A Geeks Toy Complete Manual
A Geeks Toy Complete Manual
A Geeks Toy Complete Manual
Welcome to The Toy, a completely free to use Betfair trading application. It has been designed in
such a way as to make it simple and easy to use but at the same time take advantage of numerous
new innovative and powerful features. Please read all of the sections in “Getting Started” before
using the application.
When the application first opens, it shows the Main Info Bar, this enables you to quickly navigate to
markets by using the Market Navigator window.
Help buttons
Help Files
There is a detailed user manual for the application with each section of the application and the
accompanying menus and options explained. These help files can be viewed by clicking on the help
button of the relevant window, or by selecting “Control Help” in the drop down box above this page.
It is suggested that once familiar with the application, you look at each window’s help file to see all
the features available. If you are going to use the application, please ensure you have a good
understanding of the Betfair sports exchange.
The application default settings are set as such so that those used to the Betfair website and other
trading applications should be able to use it straight out of the box.
Support
Limited support will be provided for the application via the chat forum. This can be accessed by
selecting “User Forum” from the left drop down box above this page.
Disclaimer
This application cannot make you money on Betfair. With skill, patience, the right mindset and an
understanding of the markets, it may be possible for you to make money.
One fact not generally advertised by most in this industry is that at least 5 out of 6 people fail to
make consistent profits on Betfair.
Trading on Betfair is gambling. Instead of gambling on the outcome of the market, you are gambling
on whether the price moves up or down. If you are new to Betfair, start by using small stakes until
you can make money, and never play with any money you cannot afford to lose.
Warranty
This product is provided free of charge, so no warranty is given. Use of the product is therefore
wholly at your own risk. You should not play with any large amounts of money, unless you are both
confident in the use of the application, and the application is stable on your computer.
Layout and Settings
The layout of the application has been designed to make it very easy to use. Throughout it has been
made to replicate the layout used by Betfair.
However, there are many enhancements and options that allow the user to customise the software
to their specific needs and style. To alter the layout options of the various windows you simply right
click over the window header and adjust the options to achieve your desired layout. The application
will remember all of the settings that were in place when the application was shutdown. Therefore,
when started up again you can just carry on from where you left off.
Memory
Whenever the application is shutdown it will remember the position you last had the various
windows open in and when the windows are next opened it will open the windows in exactly the
same position. This therefore removes the need to reposition windows each time the windows or
the application is loaded.
To change the default interface shown when opening a market, right click on the header of the
“Market Navigator” window and select an option from the “Default Market Open” menu.
To configure the number of ladders you require select “Ladder Layout”, “Max Columns” or “Ladder
Layout”, “Max Rows” from the Ladder menu.
Introducing the 3 Column Ladder
One of the many innovative features is the ability to narrow down each individual ladder to just 3
columns, as shown below. This therefore saves valuable screen space, which in turn means more
ladders can be fitted on your screen.
£10 unmatched
Back bet
As can be seen in the image above, rather than having separate unmatched bet columns, the
unmatched bets are displayed in the price column. There is a £10 unmatched Back bet on the first
selection at 5.1 and a £10 unmatched Lay bet at 4.2. For more information about the various Ladder
settings please refer to the Ladder Help Section.
Standard Layouts
The application has one of the most customisable Ladder interfaces in use today. To save time,
some template layouts have been provided. These layouts can be accessed by selecting “Standard
Layouts” from the Ladder menu.
In order to make the transition to the application as easy as possible, 3 of the layouts replicate other
commercially available applications.
Bet Raider
Bet Raider Nickolution
Bet Devil
Multi Market Trading
One of the many innovative features of the application is the ability to display more than one market
at a time. It is possible for example to display both the Win market and Place market for an
individual Horse Race simultaneously, as shown below. There is no limit to the number of markets
that can be loaded at the same time.
Second market
Active market
Both the Win and Place Market for a Horse Racing market being displayed at the same time
The method through which to load the additional markets varies slightly depending on which part of
the application you are using. Therefore, you should refer to the help section for the specific window
for further information about loading additional markets.
The market that is active is the market that the mouse is currently over. The description of the active
market will also be displayed in the header of the Main Info Bar. In the above image it can be seen
that the Main Info Bar is displaying in its header ’14:10 Goodwood – To Be Placed’ therefore
showing the Place market is the active market.
In additions throughout the application there are several common right click options. Rather than
discuss them on each individual help section they have just been discussed here.
Dock – docks the current window in the Main Info Bar. Only shown when the window is
undocked
Floating – undocks the current window from the Main Info Bar. Only shown when the
window is docked
Layout – sets the width of the window
Show In Taskbar – turns on/off the display of the window in your computer taskbar
Help
Built into the header of each window is a quick access help button. By clicking on this button the
help section for that window will be displayed in the Help & Useful Links window in .pdf format,
which will provide a full explanation of the window and all of its features and options.
Help button
Click and drag the bottom right corner to resize the window vertically
If the window contains more information than can be displayed in the maximum height you set the
window to, a scroll bar will be displayed on the right allowing you to move up and down the
information.
Scroll bar to move up and down the information displayed in the window
Select the topmost, leftmost monitor and ensure “Use this device as my primary monitor” is
checked.
Where Have My Stake Buttons Gone?
Rather than just having a few stake buttons like most other applications, this application has an
unlimited number of ‘stake buttons’. These ‘stake buttons’ buttons are found in the Stake Menu
which is used throughout the application and provides a quick way of selecting your preset stakes.
The Stake Menu is accessed by right clicking in the relevant area, for example, the Stake Box in the
Place Bets window. The menu will be displayed and you can then left click or right click the desired
stake. Depending on where the Stake Menu is being used, selecting the stake with a left click or
right click will perform different functions.
Adding a Stake
To add a new stake to the Stake Menu you simply type the new stake into the Stake Box and then
right click to bring up the Stake Menu. At the top of the Stake Menu the new stake will be shown
preceded by a ‘+’ as shown below. If you then left or right click on this, the new stake will be added
to the Stake Menu. Remember the left or right click action will also be performed, for example,
right clicking will immediately submit the bet in the Place Bets window.
Removing a Stake
To remove a stake from the Stake Menu you simply type the stake into the Stake Box and then right
click to bring up the Stake Menu. At the top of the Stake Menu the stake will be shown preceded by
a ‘-’ as shown below. If you then left or right click on this, the stake will be removed from the Stake
Menu. Remember the left or right click action will also be performed, for example, right clicking
will immediately submit the bet in the Place Bets window.
Click to remove 15
from the Stake Menu
The calls that are made have been broken down into 5 different categories:
Bets – the information relating to your bets for a market, both matched and unmatched
Prices – the information relating to the amounts waiting to back and lay. This varies
depending on the setting used on the Ladder for Price Display. If Standard or Hybrid is
selected it refers to the front three back and lay prices. If Complete is selected it refers to all
of the prices, this requires a lot more information to be downloaded each call which is not
suitable for slower internet connections and those on limited download allowances
Complete Prices in Hybrid mode – the amounts waiting to back and lay outside of the front
three prices, i.e. full market depth, when Hybrid Price Display is selected on the Ladder. For
people with slow internet connections and those on limited download allowances it should
not be set low i.e. less than 1000ms
Traded Volume – the information relating to traded volumes
External Bets – How often to poll for bets made external to the application. The default is
10 seconds. This saves on bandwith & weighted calls if you only use this application for
betting.
Account Funds – the information relating to your balance. If a change is made to a bet, i.e. a
bet is submitted, altered or matched the balance will be updated automatically
Call Frequency
How often each of the calls is made can be changed using the drop down boxes and altering the time
in milliseconds from 150ms to 20,000ms. This allows the speed at which calls are made to be
tailored to the kind of market you are trading and your internet connection.
MPC
The MPC {Maximum Parallel Calls} works by limiting the number of calls that are sent to the Betfair
API until a response is received.
Further customisation can be made by altering the MPC setting for each category using the drop
down boxes; these can be set between 1 and 5.
For example, with the MPC set to 1 for Bets with a refresh rate of 250ms, a call will be made to the
Betfair API once every 250ms to retrieve the information relating to your bets. If however, a
response is not received within the 250ms no further calls will be sent until the initial response is
received.
