(Bet small (peanuts) or larger punter, this is for both.)
Covers All the Horse and Harness Racing that Betfair Bets On.
How do you do it?
Bet them that is..
Dutch?
Hedge?
Dutch/Hedge?
Straight Out?
Do it Live?
Or Pre programme the bets and forget them?
Follow UK, Ireland,Australia, South Africa,New Zealand and more?
Bet pences or pounds?
Cents or Dollars?
Stay Tuned and we will show you how it can be done in on software.
OK, let's prepare you, "Go grab a tea or coffee", we will wait for you (promise).
Great settled, let's start.
What are we talking about here?
The answer is a betting bot, that by passes the betfair web interface that most people use, and we tap straight into Betfair API (computer speak for there database).
What does this allow?
Lot's of things but mainly it is super fast, and we can also by pass the minimum staking restrictions that the web interface does not allow.
So upshot is, if you are a peanut punter (small stakes, and maximum fun), this gets a big GOLD STAR.
Just imagine:
1. You want to dutch the first 3 in the market for $1.00 (or 50p Stake) risk, you can.
2. You want to do that for 2 hours and only bet a certain meeting, or certain races, you can.
3. You want to bet only the 3rd favourite in each race only if it is between a certain odds range like 5.00 and 7.50 for example, you can on auto pilot.
4. Or you don't like auto pilot, then you can bet individual races manually, so you may fancy 3 dogs, and you dont like the favourite, you can set a minimum required profit percentage like say 20%.
Here is how you do it, you dutch the three you like and hedge the favourite, so if the fav wins you get your stake money back. And if any of the other 3 win, you get aleast 20% profit minimum.
5. You only want to bet for the win on a certain horse, you can do that.
6. Maybe you like longshots. And you want to bet the 5th and 6th fav for all tracks, or maybe only a certain track, or a certain country, you can do that.
7. If you want to set and forget you can, if you want to dutch/hedge bet manually race by race you can.
8. Want to bet on Auto Pilot? You have 3 separate tabs within the bot, so that allows 3 different betting options, Auto Back1, Auto Back2 and Auto Back3. All can be set to bet on different criteria, including countries, favouritism, race liquidly, odds range, amount to be staked.And even weight more money to a horse.
What it won't do.
1. Lay bet. NO
2. Work on a Non Windows pc. NO
3. Allow use on multiple computers. NO
4. Bet on dogs and sports. NO
(We have a separate Dog one is at the bottom of the page.)
Serious players whether it be horses or dogs, that multiple win bets is the most consistant way to make a long term profit at betting.
We know also that the best horse does not always win. Favourites don't always win, but is most cases they are too powerful to disiss outright.
Also longer priced horse, they bob up and spoil the party.
Finding a balance in a fast moving market is tricky, much too tricky for pencil, paper and calculator.
You have a strong pick you like, but you are scared that the dog that is fav is odds on, so must be considered.
If you decide to back the two the return is way too low for the risk.
Welcome to Dutching and Hedging.
If you are not really sure what dutching is, no worry, simply put it is betting more two or more horses in a staking way, that no matter which of the horses that are being dutched, should one of them win, we cover the cost of all the dutch horses staking and makes use a profit (desired result).
So, how do you sort out the staking for each horse so you get the desired result, it is not easy in markets that are charging every second. You (and most people need help), the Hedge Dog Bot does all of that for you in a split second.
Now a lot of races will work with straight dutching, however not all, and there maybe some horses that you want to include, but the return drops or heaven forbidden maybe enters NEGATIVE RETURN.
What is the way around this?
Hedge betting, mixed with Dutch betting.. a maths nightmare for most mare mortals (certainly me).. Thanks to Hedge Horse Bot.. like a magic wand, it does it all in a split second.
Above pic shows a straight out Dutch bet with 3 horses the software works the staking so whichever horse wins we make the same amount of profit.
In the above example we made 1.49 on our 2.00 outlay.
A Hedged Bet Explained.
This is where you back a horse to cover the cost of the other bets should it win (yes a saver bet), why would you do that? Insurance, plain and simple.
You have several horses that you are very sure of, however you have another horse that if he breaks fast could spoil the party, so you want an insurance bet on him, to cover the total outlay.
The favourite was short, at 2.12 on Betfair, so we hedge that horse, and the second and third fav were at good odds, of 6.20 and 10.50, if either of those win we make 62 and 64% profit, sadly for use the fav was too strong so we lose 5 cents on the race.
Hedge Horse Bot covers this plus much more.
Not only will it cover, dutching some horses, and hedging others, you can also Part Dutch a horse, or even part hedge a horse.
Plus you can weight more to a horse if you really, really like it.
And also the bot will show you live what the return will be on, see below.
Above we have dutched the Fav Gluten free and 2nd Fav Solarize, so if either win, we will make a 1.07 profit of 52% on the $2.00 wagered. We do a half unit (.50) on the 3rd Fav Altani so it that horse wins we will lose .45cents.
However the 2nd fav wins, and we make or 1.70 after stakes and commission.
Lets look where we are using two horses for insurance on the favourite.
Second and Third Fav, are dutched, but we strongly part hedge the Fav, with a power of 2
So on a $5.00 wager, it the fav wins we win $4.64, if the 2nd fave wins we we win 1.93cents. If 3rd fav wins, we win 1.93 cents..
So that is how insurance works.
What about Place Dutching?
We made a .39 cent profit on the $2.00 spent, Hot Dancing finished 4th, had it squeaked a place the return would have jumped to 1.69 total return on the $2.00.
The trick of course is to get the extra horse into the places.
How to Insure your horse.
With Part Hedge and Part Dutch options you can tailor the race bet to your opinion of the horses running.
So, there you are manual options galore, and also the Auto betting options.
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