Recently Added 02/05:
- APD and ABD options on the Shortlist Editor.
Releasing Today (please note these are now covered in the user guide but will be released this afternoon)
- New Ratings from Focus Ratings (Ratings, Ranking, Confidence) for top 3 horses in each race.
- Focus Ratings in Shortlist editor.
- APD and ABD sort by in Shortlist Editor.
- Winner Last Time Out (Or last 2,3,4,5 etc. times out) in Shortlist editor.
- Placed Last Time Out (Or last 2,3,4,5 etc. times out) in Shortlist editor (placed doesn't include position 1).
- Cashout / Stop Loss (MTP and % Loss).
- Race Prize Money Metric.
- BSP betting options.
A lot of requests have been made for BSP betting options. This can be added for back only but 'back to lay' for a cloud based system is difficult to implement. Reliability has to be top priority and the danger of missing a lay is too high. With this in mind is is possible to back as BSP, then lay the hedge bet based on a guess of what the BSP should be. This has the disadvantage of the resultant target profit being slightly different to what you asked for, but the advantage of being reliable!
What is Hedger Pro?
Hedger Pro is an advanced web application for finding horses to 'back to lay' or 'hedge bet', It has all the resources you'll need - all in 1 place.
Hedging is a type of betting that aims to make a profit by backing horses that run well. This is done by backing the horse before the race sets off and then laying the bet off at reduced odds. Sometimes the lay part can be matched before the race even sets off, but most get matched whilst the race is in-play.
The horse does not have to win the race for the hedge bet to be successful; it only has to run well to get the lay bet matched. This is the whole point of hedging.
Hedger Pro is a cards based website detailing the best horses to hedge. Once you've found the horses you fancy to run well in their race, the advanced auto betting feature can order, or schedule your bets to be placed near the off time.
The account bar:
- The menu icon hides the site header to give you more room to see the main pro app.
- Hello [Your Initials] along with your Betfair account balance shows you're logged in. You can refresh your balance with the refresh arrows
- A hide balance icon lets you toggle the balance on / off (shown here as 'off')
There are 4 main tab's, the blue highlighted tab is the one currently in view.
The HP Pro dashboard contains general information
Main 'back to lay' cards information
Your current open bets in detail
All your Hedger Pro driven Betfair results history
Main Tabs / Dashboard
The dashboard shows general race information and your personal settings.
Your 'tracked horses' is a list of horses you have set as 'favourites' in the race cards.
The table can be sorted by clicking on the headers, and shows:
- Horse name - with a star icon that you can use the remove the horse
- Its status: A - Active, R - Removed, W - Win (won the race), L- Lose (Did not win the race)
- BSP (Betfair Starting Price). If the race has ran, the BSP of the runner in its last race
- Date Time of the next (or last race if there is no future race scheduled)
- Venue of the corresponding race date time.
The default opening screen can be set to: the 'dashboard' or the 'races page'
A sort-able list of today's races with information about that race.
Clicking on the time opens the race in the race tab.
- Time of the race
- Distance in miles / furlongs, with yards in brackets
- Course direction (at the race's distance)
- Course profile (Flat, Undulating or Very Undulating)
Main Tabs / Races
The 'Races Tab' contains cards for upcoming and past races.
There are 3 tables you can choose to view:
Main B2L race card information
A breakdown of the runners B2L stats grouped by race / runner conditions
The price history of the runners
Simply choose the race you wish to see from the race list. This list also contains 'shortlists' of runners that match certain critria
The 'link' icon to the right of race name opens a new browser tab with the Betfair market.
The 'link' icon next to the shortlist open the 'shortlist editor'
The refresh arrows reloads the race date selected.
You can select the type of races including: 'all today', 'open today', 'tomorrow', or past days going back for 30 days, they include races, shortlists and results if the race is finished.
Tomorrows Races and Past Races are a PRO feature
Each race has information shown above the runners table
- Class of the race
- (Jump / Flat) - Race Type - Surface. e.g.: J Hdl Turf
- Number of Runners
- Race Prize Money
- Track Direction and Profile
These race details can be used against runners previous runs to filter and compare performances at different conditions compared to today's race.
