Hi guys.
Firstly a massive hello, Ive just registered today.
With regards to the dutching section of bet angel, in order to make it green are we looking for a scenario where the book is less than 100% to allow the margin maker to work?
Following the information in this video https://www.youtube.com/watch?v=Y4lwfgfaR0I
Thanks again
John
Dutching and book %
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bennyboy351
- Posts: 332
- Joined: Sat Jun 07, 2014 6:01 pm
First off - welcome!
With regard to the Dutching aspect of BAP, I only use it to back the front half dozen or so 'favourites' in a race which usually gets the percentage down around 80% and more often than not, results in a winner.
My advice to you - not sure if you're new to just Bet Angel or trading in general - would be to have a good look at Peter's many videos and keep your stakes small until you get the hang of things.
Sorry I can't offer more guidance. I'm sure someone with a lot more experience than I have will be able to offer more help.
All the best
George
With regard to the Dutching aspect of BAP, I only use it to back the front half dozen or so 'favourites' in a race which usually gets the percentage down around 80% and more often than not, results in a winner.
My advice to you - not sure if you're new to just Bet Angel or trading in general - would be to have a good look at Peter's many videos and keep your stakes small until you get the hang of things.
Sorry I can't offer more guidance. I'm sure someone with a lot more experience than I have will be able to offer more help.
All the best
George
Thanks for the reply George,
I am at the moment just wetting my feet with the practice account, trying to get a handle on all the various
Techniques bet Angel offers, in his video it shows him backing the field, with the margin maker. Trying over and over it never produces a green book.
However that said I will have a shot at your idea.
John
I am at the moment just wetting my feet with the practice account, trying to get a handle on all the various
Techniques bet Angel offers, in his video it shows him backing the field, with the margin maker. Trying over and over it never produces a green book.
However that said I will have a shot at your idea.
John
You can use the Dutching tool in many different way, the one shown in the video using the market maker involved backing all the selections at the current avaible odds (except for one selection in the video this is the top one - this is the one thats going to be used to make the margin) The dutching tool calculates the the amount req at higher odds and placed the bet several ticks higher and you can see it initially as a unmatched bet, when and if matched you have now created a book of less than 100% so have your profit.
Rarely will you see the odds drop below even 1%-2% below 100% and when they do bots will soon push it back over so if you want to create books like in the video you need to be backing one or more selections above the current price to make your required margin
Rarely will you see the odds drop below even 1%-2% below 100% and when they do bots will soon push it back over so if you want to create books like in the video you need to be backing one or more selections above the current price to make your required margin