If the MPC was set to 3, a call will be made every 250ms for the Bets information. If however, a
response is not received to the first call within 250ms a second call will be made. If no response is
received to the second call within 250ms a third call will be made. If there was no response to the
third call no further calls would be sent out until a response was received to one of the three calls
upon which a further call would be made.
This helps to ensure much better running of the program and smoother information flow. The
default settings for MPC should be suitable for most application usage. For slow broadband
connections, {< 1MBs} an MPC of 1 is recommended for all calls.
Menu Options
By right clicking on the header of the window the following menu options are displayed:
Restore Default Settings – by clicking this the API Settings Manager will reset to the default
settings
Max Weighted Calls Per Second – limits the number of data requests from Betfair per
second. This can be set between 5 and 20
This means that 11 calls are made each second when Hybrid Price Display is selected on the ladder:
Running the application for a single market using the factory settings above uses a maximum of 11
calls per second. This is well below the 20 calls per second. {NB Account Funds calls do not count
towards your call allowance.}
With the program it is possible to have more than one market loaded at once. However, the
application will not exceed 20 calls per second. This is because the active market (the market
displayed in the header of the Main Info Bar) will take precedence and the calls will be made for that
market first. The remaining calls will be shared between any other markets you have open.
For example, with Max Weighted Calls Per Second set to 19 and using the default settings, there are
8 calls per second left over, the other markets loaded will share these remaining 8 calls.
If the Max Weighted Calls Per Second was set to 11 and the default factory settings were used there
would be no left over calls per second and therefore the other markets loaded would not refresh. It
is therefore important when trading on multiple markets that your settings for one market do not
exceed your Max Weighted Calls Per Second.
Audio Alerts Manager
The Audio Alerts Manager window is where you control the various audio alerts for the software. It
is accessed from the right click options on the header of the Main Info Bar. In total there are seven
alerts
Test button
Turned off
alert
Timer Alerts
The timer alerts can be set relative to the Betfair supplied market start time.
To change the time of an alert you use the drop down menus. As shown in the above image it is
possible to set alerts to go off after the scheduled start time as well as before.
Coupons
The Coupons interface provides an excellent overview of several markets at once and works for all
Betfair standard coupons. It also provides a quick and easy way to move to and place a bet on a
market. {Please note that coupon data is usually 5 seconds old, so you should open the market for up
to date prices.}
The colour of the team / player text indicates the status of the market:
The below image shows the first market is suspended/closed; the second market is in play and the
third market has yet to start.
Country
Flag
Menu Options
By right clicking on the header of the Coupon interface it brings up the various options:
Default Market Open – allows you to set whether upon loading a market if the Grid, Ladder,
both or neither are opened.
Flags – turns on/off the Flag display
Status – turns on/off the Status display
Matched - turns on/off the Matched display
Stakes – turns on/off the amounts available to back/lay
Back Prices – sets the number of Back Prices displayed on the coupon
Lay Prices - sets the number of Lay Prices displayed on the coupon
Auto Refresh – alter how often the Coupon data automatically refreshes
Font Size – sets the font size for the text on the Coupon
Horizontal Spacing – sets the line spacing between markets
By clicking on an area other than the Back or Lay boxes the market will open displaying the
Grid/Ladder depending on the Default Market Open setting.
Graphs
The Graphs window displays the Betfair style price graph of the selection you currently have your
mouse over. As you move from selection to selection with your mouse, the displayed graph changes.
Menu Options
By right clicking on the header of the window the following menu options are displayed:
Auto Refresh – allows you to alter how often the graph refreshes
Inverse Axis – this can also be achieved by double clicking on the graph and displays the
Betfair % of probability chart instead
Grid Interface
The Grid interface has the look and feel of the Betfair webpage but with further enhancements. As
with the Betfair webpage you can place bets using the grid interface.
Grid interface with a horse racing market loaded showing three of the four selections
The information that is displayed will vary slightly depending on the type of market loaded. For
example the stall number will not be displayed when a National Hunt Horse Racing market is loaded.
Number of empty ticks (if greater than 9 a ‘+’ will be displayed) Last traded amount
To hedge the entire market you click on the figure shown to the right of the countdown timer, as
shown above. Once the market has been hedged the text will change from bold to non bold.
When silks are shown the hedged position on the selection is shown in the bottom half of the far
right box, as shown in the image below. By clicking on this figure the selection will be hedged at the
current price.
Hedged
position
When silks are not shown the far left box shows in the top half the bet needing to be placed to
hedge the position on that selection at the current price. It can be seen below a £0.14 Lay needs to
be placed on Respite and a £1.36 Lay needs to be placed on Diapason. The bottom half of the box
shows the hedged position on the selection. By clicking on the box the bet will be placed and the
selection will be hedged.
Hedged
Position Current position
on selection
Grid Interface showing the bets needing to be placed to hedge the selections
Once the selection has been hedged the top half of the far left box will be blank and the hedged
figure for the selection will be shown in the bottom half. The far right box will continue to show the
current position on the selection if it were to win.
If silks are shown in a place market the hedge figure will not be displayed, only the selection profit
will be. You can however hedge the selection by clicking on the silks.
Ladder Selection
When both the grid & ladder are open at the same time, clicking on the grid selection header will
position that runner in the appropriate ladder. { Up to the maximum number of ladders or maximum
number of grid boxes.}
Menu Options
By right clicking on the header of the window the following menu options are displayed. {NB Some
of the menu options are generic settings that will affect both the Grid and the Ladder. These are
shown in Blue. Some are also generic settings that will affect the Coupon interface. These are
shown in Red.}
Advanced Betting
In Grid Staking – Shows stake box(es) in the centre of the grid, to allow different
stakes to be used for different selections.
Separate Grid Lay Staking – Allows you to have a different stake for Back & Lay bets
when using In-Grid staking. For more info, see tools & default staking.
Bet Submission:
Left/Right Click – allows you to set what action is performed on the Left
Click (LC) and Right Click (RC) of your mouse
Betfair/Reverse:
LC Back box = Back bet placed RC Back box = Lay bet placed
LC Lay box = Lay bet placed RC Lay box = Back bet placed
Reverse/Betfair :
LC Back box = Lay bet placed RC Back box = Back bet placed
LC Lay box = Back bet placed RC Lay box = Lay bet placed
Back/Lay :
LC Back box = Back bet placed RC Back box = Lay bet placed
LC Lay box = Back bet placed RC Lay box = Lay bet placed
Lay/Back :
LC Back box = Lay bet placed RC Back box = Back bet placed
LC Lay box = Lay bet placed RC Lay box = Back bet placed
Price Click – allows you to set either Bet Control or One Click bet submission
for when you click in the top half of the odds box.
Bet Control – when a bet is submitted the Place Bets window will be
displayed from which the bet can be altered and submitted
One Click – when a bet is submitted it is done immediately
Available Stake Click – allows you to set either Bet Control or One Click bet
submission for when you click in the bottom half of the odds box
Bet Control – when a bet is submitted the Place Bets window will be
displayed from which the bet can be altered and submitted
One Click – when a bet is submitted it is done immediately
Grid Interface showing Price Click and Available Stake Click areas
Default Bet Persistence – Sets the Default Bet Persistence for new bets. It will
change the Default Bet Persistence for the Grid, Ladder and Place bets window:
Cancel – when an unmatched bet is placed it will be set to cancel when the
market is turned In Play
Keep – when an unmatched bet is placed it will be set to be a Keep bet
when the market is turned In Play
Take SP – when an unmatched bet is placed it will be set to be an SP bet
when the market is turned In Play
On Place Bet Double Click – Sets the behaviour of bet placement double clicking on
the grid & the ladder. Safety feature switched off by default.
Submit Second Bet – A second bet will be submitted.
Do Nothing – No Action will be taken.