For example, as this race has is a class 4 race, we could filter past runs so HP only considers horses past runs that were class 2,3 and 4 and show the statistics accordingly.
The settings tab contains main settings and settings that are specific to the selected race tab (card, b2l or odds)
Each tab (Card, B2L and Odds) show tables of information for the race or shortlist selected, here is an example of a 'card' table:
Tables are can be sorted in ascending or descending order by clicking on the column header you want to sort by, most columns have a sort options and are indicated with white bars top and bottom. A yellow bar indicates the data is order by that column. Clicking the currently sorted column reverses the order it is sorted by.
On smaller screens the data is not compressed into a smaller space, the display can be scrolled horizontally and vertically.
The card table is configurable, allowing you to show and hide columns that you want to see / not see, please see 'table layouts' for more info
Main Tabs / Races / Settings Overview
The settings shown are dependent on the tab you have open (CARD, B2L or ODDS), but some settings apply to all views
% Target Profit & Max Target Profit
% Target Profit
This is an important setting; it's the default amount of profit you are looking to make on any hedge bet you bet on. All the data is based on this setting and will change for different targets.
A 100% profit setting aims to make a profit equal to your back stake. So, if you stake £10 on the back, you are liable for a £10 loss and are looking to profit £10 for a successful hedge bet.
A 25% profit setting aims to make a profit of 25% of your back stake. So, if you stake £10 on the back, you are liable for a £10 loss and are looking to profit £2.50 for a successful hedge order.
The lower the setting, the less you are wanting to make, but the lower the risk the hedge bet carries.
You can alter each horse individually by clicking on its '% / Target' chart; this will be covered later...
Max Target Profit
This controls the amount of data shown in the charts. If you are generally always looking at 100% (a DOB) then the Max Target Profit can be just over that (say 150). This will result in faster page loading times and more focused view on the horses hedging past profits.
If you want to see the full range of B2L targets, the highest is 500%, this gives you the scope to hedge at a much larger range and potential profit per bet. Shortlists and big races may be slower to load on old PC's or phones with Max set to 300% or more.
View / Hide Section
'Hide if no Stats': Shows or hides runners if they have no past runs or past pace data to analyse.
Hide BSP/Back Over: Remove runners with large prices.
Hide B4Y (See B4Y section). This removes all B4Y supplied content.
Details: Runners in depth details can be viewed by clicking on the horse name or view icon. This control defines if that view is to be shown under the horse in the table, or as a large pop-out window that overlays the card.
The layout of the settings can be personalised:
To simplify the settings area, you can remove / restore whole sections or individual settings
Click the settings control 'bars' icon that's on the bottom left.
You can now toggle settings or whole sections on / off
Click the 'bars' icon again and the settings layout will be updated.
Save & Update
This saves your settings for the next time you use Hedger Pro, it also updates the cards information in the tables to use your new settings.
Main Tabs / Races Tab / Card Tab
The card table is laid out in sections: Horse, Ratings, Pace, Back 2 Lay and Prices.
Some columns are hidden by default and all columns are configurable with the table layout system
Stall Draw NUmber
Tracker (Star) - Horse Name
Jockey, Trainer. Trainer in red if changed from last run.
Horses Age (hidden by default - please see table-layout)
Days Since Last Ran
Clicking on the 'star' icon to the left of the runner will add / remove it from your 'tracked horses' favourites list.
Jockey / Trainer will not show on the small screen
Focus Ratings Section
For more info please see Focus Rating Section
The average early pace score for the number of last races you have set (default max 5)
A list of pace scores for the last number of races you have set
Deviation of pace scores against the average
An early run style note directly related to the AVE figure
A high score for AVE and individual early pace scores is bright green moving across the colour spectrum to red for a low score.
Pace notes can be: Behind, Rear, Held Up, Mid Div, Close Up, Prominent or Front Rnr
Deviation is calculated as a root mean square of the pace score compared to its average. In basic terms; a low number shows a high consistency. In the example, the first runner with 7,7,8,5,8 has a low deviation of 2.4, whereas the next runner with a 4,5,8,10,10 has a higher deviation (or low consistency).
Back 2 Lay Section
Actual profit against target profit chart. This shows what targets have been best to use for this horse historically.
