The Bfexplorer for Bettors offers the base market grid view for bet placing similar to the user interface on betfair web pages. After a bet is placed at betfair market the selection on which you placed the bet is automatically added into the Watched selections window where you can see the odds movement and your current position. If you want to close your position (trade out with equal profit) you simply click on Profit button, or on the Close position in the Watched Selections window. You can monitor as many markets as you want quickly switching among them through Watched Selection window or Market list.
The Bfexplorer default settings is to add any selection on which you placed a bet into the Watched Selections window. The Watched Selections window then shows all selections on which you opened your position and selections you add there manually clicking on the menu item Watch this Selection.
The Bfexplorer for Bettors offers three types of user interface for placing a bet:
- Market Grid View
- My Bets
- Bfexplorer Trader
The Bfexplorer Trader user interface is designed for trading on multiple selections. You can set in the Selections window which selections to show or hide or you can use the Show only favorites toolbar button to show only the preset number of favorites.
The bot (from word robot) is automated program which in this case executes the trading logic to which is programmed for. The Bfexplorer extensive support for bot development opens huge possibilities, as any trading strategy can be implemented extending this way what is already built-in.
The Bfexplorer for Bettors offers four types of different bet Wizards which could help you in bet placing:
- Close Position
- Close Position for Selection
- Back/Lay All
- Back/Lay Dutching
You can cancel your unmatched bets using the My Bets or Trade the Market window. In the My Bets window select the unmatched bet and click the right mouse button, the context menu appears and as you want to cancel the bet you click on the menu item Cancel the bet. You can do the same just clicking on the Cancel toolbar button.
You can update your unmatched bets using the My Bets or Trade the Market window. In the My Bets window select the unmatched bet and click the right mouse button, the context menu appears and as you want to update the bet you click on the menu item Update the bet.
The Bfexplorer uses dock-able windows and pages as part of the user interface what enables to present any possible information we retrieve from betfair, on the other hand you can simply hide information you do not need, a window which presents such information. It is up to you how you will create your own workspace layout.
Placing, updating or cancelling a bet is done on the market selection, so before doing so you must select the selection. After a market is opened for monitoring the first selection is selected, My Bets window is set to the selection so if you use My Bets for placing a bet, the application knows on which market and the selection to place your bet.