Options: {Visual}
Show LTP Flash – allows you to turn on/off the Last Traded Price flash. When it is
turned on the whole box of the last traded price will flash as shown below
Show Price Change Flash – allows you to turn on/off the Price Change Flash. When it
is turned on and the price changes the odds will flash either blue or red. If the price
is coming in, for example from 5.1 to 5.0, the odds will flash blue, if the price is going
out, for example from 5.0 to 5.1, the odds will flash red, as shown below
LTP Flash – the whole box flashes to indicate that the last traded price was 3.5
Price Change Flash – all three prices flash blue to show that all three prices are
coming in
Grid Interface showing LTP Flash and Price Change Flash (price coming in – blue)
Price Change Flash – all six prices flash red to show that all six prices are going
out
Grid Interface showing Price Change Flash (price going out – red)
Number of Prices – Allows you to set the number of Back & Lay prices shown on the
grid. Below is a grid with 5 prices.
Grid interface showing WOM in Multiple Display Format with 2.3 times the money on the Lay side
Grid interface showing WOM in Multiple Percentage Display Format with 57% more money on the Lay side
Grid interface showing WOM in Weighted Percentage Display Format with 85% of the money on the Lay side
Empty Tick Threshold – if the number of empty ticks between the Back price
and Lay price is greater than or equal to the level set, the WOM indicator is
not displayed. This can be set between 1 and 15. In the example below the
first image has the Empty Tick Threshold set to 5 and as there are only 4
missing ticks the WOM indicator is displayed. In the second image the Empty
Tick Threshold is set to 4 and as there are 4 missing ticks the WOM indicator
is not displayed
Grid Interface with Empty Tick Threshold set to 5 and therefore showing the WOM indicator
Grid Interface with Empty Tick Threshold set to 4 and therefore not showing the WOM indicator
As can be seen below with Display Format set to Multiple there is £739 on
the Lay side of Danehillsundance and £776 on the Back side. Therefore only
1.05 times the money on the Lay side than there is on the Back side, as such
the WOM is not shown. However, there is £32 on the Lay side of Tenjack
King and £191 on the Back side. Therefore 5.9 times the money on the Back
side than there is on the Lay side; as such the WOM is shown.
Retain Blank Runners – Grid and ladder remain as before, with removed
selection in place, but with no price data.
Horses – Live Info
The Horses – Live Info window shows going reports, non-runners, jockey changes and the latest
news. By right clicking on the header of the window the following menu options are displayed:
Auto Refresh – allows you to alter how often the data automatically refreshes.
Horses – Quick Results
The Horses – Quick Results window shows the results of the most recent horse races. By right
clicking on the header of the window the following menu options are displayed:
Auto Refresh – allows you to alter how often the results data automatically refreshes
Ladder Interface
The Ladder interface displays the market in a vertical format therefore making it much easier to see
when a selections’ price is moving up or down. It also provide a much easier way of entering and
altering bets such as changing the odds and cancelling bets.
Ladder interface with a horse racing market loaded showing three selections
Although a very simple layout has been used on the Ladder interface there is a lot of information
displayed. The information displayed will vary slightly depending on the type of market loaded. For
example, the Stall Number will not be displayed when a National Hunt Horse Racing market is
loaded. It will also vary depending on the individual right click option settings used.
Last traded
price/amount
Price Bar
On the right of each selection’s Ladder is the Price Bar. This represents the entire odds range for the
selection from 1.01 to 1000. The green colour represents the Back prices and the red colour
represents the Lay prices. If there is a gap between the Back and Lay prices the gap is coloured white
on the bar. The darker shaded greens and reds represent where the money is on the Back and Lay
sides. The Last Traded Price will always flash yellow on the Price Bar irrespective of the Last Traded
Flash Type setting.
1000.0
Back prices
Black band
1.01
The black band shown on the Price Bar represents the odds range currently being displayed on the
selection’s Ladder. If you click within the black band with the left mouse button and keep it held
down you can scroll up and down the Ladder by dragging the black band up and down the Price Bar.
Finally, if you click anywhere on the Price Bar the Ladder will centre at that point in the odds range.
Bet Submission
To submit a bet on the Ladder you click on the amount available to back/lay at the price at which
you wish to back or lay the selection. The side of the ladder you click on will depend upon if Market
Make or Market Take has been selected in the right click options.
The amount you submit can quickly be changed by entering a different amount in the Stake box.
There is no need to click in the Stake box to change the stake as it is automatically selected for which
ever Ladder your mouse is currently over. This will be shown by the figure in the Stake box being
highlighted blue as can be seen in the image below:
However, if you wish to select your stake using the Stake Menu you right click in the Stake box and
the stake menu will be displayed from which you can select one of your preset stakes. For more
information on the Stake Menu please see the help section “Where Have My Stake Buttons Gone?”.
When selecting a stake from the Stake Menu in the Ladder interface, a left click will change the
current Ladder to the selected stake and a right click will change all Ladders to the selected stake.
When using the Stake Menu on the Ladder interface an additional option is available, Bank %, which
allows you to use a preset percentage of your bank as your stake. For example, if you have a £200
bank and select 15% Bank % your stake will be £30.
Stake menu
An alternative way to place a bet is to right click over the Back bet box or Lay bet box at the price at
which you wish to back or lay the selection. This will bring up the Stake menu and you can then left
or right click on the stake you wish to place. The Stake Menu will vary depending upon the Staking
Type selected for the Ladder.
Stake type
Stake menu
Ladder interface showing the right click stake menu with Liability Staking selected
If Stake is selected in the Staking Type the menu will show the stake that is to be placed.
If Liability is selected the menu will show the liability the person taking your back bet accepts if you
place a back bet and the liability you accept if you place a lay bet. In brackets it will show the stake
you are placing if placing a back bet and the stake you are accepting if placing a lay bet.
If Tick Profit is selected the menu will show the profit per tick and then in brackets the stake that is
to be placed.
If Book Profit is selected the menu will show the Book Profit per tick and then in brackets the stake
that is to be placed.
Staking Types
To alter the Stake type you click on the Stake type box and the stake type menu will then be
displayed. Select the stake type you require and the stake type box will update showing that the new
stake type has been selected. Left clicking the stake type in the menu will change it for that
particular ladder; right clicking will set it on all ladders. For a full explanation of the different Stake
Types please see the Staking & Tools help section.
In staking type mode, each staking type has its on set of stake buttons, each customisable with its own set of
values.
In “Custom” mode, there is one set of stake buttons for all staking types, however these buttons can be set to
any staking type you choose.
To change the stake button for the current ladder only, type the amount you require in the stake box & set the
staking type to the type you require. Next Right Click on the button & Left Click the top item from the menu.
To set globally & change the stake button for all ladders, type the amount you require in the stake box & set
the staking type to the type you require. Next Right Click on the button & Rght Click the top item from the
menu.
Changing the Odds of an Unmatched Bet
To change the position of a bet on the Ladder you click the bet and hold your finger down on the
mouse button. You then drag the bet up or down to the desired price; the pointer will change from a
hand to a crosshair when this is done. Once the crosshair is at the new price you release the mouse
button and the bet will be resubmitted at the new price.
If you change your mind about altering the price at which the bet is at, before you release the mouse
button you can drag the crosshair off the side of the column and the crosshair will change to a No
Entry sign. If you then release the mouse button the bet will remain unaltered at the price it
currently is at.
Once you have selected the bet, if you release the mouse button when the hand pointer is over the
price the bet is currently at it will cancel the bet.
An alternative way to cancel bets is to right click over the Bet display column and click on:
Left clicking on these menu items cancels the bets for that selection. Right clicking the menu item
will cancel all bets for the market.
IP Cancel
IP Keep
IP SP
Left clicking on these menu items sets the bet persistence of those bet(s) that you clicked on when
you opened the menu. Right clicking will change those bets and all others of the same bet type for
that selection. { EG If you clicked on a Bet @ 2.4 and it is a lay bet, right clicking will set the bet
persistence for all lay bets on that selection.
A second set of menu options can be found by right clicking on the bet column. These are…
All IP Cancel
All IP Keep
All IP SP
Left clicking on these menu items sets the bet persistence of all bets on that selection. Right clicking
the menu item will set the bet persistence of all bets in the market.
Current position
For Place markets the Selection Profit will show the If Win/If Lose figures.
Hedging
To hedge your position on a selection you can click on the Hedged Profit figure in the Ladder header
and it will hedge your position at the current prices available. Once the position has been hedged
the text will change from bold to non-bold.
