
Coupon Editor ..................................................................................................................................322
Coupon Filter .............................................................................................................................323
Coupon Panels ..........................................................................................................................324
Coupon Custom Columns .........................................................................................................327
Coupon Settings ........................................................................................................................331
Advanced automation (Triggered betting) .......................................................................................334
Getting started ...........................................................................................................................335
Our first automation rule ......................................................................................................336
Market selection ...................................................................................................................337
Creating an automation rule ................................................................................................338
Parameters ...........................................................................................................................340
Conditions ............................................................................................................................341
Saving a rules file ................................................................................................................342
Using & Removing your rules .............................................................................................343
Deleting A Rules File ...........................................................................................................345
Import and Export Rules File ..............................................................................................346
Using Signals .......................................................................................................................347
Using Stored Values ............................................................................................................349
Copying Rules Between Files .............................................................................................350
Automation Reference ...............................................................................................................351
Rule Types ...........................................................................................................................352
Rule Trigger Times ..............................................................................................................356
Always Armed ................................................................................................................357
Fixed date & time ..........................................................................................................358
Relative to event start time ...........................................................................................359
Relative to in play time ..................................................................................................360
First Rule To Trigger ......................................................................................................361
Rule Triggers & Arm Times ...........................................................................................362
Apply Rule to Selections .....................................................................................................364
Parameters ...........................................................................................................................366
Place at (Parameters) ...................................................................................................367
Stake (Parameters) ........................................................................................................369
Global Settings (Parameters) ........................................................................................371
Take SP, Keep, Cancel Bet (Parameters) .....................................................................372
SP Bets Limits (Parameters) .........................................................................................374
Alert / Play Sound / Show Message (Parameters) ........................................................376
Export (Parameters) ......................................................................................................379
Custom Ranking (Parameters) ......................................................................................381
Set Stored Value from File (Parameters) ......................................................................384
Display Market on a Trading Screen (Parameters) .......................................................385
Conditions ............................................................................................................................390
Group Conditions ...........................................................................................................392
In Play ............................................................................................................................394
Market Status .................................................................................................................395
Fixed Odds ....................................................................................................................396
Relative Odds ................................................................................................................397
Historic Fixed Odds .......................................................................................................400
Historic Relative Odds ...................................................................................................401
Weight of Money ...........................................................................................................404
Number of Selections ....................................................................................................405
Current Selection ...........................................................................................................406
Number of Place Bet Triggers .......................................................................................407
Close Trade Profit ..........................................................................................................408
Green All Profit ..............................................................................................................411
Number of Unmatched Bets ..........................................................................................412
Unmatched Bets Amounts .............................................................................................413
Number of Matched Bets ..............................................................................................414
Matched Bets Amounts .................................................................................................415
Book Percentage ...........................................................................................................417
Unsuspended Time Condition .......................................................................................418
Unmatched Bet Time .....................................................................................................419
Fill or Kill Bet Time ........................................................................................................421
Volume ...........................................................................................................................423
Stall Draw ......................................................................................................................424
Race Distance ..............................................................................................................425
Market Type ...................................................................................................................426
Text Comparison ..........................................................................................................428
Tennis Serving ...............................................................................................................431
Tennis Fixed Score ........................................................................................................432
Tennis Relative Score ....................................................................................................433
Tennis Completed Set Score Condition ........................................................................434
Signal Set .....................................................................................................................436
Signal Value ...................................................................................................................437
Signal Changed .............................................................................................................438
Stored Value Set Condition ...........................................................................................439
Stored Value ..................................................................................................................440
Stored Value Changed ..................................................................................................443
Total Performance Data .................................................................................................444
Signals .................................................................................................................................445
Stored Values ......................................................................................................................447
Store Value as Text .......................................................................................................455
History Lists ...................................................................................................................461
Store Value from a Range of Values ............................................................................463
Notes ....................................................................................................................................467
Example rules ............................................................................................................................469
Creating a Scalping Bot ......................................................................................................470
Opening Order ...............................................................................................................471
Parameters ...................................................................................................................473
Conditions ......................................................................................................................474
Secondary rule ...............................................................................................................476
Naming the rules file .....................................................................................................477
Optimising Guardian for this rule ..................................................................................479
Video's to watch ............................................................................................................480
Applying rules to selections individually Chosen via the Guardian market list ..........................481
Manual control over Automation rules ......................................................................................488
Market Overview Screen .................................................................................................................491
Overview ....................................................................................................................................494
Charting ......................................................................................................................................496
Columns .....................................................................................................................................500