At the profit target set for the horse, shows the profit over time if you have hedged this horse for all its past runs (that fit your condition filters)
Combines stats for historical hedge profits: Return on investment. Wins / Runs. Strike Rate.
Return on Investment hedging this horse for past runs at the target set.
Number of past runs (matching your conditions if set)
Number of past wins (in runs matching your conditions if set). WINS ARE HEDGE BET WINS, NOT RACE WINS!
Winning Strike Rate in past runs (matching your conditions if set)
Average Price Drop. The maximum potential price drop for a horse in any 1 race is 100% and is listed in the runner details area. This is an average of all its past APD scores.
Average Book Difference. The book difference is a past race is 100/low - 100/BSP, this is like tics drop but more accurate. The ABD shown in the card is an average of these for past races.
£ / Target
- Hover your mouse over the £ / Target chart and the actual percentage target will change in the view column.
- Click it and the target profit for that horse will override the default set in the settings.
- Double click to reset to the default.
This chart ranges from 0 to 200% target profit which puts a traditional double or bust bet (being 100% profit) in the middle of the chart. It allows you to very quickly see how consistent the horse has been across a wide range of back to lay targets. The top second horse in the image example is 'in the green' for nearly full range of 0 to 200%. The higher the risk you take the more the return but the more risk you have of not matching the hedge bet.
You can increase the 200% max here with (Max Target Profit option) in the settings, it can be increased up to 500%. You can also reduce it if you are only wanting to work in very low risk ranges of 'back to lay' betting and wish to see more detailed chart.
This also lets you quickly see if there is good competition in the race and therefore discount it.
This is a chart of recent price movements and can be set to back, lay or WAP in the settings.
Weighted Average Price / All time high and low WAP
Weighted Average Price. This takes into account the amounts traded at each price its been traded at.
Current back price
Current lay price
Prices are updated every minutes and are a guide, if the app is connected to Betfair the prices shown are more up to date.
This block only shows for races that are in-play, closed or settled
The starting price of the runner.
In in play low (HP monitors this for fast results, it is overridden by official data when its available)
The in-play profit percentage achievable from the in play low compare to BSP.
The View column shows the percentage target you have set for that runner and clicking on the 'magnifying glass' icon shows the Runner Details - a detailed view of the runner, giving much more information about the runner's pace runs, stats and price history.
Card Specific Settings
These settings are shown when the 'card tab' is selected.
By default, the 'back to lay' and 'pace' data is based on all the horses' previous runs (apart from rare cases where we don't have the BSP).
You can filter past runs based on the current race conditions to only use past races that are similar in nature to today's race / runner. Past runs that are not similar to today's race will be ignored as if they never happened.
To use a filter click on the check box next to it.
Ranges can be used to set the number of past races considered to those within the range set compared to the race in question. Filters without a 'range' option or with 'same' checked result in only past races that exactly match today's race condition being considered.
Class. Includes past races with a class 'worse than' to 'better than' than the current race. With 1 and 1 set (see the screenshot), if today's race is class 3, HP will only consider past races with classes 2,3 or 4.
Going. Ranked in 'speed' order.
Turf races are as follows (firm to soft):
Good to Firm
Good to Soft
All Weather races are as follows (fast to slow):
Standard / Fast
Standard / Slow
If the current race is 'Good', and you set 1 firmer and 1 softer then only past races of 'Good to Firm, Good and Good to Soft will be considered.
Distance. This range is in furlongs per mile. The longer today's race the wider the range will be. If today's race is 1 mile long then the range will be 1 furlong for each over / under you set.
For example: if today's race is 2 miles long and you have set 1 over and 2 under, the past races that are included have to be 1m4f (4 furlongs under) to 2m2f (2 furlongs over) whereas a 1 mile races with include past races of 6f to (2f under) to 1m1f (1 over)
Runners. The number of runners over and under today's number of runners, so you can select a similar field size
BSP. This is fixed and not compared to today's odds. The range you set here will filter past runs where the BSP was between the range you set, ignoring other past runs.
Surface. If checked HP uses past races that match the surface of today's race (Turf or AW)
Race Type. If checked HP uses past races that match the type of today's race (Flat or Jumps)
Course. Only includes past races that are the same course.
Jockey. Only includes past races where the horse ran with the same jockey.