An alternative way to hedge your position on a selection is to click at the price you wish to hedge, on
the Profit/Loss column if the Profit/Loss is set to Hedged Profit. Likewise to take the Selection Profit
you would click at the price you wish to take on the Profit/Loss column if the Profit/Loss is set to
Selection Profit.
The first option is the Hedged Position. In the picture below it can be seen that exiting at 2.22 will
give a hedged loss of-0.36 as the background is red. The background will be green when a profit is to
be taken.
The second option which has a grey background shows the Net position. In the example below a £10
Back bet has been matched and a £5 Lay bet has been matched, so there is a £5 Net position.
The third option, which has a light blue background, shows the Net position taking into
consideration any unmatched bets on the current side of the selection. This will only show if a net
position exists and there are unmatched bets. In the example below a £10 Back bet has been
matched and a £5 Lay bet has been matched, there is also a £3 unmatched Lay bet (not visible in the
image), so the Net position taking account of unmatched bets is £2.
By left clicking any of the three options the associated bets will be placed, by right clicking any of the
three options all unmatched bets will be cancelled on the selection first and then the associated bets
will be placed.
Hedged position
Net position
Selection menu
Menu Options
The Ladder can be customised to suit the individuals’ taste in lots of different ways by altering the
many settings held within the right click options. By right clicking on the header of the Ladder
interface it brings up the various options. {NB Some of the menu options are generic settings that
will affect both the Grid and the Ladder. These are shown in Blue.}
Advanced Betting
One Click Bet Move – When switched on, this allows you to move bets with a single
click rather than dragging & dropping. It should be noted that even if switched on,
this feature will only work if either…
1. There is only a single bet in the bet column for that selection.
2. All unmatched bets on that selection are at the same price.
Bet Drag Drop Behaviour – Determines the behaviour when dragging & dropping a
bet on the ladder.
The Toy – When dragging & dropping a ladder bet to change its price,
however should you drag it back to its original price & release it will not
cancel.
BetDevil – As above, but bet will not cancel if cursor remains on original
price.
On Hedge Bet Drag Drop – Determines the behaviour when changing the price of a
hedge bet using drag & drop on the ladder.
Change The Price – Just changes the price. The amount remains the same.
Cancel Bets, Then Hedge – Cancels the bet(s) at the current price & re-
hedges @ the new price.
Cancel all bets at price using.. – Sets how you cancel more than one bet at the same
price
Single Click – a single click will cancel all bets at the same price
Double Click – to cancel all bets at the same price you have to double click
on them. This allows you to cancel individual bets at the same price using a
single click. When cancelling bets individually the most recently placed bet
cancels first
Bet Submission – sets how bets are placed when clicking on the Ladder
Market Make:
Market Take:
Default Bet Persistence – sets the Default Bet Persistence for new bets. It will
change the Default Bet Persistence for the Grid, Ladder and the Place bets window:
Cancel – when an unmatched bet is placed it will be set to cancel when the
market is turned in play
Keep – when an unmatched bet is placed it will be set to be a Keep bet
when the market is turned in play
Take SP – when an unmatched bet is placed it will be set to be an SP bet
when the market is turned in play
On Place Bet Double Click – Sets the behaviour of bet placement double clicking on
the grid & the ladder. Safety feature switched off by default.
Submit Second Bet – A second bet will be submitted.
Do Nothing – No Action will be taken.
On Zero Net Stake – When you have "NET" showing in the Ladder stake box, should
your NET position become zero…
Do Nothing – NET Remains in the stake box.
Set To Last Stake – The stake box automatically switches back to the stake used
prior to you selecting NET.
Stake Button Type – Sets the type of stake buttons to use.
Staking Type
Custom
Options {Visual}:
Centre Ladders @ In-Play – If on, ladders will Auto Centre when a market is
turned in play
Round Bets – When switched on, bets in the ladder columns are rounded to the
nearest major currency unit. EG £1.72 is shown as £2
Scroll Buttons – turns the Scroll Buttons on/off
Keyboard Shortcuts – Switches on/off the keyboard shortcuts for the ladder
interface
o <Space> – Sorts the market
o <Return> – Centres all ladders
o N – Selects NET Stake for the current ladder
o R – Restores the last stake to the current ladder prior to NET Stake
selection.
o H – Hedges the current ladder
o <Shift> + H – Hedges the entire market
o X – Cancels all bets for the current ladder
o <Shift >+ X – Cancels all bets on the market
o S, L T, B – Sets the staking mode for the current ladder {Stake, Liability,
Tick Profit, Book Profit}
o <Shift> + S, L T, B – Sets the staking mode for all ladders
Selection Profit/Loss
Hedged Profit/Loss
Last Traded Amount – sets how the last traded amount (LTA) is displayed
Off – turns off the display of the LTA
Stake Column – displays the LTA in the stake column
LTA displayed in
stake column
Price Column – displays the Last Traded Amount in the price column
Price Header – displays the Last Traded Amount in the price header
LTP Flash Type – sets the Last Traded Price Flash display
Off – turns off the LTP Flash
Yellow – regardless if the LTP is lower, higher or the same as the
previous LTP it will flash yellow
Traffic Light:
Red – the LTP is lower than the previous LTP
Yellow – the LTP is the same as the previous LTP
Green – the LTP is higher than the previous LTP
LTP Flash Persistence (ms) – sets how long the Last Traded Price Flash persists.
It can be set between 300ms to 1500ms
Mouse Wheel Scroll – sets how many price boxes the ladder moves for each
mouse wheel click. It can be set between 0 and 10
Default Sort – sets the sort that is used by default when a market is loaded.
Weight of Money – (WOM) displays which side of the market has more money,
the Back side or the Lay side. It is calculated using the amounts available to
Back/Lay over the first three Back/Lay prices
Display Format – sets the way the WOM is shown:
Empty Tick Threshold – if the number of empty ticks between the back
price and lay price is greater than or equal to the level set, the WOM
indicator is not displayed. This can be set between 1 and 15. In the
example below the first image has the Empty Tick Threshold set to 4 and
as there are only 3 missing ticks the WOM indicator is displayed. In the
second image the Empty Tick Threshold is set to 3 and as there are 3
missing ticks the WOM indicator is not displayed
Ladder Interface with Empty Tick Threshold set to 4 and therefore showing the WOM indicator
Ladder Interface with Empty Tick Threshold set to 3 and therefore not showing the WOM indicator
Weight Threshold – allows you to set between 1 and 4 the Weight
Threshold. If the Weight Threshold is set to 2 it will only show the WOM
indicator on selections that have twice the amount of money on the
Back/Lay side compared to the other side.
As can be seen below with Display Format set to Multiple there is £644
on the Lay side of Jafaru and £2,700 on the Back side. Therefore 4.2
times the money on the Back side than there is on the Lay side, as such
the WOM is shown. However, there is £873 on the Lay side of Sagunt
and £772 on the Back side. Therefore 1.1 times the money on the Lay
side than there is on the Back side; as such the WOM is not shown.
Graph Options
Bar Tips – Turns green & red chart bar tips on & off.
Chart Direction – sets the chart direction either Left To Right or Right To Left
Chart Width – sets the width of the chart. This can be between 0 and 200 pixels
Bar Width – The Width of each bar in pixels.
Bar Spacing – The spacing between the start of one bar and another.
Bar Colour. – The Colour of the Bars
Standard Layouts – To aid in personalisation to your needs, the
application comes with a number of preset layouts, some of which replicate the ladder
layouts of other commercially available trading applications
The Toy
In Play
Financial
Bet Raider
Bet Raider Nickolution
Bet Devil
Bet Devil Reverse
The Geek
Header Layout :
Lines – sets the number of lines displayed in the header, either 2 or 3
2 Lines 3 Lines
Ladder interface showing the Header with 2 lines and 3 lines
Font Size – sets the font size for the text in the header
NET Stake – Switches on/off the NET stake display in the header. This shows you
your NET position if applicable and the colour shows whether you need to back
(blue) or lay (pink) to close that position.
