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The Best Betfair Tennis trading software

Tennis Betting

We are bound to say that Bet Angel is the best Betfair trading software for Tennis trading, but it’s not an exaggeration! Over many years, we have devoted a lot of development effort to achieve that specific goal.

Bet Angel is packed full of features that are a must-have for any Betfair trader, whether you are an established, or aspiring Tennis trader. Put yourself on centre court with the best features available, whatever Tennis tournament you choose to trade.

If you have never traded Tennis before have a read further down about FREE Betfair trading advice we offer.

Bet Angel’s unique Tennis trading tools

If you have never used Bet Angel before you will be pleased to know we offer a FREE trial – download a copy now to get full access to all these key features.

Most Betfair trading software is just limited to one-click betting and a ladder interface. But Bet Angel contains a massive range of supplemental trading tools. Some are designed just for Tennis, while others can be used across a range of sports.

Each feature is carefully crafted to optimise your trading by making it easier and quicker to either spot opportunities or trade them. Bet Angel will help your Betfair trading strategies by allowing you to spot opportunities faster and act them much quicker and effectively than others. Read up on all the key features in Bet Angel in the detailed user guide.

Here are some of the specific key features that will help if you are trading Tennis on Betfair, click on the link on each to learn more: –

Free Tennis automation files

If you want to have a play with automation or pursue a detailed strategy then we have created a range of Tennis specific automation files for you to use or edit to suit. You can download them from the forum: –

https://www.betangel.com/forum/viewforum.php?f=51

Learn to trade for FREE at the Bet Angel Academy

If you haven’t a clue where to start we have a highly detailed course on Betfair tennis trading available at the Academy. There are around 8 hours of detailed content available for free. Visit the Academy and enrol in a course and you will be trading Tennis in no time.

https://online.betangelacademy.com

Sports trading Tennis markets

For people who are less familiar with Tennis trading on Betfair, here is an overview for you:

Tennis is one of the top in-play liquidity markets on the Betfair exchange. In a horse racing market, about 80% of money arrives pre race and the remainder is matched betting on the race in play. In Tennis it’s the other way around, most of the money is matched in-play. In fact, in most matches, more than 90% of the money is matched this way. The start times of Tennis matches are variable, so that explains some of the reason why the pre-off market is weak. But once a match is underway the market really lights up! The scoring format in Tennis tends to produce big swings in the betting odds which can present some excellent trading opportunities.

The Tennis season starts in Asia and moves across the globe following the major surface types and Grand slams. We start with the Australian Open, then the French Open and the European clay court season, before moving onto the grass courts of Wimbledon. In late summer we shift ‘across the pond’ the US Open at Flushing Meadows. Because of this schedule, you may find the start times for tournament vary dramatically over the year.

Of course, successful Betfair trading is all about knowing where the odds are going, anticipating price movement. Rather than guess, Bet Angel has a number of tools that will help you understand what is likely to happen given different score lines. Watch the videos on the Academy for some really in-depth guidance. Using our Tennis trader tool, you can carefully set up a trading plan before you trade a match. But you can also trade in the practice mode, which will allow you to test any Betfair trading strategy in a live market.

Bet Angel for FREE

Why not put yourself in with a chance of winning an annual subscription. Simply subscribe to our YouTube channel and you will receive new video content as it is uploaded! We will pick a winner at random from channel subscribers each month. If you are already a customer, we will extend your subscription.

To subscribe to our YouTube channel click here: –

http://www.youtube.com/user/betangeltv

The post The Best Betfair Tennis trading software appeared first on Betfair trading blog | Expert advice from Professional Betfair trade.

In Tennis breakpoints are important, find them here!

A key metric when trading Tennis markets is a break of serve, even breakpoints themselves have massive importance and will create a huge amount of price movement in a Tennis match.

There are several very detailed blogs on here which cover in-depth the reasons why these are important moments as well as explain some of the ways you can use them to your advantage and form a strategy around them.

If you are not familiar with how/why Break of serves and Breakpoints, they create some of the best entry/exit moments and trading opportunities in a match. I have listed links to just a few of those which are well worth a read, especially if you are new to Tennis Trading: –

Trading Wimbledon

The Best Betfair Tennis Markets to Trade

Top 5 Betfair Tennis Trading Tips

Creating a Tennis Trading Model

Why we Choke and how we can Profit from it

Displaying Key Stats in Bet Angel

Wouldn’t it be handy if Bet Angel could display key stats in a match like the number of breakpoints each player has had during a set and match? Or perhaps the number of games where each player had the chance to break their opponents serve etc?