Trainer. Only includes past races where the horse ran with the same trainer.
HCap. Only includes past races that match today's Handicap (HCap or not Hcap)
Each runner's past runs are scored based on the pace comment for the early part of the race. The scores are given from 0 to 10. 0 being slow and 10 being fast (compared to other horses in the race). This gives us a rough guide of the likelihood of how the early part of the race may play out.
You can set the number of past pace scores you want to see, the default is the last 5. These are filtered, any races removed from consideration due to your conditional settings are not shown, unless, you override that with the 'last unfiltered' option. This overrides the races filtered state to always include it. Example:
A horse has 8 past runs with class: 2,6,4,6,2,6,4,6,2,6. Today's race is a class 3 and we have set a +/- 1 for the class. This means the stats and pace data will use the 2,4,2,4,2 class races (2,6,4,6,2,6,4,6,2,6). If you set 'last unfiltered' to 2, the pace stats will show 2,6,4,2,4,2 class races (2,6,4,6,2,6,4,6,2,6), the 2nd last past race (class 6) is now included. The past pace scores can be shown as a number, thumbs icon or as a chart.
The AVE column shows an average of these scores; this can be displayed as a number or a colour-coordinated thumbs-up or thumbs-down icon.
The prices section shows a chart of recent price movements. You can choose to see this as back prices, lay prices or WAP. WAP is 'weighed average price' which considers the amount traded at past prices to better reflect the sentiment of the horse's popularity.
Main Tabs / Races Tab / B2L Tab
B2L Specific Settings
These are settings that are specific to the B2L tab.
The B2L table shows stats based on conditions similar to today's race / runner. The stats shown pertain to the past races that fit the ranges set.
Each condition set includes:
R (Runs), W (Wins), SR (Strike Rate), ROI (Return on Investment)
There is an ALL RUNS set that looks at all past runs and another 5 'sets' of data. You can choose what condition is used in each set with the 'Pace Groups' setting:
Choose the 'column set' (1 to 5), then the condition you want to see in that position (Class, Going Distance, Runners, Surface, Race Type, Course, Jockey, Trainer
The B2L table is presented in sections:
- All Runs
- 5 'sets' of data specific to the condition with defaults: Class, Going, Distance, Course and Trainer
Each set for each runner is colour coded, with green being a good performance and red being poor or lacking enough data to be able to score.
Main Tabs / Races Tab / Odds Tab
A tabular view of runners' odds captured during the day by our servers, the table also shows colour coded percentage movement between each odds.
Each odds column has a drop-down option to select the 'time of day' or 'time to post' you wish to see.
Odds Specific Settings
These are settings that are specific to the Odds tab.
The odds tab and settings lets you see the prices movement of the horses at set 'times of day' and at 'minutes to post'.
Odds at that 'time of day' or 'time to post' are show in the 'odds' columns.
The percentage movement between them are colour coded and are adjustable range settings in the settings.
The prices used can be: Back, Lay or WAP.
Layout Personalisation (Please note, recently updated)
Card Table Personalisation is controlled via an icon on the RUNNER column header, shown here on the the top left:
Switch columns on or off as required:
Races - Shortlists
Shortlists are a collection of runners based on historical performance data. There can be more than 1 runner per race. Shortlists consist of multiple races, and the table will show market time and venue when viewing shortlists.
Clicking on the 'market' column displays the race information above the table. The venue will display in italics when selected.
Clicking on the 'time' column will navigate you to that race, the browsers back and forward navigation buttons can also be used in the app to navigate in a similar way to normal.
The different shortlists find horses with specific performance criteria and can be used to find good 'back to lay' horses, but should always be viewed in the race they are running which you can do by clicking on the race time. Even if not in the shortlist, other runners in the race may well be a danger and you need to review the runners in context with each other in the race they are running.
The B2L 'Back 2 Lay' shortlist is purely statistical and casts quite a wide net. Using the horse's previous runs, the parameters are:
- Min ROI: 10% (based on the target you have set in your settings)
- Min runs: 4
- Runner back max odds: 20
You can further filter these runners with the shortlist editor
You can add, remove or edit your own personal shortlists!
