Hoping someone can help.... Is it possible to have manual staking in the Bookmaking section???
Currently can only stake with the three options 1) 'Back with a stake of' 2) 'back for a target profit of' 3) 'back for a minimum stake of'
Betangel Bookmaking
I sort of see where you are going here, but it can't be done that way.
What CAN be done is adjust the profit target on each individual runner. i.e You fancy the fav to lose, so you set the fav profit target at say £50 and all the other runners at £0. That reduces the stake considerably.
By doing this in a round about way you can manipulate your stake to what you want it to be by taking more or less profit. If that makes sense?
If you want to LAY horses with set stakes use the manual bets tab.
If you need help with adjusting individual profits let me know.
The bookmaking tab is the best feature on Bet Angel, it keeps my Missus in Christian Louboutin shoes anyway.
What CAN be done is adjust the profit target on each individual runner. i.e You fancy the fav to lose, so you set the fav profit target at say £50 and all the other runners at £0. That reduces the stake considerably.
By doing this in a round about way you can manipulate your stake to what you want it to be by taking more or less profit. If that makes sense?
If you want to LAY horses with set stakes use the manual bets tab.
If you need help with adjusting individual profits let me know.
The bookmaking tab is the best feature on Bet Angel, it keeps my Missus in Christian Louboutin shoes anyway.
Hi mugsgame ,
i ask about a little " help with adjusting individual profits" in bookmaking tab .If you lay the field and one or two runners price is getting out of your book how can you close the book with maximum speed ,
you must clear the bets ,
cancel the first unmatched bet ,
type in the new price in manual
and place bets ,yes? Or there is a better way?
We don't have : move the unmatched bet to new price with automatically adjusting the amount to bet to book percent ,yes?
Can you expand more on the bookmaking tabs best features , please?
Best Regards
i ask about a little " help with adjusting individual profits" in bookmaking tab .If you lay the field and one or two runners price is getting out of your book how can you close the book with maximum speed ,
you must clear the bets ,
cancel the first unmatched bet ,
type in the new price in manual
and place bets ,yes? Or there is a better way?
We don't have : move the unmatched bet to new price with automatically adjusting the amount to bet to book percent ,yes?
Can you expand more on the bookmaking tabs best features , please?
Best Regards
I would use the + button at the side of the price on the unmatched bets tab until the bet is matched. What you have then is a negative position that needs to be adjusted. If you don't do this you may have a large loss on this runner should it win. i.e if your bet was say £25 on a runner priced 20 and it suddenly drifted out to 24 before you got it matched your liability would be 4 (24 - 20) x £25 = £100. If you now go into manual bets tab. Look at the the minus position and then subtract that from where you want to be (say +£10) -100 + 10 = £110. Then insert a minus in front of the amount in the MANUAL GREEN UP box next to the relevant runner. So it looks like this -110. Then hit the green button to the right. This will adjust it back. I find this the best way of "balancing the books"r8b8l wrote:f you lay the field and one or two runners price is getting out of your book how can you close the book with maximum speed ,
This sounds complex but it really isn't. If you are struggling get in touch again and I'll make a little video for you showing exactly what I mean.
What you should under no circumstances do is hit the CLOSE BUTTON ON THE UNMATCHED BETS TAB. If the price jumps out you may get matched at 500 instead of the 24 that was on offer.
Hope this all makes sense to you.
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rubysglory
- Posts: 309
- Joined: Thu Nov 04, 2010 7:02 am
Hi guys,
I have never quite understood the function of the Book Making feature.
Silly questions no doubt, but here goes anyway.
Is the user attempting to be a Opinion Bookmaker, using personal opinion or judgement of form to Lay a runner(s), or a Financial Bookmaker, attempting to create a 'book', by true definition of the meaning, whereby one will attempt to Lay All runners for an equalised profit or loss ?
If standing out a selection for a greater or lesser profit is this not the same as a straight Lay or Win Bet ? By example, in a 2 horse race, if I was to Lay horse A for 50 units and horse B for 100 units, why not just Lay horse B for 50 units ? In a nutshell, I suppose what I really ask is how does bookmaking differ from Trading a singular runner and greening / redding up as appropriate - depending on which way the market has moved ?
Thanks
rg
I have never quite understood the function of the Book Making feature.
Silly questions no doubt, but here goes anyway.
Is the user attempting to be a Opinion Bookmaker, using personal opinion or judgement of form to Lay a runner(s), or a Financial Bookmaker, attempting to create a 'book', by true definition of the meaning, whereby one will attempt to Lay All runners for an equalised profit or loss ?
If standing out a selection for a greater or lesser profit is this not the same as a straight Lay or Win Bet ? By example, in a 2 horse race, if I was to Lay horse A for 50 units and horse B for 100 units, why not just Lay horse B for 50 units ? In a nutshell, I suppose what I really ask is how does bookmaking differ from Trading a singular runner and greening / redding up as appropriate - depending on which way the market has moved ?
Thanks
rg