Bookmaking feature

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zd210291
Posts: 7
Joined: Mon Jan 04, 2016 12:53 pm

Hi all,

Have read mixed reviews on the bookmaking function on BA so wanted to know people's thoughts, can you only profit when the book is at 100%+ ? If so, how often does this occur? Can you use it with automation? What are people's general opinions of it? Apologies if silly questions, still new to all this!
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Dallas
Posts: 23557
Joined: Sun Aug 09, 2015 10:57 pm

The bookmaking tool is a feature within BA which can be used when wanting to lay more than one selection in a market.

If the book is over 100% then by laying every runner you will have a guaranteed profit, but it does nt have to be over 100% to make a profit (and rarely is).

Within the bookmaking tool you can set the stake you want or target profit you want to achieve then tick the selections you want to lay and even set the odds you want and the bookmaking tool will do all the calculations and place the required amounts as lay bets.

Below is a link from BA TV, i have nt been able to find the one on the bookmaking tool but this is the dutching tool which is the same concept but it places back bets rather than lays

https://www.youtube.com/watch?v=2p6-TU0yv5Q

Other than that if you have downloaded a trial of BA then have a play in practice mode it often becomes much more clear when actually doing something.
convoysur-2
Posts: 1110
Joined: Thu Jan 12, 2012 10:00 am

zd210291 wrote:Hi all,

Have read mixed reviews on the bookmaking function on BA so wanted to know people's thoughts, can you only profit when the book is at 100%+ ? If so, how often does this occur? Can you use it with automation? What are people's general opinions of it? Apologies if silly questions, still new to all this!
Hi
You say that you are new to this,
i have been asked alot in the past by people to teach them to trade,and i always start them off on the dutching bookmaking tab,
let me explain,trading is all about reading markets,in my opinion the best place to learn is in the over under 2.5.why ? because its only 2 markets as apposed to lots in the horses,
and when you get it wrong it dont hurt much,so its the easiest way to learn without losing alot of money,and the easiest way to learn how a market moves,let me explain now why bookmaking and dutching are important to this,
if you open up bookmaking and dutching tabs and enter the profitable book ,you will soon learn how to use this to trade the over /under 2,5.because even if a bot or trader can get 1p out of an over round or under round they will take it,by using both tabs as a guide u can tell if a move will happen or not,i made a very good video on this but cant find it now,
you can see from the attached photo for example that bookmaking at 1.96 and 2.04 is green .so some one will take this money from 2.04 so the way the book sits at the moment its very safe to surmise that 2.02 will hold for quite a while and for the price to go up the ladder on overs it must come down on unders .so i would place my bets on overs at 1.95 and 1.97 offset 1 tick with greening.
so we can use these tabs for a lot more than the manual tells us,
Marc
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zd210291
Posts: 7
Joined: Mon Jan 04, 2016 12:53 pm

Marc/Dallas thanks for your help it's much appreciated. Marc- may have to have a look at the over/under 2.5 market, do you use a bot or do this manual? Or a mixture?
convoysur-2
Posts: 1110
Joined: Thu Jan 12, 2012 10:00 am

i trade what i see before the off,i dont do inplay football and dont have bots for it,
u will find using the tabs very usefull when the over/under markets are being manipulated.some trial and error and ull be flying it,just also keep open the match odds because if there is a big move there it will quickly come through to 1.5-2.5
Marc
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