Ladder

Updated on 2024-07-25

Selection Choice

At the header of the ladder, the name of the market selection to which the book table refers is displayed. Using the dropdown menu, you can choose to view the odds for any of the other available selections.




Each selection is color-coded for easy identification. The colors can be customized in the Options window, Colors tab.

Selections Order

The order in which market selections appear from left to right when the market window opens can be configured through the Options window, Ladder tab, or can be set with a simple click from the menu in the bottom button bar of the market window. For example, selections can be ordered based on Betfair's order or by odds.

Information in the Selection List

In addition to the selection name, various pieces of information are displayed.

The number inside a colored square to the left of the selection name indicates its position according to a sorting criterion based on favoritism (e.g., if 1 is indicated, that selection is the market favorite), while the gray number on the far right of the name box indicates its position according to Betfair's sorting criterion.

If available, the number of closed bets and open bets on the selection are also indicated.

If the corresponding option is selected in the program's configuration, the last traded price of the selection will be shown next to each name when the list is opened.

First Row of Ladder Table Header

The row below contains a series of very useful data and buttons during betting and trading.



Starting from the left, the first box indicates your trade position: if it shows 0, you have no open trades. If it shows “B”, you have an open Lay position. If it shows “P”, you have an open Back position, and if it shows “E”, your trade is closed and you have an equalized position.

The second box shows the WoM percentage value: more details on what WoM is and how it is calculated by Betting Toolkit can be found in the Options chapter.

Continuing to the right, the next box provides the Last Traded Price value, the amount of money matched, and whether it was a Lay (L) or a Back (B).

The last box shows the total volume of matched bets in euros for that selection.

Following this are four buttons: the first activates or deactivates the historical chart of the selection from the market opening. The second button with the euro symbol activates or deactivates the predefined stake buttons. The third button centers the ladder on the best Back and Lay prices, and the fourth button with a red “X” clears all unmatched bets on the market, including any pending stop-loss trades.

Second Row of Ladder Table Header

Moving down, we find a row composed of several buttons.
  • Profit/Loss Button:  indicates the profit/loss that would be achieved if the current selection were to win. If the available odds on the book allow it, this button is clickable and allows you to quickly void the profit on the selection. Left-clicking on this button presents a confirmation window if the "Show confirmation window for voiding P/L selection" option in Options/Cash Out is enabled.
  • Cash Out Button: to the right, a possible button (visible or not depending on trading conditions) indicates the potential cash out and allows you to execute this operation once clicked. After clicking, a confirmation window appears if the "Show confirmation window for cash out" option is selected in the Options window. Right-clicking on this button can set the Automatic Cash Out.
  • Best Odds Button: in the center, there are two clickable cells with clickable squares next to them. The value in the blue cell represents the best Back price; clicking it, Betting Toolkit will place a Back bet that will be immediately or partially matched. The square next to it places a Lay bet in front of the best Back price, making us the first to offer the best price. The value in the pink cell represents the best Lay price; clicking it, Betting Toolkit will place a Lay bet that will be immediately or partially matched. The square next to it places a Back bet in front of the best Lay price, making us the first to offer the best price.

Third Row of Ladder Table Header

Immediately below, the values expressed in euros represent the total amount of unmatched Lay bets in the market for a specific range of odds and the total amount of unmatched Back bets for a specific range of odds. In Options, Ladder tab, you can set the desired range of odds. These values help assess market trends, which Betting Toolkit expresses on the same row both as percentages and graphically with a green arrow if it is rising or a blue arrow if it is falling.



Ladder Table

The structure of the Betting Toolkit ladder is composed of 8 columns. Some of these columns may or may not be present depending on the configuration adopted in the Options window.
  • Odds and Available Money Columns
    The third column lists the odds. To the left of the odds column (pink) is the money available to match Back bets, and to the right (blue) is the money available to match Lay bets. All cells immediately to the left and right of the odds column are clickable, allowing you to place your bets there. Trading with the Ladder table.
  • Bet Columns
    The amount of money used for your unmatched Lay bet is shown in the 1st column at the chosen odds, while the money used for your unmatched Back bet is shown in the 5th column.
  • Cash Out Column
    After your bet is matched or partially matched, the 6th column shows the potential profit or loss for each odds level. Clicking the cell corresponding to the desired profit or loss value, Betting Toolkit will pre-calculate the stake and place a bet (Back or Lay) to achieve that profit or loss value if fully matched. Behavior based on mouse buttons: left-clicking starts the cash-out operation silently or with a confirmation window depending on the "Show confirmation window for cash out" option in the Options window's Cash Out tab. Right-clicking forces the confirmation window regardless of the above setting.
  • Volume Column
    The values in euros in the 7th column represent the volume of money already traded for each odds level.
  • PIQ Column
    The 8th and last column is dedicated to PIQ (Position In Queue), showing the position of your Back or Lay order in the queue before it is executed.

Ladder Odds Chart

To the left of the first column, for each odds level, the pre-calculated probability percentage value and its graph are dynamically drawn by Betting Toolkit based on the traded odds over time. The program also outlines two horizontal lines corresponding to the minimum and maximum peaks reached by the graph, indicating what is known in financial terms as price support and resistance, which in our case are the odds.

Book Map

Finally, we find the Book Map, the vertical bar to the left of the graph that represents the entire book as if viewed from above, allowing us to quickly see the distribution of money along the odds axis, identify where it is most concentrated, and how it shifts over time. The yellow dash highlights the exact point of the current best available Back price.

Still need help?

Submit a ticket and we’ll get back to you as soon as possible.