Last price you had a Back bet matched at Last price you had a Lay bet matched at
£10 unmatched
Back bet
£10 unmatched
Lay bet
Single Column – displays unmatched Back bets and unmatched Lay bets
in the same column. The last price you had a bet matched at and if it
was a Back or Lay is also shown. If the background colour is blue it was a
Back bet, if it is pink it was a Lay bet
Last price you had a bet matched at and if it was a Back or Lay bet
£10 unmatched
Back bet
£10 unmatched
Lay bet
In Price Column – displays unmatched Back bets and unmatched Lay
bets in the Price Column
£10 unmatched
Back bet
£10 unmatched
Lay bet
Profit/Loss if taken at
current price
In Price Bet Display, when the mouse is not over the Ladder (Left image) the prices are displayed rather
than the Profit/Loss. When the mouse is over the Ladder the Profit/Loss is displayed (Right image)
Stake Buttons – Determines where stake buttons are shown in the Ladder.
Off
Top
Bottom
Stake Button Font Size - Sets the font size for the stake buttons.
Column right
click options
The image above shows the ladder position for the following ladders…
To move a selection to a specified ladder, simply click on it and select the appropriate ladder from
the menu…
The information shown in the Main Info Bar changes when a market is loaded.
Market name
Event country
Clicking on your Wallet or Balance opens up the help & useful links window & shows you Betfair
account page.
There are a number of windows that can be displayed in the Main Info Bar. Each window will only
appear when relevant. These windows may be rolled up, expanded, hidden or undocked from the
Main Info Bar window and positioned as required on your desktop.
Minimize Button
If “Show in Taskbar” is selected from the right click menu, clicking on the minimize button or the
taskbar icon will minimize all of the application windows. When minimized, clicking on the task bar
icon will restore all application windows.
Menu Options
By right clicking on the header of the window the following menu options are displayed:
Main Info Bar with right click options when no market is loaded
Close Market – closes the currently selected market (only shown when a market is open)
Close All Markets – closes all markets (only shown when 2 or more markets are open)
Switch Market to.. – Allows you to switch to another currently open market (only shown
when 2 or more markets are open)
Show Grid – only shown when a market is open and the Grid is not open
Show Ladder – only shown when a market is open and the Ladder is not open
Show/Hide – allows you to toggle on/off the various windows within the Main Info Bar
Event Specific Menu – allows you to jump to a submarket for an event, for example soccer
matches. If you left click on the market it will close the current active market and open the
new market. If you right click on the market it will keep the existing markets open and load
the new market
Submarkets
Right click options for the Main Info Bar showing Event Specific Menu
Next Races – allows you to jump to an upcoming Horse/Greyhound race. If you left click on
the market it will close the current active market and open the new market. If you right click
on the market it will keep the existing markets open and load the new market
Display Order – (only shown when a market is open) allows you to alter the order of display
of the various windows within the Main Info Bar
Audio Alerts Manager – loads the Audio Alerts Manager
API Settings Manager – loads the API Settings Manager
Load Custom Profile – Loads up a pre saved settings profile.
Save Current Profile As…– Saves all your current settings for later retrieval. Includes all
window locations & sizes. You can either overwrite an existing profile, or create a new one
by selecting New Profile, then clicking in the Profile 1 Text Box, changing the name and
hitting the Enter key.
Confirm Bets – when the icon is greyed out Confirm Bets is turned off. When Confirms Bets
is on and a bet is submitted the Confirm Bets window is displayed. While this window is
displayed it is not possible to do anything else within the application until the bet is either
cancelled or confirmed
In order to cancel the placement of the bet you click on the Cancel Button. To confirm the
placement of the bet you click within the white rectangle that contains the bet description.
{Please note. There is a safety feature built into the application. Should you make any one
click bet placement within half a second of using a menu, the confirm bets window will
appear even if confirm bets is turned off.}
Account Balance – when the icon is greyed out your account balances are not displayed
Profit, Loss & Hedge Display - Sets whether NET or Hedged profit values display with or
without commission deducted throughout the application.
Market Close Warning - You can set the application to warn you when closing a market if
you have either unmatched bets, an open position, neither, or both.
Profit/Liability – displays bets across the whole application in terms of profit/liability
Countdown clock
Number of API calls made in the Response time of last API call in
last second milliseconds
Market & API Status showing last API call response time.
API Info
The number of API calls made in the last second will constantly be changing as new calls are made.
In order to avoid Betfair Data Charges your total number of calls made per second must be 20 or
below. This includes calls being made via the Betfair website or any other application. For more
information about controlling the number of API calls being made by The Toy you should refer to the
API Settings Manager section in Control Help.
In order to be alerted to the API running slow or some other connection issue causing calls to take
longer to return than they should, the application warns of any call taking longer to respond than
the API Error Threshold. {NB This value can be set by a menu option.} If the API Error Threshold is
set to 1,000ms any API call taking longer than 1,000ms will be highlighted red as shown in the image
below.
Number of API calls over the API Time in milliseconds the outstanding
Error Threshold API call(s) has taken
The first part of the number shows the total number of API calls that are over the API Error
Threshold. In the image above there is one call over the API Error Threshold. The second part of the
number displays how long the call has taken, in the image above the outstanding call has been
waiting over 5 seconds and still hasn’t returned.
{NB Due to the way The Toy sends out API calls, even though a single call is delayed, it does not
necessarily mean you will notice any problems in the running of the application. This is because the
application sends parallel calls to the API for the same information. For more information see section
MPC in the API Settings Manager control help.}
Generally speaking, if the number of overdue calls is 3 or more, you are experiencing connection or
API issues.
Market Clock
Depending on the market status the appearance of the clock area will change:
Before the market’s scheduled start time – grey background with blue numbers counting
down
After the market’s scheduled start time but before the event starts – grey background with
red numbers counting backwards
Suspended market
In play market when the actual time the market was turned in play is known – green
background, black numbers, counting up
In play market when the actual time the market was turned in play is unknown – an
estimation is made based upon the scheduled start time, green background, black numbers
with stars either side, counting up
Closed market
Menu Options
By right clicking on the header of the window the following menu options are displayed:
API Refresh – turns refreshing on/off across the whole application, it can also be achieved by
double clicking in the Countdown clock area
Show Book – turns the overround display on/off
Show API Info – turns on/off the API Info
API Error Threshold – sets in milliseconds between 500 and 2,000 the threshold for
displaying overdue API calls
Market Information
The Market Information window shows all the information for the current market loaded as it is
displayed on the Betfair website. For UK and Irish horse racing markets it will also show which TV
channel the race will be shown on i.e. At The Races or Racing UK. By right clicking on the header it
brings up the various options for the window.
Ad Blocker – toggles on/off the information showing which TV channel the race will be on,
the Timeform Radio ad and the Form/Results ad etc.
Market Navigator
The Market Navigator window allows you to quickly move from one Betfair market to another. In
order to switch between event types, for example from Horse Racing to Soccer, you can use the
Quick pick drop down menu that displays 5 of the most popular event types. If you wish to select an
event type that is not shown in the Quick pick menu you either select it from the event type tree or
if this option is turned off you select it from the Event type drop down menu.
By right clicking on the header of the Market Navigator window it brings up the various options for
this window:
Search Betfair – Opens up the Betfair sports page in the help & useful links window in
“Search” mode. Clicking on any link that would usually open a market in the Betfair browser
will open that market up in the application instead.
Default Market Open – allows you to set whether upon loading a market if the Grid, Ladder,
both or none open
On Market Open – allows you to set what the Market Navigator does when a market is
opened:
Do Nothing – it will remain as it was prior to opening the market
Roll Up – it will roll up, to expand the window you click on the expand button in the
header
Hide – it will close
On Market Close – allows you to set what the Market Navigator does when a market is
closed:
Do Nothing – it will remain how it was prior to the market being closed
Show – it will expand
Next Races Menu Shows
All Races – Shows all races from the Horses / Dogs navigator in the next races menu.
Future Races Only - Shows only future races from the Horses / Dogs navigator in the
next races menu.
Event Types In Tree – turns the tree display for event types on/off. It is only shown when ‘All
Markets’ is selected in the Quick pick drop down menu.