The 'edit' icon on each lists shortlist opens the editor and loads the settings for that shortlist (even the default supplied B2L Shortlist)
Selected or add a new Shortlist to edit the settings that filter the runners down to fit the filters and ranges you wish.
- Count Check: Checks the number of qualifying horses in today's card so you can get an indication of how wide / narrow your criteria are.
- Delete: Removes the selected shortlist.
- Restore Defaults: Returns the shortlists back to factory settings (deletes all your own shortlists)
- Update: Updates the settings you've set
Today's Race Filters:
Filters the current race card to Country and Handicap status
There could be many results in your shortlist, HP will show 'pages' of result, therefore you should order the results by the metric you are most interested in. For example in the number or runs is important you then select 'Runs' and 'Descend'. The more per page you choose the more you can see all in 1 page but the slower the load time will be for each page.
Please note: The table containing a page of results is still order-able but this only orders that page, so the horses with the most runs (following from the example) can be ordered by time of day. This does not re-order the whole shortlist.
B2L or L2B: Only the B2L option is available at the moment, L2B is on its way!
% Profit (override):
The figures shown on HP relate to the default 'target profit' you have set in the main settings area, lets say this is 100% (a DOB - Double or Bust). The Wins, Runs, SR, ROI and other data relate to the 'back to lay' stats, not the win stats - HP is ALL about back to lay and not back winning.
The shortlisted runners are also based on this data however, you can override the target profit the shortlist uses to a different figure. So, you can shortlist based on 200%, but show stats for 100% in the main tables.
Min Hedged: The minimum number of times the horse successfully 'hedged out' at your set target profit, the equivalent in win betting would be 'min number of wins'.
Min Points: The minimum points profit made by hedge betting this horse for all its past runs based on your set target profit.
Min ROI: The minimum ROI profit made by hedge betting this horse for all its past runs based on your set target profit.
Min SR: The minimum strike rate achieved by hedge betting this horse for all its past runs based on your set target profit.
Ave Price Diff (APD):
Min: Lowest APD value
Max: Highest APD Value
Ave Book Drop (BBD):
Min: Lowest APD value
Max: Highest APD Value
Min Runs: The minimum number of runs this horse has had.
Min Odds: Filter out runners with BSP odds under this value.
Max Odds: Filter out runners with BSP odds over this value.
Won in Last: Only include horses that have won their races in the last X number of races (set 1 for LTO for example)
Placed in Last: Only include horses that have placed their races in the last X number of races (set 1 for Placed LTO for example), this includes position 1 (win)
Tracked Only: Only include horses that are in your Tracked list, this allows you to further filter your tracked horses.
Min CPR: All runners with a CPR under this value will be removed.
Best CPR: The CPR Ranking. 1 = the best ranked CPR in each race, 2 = the top 2 etc.
Min HPR: All runners with a HPR under this value will be removed.
Best HPR: The HPR Ranking. 1 = the best ranked HPR in each race, 2 = the top 2 etc.
Min PAE: All runners with a PAE under this value will be removed.
Max PAE: All runners with a PAE over this value will be removed.
Min B4Y: The B4Y Ranking. 1 = the best ranked B4Y in each race, 2 = the top 2 etc.
Best B4Y: The B4Y Ranking. 1 = the best ranked B4Y in each race, 2 = the top 2 etc.
Clear B4Y: How far clear the B4Y ranking is compared to it the next ranked. If a horse has a ranking of 160 and you set 10, it will only show if is 10 clear of the next horse, so the next horse (in B4Y rating order would have to be less than 150). This prevents shortlisting horses where there is another close 'danger horse'
Min Focus R5: Minimum R5 Focus Rating
Best Focus R5: The top 3 rated horses show on HP. If you want to see the top 2 only select this and set a value of 2 (for example)
Min Focus Conf: Lowest confidence rating for a Focus rated horse.
List horses only with a high percentage of past runs with specific pace score. Here, only horses that have at least 30% of the past runs with pace scores of 1,2 or 3 will qualify
List horses only with a high percentage of past runs with specific pace term in the running notes. Here, only horses that have at least 25% of the past runs with 'led', 'dictated' or 'prominent' in the running notes will qualify.
To get an idea of how often pace terms appear and what the past performance of those terms are please refer to this report:
Keep an eye on your favourite horses with the horse tracker feature.
