FAQ
- Do I need to have MS Excel installed to run MarketFeeder Pro?
- Can MarketFeeder Pro trade in different currencies?
- Is it limited in bet size?
- Does it support multiple markets?
- What does Triggered Betting mean?
- Can I run my own macros in the spreadsheet connected to MarketFeeder Pro?
- How can it help me to earn money?
- Do I have to pay extra-fee for using BetFair API?
- I don't see a suitable trigger in the Trigger Examples
- What can I do if I connect MarketFeeder Pro to Excel?
- What is Auto-Greenup?
- How many triggers can I maintain at the same time?
- Can I connect external spreadsheets to MarketFeeder Pro?
- Will I be able to use the software at my home AND at my work?
- What markets can I trade in?
- ASK YOUR OWN QUESTION
- Can I set up a trigger that watches or bets on several runners?
- Can MarketFeeder Pro bet in In-play markets?
- Can I check an event's state (for example Suspended or In-play) in my triggers?
- What happens to my Dutching bets when one or more runners are withdrawn?
- What options can I set for Auto-Dutching?
- Maximum Payout that you are prepared to spend on a selection
- Amount to win (or to lose) per each selection
- Minimum profit %
- Bet on the Back or Lay side (or both)
- Bet on the first ... selections (and therefore calculate book% only for those selections)
- Stop after each Dutching (to give you time to check if everything is correct)
- Adjust amounts (if the calculated bet size is greater than the amount offered in the market)
- Bet In-Play (whether to activate Auto-Dutching when the market is In-Play)
- How would I set up a trigger that allowed me to dutch the top four runners?
- I have 2 Betfair accounts and run 2 systems I'd like to work on both Betfair accounts using your software - one from my pc and one from my laptop. Is that possible?
- Can I save and recall defined triggers, pass them to another user?
- Can I sell triggers?
- Is it safe to use MarketFeeder Pro?
NO, you don't need Excel or any other spreadsheet software to be installed on your computer. You can use MarketFeeder Pro 5.0 without this software.
Connecting to Excel is just an option that is available, but not a system requirement.
No, MarketFeeder Pro allows you to bet starting from 0.01 fraction of your currency item.
Yes, you can connect MarketFeeder Pro to a spreadsheet of any configuration and level of complexity. It may have built-in macros, functions, sheets, buttons etc.
First of all, traders with moderate experience can earn money easily using the common trading functions, such as "Auto-Greenup" and "Auto-Dutching". They work in a fully automated mode, and unless you have a very bad luck, you will find yourself in profit after a while.
If you know a profitable strategy, MarketFeeder Pro can help you to implement it without staying in front of your computer. This will save you a great deal of time, and add money to your account. Review the list of trigger examples on our web site, and take a look at how simple staking plans are realized.
If you have MS Excel installed, you can extend the area of things you can do with MarketFeeder Pro.
Firs of all, you can get use of so-called "Custom Cells": you can view and access additional pieces of information on selections or markets. You can define these pieces with your own formulas and expressions, and then tell MarketFeeder Pro to display them in the market sheet, together with the regular market information. For example, you may display the selection's chances of winning apart from its decimal odds. That can be achieved by creating a custom cell with a formula 100/back_price, where back_price is a built-in trigger variable returning a selection's back price.
Secondly, you can view selected markets in the spreadsheet you will connect to. Each market is displayed in a separate sheet. You can use every cell in your own calculations. You can connect your own pre-formatted spreadsheets to MarketFeeder Pro, and use the results of your formulas in triggered betting, thus initiating bets based on your own calculations.
Finally, if you have some programming skills, you can send and cancel bets directly from Excel, using the examples of functions we suggested in the help file.
Greening-up is a betting function, often referred to as "hedging" or "offset betting", that allows you to generate equal profit on all selections, regardless of the event's outcome. It is based on backing at high odds and laying at low odds, or in other words "buying low, selling high".
Aut-Greenup is a function of MarketFeeder Pro that automatically greens-up the market you have placed a bet in, if the current prices allow it to do that. So if you first laid, the Auto-Greenup function will look for the possibility to back at higher odds, and vice versa: if you backed, it will wait till it can lay and close your position.
All the calculation is made automatically.
The number of triggers is not limited. MarketFeeder Pro will execute all active triggers that are stored in the trigger file you will load.
Yes, definitely. Triggers allow you to choose one or more selections that you want to work with, even if they are in different markets. You can address the selections by their names, position in the list (Favourite, Second Favourite, Probable Loser etc.), as well as by the special parameters these selections may have. The parameters can be defined by the conditions, that your trigger will have. For example, you may pick all the selections that have a specific price range.
Yes, MarketFeeder Pro detects the state of the event and allows you to place and cancel bets when a market is In-running. Where markets support bet persistence, you can make MF Pro keep unmatched bets at In-Play, or match them at the starting price.
You can bet manually - either in a special betting area or through one-click - and also set up triggers that will be executed in In-play markets.
Yes, you can make a trigger be executed only in certain market states: either In-play, Idle, Suspended or combination of these.
Besides, there is a special trigger variable that returns the current state of the market (market_inplay). You can use it in your triggers.
After a runner is withdrawn, all matched and unmatched bets placed on it are voided. Thus, by making simple calculations, you can see that if you made back bets, your winnings will even increase. By removing one of the back bets you will increase profit on each runner that is left in the list.
On the contrary, if you were betting on the lay side, removing at least one of the runners will spoil your P/L scheme dramatically. The voided lay bets were the source of profit for all the other runners, so after its removal you will lose a certain amount on all runners where you bet.
So it is reasonable to play lay Dutchings only if you are 100% sure that no more runners will be withdrawn in the course of the day. Unfortunately it is hard to predict this happening.
The available options are:
Unfortunately this is not possible unless you purchase two copies of MF Pro. We have no way to verify that both accounts belong to your name.
But if you change your username after having purchased MF Pro, we can substitute it for free, if you email us specifying your old and your new usernames.
Yes, all triggers are saved in text files, with an *. XML extension. When you are editing triggers in the "Triggers" window, you can press the "Save As" button, and save the triggers in any file on your computer. You can then send this file to your friends, and they can open it using the "Open" button. It is as easy as that!
You can make your own collection of triggers, saving them in different files.
Yes, you are fully authorized to sell your own trigger files to other people. MarketFeeder Pro has a special interface for doing that. After having created the triggers for sale, you can encrypt them with a password, and even make them open only in a specific copy of MarketFeeder Pro.
Encrypted files can be opened and executed, but nobody will be able to see or modify the fields of the triggers.
MarketFeeder Pro does not store your secret information anywhere, even on your own computer. It passes your username and password over the Internet only once, at the moment of logging in, and only to BetFair server, through a connection that is protected with 128-bit SSL encryption.
We do not store your passwords on our computers, and don't pass them anywhere except BetFair. MarketFeeder Pro has been tested by BetFair technicians, before it was granted the right to be called an official BetFair solution.
