API (Application Programming Interface) software always sounds so intimidating with regards to betting. However, you will find that it essential that you become familiar with it and it can often be the difference between having success and not.
Plenty of companies out there have designed interfaces that can help the punter considerably and are genuinely easy to use. It is fair to say that those who bet in running couldn’t do so without the help of API software.
The most basic software lets you place bets with one click, close positions with one click, speed up refresh rates, use a ladder interface, reorder the interface by a different metric, place offset bets etc.
The more advanced software allows you to integrate Excel with the API software to do some pretty incredible stuff. Like always the outputs and results are only as good as the data being put in. There are no magic money trees but it can definitely be a game changer.
To give you an example. You could have an Excel model based on tennis that tells you what the prices should be at a particular score given the players involved. Once the score is entered (can be automated or manual) into the spreadsheet (say Nadal 6-1, 2-1 30-30) it will generate suggested prices.
Users can then get bets automatically placed into the market on the basis of those prices. There is a lot of flexibility in terms of what those prices are, how many bets, size of bets, how long they are in the market for, which runners you price up etc.
I tend to prefer the interface of Gruss (pre off) but have used Bet Angel (in running) a lot over the years as well. They serve different needs. Both have free trials so you can see what you like. Peter Webb who owns Bet Angel has some very good tutorials.
It really is worth spending the time to understand what is available and how it might help improve your betting. It is an essential part of a pro punters armoury.
ProPunting 