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Bet Angel and BFExplorer: Sports Trading Software Video in Betfair
Trading - Trading Video
Friday, 06 March 2009 20:14

Bet Angel and BFExplorer Trading Software

If you are looking for sports trading software in Betfair, here is a side to side comparison of Bet Angel Professional and BFExplorer. I traded 3 horse racing markets using both trading platforms and recorded today's trading video. Both trading programs have charting capabilities, adequate refresh rates, ladder interface and quick response times. Everything a serious sports trader should have in his arsenal.

The Betting Exchange Academy

Although I submitted my orders through Bet Angel Professional, the profit would probably be the same if I had used BFExplorer's trading program. Surely a trading software isn't that essential for Betfair trading. I have already shown in past trading videos how to make money trading with Mozilla Explorer or any other web browser. However, a sports trading software will give you even more edge in your trading or scalping, considering the charting tools and speed of a trading platform. One-click bet submission will put you ahead of the competition and real-time charts will help you point out the resistance and support levels.

In order to fit 2 trading programs in a trading video, I had to encode it in a pretty big size. Click the following link and a new window will pop up starting the trading video.

Trading Video: Bet Angel and BFExplorer


Regarding my actual Betfair trading in today's sports trading video, I followed the money and made use of the support and resistance levels. Especially in the 16:45 race, the resistance level found at 4.80 was proven quite worthy, leading me to trade profitably. Notice though that although I'm eagerly waiting to submit the order as soon as the uptrend reverses, I still don't manage to place my order first. Immediately I move my order one tick below in order to get it matched and profit from the odds movement. I believe that is a remarkable example of a Betfair trader's required speed. Other than that, favorites, which are traded at 1.30 or lower, attract a lot of liquidity with minor odds movement. Patience and caution are the requirements of a sports trader under those circumstances.


 
Comments (1)
1 Monday, 01 June 2009 20:54
Mind Games
Hi Jim,

Great website, I like your articles and find it generally inspiring! I think this is an interesting post as it is unusual to see betfair trading software compared in this way. I have used 3 different software packages since 2005 when I started trading on the horse racing markets. For the past 6 months I've been using Gruss Betting Assistant and I've just posted a couple of entries on my blog about it because I think it's great software that isn't sold particularly well by their website and I think traders would benefit from knowing about it! (no I'm not on commission, they don't have an affiliate thing!). For those that are interested, you can read my blog post starting at http://betfairtradingmindgames.blogspot.com/2009/05/trading-software-and-google-reader.html
Cheers! MG.

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Who is Jimmakos

Jimmakos.comMy name is Jimmakos and I am a professional gambler since 2003. I played at the casinos' blackjack tables for a year and during the following 2.5 years I have been a Betfair trader trading the odds in the UK Horse Racing markets. Nowadays I'm playing online poker. Apart from online gambling, I also write about online poker and trading for the Betfair's Greek Blog and own various websites.

 

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