Show Tree Lines – When switched on it shows the tree lines & the +/- boxes. When
switched off, the lines and +/- boxes disappear & the node expansion / collapse is single
click.
As can be seen below when Event Types In Tree is turned off, rather than having the different event
types displayed in a tree as in the above image, an event type drop down menu is displayed.
Market Navigator window floating, with Event Types In Tree turned off
Once an event type has been selected all the market headers for that event type will be displayed.
To reveal the submarkets you click on the ‘+’ icon, this will then display the next level of market
headers, then to get to the next level of markets you click on the ‘+’ icon, as shown below.
In order to collapse the menus you click on the ‘-‘ icon and it will collapse the menu.
As an alternative to using the ‘+’ and ‘-‘ icons you can right click on the market header you wish to
either expand or collapse and click on:
Expand Events – this will expand the events, but not show the markets
Expand All – this will expand all levels of the sub tree
Collapse All – this will collapse all levels of the sub tree
Market Navigator window floating, showing the right click Expand/Collapse options
When you wish to open a market you left click on the market you wish to load and the market will
load displayed according to the Default Market Open setting. Alternatively you can right click over
the market you wish to open and then click on the Grid, Ladder or Both option and this will override
the Default Market Open setting.
Opening a market by right clicking on the market thus allowing the Default Market Open to be overridden
If you wish to have more than one market open at a time you simply open the first market as
described above and then you navigate to the second market you wish to open and open it either by
left clicking on it or right clicking on it as described above. The first market will remain open and you
will now have two markets open. This process can be repeated allowing you to open as many
markets as you wish.
The active market will be displayed in the header of the Main Info Bar, as you move your mouse
from one market to the other the active market will change, as will be displayed in the header of the
Main Info Bar.
When you have All Markets selected in the Quick pick drop down menu it is possible to manually
refresh the menus. In order to refresh the menu you expand it and then right click on the menu you
wish to refresh and click Refresh From Betfair as shown below.
Manually refresh a menu by right clicking on the menu and clicking Refresh From Betfair
The quick pick drop down menu allows additional customisation of the Market Navigator window. If
Horses is selected, two further drop down menus are displayed.
Market Navigator window floating, with Horses selected in the Quick pick drop down menu, with right click
options
The Day drop down menu allows you to select which days’ markets you want displayed and the
Meeting drop down menu allows you to select a specific meeting to be displayed or have all of the
meetings displayed.
If Dogs is selected in the Quick pick drop down menu only the Meetings drop down menu is
displayed.
Market Navigator window floating, with Dogs selected in the Quick pick drop down menu
When either Horses or Dogs is selected in the Quick pick drop down menu additional right click
options are available for the Market Navigator window that allows further customisation.
Hide Races After.. – Allows you to set how long after the scheduled off time a market is
hidden. For example, if set to 20 minutes, a race due off at 14.00 will be hidden once the
time reaches 14.20
Collapse All Meetings – collapses the menu tree for all meetings
Expand All Meetings – expands the menu tree for all meetings
Quick Filter –allows you to quickly filter the type of markets that are shown. For example
you may only want to show the GB Winner markets. Depending on the available markets for
the sport the menu will have more/less options as shown below
When Cricket Matches, Soccer Matches or Tennis Matches is selected in the Quick pick drop down
menu the Day drop down menu is displayed and the Market type drop down menu is displayed.
Market Navigator window floating, with Tennis Matches selected in the Quick pick drop down menu
The Market type drop down menu allows you to select the type of matches displayed:
All – displays matches that are not going in play, that are going in play and matches that
currently are in play
In Play – displays matches that are going in play and matches that currently are in play
On Now – only displays matches that are currently in play
Matched Bets
The Matched Bets window is only shown when there are matched bets on the market that is
currently loaded. When rolled up in the Main Info Bar the header displays the current display setting
and the number of bets matched. This varies depending on what display setting you have selected as
shown below. The display formats are similar to the matched bet display on the Betfair website.
In the example the top image is showing as 8 matched bets when Standard is selected, however,
when Consolidated is selected it shows as just 6 matched bets.
Selection
Headers
Bet Info
Selection Separator
Bet Separator
However, with Show Matches turned on, it displays the breakdown of how the individual bets were
matched. The first £10 lay at 3.75 was matched all in one go. The second £10 lay at 3.75 was
matched in three parts, the first being £3, the second £0.50 and the third £6.50. Note the Bet
Reference Number is the same for all three parts.
Bet Reference
Number is the same
for all three parts
When a bet is matched at SP it will display the same as all other matched bets apart from a green SP
button will be displayed to distinguish it as an SP bet. This is shown in the image below:
Green SP button
Bet Info – turns the Bet Info for all matched bets on/off
Formatting :
Single Panel – turns the matched bets window into a single panel rather than
separate Back and Lay sections
Headers – turns the headers on/off
Bet Separators – turns the separators between the matched bets on/off
Group Selections Without Separators – groups matched bets by selection but
without selection separators (order dependent upon the sort used on the
Ladder/Grid)
Group Selections With Separators –groups matched bets by selection with selection
separators (order dependent upon the sort used on the Ladder/Grid)
Average Odds – displays all back matched bets together and all lay matched bets together
by selection (order dependent upon the sort used on the Ladder/Grid)
Consolidated – displays all back matched bets at the same odds together (ascending) and all
lay matched bets at the same odds together (ascending), by selection (order dependent
upon the sort used on the Ladder/Grid)
Matched Date – displays matched bets in the order in which they were matched
(descending), in Single Panel format by default
Standard – displays the matched bets according to the sort used on the Ladder/Grid, then by
price (ascending) and then by the order in which they were matched (ascending)
Show Matches – turns the breakdown of how an individual bet has been matched on/off
Non Runners
The Non Runners window is only shown when there are Non Runners in the loaded market. When
the window is rolled up the header displays the number of Non Runners.
When expanded the window displays the name of each withdrawn selection, the Reduction Factor
for that selection and the time it was withdrawn. By right clicking on the header it brings up the
various options for this window.
Non Runners window undocked with horizontal and vertical grid lines displayed
Place Bets
The Place Bets window is only displayed when a bet is placed via the Grid interface using either Price
Click - Bet Control or Available Stake Click - Bet Control. It allows you to make changes to the bet
such as odds and stake before the bet is submitted.
When rolled up in the Main Info Bar the header displays the number of bets that are waiting to be
submitted.
When expanded the window displays all of the bets that are waiting to be submitted.
Selection
Headers
Cancel button
Selection Separator
Use the up and down arrows to the side of the odds box
Right click over the odds box. This will bring up the odds menu, which displays the current
odds plus the 10 prices either side of the current odds as well as 1.01 and 1000. If you then
left click on a new price it will change the odds to the new price. Alternatively you can right
click on a new price and it will immediately submit the bet, thus removing the need to click
on the Submit button.
Changing the Stake
In order to change the stake of an individual Place Bet you can click in the stake box and type in the
new stake.
Alternatively, you can right click over the stake box. This will bring up the stake menu. If you then
left click on a new stake it will change the stake. Alternatively you can right click on a new stake and
it will immediately submit the Place Bet, thus removing the need to click on the Submit button.
When the market goes In Play change the unmatched bet to a Keep bet
When the market goes In Play change the unmatched bet to a Take SP bet
NB: If two or more markets are loaded and you switch between markets all of the Place Bets will
automatically cancel.
Menu Options
By right clicking on the header it brings up the various options for this window.
When rolled up in the Main Info Bar the header displays the number of SP bets that are waiting to be
submitted. When expanded the window displays all the SP bets that are waiting to be submitted.
SP Odds Limit
Setting the odds in the Place SP Bets window differs from standard bets in that for a Back bet you
are actually specifying the minimum odds you are prepared to accept, for a Lay bet the maximum. If
Betfair’s SP settles shorter than the Back bet minimum price, or longer than Lay bet maximum price,
then the bet will lapse when the event starts. Otherwise the bet will be matched at SP. When the
SP is equal to the price limit specified, those bets will be included based on the time they were
submitted, on a first come, first served basis. This means that such bets may be unmatched or
partially matched.