Click on the 'star' icon to the left of any horse in the card to add / remove from your list
Tracked horses are show, and can be removed, in the dashboard, which also shows the next or last race for that horse.
In depth runner details can be seen by clicking on the 'view' icon or the 'runner name'.
Runners details can be shown in a large 'popout overlay' or 'in-line' under the runner in the table. This is controlled in the settings area.
The overlay option is larger but you can only see that information in isolation, with some general runner and race information shown.
The runner overview is a single row of data with: number, name, jockey, trainer, B4Y rating, ROI of past runs based on your settings, runs, wins, strike rate, WAP (weighted average price), back price and lay price.
The runner can be changed on the top left and bet slip can be opened on the top right.
The inline is more compact and you can see other runners and race details on the same screen.
The tabbed 'View Options' are:
- Previous: A table of the runners past runs
- Conditions: Charts of the runners past race conditions (In Overlay mode this is combined into the Hedge View)
- Hedge: Larger £/Target and £/Time charts
- Prices: Large 'zoom-able' price today's price history for the horse
The past runs table gives a lot of information about the horse's past runs and the race conditions it ran in.
- DATE: Race Date
- VENUE: Race Venue
- JOCKEY: Runners Jockey (for that race)
- TRAINER: Runners Trainer (for that race)
- PS: Early pace score (colour coded - green for high, red for low)
- CPR: 'Class Pace Rating' for the past race
- RN: Runners in the race
- CL: Race class
- DST: Race distance
- GOING: Race Going
- SFCE: Race Surface (e.g.: Turf)
- TYPE: (Jump / Flat) Race Type
- DIR: Track Direction (for that distance)
- PROFILE: Track Profile (for that distance)
- BSP. The BSP of the runner for that race.
- LOW: In-play low
- %: Percentage reduction (BSP to Low)
- PD: Price Change. The price % change from BSP to Low limited from -100% to + 100%
- BD: Book Difference (BSP to Low)
- HI: In-play High
- POS: Finishing position (Winning Distance - if first)
- PROF: Hedge profit (at your target settings in points)
Book Difference (BD). The book difference is a past race is 100/low - 100/BSP, this is like tics drop but more accurate.
Hover over any row to see the full in-running comments.
The profit cell also shows a green thumbs up or red thumbs down for profit / loss indicators, along with a red corner in the % cell to show this was a negative outcome.
Any cell with a red corner indicates that this condition resulted in it being a 'non qualifying race' die to your conditional settings.
Conditions over time for:
This lets you very quickly see how today's conditions match with past conditions and overall trends can also be inferred.
- Qualifying races are BLUE lines.
- Non-qualifying (filtered out by your race condition settings) are GREY lines.
- The last GREEN line is from its last race to the current race value.
So in this example:
- Field size in today's race is less that its last run
- Class is better, and better than most of its past runs (so be careful!)
- Trip distance looks in line with its past runs
- It looks used to this going
Lets check those class 4 races:
Click to view the 'PREVIOUS' Tab, order by CL (Class)
Finished 5th in both races but dropped by 232 and 801% (from quite a high BSP)
The 2 charts show Target / Actual Profit and Profit / Time:
Profit / Target Chart
This chart is showing you the 'actual profit' you would have made by hedge betting this horse on all its past runs at different 'profit targets'.
Most back to lay services only show you the DOB (100% profit) stats. HP shows you all profits ranging from just 5% to 500%. To do this effectively, it needs to be graphical.
The chart above it showing that all profit targets were historically profitable for this horse, some more that others. The vertical line in the example above is set at 175%. The right hand chart is profit / time - this shows you how consistent the profits were by following this horse. This is essential information as all its profits could have been early in its career and recently poor. In this example the profit over time is nice and consistent.
The peak performance for this horse (which is 'First Of Never') looks to be around 200% - this translates to a 'Treble or Bust', you'll win 200% your stake at this return target.
Click on the chart with your mouse and line over the 200% area 'locks in' the data. You can unlock again with another mouse click.
The overall profit still looks consistent but is higher going up from a final profit of 17 points or so at 175% to 23 points at 200%.
This does not mean that exactly 200% is the perfect target for this horse today, but this is showing you that this horse is a great 'back to lay' horse.
