I don't get it :( it has happen once that i've earned money, but most of the time I just lose money. Can't understand why. How do I know when and where to click (back or lay) to earn money?
@ArmadaJcx - Even if you trade at random you should have a very high strike rate if you are not seeing this you may want to pop into our forum to show us what you are doing wrong.
Ok final question and then i,m totally happy, if odds are below 2 lets say 1.95 and I wanted to make £1 tick size, would bet angel have to bet £100 in order to make my £1 profit? this is because at those odds it is 0.01%,
I dont want to be going on for the first time blind, not knowing what my liabilty is and over trading my balance.
Thanks, you have been very helpful and your quick repsonse times are very much appreciated
@bluerosexx1 - Yes that is correct. When you complete a trade at odds of 1.95 they move 0.01 at a time so you would need to put in an order for £100 to make £1. If you lay at 3.95 though, bear in mind you would need a bank of at least £295 as you will be laying for £100 at 3.95. The minimum stake is only £2 so you may want to play around with that for a while as you learn how to use the software.
I am about to purchase bet angel, I do have a question which concerns the video, you have a £5 tick stake but when the order goes in this is for £50, very confusing and a major worry, apart from this issue this looks to be a fantastic product which I am very much looking forwards to using and making good profits.
@bluerosexx1 - Tick size determines the profit you will make when you complete a succesful trade. Not the trade size. If you trade odds of 4.10-4.20 at £10 tick size, then Bet Angel will stake £100. As a 0.10% profit on £100 = £10 profit.
@bluerosexx1 - We have a temporary glitch overnight on the main site, it hasn't been down for two days. You can visit the .co.uk site if you wish which has no problems. The web site doesn't affect the use of the software in any way it is an information source only.
What if you put an order in the market at 5.5 and it gets accepted at 5.7. Do you still get the money? does the fill or kill function protect against price changes?
@justinleeclarke - Fill or kill with an offset will wait till the first order is filled then put the second order in a potentially profitable position. Your focus then changes to making sure that order fills or cutting it for a loss if it doesn't fill.
Ive watched a fair few videos and seen the program running. What I am yet to see is a video with voice over explaining what the person betting is doing and why they are doing it, at any particular moment. At the moment it just looks like a minefield of numbers to me. There must be a great deal of considerations: time when to bet, whether to lay first or back, how many horses to back /lay, what to do with non moving markets, when to spot trends in market and then act etc....
I dont understand how you have a positive P/L when you use the same stakes to back and lay. If you lay at 5.5 and back at 5.6, then you'll only make a profit if the horse wins otherwise the profit is zero. So if your hose loses how can you spread out any profit?
@Knud45 - You green up, when you green up you place another lay bet in the market that spreads some of the profit on your selection across the rest of the field.
Once you have got a good profit on a single horse, I don't understand how bets are placed on the other horses so that you win whatever the result. Could you explain, or is it complicated?
@treemantris - If you use Bet Angel you just press a button and it will do this for you. If you do it manually you have to lay off some of that profit which ends up transferring it to the other runners. If you watch the video 'Trading on Betfair - Manual trading - With narration' you can see how it is done there.
@biggee49 - You can trade any horse on the card but a lot of people trade the favourite as this is where most of the money is. The faster you can get in and out the less risk you take, so this is why people tend to trade the favourite. But there is nothing stopping you from trading any other selection.
Do you always lay on the first horse in the list?
That would be Shes Minnie in the video.
The reason I ask is that I have been playing this afternoon & one of the races at Wolverhampton had the 1st horse with very close Lay and Bet prices, not enough difference for a 1 tick offset.
@biggee49 - You would only lay first if you think the price has a upward bias, even if only slight. You need to lay at a lower price than you back at to make profit. So if you look at the charts and it looked like the price on the horse was coming in, getting smaller. You would back first. So you look for the trend first and then decide whether you want to back or lay first.
@adomaitis001 - Experianced traders use large amounts of capital but we would definately recommend using minimum stakes to start off to see if you enjoy and are succesfull at trading. You can then build out from there.
@adomaitis001 - There is no easier answer to that question. I suggest you visit our user forum and discuss the same topic there. You should get plenty of help and advice on the forum.
You need to set force open to 'reverse'. This swaps the back and lay side. So when you click on the left you offer a lay at the current back price and vice versa.
Hello. Can you recommend a particular resource for a total beginner? I am interested in buying BetAngel Pro and trading very small amounts as a profitable and interesting hobby. Where is the best place to look at form/statistics/history of the entrants? Cheers
You need to use the global settings, offsetting by one tick and use fill or kill, probably set to 10-20 seconds. If you are unsure, please contact support or visit our forum and there are plenty of people there who will be able to confirm the set up for you.
hello, im new to this so i hope you can respond. the problem i have is that when i put an order in the market with a lay bet if the bet is matched then it means that my back bet is still too be matched! my problem is, how do i cancel my order so that i dont lose any money? if that makes sense..lol
You need to cut out the position if it goes against you and try again. Even if you trade at random the majority of your positions will be matched. So not letting a position get to a big loss important. Most people cut their loss as quickly as possible.
