Hi All
I have emailed Bet Angel support a number of times about this. Firstly they say that it can't be done, then after I supplied them with the Betfair call and the VB code required thet tell me that they are aware of this feature however they feel that it is something that traders would not require.
If anyone else wants this feature please email Bet Angel support and reference them to my emails to them. The perosn that I have been corresponding with at BA is Tony at the following email address.
[email protected]
Realistically all they have to do is change 1 line of code that would take no longer than a minute or so. Come on BA support your users and make this available.
Regards
Paul
You can show the Betfair Net Profit figure after commision
It would be nice to think it is as simple as chaging a line of code but it's never quite as simple as that infortunately. If we introduce P&L after commission other elements of the code get broken. We also end up introducing some inconsistancies. For example the trade calculators and net profit postion would become different from the P&L produced by Betfair. This could become a headache for a number of users.
We are happy to consider it for sure, but we would be interested in understanding why people want it introduced as it has to compete with other resources for addition to the product. We are struggling a bit to understand why you would want to see a trading position net of commission before the trade has been complete, could get very confusing.
We are happy to consider it for sure, but we would be interested in understanding why people want it introduced as it has to compete with other resources for addition to the product. We are struggling a bit to understand why you would want to see a trading position net of commission before the trade has been complete, could get very confusing.
I don't see the point in it personally
It's easy enough to take 5% off yourself, and the discount received will be so marginal for most users, it's hardly worth building into the equation anyway
Obviously BA would offer this as an option we could turn off or on, but having your position after commission turned on, creates a distorted view with regards to closing out a trade
It's easy enough to take 5% off yourself, and the discount received will be so marginal for most users, it's hardly worth building into the equation anyway
Obviously BA would offer this as an option we could turn off or on, but having your position after commission turned on, creates a distorted view with regards to closing out a trade
-
MarketTrader
- Posts: 120
- Joined: Wed Mar 18, 2009 12:34 pm
I can't see the point either. As it is at the moment it all works and is easy to manage.
If it's something that just adds processor overhead and will affect the profit calculator/ladder profit readings/dutching profit calculations and so on plus introduces a possible confusion moment then I would say definitely DON'T add it.
Add some other whistle or bell instead. My vote would be for more colour control of the back and lay buttons. I just hate pink...!
If it's something that just adds processor overhead and will affect the profit calculator/ladder profit readings/dutching profit calculations and so on plus introduces a possible confusion moment then I would say definitely DON'T add it.
Add some other whistle or bell instead. My vote would be for more colour control of the back and lay buttons. I just hate pink...!
-
rogerpalmtree
- Posts: 97
- Joined: Fri Apr 17, 2009 3:56 pm
I would also say don't bother if it's going to mean less development in other areas. Occasionally I do think it would be useful but only in passing and then it takes about 10 seconds to estimate my net profit anyway so I don't really see the point.
I would love this feature to be added. I want to see my net profit (the actual amount won) and not the gross profit. A setting could be added that allows you to insert your current betfair commission rate. I always have this showing in the Betfair platform so it looks a bit strange now since I started using Bet Angel Pro.
I used to use another piece of software called BetIE which is no longer developed which is why I switched to BAP - and in BetIE you could enter your commission rate and all the calculations still worked fine and the calculations work fine on the Betfair platform itself so yes I appreciate the extra work involved and testing needed to ensure the calculations are accurate but this feature needs adding to BAP ASAP as I believe just as important as all the other exceptional features that we have access to. At the end of the day if you don't like to see your net profit in real time then just opt to disable it and whilst we that like to see our net profit at all times can enable the feature.
I for one hope this feature is added because for me it is a "must have" feature and does not make sense to leave it out.
I used to use another piece of software called BetIE which is no longer developed which is why I switched to BAP - and in BetIE you could enter your commission rate and all the calculations still worked fine and the calculations work fine on the Betfair platform itself so yes I appreciate the extra work involved and testing needed to ensure the calculations are accurate but this feature needs adding to BAP ASAP as I believe just as important as all the other exceptional features that we have access to. At the end of the day if you don't like to see your net profit in real time then just opt to disable it and whilst we that like to see our net profit at all times can enable the feature.
I for one hope this feature is added because for me it is a "must have" feature and does not make sense to leave it out.
Not sure why you would need it...but if you do, why not just knock up a simple spreadsheet that replicates the BA front screen and type in a simple calculation that shows you net position?? This could sit alongside you main BA window for example??
-
rubysglory
- Posts: 309
- Joined: Thu Nov 04, 2010 7:02 am
I can understand why some users would like to have it - for example arbitrage betting, but personally I would rather resources utlised elsewhere. For me Net Profit figures on a race x race basis would only be of use as part of some overall cumulative P & L summary. A quick mental estimate serves me just fine.
rg
rg
I'll repeat what I said earlier, this is a waste of time
As mentioned by rubysglory and PeterLe, either use your brain, a calculator, or a simple Excel spreadsheet to calculate your position.
What about us who pay Premium Charge? We all pay differing amounts to each other, and bearing in mind they would need to take into account this weeks profits to calculate it, how the hell could they do it? It would be impossible for BA to manage that, and I'd rather they keep on installing excellent features like the new Auto-Binding facility.
I'm afraid it's novices, or poor traders who would like this, people who aren't used to seeing a green book. I think you need to concentrate on more important aspects of your trading, not this
As mentioned by rubysglory and PeterLe, either use your brain, a calculator, or a simple Excel spreadsheet to calculate your position.
What about us who pay Premium Charge? We all pay differing amounts to each other, and bearing in mind they would need to take into account this weeks profits to calculate it, how the hell could they do it? It would be impossible for BA to manage that, and I'd rather they keep on installing excellent features like the new Auto-Binding facility.
