Fill or Kill & One Click Betting
API programs should be an essential part of any trader or punters betting toolkit. This type of software is also a must have for live in-play traders who need to make bets as quickly as possible in order to get a price before someone else takes it or the market adjusts and the opportunity is long gone. Alan Thompson explains all...
These programs have many functions and capabilities that increase the traders speed, accuracy and execution of bets in the markets.
One of these functions is known as one click betting - using the Betfair website the user must click on the selection then manually enter the stake then click to make the bet and then click again to confirm it.
One click betting allows bets to be placed with the single click on selected odds with a predetermined stake.
Another function of API software is the Fill or Kill order, this is especially useful in fast moving in play markets. The concept behind Fill or Kill is that you want to place your bet immediately or not at all, if you are laying you would be expecting the odds to "drift" and backing the odds to "steam".
If you do get matched "FILL" then you should have position of strength in the market, however if the market was to turn against you then you wouldn't want to be matched the "KILL" part will remove your bet from the system.
Using API programs can open up new strategies and enable you to be far more productive with your betting / punting or trading.
Prices quoted in copy are correct at time of publication but liable to change.