Risk Meter ..................................................................................................................................501
Bet Angel - InPlay Trader ................................................................................................................502
Configuration Options ................................................................................................................503
Bet Placement Options ..............................................................................................................506
Stake Level ................................................................................................................................508
In-Play Trader Global Settings ..................................................................................................509
Using In-Running .......................................................................................................................510
In-Play Profile Editor ..................................................................................................................511
In-Play Trader Markers ........................................................................................................515
In-play Trader Profile Settings ...........................................................................................519
Bet Angel - Tennis Trader - Tennis profiling tool .............................................................................520
Starting Tennis Trader and linking to a market. ........................................................................521
Application Buttons ....................................................................................................................522
Setting Up for a Tennis Match. .................................................................................................523
Calibrate The System ................................................................................................................524
Updating the current score ........................................................................................................526
Built in Predictor Scenarios .......................................................................................................527
How to use predictions ........................................................................................................528
Game & Set Matrix ....................................................................................................................530
Live scores on Tennis trader .....................................................................................................533
Bet Angel - Soccer Mystic - Football profiling tool ..........................................................................535
Starting The Predictor ...............................................................................................................536
The “forecast time” sliders .........................................................................................................537
Goal Area ...................................................................................................................................538
Probability forecast charts .........................................................................................................539
Soccer Mystic profit line ............................................................................................................540
The Log File ....................................................................................................................................543
Bet Angel - Settings tool .................................................................................................................546
Show/Hide Username or Balance .............................................................................................547
Display .......................................................................................................................................548
Staking & Liability ......................................................................................................................552
Behaviour ...................................................................................................................................554
Keyboard Shortcuts Editor ..................................................................................................557
Green Up Settings .....................................................................................................................559
Communications Settings ..........................................................................................................561
Dynamic Connection Tuner .................................................................................................562
Supplementary data refresh rates .......................................................................................563
Calculate Profit and Loss Locally ........................................................................................564
Ladder Settings ..........................................................................................................................565
General ................................................................................................................................566
Columns ...............................................................................................................................572
Matchstick Charts ..........................................................................................................574
Markers ................................................................................................................................575
Embedded Charts ................................................................................................................578
Unmatched Bets ..................................................................................................................580
Additional Information ..........................................................................................................583
'What If' ..........................................................................................................................588
Display Order .......................................................................................................................590
Enhanced Area ....................................................................................................................592
Ladder Settings Import / Export ..........................................................................................599
Basic Automation Settings .........................................................................................................600
Chart Settings ............................................................................................................................602
Sound Alerts ..............................................................................................................................604
Using Settings Profiles ..............................................................................................................607
Excel settings & additional data ................................................................................................609
Race Meter ................................................................................................................................612
Total Performance Data .............................................................................................................614
Value Based Colour Settings ..........................................................................................................617
Using Value Based Colour Profiles ...........................................................................................621
Getting the fastest and most reliable connection ............................................................................630
Understanding local performance ..............................................................................................631
Ways to test and improve your responsiveness .......................................................................632
Retrieving Betfair Market Information ........................................................................................633
Bet Angel product differences .........................................................................................................634
Bet Angel Professional versions ...............................................................................................635
v1.50 Overview ....................................................................................................................636
v1.51.1 Overview .................................................................................................................638
v1.52 Overview ....................................................................................................................640
v1.53 Overview ....................................................................................................................643
V1.53.1 Overview ..........................................................................................................646
v1.54 Overview ....................................................................................................................647
v1.55 Overview ....................................................................................................................649
Release Note Text .........................................................................................................652
v1.56 Overview ....................................................................................................................653
v1.57 Overview ....................................................................................................................656
v1.58 Overview ....................................................................................................................658
v1.59 Overview ....................................................................................................................659
Betdaq Version ..........................................................................................................................662
Bet Angel Basic .........................................................................................................................663
Terminology ......................................................................................................................................664
Bet Angel Professional - User guide contents
The Essential Guide to Bet Angel Professional
Welcome to Bet Angel

When I joined Betfair as one of the very first customers back in June 2000, I never dreamt how far the simple
concept of a betting exchange would go.
In the early days I could see many opportunities, but the market completely lacked the tools I needed to try and
achieve all the things I knew were possible. Therefore I set about creating a team that could not only create the
tools but also have the vision to deliver my ideas from concept to fruition. Since those early days Bet Angel has
consistently been first to deliver features that have not been seen before in sports markets. Features such as 'Keep
bets' and 'cash out' first appeared in Bet Angel before being adopted by Betfair. This is something we aim to continue
and we are driven by a desire to continuing to be the best of class software on the market.
We want to achieve that because that is part of my edge in the market. As I explore the markets and discover new
opportunities, I am pleased to say Bet Angel has continued to mature to explore all the opportunities available. I
am pleased you have chosen to use Bet Angel and would like to welcome you to the journey.
Betting exchanges have changed significantly and we should be grateful to the creators, innovators and promoters
of exchanges for the hard work they have put in to bring exchanges to this point. It has opened up many ways for
everybody to participate in modern betting markets and more importantly, in ways inconceivable not that long ago.
I look forward to continuing to develop Bet Angel and I am indebted to the wonderful support and work of the team
here and the support of the exchanges in aiding us in our development of the product and our pursuit of excellence.
Peter Webb