Well, all that is possible with Bet Angel. All you need is a rules file applied to the Tennis markets you are interested in. With that, you can extract any market data you want and that data can then be displayed throughout Bet Angel, any from Guardian to your main ladder and one-click trading screens.

Don’t worry if you are completely new to Bet Angel and or any of the information detailed in this post, at the bottom of it I’ll provide some links where you can download all the ready-made rules and even settings files. These just need importing into your Bet Angel and once you select them your Bet Angel screens will be set up exactly as you are about to see (which you can of course edit/tweak to suit your own needs)

What it looks like on Bet Angel

In the next screenshot of Guardian, I’m using an automation rules file named ‘Tennis Info with BP game Count’. The job of this automation file is not to trigger any bets or alerts for me but just to Store the Value of key pieces of data I’ve told it to from each match. You might be thinking “My Guardian screen doesn’t look like that”, and that’s because I’ve created some custom columns especially to display the information passed from that rule file on my Guardian screen.

If you were not aware of Guardian’s Custom Columns or how to find/use them, a detailed blog shows how to add them to your Guardian market list and covers the various things they can be used for.

The rules file I have created will count the number of games each player reaches a Breakpoint and has the opportunity to break their opponents serve, in the current set and previous set, another rules then tally’s the total for each play in the previous set to give a total number of games with a breakpoint during that set.

All this is then displayed to me in the custom columns I’ve created for the market list in my Guardian window

*In addition to those the rules file I created will also trigger alerts if the previous set was close (I define close as finishing with two or less games between each player), and as soon as the rules file is applied to a match will triggers an alert with the text of either ‘Mens’ or ‘Womens’, these two alert are then displayed in the ‘Alert 1’ and ‘Alert 2’ columns I’ve also added

Sorting the Columns

You could then sort the columns by clicking any of the column headers which gives you a clearer view of all the Men’s and Women’s matches, or which matches have contained the most games with a breakpoint in the previous set, or which players are/are not getting the opportunity to break their opponents serve in the previous or current sets.

In the next image we can now clearly see the match involving Nishikori and Giannessi contained 6 games with a break point in the previous set (three for each player), and already in this set Nishikori has had the chance to break his opponent in 3 of their service games so far

Betfair trading strategy choice

So if you are deploying a strategy around breaks of serve or break points then this is definitely a match of interest at the moment, in contrast to that the Dimitrov V Giron match further down after the sort by ‘Total Games with Breakpoints in Previous set’ has had just one game during the last set when Dimitrov had a chance to break his opponent and so far during this set neither have reached a break point.

But maybe you are looking to use a back the server type strategy, in which case the Dimitrov V Giron match is well suited and definitely worth a closer look at as each player is easily holding there serve.

Your Bespoke Data/Stats

Breakpoints and Break of Serves are just the tip of a very large iceberg and endless possibilities for you, there is nothing stopping you from configuring your rules to store whatever market data it is you require, so you might want something a little more ‘bespoke’ which is more relevant to your strategy, for example you may want to see the number of game each player had a extra strong serve and held to love, or games where the server managed to hold to 30 or less (ie, game-love, game-15, game-30), the choice of what you want/need to display is entirely down to you.

Displaying Data on your Trading Screen

Once you’ve opened a match on your ladder or one-click trading screen you can if you wish continue to have this (or any additional/other data) you want displayed to you still, allowing you to continue to see this information without needing to keep referring back to your Guardian screen all the time.

In the image below I’ve double clicked a match in Guardian to open it on my one-click trading screen were I have custom columns already created and loaded ready to display the number of games a player has reached a breakpoint in the current set, the previous set and the total number of games which either player reached a breakpoint in the previous set.

Setting up your version Bet Angel

If you’d like to download the rules file I created to display the alerts and store all the break point data etc, along with the files containing the Guardian Custom Columns and the Guardian Market layout to fully replicate what you’ve seen in this blog post you can get them all from the Bet Angel Forum

For the One-Click Custom Columns and One-Click screen Grid Layout settings file see the following page of the Bet Angel Forum

The post In Tennis breakpoints are important, find them here! appeared first on Betfair trading blog | Expert advice from Professional Betfair trade.

