Bfexplorer and automated trading/betting
Posted in Tutorials by StefanBelo Tags: bfexplorer
How and when a bet is placed depends or your strategy you are able to set for.
You have got option in using 10 types of bots already built-in into any bfexplorer product which you can configure with different parameters, so they can place bets, trade, dutch as you want.
Basically after you set conditions for placing bets or trading, you can either run such bot criteria settings manually on selected markets or leave it running automatically for all UK horse racing markets, or whatever you select.
For instance you can prepare bot criteria settings to lay 2nd and 3rd favorite if the favorite is traded at some odds level, and the 3rd favorite is up to preset odds. The possibilities are endless as amount of different parameters you could setup to evaluate as conditions/triggers for starting bet placing or trading, also the amount of different types of bots is not limited only by the one already built-in the bfexplorer.
The third possibility is to build your own bespoke solution, if you have got a strategy which can be programmed, what actually is possible with any strategy.
Simple examples of such bespoke solutions can be found in the Bfexplorer PRO by clicking on the menu item Tools/My Solutions, the advantage of such bespoke solutions is simplicity of using, in the control panel you set your parameters and click the start button, as preparing bot criteria settings for Bot Executor require at least the base understanding of what you try to achieve with this tool.
If you want me to build your own bespoke solution then first test your strategy, if profitable write a project specification which simply describes what you want to achieve and how, I mean in terms of betting or trading at betfair.
