Cymatic Trader Community

[RoB]

If a bet is struck with the instruction to take Betfair SP as the default, as soon as the race starts the Cymatic software works out and displays the profit should the bet be successful. This suggests that Cymatic is reading the BSP from somewhere.

So, would it be theoretically possible to...
1) display the BSP's in Cymatic (even if solely displayed in to the Cymatic Excel worksheet?)
2) crucially, act upon them?

For example, if the race at Cheltenham starts and immediately at this point the BSP of Altior is sent from Betfair as 2.0, would it then be possible to strike further bets in-running with reference to this BSP? i.e. only back Altior if he drifts out to, say BSP +1.0 (3.0) or, say, only LAY if price goes to BSP -0.5 (1.5) ?

Thanks,
Rob

[Gavin]

Hi Rob,

Cymatic does not display the BSP price, so I usually suggest that people calculate an expected SP by looking at the prevailing price just before the market goes in-play, which on average will probably be a pretty close estimate of BSP. This can be done using the Visual Basic Editor in Excel, to store the prevailing price just before the market goes in-play.

Yes, Cymatic displays the P&L for a bet after it takes the SP price at the off, but it is not because Cymatic reads the SP price. It is just because the software reads the price that bets are matched at.

Kind regards,

Gavin