Thanks for your respond, i appreciate that here is one thing that could go wrong if i click at the Odds of 5.4 and it get filled in 10 second and bet angel will put the back bet in at 5.5 but odds can go against you and back bet might not get filled in your favor so what will i do in this condition.
If the order is not filled in ten seconds the order is cancelled and nothing happens. No profit, no loss. There is no gaurentee that you will win on each race as you need your judgement to decided if a position does not get completed when to cut that position out. The best way to get used to the concept it is use very small stakes and click away to practice.
First of all thanks for showing this video, I'm really impressed my question is what will happen when i press @ the Odds 5.6 and within 10 second it doesn't get filled it will canceled automatically but do we lose any money if it doesn't get filled ? and is it guarantee that we make profit on every race using this software and how much my betfair account balance should to make this work. thanks
I don't get it :( it has happen once that i've earned money, but most of the time I just lose money. Can't understand why. How do I know when and where to click (back or lay) to earn money?
ArmadaJcx 10 months ago
@ArmadaJcx - Even if you trade at random you should have a very high strike rate if you are not seeing this you may want to pop into our forum to show us what you are doing wrong.
betangeltv 10 months ago
@Dananza1 - You can back or lay first. All you need to do is ensure your lay is at lower odds than the back side.
betangeltv 1 year ago
Hi,
I've downloaded Betangel, and tried out what you're doing in the video. I've earned some money, but to be honest, Im not quite sure why..
What does it mean when an order gets "filled" ?
A lot of times, when Im placing an order, it just cancels and nothing happens. Sometimes it gets matched, and Betangel is placing the bet for me.
It's all a bit confusing to be honest :)
BuzzLightbeer60 1 year ago
Ok final question and then i,m totally happy, if odds are below 2 lets say 1.95 and I wanted to make £1 tick size, would bet angel have to bet £100 in order to make my £1 profit? this is because at those odds it is 0.01%,
I dont want to be going on for the first time blind, not knowing what my liabilty is and over trading my balance.
Thanks, you have been very helpful and your quick repsonse times are very much appreciated
bluerosexx1 1 year ago
@bluerosexx1 - Yes that is correct. When you complete a trade at odds of 1.95 they move 0.01 at a time so you would need to put in an order for £100 to make £1. If you lay at 3.95 though, bear in mind you would need a bank of at least £295 as you will be laying for £100 at 3.95. The minimum stake is only £2 so you may want to play around with that for a while as you learn how to use the software.
betangeltv 1 year ago
I am about to purchase bet angel, I do have a question which concerns the video, you have a £5 tick stake but when the order goes in this is for £50, very confusing and a major worry, apart from this issue this looks to be a fantastic product which I am very much looking forwards to using and making good profits.
Would appreciate any comments, thanks
bluerosexx1 1 year ago
@bluerosexx1 - Tick size determines the profit you will make when you complete a succesful trade. Not the trade size. If you trade odds of 4.10-4.20 at £10 tick size, then Bet Angel will stake £100. As a 0.10% profit on £100 = £10 profit.
betangeltv 1 year ago
what has happened to the bet angel website? I,m very interested in buying this programme but the website has been down for two days now?
bluerosexx1 1 year ago
@bluerosexx1 - We have a temporary glitch overnight on the main site, it hasn't been down for two days. You can visit the .co.uk site if you wish which has no problems. The web site doesn't affect the use of the software in any way it is an information source only.
betangeltv 1 year ago
@betangeltv - Main site is back now. FYI. Just a temporarily glitch, such is the internet.
betangeltv 1 year ago
Does bet angel have a function were I could back one horse, lay another and then be able to green up?
If this was the case I guess it would be like descovering the secrets of alchemy, anyone any ideas?
bluerosexx1 1 year ago
What if you put an order in the market at 5.5 and it gets accepted at 5.7. Do you still get the money? does the fill or kill function protect against price changes?
justinleeclarke 1 year ago
@justinleeclarke - Fill or kill with an offset will wait till the first order is filled then put the second order in a potentially profitable position. Your focus then changes to making sure that order fills or cutting it for a loss if it doesn't fill.
betangeltv 1 year ago
Ive watched a fair few videos and seen the program running. What I am yet to see is a video with voice over explaining what the person betting is doing and why they are doing it, at any particular moment. At the moment it just looks like a minefield of numbers to me. There must be a great deal of considerations: time when to bet, whether to lay first or back, how many horses to back /lay, what to do with non moving markets, when to spot trends in market and then act etc....
Ultimus1 1 year ago
@Ultimus1 - Look for the simply scalping video
betangeltv 1 year ago
I'm using Bet Angel, and when I have backed and layed a horse I want to to green up a profit but nothing happens. What might the problem be?
Knud45 1 year ago
I dont understand how you have a positive P/L when you use the same stakes to back and lay. If you lay at 5.5 and back at 5.6, then you'll only make a profit if the horse wins otherwise the profit is zero. So if your hose loses how can you spread out any profit?