I'm afraid it's novices, or poor traders who would like this, people who aren't used to seeing a green book. I think you need to concentrate on more important aspects of your trading, not this
-
oddstrader
- Posts: 344
- Joined: Fri Apr 16, 2010 4:55 pm
It wouldnt be any benefit to me, but if you feel it's important for you the spreadsheet idea from Peter Lee sounds like a good option.
paul wrote:Hi All
I have emailed Bet Angel support a number of times about this. Firstly they say that it can't be done, then after I supplied them with the Betfair call and the VB code required thet tell me that they are aware of this feature however they feel that it is something that traders would not require.
If anyone else wants this feature please email Bet Angel support and reference them to my emails to them. The perosn that I have been corresponding with at BA is Tony at the following email address.
[email protected]
Realistically all they have to do is change 1 line of code that would take no longer than a minute or so. Come on BA support your users and make this available.
Regards
Paul
Wow, glad LeTiss does not work for support with that attitude. Just because you may feel its a waste of time, for you - it does not mean it is a waste of time for other people who would like the feature - please try to be constructive 
>>"either use your brain, a calculator, or a simple Excel spreadsheet to calculate your position."
You may be missing the point here, perhaps. What I'm suggesting is that the Net Profit be calculated and updated in real time and as I mentioned I have used other Betfair software that did it and it had little or no effect on bandwidth and resources. So that is of no real concern really - and if you are concerned then you would just disable the feature anyway. Unfortunately that software is no longer available but in the short time of using BAP I reckon BAP is much better anyway.
It would be nice to see the Net Profit instantly on the fly in real time without having to do any mental calculations or use some other tool.
>>"What about us who pay Premium Charge?"
What about it!? This is about the figures shown within each event for each runner not about some weekly or monthly charge you have to pay - if thats what you mean by Premium Charge.
>>"bearing in mind they would need to take into account this weeks profits to calculate it, how the hell could they do it?"
Erm NO! - again what has that go to do with this feature being requested? Absolutely nothing. What I am suggesting is the prices you see against each runner in an event and not calculating weekly profits.
The feature would be incorporated in such a way as that you input your current betfair commission rate and the software will then show your net profit for the runner - just as it does in the Betfail platform itself if you elect to enable it.
>>"I'm afraid it's novices, or poor traders who would like this, people who aren't used to seeing a green book. I think you need to concentrate on more important aspects of your trading, not this"
I've been sports trading and trading on Forex for 7 years so I don't think I am a novice. I have also made a profit each year, so "poor trader"? I don't think so. And yes I am very familiar with what greening up is and how to achieve it and also how to recognise (see) it when actioned.
It's aggressive and generalised comments like that which take away from the topic at hand and put people off from contributing on these forums. That is your opinion which you are entitled, but is not relevant to the topic and so you should just bite your tongue, so to speak and not type anything if it is just going to be generalised abuse that is not helping with the discussion. It is ok to criticise but please try to keep it non-abusive and constructive.
I personally believe this feature would be a great asset to a great piece of software and as with a lot of the other features - if you don't need it or want to use it then disable it.
Anyway, no hard feelings but I just felt your comments had to be addressed in case you were perhaps mis-understanding what is being requested here. If you are unsure on this Feature Request then please do let me know and I would be more than happy to clarify further. Thanks for reading.
>>"either use your brain, a calculator, or a simple Excel spreadsheet to calculate your position."
You may be missing the point here, perhaps. What I'm suggesting is that the Net Profit be calculated and updated in real time and as I mentioned I have used other Betfair software that did it and it had little or no effect on bandwidth and resources. So that is of no real concern really - and if you are concerned then you would just disable the feature anyway. Unfortunately that software is no longer available but in the short time of using BAP I reckon BAP is much better anyway.
It would be nice to see the Net Profit instantly on the fly in real time without having to do any mental calculations or use some other tool.
>>"What about us who pay Premium Charge?"
What about it!? This is about the figures shown within each event for each runner not about some weekly or monthly charge you have to pay - if thats what you mean by Premium Charge.
>>"bearing in mind they would need to take into account this weeks profits to calculate it, how the hell could they do it?"
Erm NO! - again what has that go to do with this feature being requested? Absolutely nothing. What I am suggesting is the prices you see against each runner in an event and not calculating weekly profits.
The feature would be incorporated in such a way as that you input your current betfair commission rate and the software will then show your net profit for the runner - just as it does in the Betfail platform itself if you elect to enable it.
>>"I'm afraid it's novices, or poor traders who would like this, people who aren't used to seeing a green book. I think you need to concentrate on more important aspects of your trading, not this"
I've been sports trading and trading on Forex for 7 years so I don't think I am a novice. I have also made a profit each year, so "poor trader"? I don't think so. And yes I am very familiar with what greening up is and how to achieve it and also how to recognise (see) it when actioned.
It's aggressive and generalised comments like that which take away from the topic at hand and put people off from contributing on these forums. That is your opinion which you are entitled, but is not relevant to the topic and so you should just bite your tongue, so to speak and not type anything if it is just going to be generalised abuse that is not helping with the discussion. It is ok to criticise but please try to keep it non-abusive and constructive.
I personally believe this feature would be a great asset to a great piece of software and as with a lot of the other features - if you don't need it or want to use it then disable it.
Anyway, no hard feelings but I just felt your comments had to be addressed in case you were perhaps mis-understanding what is being requested here. If you are unsure on this Feature Request then please do let me know and I would be more than happy to clarify further. Thanks for reading.