Betdaq bots – Part 2

Posted on March 30, 2011 by admin

We are continuing the series about Betdaq bots. In this article we will demonstrate how to set up Betsender for Betdaq.

For better understanding, please see this video.

Here is the step-by-step instruction:
1. Download and install the bot from http://www.betsender.com/betsenderbetdaq.exe
2. Run Betsender, you will see “Settings” window. Enter your Betdaq username and password. Select your Betdaq server (betdaq.com or betdaq.co.uk). Click OK.
3. Select “File->Find Markets” in the top menu. Find Markets window will appear.
4. Click the “star” image in “Where to search”. In the menu select “UK Races->Win”.
5. In the “Selection” drop down box choose 1st, 2nd or 3rd fav.
6. Click “Search” button. The bot will search for UK horse racing win markets.
7. After the search is complete, click “Add All” button. This will load all markets in the bot.
8. On the right side of main window select your staking plan (for example, Back Level Stakes).
9. Click on the “Real Money” box and select “Simulation” instead.
10. Enter your Bank and Stake.
11. Click “Start Betting” button. This will activate the betting. Bets will be fired 60 seconds before the start of every race. You can change this time in the settings.

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Betdaq API

Posted on March 29, 2011 by admin

Betdaq API provides a way for software developers to create customised programs that can access Betdaq services, retrieve different kinds of data like prices, list of races, account information and make bets.

Betdaq API is provided in type of WSDL file with definition of all functions and data structures. Almost all programming languages and software environments which support web services can access Betdaq API.

At the moment Betdaq API is at it’s 2.0 version. It’s free to use, but you need to send request to Betdaq team in order that they can authorise you for API. Usually you only need to provide your Betdaq username and your phone number.

Accessing Betdaq via API is better than screen scraping the website because the API doesn’t change so often thus you don’t need to rewrite your applications after every site update.

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Betdaq horse racing markets

Posted on March 29, 2011 by admin

Horse racing events have several kinds of markets listed on Betdaq. Usually for UK horse racing they are Win, Place and Each Way markets. What is the difference between these markets?

Win markets – only bets on horse which came 1st win. All other bets lose.

Place markets – bets on first 2, 3 or 4 horses which came first win. The number of places in the race depends on the total number of horses. A race with 7 or less horses has two places, race with 8 to 25 horses has three places and race with 25 and more horses has 4 places. Betdaq writes the number of places in the market window, just above the listed selections.

betdaq marketEach Way market – combination of Win and Place markets. Imagine that half of your bet is placed at Win and half at Place market, on the same horse. If your horse comes 1st you win both bets. If it takes a place you win one half of your bet (Place bet) and lose second half (Win bet). If the horse doesn’t take a place you lose your whole stake.

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Betdaq bots – Part 1

Posted on March 29, 2011 by admin

We are starting a series of articles about Betdaq bots. Our goal is to publish a set of “how to” and tutorials about using bots and software for Betdaq trading. The first part is introduction to Betsender for Betdaq.

Betsender (BETDAQ) was designed specially for those punters who want to automate their daily betting making it more accurate and less time consuming. It’s assumed that you have a list of selections for a day and a betting strategy with staking plan. You would want to leave it running on your behalf to place all bets during the day. The bot allows to enter all bets in advance, set up required betting conditions and staking plan. Everything else is done automatically.

These are general features that a user would need. But what is more important is how it works and how fast and easy you can get yourself familiar with all features. No matter how good your computer skills are, this should not be an obstacle for using the bot. The target of Betsender (BETDAQ) is to create a simple and easy to use but still powerful and flexible betting software.

Among the other features of this Betdaq bot are more than 30 back and lay staking plans, conditional betting (min and max odds, number of selections), stop after loss or profit, stop after a certain number of losses or wins, fast search over horse racing, greyhound and football markets, ability to load multiple markets in few clicks, export and import from Excel and more. The bot supports all Betdaq markets. It’s possible to have multiple instances of the bot with same or different Betdaq accounts, that enables you to run many betting strategies (back and lay) at the same time. The build in statistics allows to track the staking plan performance. Everything this gives ability to automate virtually any of betting strategies.

betsenderFor professionals who want to run their betting for several days without interrupts there is auto markets reloading that executes at start of the day.

No matter, professional punter or beginner, anyone can get advantage automating their betting and Betsender (BETDAQ) can help to do this right. More information as well as free download is available at www.betsender.com.

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Betdaq trading

Posted on March 28, 2011 by admin

Betdaq is one of the leading UK sports betting exchanges. Providing a chance to bet on various sports events it gives great alternative to bookmakers. Available sports include football, horse racing, greyhounds, gold, tennis, basketball and more. All bets are made online on the website (betdaq.co.uk).

The best about Betdaq is that you bet against other people and usually get much better odds comparing to bookmakers. Also this means you can play as bookmaker, i.e. bet AGAINST winner. This way you can LAY horses so that you win when the horse losses. Laying horses is very popular and many users prefers it to normal BACK bets.

All said above makes Betdaq very close to regular stock exchanges. This is why it’s called sports betting exchange. You can trade buying bets (LAY bets) and selling bets (BACK bets). Odds play the mean of price here.

Of course Betdaq trading as any other exchange trading requires superior concentration to make fast decisions on trades. Sometimes markets are very volatile (especially when go in-play) and slow website interface is just not enough to provide reasonable speed. That’s why most professional Betdaq traders use special trading software (bots) for betting. We will write about trading bots in next articles, explaining all features of this software.

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