For good measure, here is the horse at 50% return, very consistent but less profit overall. This is what 'back to lay' betting is all about.
This horse, 'First Of Never', as of 1/3/2019 (when this guide was written) IS a profitable horse to simply back. However, that's from 1 single win over 19 runs at odds of 93.00 (in its last race)
The odds chart can be zoomed in or out to view more recent or a fuller set of odds history with the green slider under the chart.
You can also choose to include / exclude prices: back, lay, WAP and volume (amount traded). The volume values show on the right hand vertical axis.
Betting - Bet Slip
Free Trail accounts are limited to 5 bets per day and max of £2 (or your min Betfair stake in your currency)
The betting slip can be opened quickly by clicking on either the back or lay odds on the cards.
It can also be opened via the bet slip button on the runner details area.
There are two betting slip viewing modes: standard for easy fast betting or an advanced view that give more control over your hedging bets.
The standard view has a single control which is a STAKE input for the back bet.
The information section shows the back odds that will be ordered. This is lower than the current odds to 'ensure' the bet is matched.
If the Back Only option is checked, no hedge bet will be order and lay bet information is hidden.
The lay bet is ordered straight away and is set to remain in-play to get matched if and when the odds come down in running, or sometimes before the race has even set off.
The lay stake and odds are estimates based on the current odds assuming the back odds are matched at the current price.
You can quickly change the target percentage with the slider under the 'Order Button'.
After clicking the blue order button a status message is returned with the Betfair Bet ID.
The race card with now show a small blue B symbol next to the horse you have a bet on and can be viewed in more detail on the Bet tab of the app.
Duplicate betting is when you are wanting to order additional bet of the same horse; if the system recognises that you are doing this, it will ask you to confirm you are OK with this:
The advanced betting slip offer more options:
Back Bet Options:
A negative value here results in a 'safe' bet, the odds ordered will be reduced to try and ensure a matched bet even if the odds fluctuate slightly on the exchange. If the back bet matches on ordering then the lay bet will be ordered immediately. A positive value increases the odds requested. This option should be used if you are trying to gain value in the back bet which can be a sound strategy to increasing your returns.
If your back bet is not matched due to you setting a positive 'ticks profit', the HP engine can reduce the price as it shortens on Betfair; this is called 'chasing down'. The HP engine will maintain that as a maximum number of ticks between the available price.
Max Chase Ticks
The back chase will not chase a bet down more than the number of ticks you set (0 means no limit).
Lay Bet Options:
If the price drifts and you have an outstanding lay order then there is an option to chase the price up.
The new odds of the lay bet are calculated against the current back price and the target percentage profit you have set for your 'hedge bet'; this new price for the lay bet will not go above the matched back price.
Let's say you have £10 matched at 10.0, your lay bet (going for 25%) is therefore £12.5 at 8.0.
If the back price drifts to 12.0, the lay will be adjusted to 9.6.
What happens for partially match lays and odds capping:
Say, the back price has drifted to 15.0, the lay price 'should be' 12.0, this is capped to 10 - as this was the average price of the matched back.
If you already have a portion of the lay matched, then we are only dealing with the portion that's left open. Let's say you've got £5 matched at 8.0.
The remaining £7.50 @ 8.0 becomes: £6.00 @ 10.0; if matched the average lay will be £11 @ 9.09.
None: No action taken.
Your hedge back bets can be scheduled to be ordered at the minutes to post (MTP) you require. You can go as low as 1 minute, but 4 or 5 is recommended as a minimum. It is also highly recommended that you use a negative ticks adjustment of at least 2 if scheduling bets.
When schedule is selected you have the extra options of a min and max back odds:
When the Hedger Pro Scheduler processes your bet, it will only be ordered if the back odds are currently equal to or inside your min / max. If you have ticks adjustment set to +ve the bet ordered may still go over your max. If you have ticks adjustment set -ve, it will not exceed the min you have set.
Kill / Fill
At the Minutes to Post (MTP) set any remaining unmatched back bet will be Killed (cancelled) or Filled (matched at the currently available price), if filled the corresponding lay will be ordered to complete the hedge.
Pre Play Cashout / Stop Loss - these options are for pre-play only!
