by Gavin » Fri Jan 05, 2018 1:00 pm
Hi Faris,
Thanks for your question. You have come to the right place, because Cymatic software gives you a speed advantage against other many other punters. Not only is it easier and faster to operate than the website, but it could be faster than some other software programs that might not be written with such a focus on speed. Cymatic is designed to be incredibly fast, it is not cumbersome.
A lot depends on how you want to initiate and trigger the bets.
There may be things that you could do try to to beat other punters or traders who are trying to make the same bet. Whether you choose to do any of the ideas, depends on your risk appetite and how you intend to initiate the bets.
If you intend to watch the race and click with your finger to manually send a bet, only when you see a horse fall over, then you will benefit from using fast software, but you will be in much the same situation as everyone else trying to do it.
If you want too try to use more automation to get your bet in first, then perhaps you could consider sending the lay bet at 1000 when you see price jump up quickly. For example if price was trading at 10 then suddenly jumps to 100 (or 500 or whatever you decide) then you could guess that the horse may have fallen behind or fallen over and so you send your bet at 1000 (which might be matched at a lower price, or be one of the first to lay at 1000). You could use an Excel spreadsheet to monitor the price movements and see if there has been a sudden dramatic movement. Be careful if you decide to explore using a method such as this, because there are lots of pitfalls:
1. The horse may not have actually fallen over.
2. There might just be a brief gap in the market, or no prices being offered, which makes it look like the price is high, but actually it just appears to be because there are no prices being offered lower due to a lack of liquidity. Monitor the price available to back is therefore safer than monitor the price available to lay.
3. The price available to lay is not guaranteed to be a safe price to monitor. Another punter may have made a mistake (a 'fat finger' mistake) and accidentally sent a lay bet to match all the money in the market up to a high price. If the fat finger bet was large, there could be a part of it that remains unmatched at a high price. If you automatically follow suit with your own lay bet then you will make a huge potential loss within a few seconds when price natural settles back down to where it was meant to be.
There are probably other pitfalls to this sort of method, so don't go down that route unless you have thought it all through very carefully and put some safety conditions in place if possible.
Using a Virtual Private Server (VPS) or a dedicated private server, located in a hosting centre will also give you a speed advantage compared to sending the bets from home (if you are using the automated method).
Kind regards,
Gavin