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The great value for money betting software, just got a whole lot
better (excuse the pun).
Bet-IE,
the powerful dutching and exchange trading software, has had the
nip tuck treatment and been given a complete face lift by Betting
Profit Software. I must say she looks very good as a result.
Previously it used to display most of the information by loading
Betfair
screens into a browser window. This caused performance problems
due to the poor response times. The new betting interface eliminates
this problem and makes the program a lot more simple to use.

To my mind the great thing about Bet-IE
is not only does it provide a range of tools to help you get the
best out of Betfair,
it also brings you betting strategies that have been tried, tested
and proven to make money.
Many of the betting exchange trading software programs available,
are provided on a monthly or annual subscription basis. That is
not the case with Bet-IE,
you pay a one off fee and the software is yours. What's more, updates
are provided free of charge.
As if that wasn't enough, anyone who purchases Bet-IE
also gets free access to their unique daily ratings and ratios.
These can be used to help your own bet selection process, or used
in conjunction with Bet-IE
to dutch several runners in a race.
Bet-IE has the Tools To Help You Get The Most From Betfair
Bet-IE
provides a number of tools to help make your betting on Betfair
easier. Here's a list of the main things she can do.
Dutching
You can place dutch bets (back 2 or more runners in a race) in
various ways, including fixed profit, fixed stake, place bet and
lay bet dutching. Bet-IE
will calculate the amount to bet on each of the selections and place
all bets with a single click.
In the example below we split the stake between Ektimal and Writ
to return an equal profit whichever of the horses win.

Trading
When trading an event, you are not concerned with the outcome,
you are simply predicting which way the betting odds are likely
to move. If you think the odds will reduce, you can use Bet-IE
to back a selection and then lay the same selection when the odds
reduce. If you think the odds will increase you can lay first and
back later. Bet-IE
provides a money meter so that you can see how much is being backed
or laid on the selection and help you predict which way the odds
will move.

For example in the 1:20 race at Newcastle, we see Imperial Commander
available at 2.22 to back and 2.24 to lay. The money meter shows
at a glance there's a much greater % of money available to back
than there is to lay. This shows more people are looking to lay
the horse than wish to back it.
It's therefore likely the odds on Imperial Commander will drift,
so we'd use Bet-IE
to lay at 2.24.

Later the odds for Imperial Commander have drifted to 2.32 to back
and 2.34 to lay. At this time we see a more even spread of people
wishing to back and lay the horse. Now would be the time to back
the horse at 2.32 and secure a profit no matter whether Imperial
Commander won or lost the race.
Hedging
Bet-IE
can Hedge in either direction, so if you think the horses odds will
reduce (either before or during the race) you can back it first
and then aim to get your lay at reduced odds. Conversely, if you
think the odds are likely to drift, you can lay first with a view
of backing at bigger odds. Bet-IE
will automatically make all the necessary calculations to make the
profit you require.
Trigger Bets
Triggers are particularly useful in a fast moving In-Play market
where you may miss a price betting manually. You simply tell Bet-IE
whether you want to Back or Lay and at what price you would like
to the trigger the bet.
Lay All
One
of the key elements of Betfair
is the ability to lay horses to lose. Bet-IE
offers three options to make this easier for you.
Option 1 - enables you to select a number of horses and lay each
of them for the same amount and odds. This option is most useful
when betting in-running.
Option 2 - provides the means to lay any number of horses to a
fixed liability (betting direct on Betfair it's not possible to
lay a horse to a fixed liability, without manually calculating the
required stake).
Option 3 - allows you to select the horses you wish to lay (including
different risk amounts for each horse). Bet-IE
will automatically calculate the correct stake for each and lay
them with one click.
See Bet-IE In Action
Betting Profit Software have produced a number of online videos
showing the different aspects of Bet-IE
in action. To view these videos and download a copy of Bet-IE,
visit the Betting
Profit Software web site.
1st February 2006
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