Tutorial 4: Betting In-Play
Today we will show how to use BetMarket Trader when the event In-Play.
Resubmit feature makes it possible to resubmit all unmatched bets which were canceled when the event was suspended. The application remembers all your unmatched bets and automatically offers them once the event goes In-Play. It is good if you don’t want to manually resubmit your bets which were unmatched. Also some traders have they own betting strategies which are based on the fast In-Play bets submission. One more remarkable feature is that you are able to place and cancel your bets even in ‘Suspended’ period. So you have an extra time to manage your bets.
Please, note that the application resubmits only the bets from the currently opened market! If you want to resubmit bets for multiple markets you need to run multiple instances of the application, one per market.
Another helpful feature is so called ‘Preset Prices’. You can setup your own back and lay price (one price for back and one for lay). They are seen as fourth columns with prices in your book. Say, you want to be sure that your Back bets will always be matched. You can set the Back preset price to 1.01 and use it when the prices move very fast. Your bets will always be matched at the best odds available. The same is right for Lay bets if you are using Lay preset price with high odds, for instance, 20. To setup your preset price, right click on the fourth price column and you will see an input box. Fill it with your price and it is ready to use.
The last feature we will tell you today is Lay All button. This button lays all the selections at the selected price. However you should be careful with it because it will offers all bets immediately, regardless from such settings as Confirm Bets.
The next tutorial will be about the market indicators.