Once the bet is placed, the minimum/maximum odds requested can only shortened in the case of a
Back bet or lengthened in the case of a Lay bet at any time before the event starts.
Selection
Headers
Cancel button
Selection Separator
Click in the SP Odds Limit box and type the new odds in
Use the up and down arrows to the side of the SP Odds Limit box
Right click over the SP Odds Limit box. This will bring up the odds menu which displays the
current odds plus the 10 prices either side of the current odds as well as 1.01 and 1000. If
you then left click on a new price it will change the SP Odds Limit to the new price.
Alternatively you can right click on a new price and it will immediately submit the Place SP
Bet, thus removing the need to click on the Submit button.
Alternatively, you can right click over the stake box. This will bring up the stake menu. If you then
left click on a new stake it will change the stake. Alternatively you can right click on a new stake and
it will immediately submit the Place SP Bet, thus removing the need to click on the Submit button.
To submit a Place SP Bet you click on the Submit button and to cancel a Place SP Bet you click on the
cancel button.
If two or more markets are loaded and you switch between markets all of the Place SP Bets will
automatically cancel.
Further Reading
For further details as to the impact of non-runners on SP bets, and other information regarding the
SP, please refer to section 10 of Betfair’s Rules and Regulations.
Menu Options
By right clicking on the header it brings up the various options for this window.
Formatting:
Single Panel – turns the Place SP Bets window into a single panel rather than
separate Back and Lay sections
Headers – turns the headers on/off
Group Selections Without Separators – groups Place SP Bets by selection but
without selection separators (order dependent upon the sort used on the
Ladder/Grid)
Group Selections With Separators – groups Place SP Bets by selection with selection
separators (order dependent upon the sort used on the Ladder/Grid)
Back All – a Back Place SP Bet will be created using your default stake with the SP Odds Limit
set at the current back odds for all selections in the market
Lay All – a Lay Place SP Bet will be created using your default stake with the SP Odds Limit
set at the current lay odds for all selections in the market
Clear All – all SP bets waiting to be submitted will be cleared
Set SP Odds Limit – turns on /off Set SP Odds Limit. If turned off the Place SP Bet will be
matched regardless of the SP once submitted. If turned on you can request the SP bet be
conditional upon minimum SP odds in the case of a Back bet, or maximum SP odds in the
case of a Lay bet.
Profit & Loss
The Profit & Loss window is only shown when you have either matched bets, unmatched bets or are
placing a bet via the Place Bets window. When rolled up in the Main Info Bar the header displays the
number of selections for the market loaded.
Number of selections
When expanded the window displays your Profit/Loss position for the market or Worst Case
position for the market or both depending on your settings. In addition, when placing a bet via the
Place Bets window it will show you’re “what if” position if the unplaced bets were matched. {Please
note. When Ultra Slim layout is selected for this window; it is only possible to display either the
Profit/Loss or Worst Case, not both.}
By right clicking on the header it brings up the various options for this window.
Worst Case – this shows what you’re potentially Worst Case would be if you had all of your
current bets matched. In the image below it shows the Worst Case if the £10 unmatched
Back bet on Ballycommon was matched:
Profit & Loss window showing a £10 unmatched back bet on Ballycommon
The image below shows the Profit & Loss window once the £10 Back bet has been matched at 2.86
on Ballycommon:
Profit & Loss window showing a £10 matched back bet on Ballycommon at 2.86
The image below shows the Profit & Loss window once the £10 back bet has been matched at 2.86
on Ballycommon and a further £10 back bet has been placed on Ballycommon but is currently
unmatched:
Profit & Loss window showing a £10 matched back bet on Ballycommon at 2.86 and £10 unmatched back bet
on Ballycommon
The image below shows the Profit & Loss window once the £10 back bet has been matched at 2.86
on Ballycommon and a £10 lay has been matched on Ballycommon at 2.52, plus a £10 back bet has
been placed on Ballycommon but is currently unmatched:
Profit & Loss window showing a £10 matched back bet on Ballycommon at 2.86 and a £10 matched lay bet at
2.52 on Ballycommon plus a £10 unmatched back bet on Ballycommon
The image below shows the Profit & Loss window with a £10 matched back bet at 2.86, a £10
matched lay bet at 2.52 and the position greened up at 2.46 by laying £1.38:
Profit & Loss window showing a £10 matched back bet on Ballycommon at 2.86 and a £10 matched lay bet at
2.52 on Ballycommon with the position greened up at 2.46 by laying £1.38
The “what if” position can be differentiated by the ‘ >> ‘ that proceed the figures in the Profit & Loss
window.
The image below shows the Profit & Loss window displaying the “what if” position if the two
unplaced bets , £10 Back bet at 5.0 on Pacific Bay and £10 Lay bet at 4.5 on Minturno, that are
currently in the Place Bets window, were matched:
Profit & Loss window showing the “what if” position if the two unplaced bets shown in the Place Bets window
were matched
The profit & loss window also works for Handicap, Place, Line & Range markets. Whilst the workings
of each market type differ, the window displays the Profit & Loss in a similar way to the standard win
markets.
Projected / Actual SP
The Projected SP window is only shown when a market where SP betting is available is loaded. The
window displays information about the projected & actual SP on selections. It is also used to place
an SP bet.
The window shows the amounts wanting to Back and Lay at SP and the projected SP by selection
before the SP is settled. Once the SP has been settled it will just show the actual SP of each selection.
{NB When expanded in the Main Info Bar and with Ultra Slim layout selected for the Main Info Bar it
is only possible to display either Stake/Liability or projected/actual SP.}
Number of selections
Betfair SP Overround/Underround
Placing an SP Bet
To place a Back SP bet you click on the left side of the window and the Place SP Bets window will be
displayed containing a bet for that selection. To place a Lay SP bet you click on the right side of the
window. To quickly cancel the SP bet before it is submitted you can click on the corresponding side
of the Projected SP bets window.
As can be seen in the image below the Header Colour is pink meaning the market as a whole will
settle on the Lay side. {NB This should only be used as a rough guide to the settlement.}
The selection colour for Respite is blue meaning its projected SP of 3.25 will settle on the Back side.
When you look at the Grid it can be seen that 3.25 is on the Back side.
The selection colour for Diapsason (along with all other selections except Penzena) is pink meaning
its projected SP of 4.70 will settle on the Lay side. When looking at the Grid it can be seen that 4.70
is on the Lay side.
The selection colour for Penzena is white meaning its projected SP of 9.50 will settle between the
Back and Lay sides. When looking at the Grid it can be seen that 9.50 is between the Back and Lay
sides.
Actual SP
Once the SP has been settled the Projected SP window shows the actual SP settlement on a white
background.
Menu Options
By right clicking on the header of the window the following menu options are displayed:
When expanded the window displays various bits of information about the selection that your
mouse is currently over such as the Jockey and Trainer. By right clicking on the header it brings up
the various options for this window.
Right click options
Runner Info window undocked with horizontal and vertical grid lines displayed
Staking & Tools
The Staking & Tools window allows you to control and set for the whole application:
Refresh button
Stake box
In the below examples it is assumed that the default stake box is set to £10
Stake – this refers to the stake you place if you are placing a back bet or the stake you are
accepting if you are placing a lay bet. For example:
Placing a Back bet at 5.0 would give a £40 profit if the selection won and a £10 loss if
the selection lost
Placing a Lay bet at 5.0 would give a £10 profit if the selection lost and a £40 loss if
the selection won
Liability – this refers to the liability the person taking your back bet accepts if you place a
back bet and the liability you accept if you place a lay bet. For example:
Placing a Back bet at 5.0 would give you a £10 profit if the selection won and a £2.50
loss if the selection lost
Placing a Lay bet at 5.0 would give a £2.50 profit if the selection lost and a £10 loss if
the selection won
Tick Profit – this type of staking is for trading and refers to how much you make for one tick
before greening up across all selections. For example:
Placing a Back bet at 5.0 would give you a £400 profit if the selection won and a
£100 loss if the selection lost
Then placing a Lay bet at 4.9 would give you a £390 loss if the selection won and a
£100 profit if the selection lost
Therefore your net position would be a £10 (£400 - £390) profit if the selection won
and no loss or profit is the selection lost (£100 - £100)
Book Profit – this type of staking is for trading and refers to how much you make for one tick
with greening up across all selections taken into account. For example:
Placing a Back bet at 5.0 would give you a £1,960 profit if the selection won and a
£490 loss if the selection lost
Then placing a Lay bet at 4.9 would give you a £1,950 loss if the selection won and a
£500 profit if the selection lost
Therefore your net position would be a £10 profit if the selection won (£1,960 -
£1,950) and a £10 profit if the selection lost (£500 - £490)
Tools
In order to turn off a tool you click on the Stop/Go button. When a tool is turned off the Stop/Go
button will say ‘Go’, the tool will be shaded red, the input field will be greyed out as shown below:
Stop/Go button
Refresh button
Input field
Staking & Tools window with Tick Offset turned off
Fill or Kill – when a bet is placed if it is not matched by the time set in the Fill or Kill tool it
will automatically cancel. If part of the order is matched the remainder will still
automatically cancel once the time set in the Fill or Kill tool has been reached. To change the
time for the Fill or Kill tool you click in the input field and select a time in seconds from the
menu. The new time will then apply to any subsequent bets placed.
