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Bet-IE - Powerful Dutching and Exchange Trading Software

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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