What it’s really like being a Professional Betfair trader

The glamour

The idea of betting on sports for a living sounds really glamorous, doesn’t it?

Watch some footy, stick a few quid on it then nip down the marina for a quick run out on the gin palace. That’s often how professional gambling is often positioned, after all, all you need to do is pick a sport and pick a winner? I mean look at me in my villa soaking up the sun after winning a few quid.

Please note, this is said tongue in cheek and that picture is actually me taking a well earned break from trading! Not wafting out on the deck after a decent trade.

The reality of being a professional Betfair trader is, as normal, a little more complex.

The reality

If you really want to do this seriously, then you need to treat it, unfortunately, like a real job. That means lots of work, preparation and understanding that only if you put in the hours and work will you do a better job than others. In short, you can’t be good at something if you don’t want to graft a bit. Just like real life.

Everybody has differing expectations of what they would consider a success but this is one job you get a clearly defined measurement of success, your long term P&L. If you want to make money you HAVE to be better than others. That’s the long and short of it. The more effort you put in the more you are likely to get out.

One of the things I worked out pretty quickly when I started Betfair trading for a living, was that were going to have to be a sacrifice. It didn’t take long into my career to realise how important key events were and that most of the quality activity in sports took place at these events and over the weekend.

So very early on, I had to commit to ‘giving away’ Saturdays to pursue my dream of doing something really special. So I took that decision quickly, I would work Saturdays and take a day off on another day.

Research

I spend a lot of time collecting data, cleansing and then interpreting it. This takes just as much time as actual trading. Data allows me to understand what has happened in a market. I can then progress to the next stage of why.

The last time I checked I had somewhere around 1.5m data sets on individual sports events. I’ve no doubt that’s higher now. If that sounds a lot, it’s because it is! But to put that into perspective in the last 20 years or so I’ve managed to trade roughly 300,000 markets. So that’s a fair number in comparison.

A lot of data I just collect automatically, whether I trade it or not. It gets carefully filed and while I may use some immediately, most of it is stored for later analysis or to do a deep dive at some point in the future. Data is the bedrock of what I do and just using it to review something that went right, or wrong, can help me make small incremental improvements in what I do.

Research extends way beyond a spreadsheet, however. Data often tells you what has happened, but it may not describe why particularly well. Correlation with causation is where most data mining falls flat on its face. So I often go much deeper.

In a previous life, I had been heavily involved in retail and despite the transition from the storefront to the supplier side of the business, I would still turn up to product promotions at the weekend. I always felt that was an important part of my job and helped you see the reality of what you are ultimately trying to achieve. The best place to understand what is going on is to be right at the business end of what you do.

With that in mind, not only have I collected vast amounts of data on individual sports, I’ve also spent time with a professional in each sport I trade. When I wanted to understand how to race read I sought out jockey’s and commentators. When I wanted to understand golf a bit better, I spoke and played a few rounds with some PGA professionals and I got lucky when my Gym appointed a former ATP tennis coach. All of these things helped me understand the sport a bit better and what I was looking for.

Over the last 20 years, this process of getting a better understanding actually led me into a quid pro quo relationship with some sports and their players and coaches. We both benefit from getting a better understanding of a sport and the numbers that go behind it.

Of course, all this research isn’t particulary necessary for most people. But rather than an objective of just trying to be profitable, one of my key objectives when I set out was to achieve something special. Putting in all this work allows me to achieve that.

My typical day

My day tends to follow a familiar pattern during the week, but weekends are an exception to the rule.

Each morning, the first thing I do is some exercise. I was very sporty when I was young and still take pride in, trying, to keep fit. I’ll do something every day even if it’s a brisk walk. But my favourite activity is mountain biking. I currently live where I do because it’s near all the things I need, but also being semi-rural I’m near loads of great tracks and suitable hills. Within a few minutes of getting on my bike, I’m in a forest or climbing up or bombing down a hill.

Because I often work well into the evening, I tend to start mid to late morning each day. If I didn’t do this I would end up working incredible hours. Despite trying to start late, some days I need to be behind my desk early, so I can have days that stretch from early hours to 10pm. I clock up some huge hours and because of that I hardly watch any TV, apart from the sport of course!