1. Bets that have already been placed prior to the changing the options will still use
their existing settings unless you click the refresh button.
2. Fill or kill is not applied to any Hedge bets.
3. Fill or Kill is not applied to NET bets placed via the ladder quick menu.
Tick Offset – this automatically places the counter bet to your initial bet at the number of
ticks set in the Tick Offset tool. For example, you lay a selection at 2.0 for £100 with tick
offset set at 10 ticks. A back bet of £100 would then automatically be placed at 2.20. There
are 2 options for fill or kill. Partial & Full. Partial will place counter bets as & when bits of
the bet gets matched. Full will wait until the bet is completely matched before placing the
counter bet. To switch between Full & Partial, simply click on the text.
1. Bets that have already been placed prior changing the options will still use their
existing settings unless you click the refresh button.
2. Tick Offset is not applied to any Hedge bets.
3. Tick Offset is not applied to NET bets placed via the ladder quick menu.
Stop Loss – the stop loss works by automatically placing a closing bet into the market, at the
number of ticks set in the Stop Loss tool, away from your opening bet if that price is traded.
For example, you lay a selection at 2.0 for £100 with the stop loss set at 10 ticks. If the
market then trades at 1.90 the stop loss will be activated and a closing back bet of £100 will
be placed at 1.90 automatically. To change the number of ticks you click in the input field
and select the number of ticks from the menu
Place Stop At – this works in conjunction with the Stop Loss tool to help ensure your stop
loss gets matched. In the above example the market might sweep past 1.90, for example if a
large back bet comes in to the market taking the price down to 1.85. As the market has
moved through 1.90 the Stop Loss will be triggered and the closing back bet will
automatically be placed at 1.90. However, the selection is trading at 1.85 and therefore your
back bet will not be matched immediately. So by setting the Place Stop At at 20 ticks in the
above example the Stop Loss would still be triggered when 1.90 was traded but instead of
placing the closing back bet at 1.90 it would place it at 1.80. So a £100 back bet would go in
at 1.80, which in a liquid market would most likely be filled at 1.85 immediately. To change
the number of ticks you click in the input field and select the number of ticks from the menu
Trailing – this works in conjunction with the Stop Loss by pulling up the Stop Loss when the
market goes in your favour. For example, if you lay a selection at 2.0 for £100, with a stop
loss of 10 ticks, the initial stop loss position is 1.90 but as the market moves in your favour to
2.02 the stop loss is brought up to 1.91, then if the market were to go to 2.04 the stop loss
would be brought up to 1.92. If the market then reversed and reached 1.92 the stop loss
would be triggered at 1.92. This tool can also be used in conjunction with the Place Stop At
tool
Menu Options
By right clicking on the header it brings up the various options for this window.
Staking & Tools window with right click options and Separate Grid Lay Staking turned on
Separate Grid Lay Staking – turns Separate Grid Lay Staking on/off. When turned on a
separate default Lay stake and default stake type can be set for lay bets placed via the Grid
interface. If turned off the same default stake and default stake type is used on the Grid
Interface for both Back bets and Lay bets.
Show Inactive Tools – turns the display of inactive tools on/off
Activate – Switches on tools not shown. This option is only shown if Show Inactive Tools is
turned off and one or more tool is turned off.
Traded and Available
The Traded and Available window shows the various amounts of money that have been traded or are
available at the various odds for the selection you currently have your mouse over. In addition it also shows
the amounts looking to Back and Lay at SP. Once a market is closed for betting the window will just show the
traded amounts and the prices at which they were traded.
When rolled up in the Main Info Bar the header displays the current display setting and the number of
different prices that there are amounts currently available at or that have been traded. This varies depending
on what display setting you have selected as shown below.
By right clicking on the header it brings up the various options for this window.
Selection
Bet Info
Bet Separator
Selection Separator
Click in the odds box and use the up and down arrows on your keyboard
Use the up and down arrows to the side of the odds box
Once you have entered the new odds you then need to click on the Confirm Changes button to
submit the changes. Finally you can:
Right click over the odds box that will bring up the odds menu, which displays the current
odds plus the 10 prices either side of the current odds as well as 1.01 and 1000. If you then
left click on a new price it will change the odds to the new price and then to submit the
change you need to click on the Confirm Changes button. Alternatively you can right click on
a new price and it will immediately submit the changes to the price, thus removing the need
to click on the Confirm Changes button.
Changing the Stake
In order to change the stake of an individual unmatched bet you can click in the stake box and type
in the new stake. Once you have entered the new stake you then need to click on the Confirm
Changes button to submit the changes.
Alternatively, you can right click over the stake box which will bring up the stake menu. If you then
left click on a new stake it will change the stake and to submit the change you then need to click on
the Confirm Changes button. Alternatively you can right click on a new stake and it will immediately
submit the changes to the stake, thus removing the need to click on the Confirm Changes button.
When the market goes In Play change the unmatched bet to a Keep bet
When the market goes In Play change the unmatched bet to a Take SP bet
Misc
When a change is made to either the odds or the stake the numbers will change to red as will the
Profit/Liability/Payout figure so as to indicate a change has been made but not yet submitted.
It should be noted that it is not possible to submit changes to both the odds and the stake of an
individual unmatched bet at the same time.
Menu Options
By right clicking on the header it brings up the various options for this window.
When rolled up in the Main Info Bar the header displays the number of unmatched SP bets.
Selection
Headers
Bet Info
Bet Separator
Selection Separator
Click in the odds box and use the up and down arrows on your keyboard
Use the up and down arrows to the side of the odds box.
Once you have entered the new odds you then need to click on the Confirm Changes button to
submit the changes. Finally you can:
Right click over the odds box which will bring up the odds menu, this displays the current
odds plus the 10 prices either side of the current odds as well as 1.01 and 1000. If you then
left click on a new price it will change the odds to the new price and then to submit the
change you then need to click on the Confirm Changes button. Alternatively you can right
click on a new price and it will immediately submit the changes to the price, thus removing
the need to click on the Confirm Changes button.
When a change is made to the odds the numbers will change to red as will the Profit/Liability/Payout
figure so as to indicate a change has been made but not yet submitted.
Menu Options
By right clicking on the header it brings up the various options for this window.
Bet Info – turns the Bet Info for all unmatched SP bets on/off
Formatting :
Single Panel – turns the unmatched SP bets window into a single panel rather than
separate Back and Lay sections
Headers – turns the headers on/off
Bet Separators – turns the separators between the unmatched SP bets on/off
Group Selections Without Separators – groups unmatched SP bets by selection but
without selection separators (order dependent upon the sort used on the
Ladder/Grid)
Group Selections With Separators –groups unmatched SP bets by selection with
selection separators (order dependent upon the sort used on the Ladder/Grid)
Sort: Left clicking one of the sub menus sorts in expected order. Right clicking sorts in
reverse
Date Placed – sorts by the time the unmatched bets were placed
Selection, Date Placed – sorts by the selection (order dependent upon the sort used
on the Ladder/Grid) and then by the time the unmatched bets were placed