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.
Second Row of Ladder Table Header
Moving down, we find a row composed of several buttons.
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.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.
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