During major sports events and at the weekends, all that schedule changes and while I will still fit in some exercise, everything else goes out the window as I focus on the opportunity at hand.

My week

My week starts on a Monday, as it does for most people. But for me a Monday is a chance to reflect on the prior week and categorise, store and review all the data from the prior week. I typically don’t expect to do much trading on a Monday, it’s a day for reviewing the prior week and updating new projects and generally sorting stuff out.

On a Tuesday I typically have my rest day. I do as little as I can to get through the day, but will trade and I’m actively alert to any useful opportunities. Some major events start or take place on a Tuesday, so I’ll switch schedules to focus on that on those occasions.

As we approach Wednesday my activity starts to pick up and I start trading seriously. It’s a similar approach to Thursday’s and as some sports events get moving on a Wednesday and Golf tournaments tend to start on a Thursday, so it starts to get really busy on the trading front on these two days.

By Friday everything is in full gear and I’m rapidly heading towards the weekend and I should be firing on all cylinders. By now I’ll have a good idea of how the week will pan out and what I need to do on Saturday to have a good week.

When Saturday arrives this is my big day. A good performance on Saturday and I’ll smash the week, if I put in a poor performance I’ll be disappointed. But I throw everything at a Saturday as it’s time when the markets are at their optimal level. This typically translates to trading opportunities as well.

On Sundays, the underlying liquidity of most markets drops off and this is my key rest day. The last house I bought has a large garden and I spend most of my time tending to that and doing anything other than thinking about Betfair trading! Again, on some Sundays I will trade as there are some key events on, but the general rule is to switch everything off. If I didn’t do that, I’d burn out.

Of course, there are exceptions to the rule and if there is a major event on a key day, I will trade it, or dip into the market. But that’s more or less how my week shapes up.

Manual and Automated traded

Trading has become easier for me since Betfair changed the API a few years ago.

For the first part of my career, I was mainly trading manual. Bet Angel was always able to do some level of automation either through the main application or through the Excel link. But back in the early days of trading Betfair heavily restricted the number of calls you could make to their API.

But when an update was applied to the Betfair API a few years back this opened up the opportunity to vastly expand Bet Angel’s capabilities, especially where automation was concerned. Suddenly it was perfectly viable to do many things in many markets partially or fully automatically.

It’s like having a whole bunch of free employees actively trading the markets for me or looking for opportunties. Fully automated trading massively expanded my trading capabilites and lit a rocket under my activity when I started seriously pursuing it. You can see the importance of it reflect in the develop schedule and features we have introduced to Bet Angel.

So my trading can now carrying on without me now. Even if I’m not actively at my trading desk, I’m still trading. Something is running somewhere, almost 24×7.

Summary

Excluding greyhounds, which would massively distort the number, in the week prior to writing this blog post, I traded 823 markets in total. That may sound excessive, but if you have an edge then replicating it as often as possible is how you utilise that edge. So that’s what I do.

As with most things in life, what often looks easy or skilful. Is often the result of a lot of hard work. You are just seeing the tip of the iceberg in terms of results and, generally speaking, none of the work that goes in behind that result.

Like any sport itself, not everybody has the same trading objective. Some people want to have a walkabout and get around a golf course near par while chatting with friends. But others will be dreaming of winning the US Masters and be out there each day trying hard to get better. They are two different paths and require totally different approaches.

When I set out on my journey I figured it could be life-changing, so I’ve spent my career pushing the boundaries of what is possible. But that requires a lot of work. Your objective shouldn’t be to try and reach some of the things that I can do unless you are prepared to put in the same amount of work.

But if you want to achieve something useful then that’s perfectly possible as well. Just realise that your results will be tied to the effort you put into it and that’s also relative to how hard others are prepared to work.

One of the curious things I’ve noticed about betting markets is that actually, most of the market doesn’t want to put in much effort at all.

A quick tip, a simple trading system is enough for people to think they are doing enough. But if you really want to be profitable, just realise that all you need to do is be a bit better then them. From there, you can decide how far you want to go!

The post What it’s really like being a Professional Betfair trader appeared first on Betfair trading blog | Expert advice from Professional Betfair trade.