Back and Back-to-lay bets can be cashed out with 2 different triggers (you may use both at the same time)
Some people call this cashout, others greening up, stop loss or hedging. In all cases, oen bets are cancelled and any remaining bets are hedged at the current price to give a level book.
This will be action ONLY on the bet you requested it to be, HP will not interfere with other bets you place and level the whole market up.
MTP: At the set minutes to post the bet will be hedged
Target Loss%: When the HP engine sees that by hedging out you'll make over a certain loss (as a percentage of the matched back stake), it will hedge you out. Please be aware: this is a tool for long time scale hedge bets, not for very fast pre play tick trading.
The INFO section shows you the current back order odds and resulting estimated lay odds and stake.
You can use a slider to quickly alter the target percentage, this will update the lay odds and stake in the INFO section
When you're happy, click the ORDER button:
A scheduled bet shows up as an 'S' symbol on the race cards, and an current bet as a 'B' symbol
The bets tab is where you view your open and recently settled hedger bets; click on the refresh arrow (top left) to list or re-list the bets:
You may click on the race time to jump to that race.
Back details, lay details, the stage of the hedging process achieved and the overall status, as well as profit and action buttons are shown in the main information area.
The action area lets you make basic actions against the hedge bets for this line (backs and lays):
- CLOSE: If the order is open on the HP Engine, this will close it and stop HP acting on the order in any way.
- OPEN: If the order is closed (and not killed), it can be re-opened.
- KILL BETS: If the order is closed you can cancel (kill) all unmatched bets on Betfair.
- HIDE: Removes the line from the BETS tab. It will still show in your Bets History.
The details switch (top right) gives in depth details on each set of hedge bets:
The settings you used for the back and lay parts are shown for each hedge bet.
Under that is a bets table with 1 or more bets. If the back or lay have multiple parts due to being taken at different odds, different times or having been chased by the HP Engine, they will show on separate lines. Separate backs and separate lays can be combined into 1 line per bet side (back / lay) by switching on the 'details' option (top right).
The bet details are divided into:
- Instruction: The details about the submission to Betfair.
- Initial Order Report: The details about the response from Betfair about the instruction.
- Current Order: Details about the current order - this is dynamic and will change as the bet becomes matched or cancelled.
- Closed Order: When the bet is closed due to being settled, cancelled or lapsed, the details pertaining to that show here.
Your overall betting history can be viewed and exported to a CSV in this tab.
View your overall outcome as daily, weekly or monthly periods, as a table and chart visual.
You can view your individual bets for the last 7, 30 or 90 days, or for a specific date; select 'Date' from the options and set the date you wish to view.
To export the table, click 'Export to CSV' on the bottom right on the page.
B4Y Supplied Info
The top 3 B4Y rated horses from are shown in the race card, these are supplied by Bet4You and more info can be found at the B4Y web site.
70 - 95
May run well but has negatives against it.
100 - 135
Highly rated with positives under today's conditions.
140 - 160
Strongest rating of the day with multiple positives.
If you are a member of B4Y and runner are rated and race comments are provided in the race table on the dashboard.
Hedger Pro's pace ratings are supplied by bet4you and are available as part of your HP access without bet4you access required.
The top 3 'R5' rated horse are supplied to HP by Focus Ratings.
A combination of the the rating, confidence and forecast price against the current actual price give a fantastic way to find value. More info can be found at the Focus Ratings web site:
Focus Ratings is a modern, fully computerised ratings service that sends out accurate UK & Irish horse racing ratings at 10.00am every morning.
You can also views the ratings (and download them) on the site.
EarlyBird Preview Ratings are also sent out at 5pm the evening before the races. This allows you to get on the big prices.
Focus Ratings has been going since April of 2013 with many of the original members still subscribing to the service.
There is a System Builder - You can create your own profitable systems using simple drop down menus (similar to Adrian Massey's old site) and have any selections sent to you every day at about 10am.
As well as the normal form data, the ratings also show Unique Jockey/Trainer combinations (where it is the Jockey's only race in a meeting or a Trainer's only horse in a meeting; or both) and Going Wins, Going Places, Course-Distance-Going Wins (very important!), Change in Trainer and Change in Class (since last race) and so much more!