Knud45 1 year ago
@Knud45 - You green up, when you green up you place another lay bet in the market that spreads some of the profit on your selection across the rest of the field.
betangeltv 1 year ago
Once you have got a good profit on a single horse, I don't understand how bets are placed on the other horses so that you win whatever the result. Could you explain, or is it complicated?
treemantris 1 year ago
@treemantris - If you use Bet Angel you just press a button and it will do this for you. If you do it manually you have to lay off some of that profit which ends up transferring it to the other runners. If you watch the video 'Trading on Betfair - Manual trading - With narration' you can see how it is done there.
betangeltv 1 year ago
Many thanks for that.
I am delighted with response time to questions - well done.
Even playing around I've made a few bob.
biggee49 1 year ago
@biggee49 - Well done!
betangeltv 1 year ago
Actually I meant the first horse on the card.
Or could it be any horse.
biggee49 1 year ago
@biggee49 - You can trade any horse on the card but a lot of people trade the favourite as this is where most of the money is. The faster you can get in and out the less risk you take, so this is why people tend to trade the favourite. But there is nothing stopping you from trading any other selection.
betangeltv 1 year ago
Newbie question for you....
Do you always lay on the first horse in the list?
That would be Shes Minnie in the video.
The reason I ask is that I have been playing this afternoon & one of the races at Wolverhampton had the 1st horse with very close Lay and Bet prices, not enough difference for a 1 tick offset.
Thanks
biggee49 1 year ago
@biggee49 - You would only lay first if you think the price has a upward bias, even if only slight. You need to lay at a lower price than you back at to make profit. So if you look at the charts and it looked like the price on the horse was coming in, getting smaller. You would back first. So you look for the trend first and then decide whether you want to back or lay first.
betangeltv 1 year ago
@adomaitis001 - Experianced traders use large amounts of capital but we would definately recommend using minimum stakes to start off to see if you enjoy and are succesfull at trading. You can then build out from there.
betangeltv 1 year ago
@betangeltv Hi, thank you for your response. Can you explain me, how do you know which horses to scalp, what are criterions? Thanks again!
adomaitis001 1 year ago
@adomaitis001 - There is no easier answer to that question. I suggest you visit our user forum and discuss the same topic there. You should get plenty of help and advice on the forum.
betangeltv 1 year ago
Hi, great video! What bank would i need to make these trades? Thanks!
adomaitis001 1 year ago
Hi, great video! What bank would i need to make these trades? Thanks!
adomaitis001 1 year ago
Great video!
But i do not understand why on my betangel program the lay screen(purple) is on the right side and your lays are on the left side..
And sometimes you are talking about placing a lay, but on your screen all the lay values are less than the back values. Can you explain this?
Regards
wdmtm 2 years ago
You need to set force open to 'reverse'. This swaps the back and lay side. So when you click on the left you offer a lay at the current back price and vice versa.
betangeltv 2 years ago
Hello. Can you recommend a particular resource for a total beginner? I am interested in buying BetAngel Pro and trading very small amounts as a profitable and interesting hobby. Where is the best place to look at form/statistics/history of the entrants? Cheers
eightwillwontcannot 2 years ago
If you are in the Uk we hold specialist courses. At worst join our forum and you can discuss items there and get some starter advice.
betangeltv 2 years ago
You need to use the global settings, offsetting by one tick and use fill or kill, probably set to 10-20 seconds. If you are unsure, please contact support or visit our forum and there are plenty of people there who will be able to confirm the set up for you.
betangeltv 2 years ago
Hi, how do you set betangel to put the back bet in for you like you do in this video which gives you the initial £5 profit?
Thanks in advance!
jamiebuckley69 2 years ago
hello, im new to this so i hope you can respond. the problem i have is that when i put an order in the market with a lay bet if the bet is matched then it means that my back bet is still too be matched! my problem is, how do i cancel my order so that i dont lose any money? if that makes sense..lol
yougotstyle 2 years ago
You need to cut out the position if it goes against you and try again. Even if you trade at random the majority of your positions will be matched. So not letting a position get to a big loss important. Most people cut their loss as quickly as possible.
betangeltv 3 years ago
Thanks for your respond, i appreciate that here is one thing that could go wrong if i click at the Odds of 5.4 and it get filled in 10 second and bet angel will put the back bet in at 5.5 but odds can go against you and back bet might not get filled in your favor so what will i do in this condition.
reykyal 3 years ago
If the order is not filled in ten seconds the order is cancelled and nothing happens. No profit, no loss. There is no gaurentee that you will win on each race as you need your judgement to decided if a position does not get completed when to cut that position out. The best way to get used to the concept it is use very small stakes and click away to practice.
betangeltv 3 years ago
First of all thanks for showing this video, I'm really impressed my question is what will happen when i press @ the Odds 5.6 and within 10 second it doesn't get filled it will canceled automatically but do we lose any money if it doesn't get filled ? and is it guarantee that we make profit on every race using this software and how much my betfair account balance should to make this work. thanks
reykyal 3 years ago