US Open Golf – My first ever sports trading market

My first sports trading market

Twenty-one years ago on the 18th June, for some reason at 22:24 at night, I opened my Betfair account and the rest they say, is history…

Curiously it wasn’t the first betting exchange account I had opened. Back then you actually had a wide range of choices. So one of the first exchanges I actually used was Flutter. Flutter and Betfair turned out to be the early dominant exchanges until they ‘merged’ a little while later.

One of the first bets, trades, matched betting, arb, or whatever you want to call it was on the US Open Golf. I say the first-ever sports trading market, as I have to qualify that somewhat. That is because, coming from financial markets, my very first port of call on the exchanges, was on a financial market.

I’ve carefully documented my entire journey and I did that right from the very first bet I placed. So that is how I can tell you that the first bet on a sport was the US Open golf. I was arbing between the bookmakers and the exchange. It wasn’t that impressive to be honest!

Like everybody, I started at a low base. My first few bets were just £5. One of the things you learn when you are pursuing an edge is that any edge whatsoever multiplied by thousands of iterations, or markets if you want to simplify the language, will result in big numbers.

Putting your balls on the line!

From that very simple start, I started to build. Build my confidence, but also the money in my account. For the early part of my career, I set up an account and deposited a fixed amount. I can’t be sure exactly what that was, but I imagine it was probably about £1000.

To protect myself against errors I split the bank in two and half was a ‘reserve’ amount. I did this because if I messed up and make a mistake, I could fall back on the reserve amount, dust myself down and start again. I never need that reserve amount.

Part of this discipline came from my efforts on financial markets where I’d learnt, the hard way, how discipline was a key and critical part of trading. You need the freedom to act on an opportunity when it happens, you need the ability to put your balls on the line. But you also need to do it in such a way that your risk doesn’t get out of control.

I started small but slowly increased my stake as my bank grew. That way I never risked my whole bank at any point.

How to achieve something special

Of course my tiny efforts at the very start of my career were never going to make me achieve something special and ultimately that’s what I wanted to do.

I was in a really well-paid job, but I could see this opportunity and wanted to really go for it but a key problem was in front of me. How could I bet at the level where I could actually do this seriously? The key issue with that was that liquidity was low on the exchanges and small stakes were never going to be enough. Also, I was just starting out, I didn’t know where the limit was.

So slowly, but surely, with each market that passed, I incrementally increased my stakes and my knowledge in individual markets. There was no great leap, no waking up one morning and discovering something new. It was just a slow, incremental, progress. Eventually, the numbers got big enough that I felt confident enough to quit my job and do this full time.

What my US Open Golf bet looks like in 2021

Since that first bet on the US Open Golf and over the intervening 20+ years, I’ve gradually improved my knowledge of Golf, individual courses, individual players and how a tournament is played. I also developed an odds model for Golf. When I started out that looked impossible, but as my knowledge grew and I watch more and more markets, I figured out how to do it.

Of course, my confidence has grown. When I place a bet or take a trading position in a Golf market, I’m pretty sure it will all work out overall. Of course, you are not assured of that, but with time comes confidence so you make ‘firmer’ decisions.

Then we get to the staking. Over the years I’ve gradually increased my staking. If you use small stakes, you don’t accidentally influence the market, but too small and you don’t make much. So there is a sweet spot in the market where you can use reasonable stakes, but not too much. That is why you tend to see me focus on the Majors, they have the right mix of tight spreads and good volume.

I took the screen shot of the US Open just before finishing on the second day this year. My fully hedged Betfair trading profit across the field was £800, or 160 times my stake twenty years ago!

But of course, that dramatic rise actually occured, step by step, over the course of twenty years, slowly, methodically and in a way what was deliberate, confidence building and structured.

So when you see trading images like the one I have posted. Realise that if you want to reach the same goal, there are no shortcuts. If you take one, it will probably influence your chances of success. But if you are prepared to work hard enough for long enough, then there is no reason you couldn’t achieve the same!

Ultimately, you need to get a good understanding of what you are doing, the tactics you use, the market, the sport, and then build the confidence to act on your information. There isn’t really a shortcut to confidence, it’s just experience.

To gain that experience, just keep practising and try not to do anything silly to reach your goals. As long as you are doing the right thing, time will always reward you.

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